Rio pins recovery hopes on mega Simandou iron ore project amid share price blows October 5, 2023 Could revive Rio Tinto's long-held ambitions of mining the world's largest untapped supply of high-grade iron ore revive its share price?
M&A is finally finding a way out of last year’s doldrums as pace of deals picks up October 3, 2023 There are signs of M&A green shoots with pace of dealmaking picking up after rising interest rates, market volatility and geopolitical tensions
Chancellor says welfare reforms and AI could help end ‘ever-rising taxes’ September 30, 2023 Chancellor Jeremy Hunt has said welfare reforms and the integration of artificial intelligence into the public sector could be the way to end the “vicious circle of ever-rising taxes”.
BNP Paribas to track UK staff to enforce office attendance September 28, 2023 BNP Paribas has told London staff it will track their entry-gate swipes to ensure employees meet targets for working from the office.
UK SMEs lack confidence in political parties – but there’s one they favour more September 28, 2023 SMEs’ confidence in all political parties is suffering according to a new poll - although of those who do see their needs reflected in a party, more would point to Labour.
Pepco: British Poundland veteran parachuted in to save struggling European wing September 28, 2023 A retail veteran, who was instrumental in driving UK growth for budget outlet Poundland, has been reshuffled by Pepco to head up its struggling European division. The move comes as the arm posted its second profit warning in three weeks. Barry Williams, who served as managing director of Poundland and Dealz, in the UK and [...]
Who’s in charge anyway? Our sluggish growth happened on Sunak’s watch September 28, 2023 From HS2 to replacing A-levels, Sunak and his ministers are busy pretending the delays, challenges and cost overruns have nothing to do with them, writes Will Cooling.
Everyman posts five-fold drop in losses to £4.3m but Oppenheimer effect offers hope September 27, 2023 British cinema chain Everyman has reported a fivefold increase in losses due to weak ticket sales. Everyman, which has 41 cinemas, posted pre-tax losses of £4.3m for the first six months of the year, five times the £798k lost in the same period last year. Shares dipped over one per cent on Wednesday morning. Admission [...]
‘Higher for longer rates’ sparked shift to premium London office space September 27, 2023 Property developer Landsec reported strong demand for premium office space in central London, as firms react to the message of interest rates being “higher for longer.” The commercial real estate giant said office occupancy in Victoria, where half of its central London business sits, is now 100 per cent let and with £17m of lettings [...]
‘It’s time to remind the world why the capital is still number one’ September 26, 2023 London has a powered-up investment agency making the case for the capital - with a new man in charge