Tesco and Sainsbury’s landlord reports profit boom despite declining assets March 13, 2024 Supermarket Income REIT, which rents out properties to some of the UK's biggest supermarkets, saw operating profit jump 18 per cent last year, even as its net assets dropped eight per cent in the same period.
Numa launches first UK site in Bloomsbury as London’s hotel market picks up steam March 13, 2024 The group operates as a “fully digitalised hospitality platform” according to its website. It provides hotels, serviced apartments and hostels.
The Notebook: No crystal ball? How insurers are predicting risk in an increasingly unpredictable world March 13, 2024 Mike Steel, general manager at Moody’s RMS, takes the Notebook pen to talk insurance, catastrophe bonds and predicting the future.
Shoe Zone blames higher costs and Red Sea disruption for ‘slower than expected’ sales March 12, 2024 Shoe Zone has blamed higher costs, the disruption in the Red Sea and "slower than expected" sales at the end of 2023 for its reduced performance in recent months.
Regional REIT weighs options as £50m bond deadline approaches March 12, 2024 The real estate investment trust has £50m in retail bonds set to mature in August, but fears that it is strapped for cash to pay them off have been rampant for months.
Silicon Valley Bank one year on: Is another banking crisis around the corner? March 12, 2024 One year on from the collapse of Silicon Valley Bank - could another crisis be around the corner?
Hornby makes first acquisition since major investment by Mike Ashley’s Frasers Group March 11, 2024 Hornby has made its first acquisition since Mike Ashley's Frasers Group invested in the company last month.
Will Hunt’s tax changes push non-doms out of London? March 11, 2024 Non-doms, or non-domiciles, are people who live in the UK and pay tax on UK earnings whilst maintaining a primary home overseas.
Dial R for Regulation March 11, 2024 2023 saw more publications and developments in global policy and regulation for digital finance than any previous era in financial regulation. Jurisdictions are racing to build their frameworks to attract new capital, talent, regulated firms, and innovative business models.
China breaks deflationary chains with February surge in consumer prices March 11, 2024 China saw its first instance of inflation in February after enduring four consecutive months of deflation.