Observer newspaper sale to Tortoise Media approved
A deal to sell the Observer newspaper to Tortoise Media has been approved, it has been announced. The boards of the Scott Trust and Guardian Media Group have given their blessing to the sale – only
Ian King quits Business Live and will leave Sky News in Spring
Presenter Ian King has quit Business Live and will leave Sky News early next year, it has been announced. King has been with the news channel for ten years and has “agreed to contribute analysis and
City of London approves Barbican Centre regeneration ahead of 50th anniversary
A £191m funding package has been approved to repair and upgrade the Barbican, the City of London’s flagship cultural and performing arts centre. The City of London Corporation approved the package
Planning reforms have had ‘profound and hugely positive impact’, Berkeley says
FTSE 100 house builder Berkeley said it was on track to meet its profit targets in 2025 as it announced a new investment strategy to help capitalise on the government’s planning reforms. The governm
UK house prices reach record levels with demand set to continue
House prices have now reached record levels as lower mortgage rates have helped improve buyer confidence for the fifth month in a row. According to the Halifax House Price Index, UK house prices rose
Aviva set for £3.6bn Direct Line takeover
Direct Line is set to agree to a £3.6bn takeover by its bigger rival Aviva, after the FTSE 100 firm returned with a sweetened bid for the company today. In a joint statement to the market this mornin
Watches of Switzerland: Why shares in Rolex seller are on the road to recovery
Shares in Rolex seller Watches of Switzerland have surged to their highest value since January after the retailer revealed positive half-year results. The Leicester-headquartered group reported a reve
New HSBC boss continues leadership reshuffle with more executives to depart
HSBC has announced the departure of several senior executives in the latest leadership reshuffle overseen by its new chief executive. Georges Elhedery, who succeeded Noel Quinn in September, said the
Complex building requirements ‘holding back the City’ as development pipeline stalls
"A large commercial scheme can take up to 10 years from a decision to obtain vacant possession through to occupation," the CPA said.
Harry Maguire among investors in AI lawyer’s $40m push into US market
Footballers Harry Maguire and Reece James among those that co-led UK legal tech startup Lawhive raising $40m in series A funding for its push into the US