Wework founder Adam Neumann iced out of £359m bankruptcy deal April 30, 2024 Troubled office space provider Wework has unveiled a new plan to absolve itself from bankruptcy, and it does not involve Adam Nueman its founder who was looking to regain control of the business.
Gladman Homes founder increases investment in Henry Boot April 30, 2024 The founder of one of the UK's most active land promoters has further increased his stake in property developer Henry Boot.
London rents hit record highs – but price increases are slowing April 30, 2024 Average advertised rents in London are now 5.3 per cent higher than last year, but there are signs that the pace of price increases are slowing, a leading property portal has found.
London’s ultra wealthy have ‘moved out’ since Brexit, says top private jet dealer April 30, 2024 Brexit, changes to non-dom status tax rules and the Russia-Ukraine war has led to a slump in sales of private jets in London, a top dealmaker has said.
The Notebook: For the UK’s poorest, things are only getting worse – just look at the numbers April 30, 2024 Ian Whittaker takes the Notebook pen to write about inflation, the US's Tiktok ban, and a little bit of life advice.
FTSE 100 today: London markets set to extend record streak on strong global cues April 30, 2024 Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.
China’s April activity growth slows, raising doubts on economic recovery April 30, 2024 China experienced a slowdown in growth in both its manufacturing and services activities in April, indicating a sluggish start to the second quarter for the world's No. 2 economy.
One Media IP: broker upgrades forecast for ‘only UK-listed alternative to Hipgnosis’ April 29, 2024 Broker Cavendish said it believes One Media IP remains the only UK listed avenue for investors to gain exposure to music royalties.
GPE bolsters flex team as it ups hybrid office space target April 29, 2024 One of the capital’s biggest landlords, GPE has announced the appointment of three new senior members to its flex office team, as it targets a portfolio of one million sq ft of flexible space in central London.
Lack of major natural catastrophes puts Lloyd’s of London insurer Beazley on front foot April 29, 2024 For the full year, the company said it expected to report a combined ratio—a measure of insurance premiums taken as a percentage of losses paid out—in the low 80s on an undiscounted basis.