Why more City workers should join the Army
If you want to boost UK defence, support your workers joining the Army's Reserve Forces, writes Lord Mayor Alastair King.
Chemring shares jump after Bain Capital makes bid
Bain Capital, one of the world’s largest private equity firms, has reportedly launched a takeover bid for defence group Chemring. Sky News’ Mark Kleinman first reported that Bain has made at least
Higher taxes will force two-thirds of hospitality business to cut jobs
The hospitality sector will be drastically affected by higher taxes on employees’ wages, a new survey has found. A majority of businesses will reduce employment, while over one in ten have to close
Former Hipgnosis duo set to float trust on London Stock Exchange
Achilles Investment Company is set to start trading on the London Stock Exchange tomorrow after raising £54m to make an activist push against struggling investment trusts. The trust, run by City vete
Retail job vacancies have almost halved in a year
The number of advertised jobs in retail has almost halved in the last year as companies continue to buckle down on costs. Job vacancies have fallen 42.25 per cent in the last year, the most significan
Billionaire ex-Tory treasurer ups Chapel Down stake after shares collapse
The billionaire founder of city brokerage ICAP, Lord Michael Spencer, has upped his stake in English wine maker Chapel Down. The former treasurer of the Conservative party serves as a non-executive di
Monument Bank looks to the US for possible IPO
Monument Bank, one of the UK’s fastest-growing challenger banks, has reportedly told investors it wants to go public in the US before 2027 – marking another blow for the London market. The bank is
National Grid to sell US renewables business to Brookfield
National Grid has agreed to sell its US renewables business to Canada’s Brookfield Asset Management in a deal worth £1.4bn. The UK’s energy operator said the transaction would be an “important
Ben Whitmore: Jupiter’s former star stockpicker launches inaugural fund
Star fund manager Ben Whitmore has launched his inaugural fund within his new boutique asset manager. Last year, Whitmore made a shock exit from Jupiter Asset Management, where he handled around a fif
Turnbull & Asser: The King’s tailor who hasn’t made a profit since 2015
High-end fashion retailer Turnbull & Asser, whose customers including Kind Charles III, has now been in the red for almost a decade, it has been revealed. The London-headquartered retailer, which has