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News

  • June 6, 2024

Business secretary Kemi Badenoch to discuss Royal Mail bid with Czech Sphinx

The owner of Royal Mail, last week agreed a £3.6bn takeover by Kretinsky’s EP Group, valuing the business at just above £5.2bn.

  • June 6, 2024

Reeves being lobbied to hike capital gains tax by Labour party

Rachel Reeves is facing pressure from members of her own shadow cabinet to raise capital gains tax in her first autumn budget should Labour be elected on July 4.

  • June 6, 2024

Transport for London hits £138m operating surplus but investment in upgrades falls

London's transport operator has faced a cash crunch ever since the pandemic decimated passenger and commuter numbers on the tube.

  • June 6, 2024

Natwest boss open to acquisitions as he predicts more consolidation in UK banking

The chief executive of Natwest has said the state-backed lender is open to acquisitions as he predicts more consolidation in the UK banking market over the coming years.

  • June 6, 2024

Amazon hit with ‘biggest ever’ UK class action in £1bn legal case

The 'biggest ever' class action will be filed to a London Tribunal against Amazon over allegation it has illegally misused data and manipulated its Buy Box

  • June 6, 2024

London Stock Exchange boss wants market screen in Paternoster Square to create ‘razzamatazz’ – but it’s complicated

The boss of the London Stock Exchange said a screen will help create buzz around the market.

  • June 6, 2024

Profit of top US law firms in London have dropped below £1bn amid M&A slowdown

Profits at the top US law firms in London have fallen below £1bn as the downturn in the M&A market is starting to have its effects

  • June 6, 2024

Thames Water ramps up plans for Abingdon Reservoir with public consultation

Thames Water has ramped up its plans for a £1.25bn reservoir in North Oxfordshire to secure its ability to supply growing population levels in London and the South East.

  • June 6, 2024

FTSE 100 reshuffle: Ocado and St James’s Place out, and one surprising new entrant

The FTSE 100 index has lost some well-known names but gained one unexpected addition.

  • June 6, 2024

Mission Group rejects raised £32m bid from owner of Steven Bartlett-founded Social Chain

London-listed Mission Group has rebuffed a raised takeover bid by rival digital marketing agency Brave Bison that valued the firm at £32.3m.

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