Hong Kong’s CKI Infrastructure has submitted a £7bn bid for a majority stake in the embattled utility Thames Water. The Financial Times reported CKI, which is part of the wider CK Hutchison group,
Andy Haldane is stepping down from his role as chief executive of the Royal Society for the Encouragement of Arts (RSA) to take a career break. The former chief economist at the Bank of England will s
The National Infrastructure Commission (NIC) has called for further bill hikes and a shake-up of the way the UK’s electricity network is regulated to meet rapidly increasing demand for power. Curren
Brits returned to the shops in January as discount spending fueled the first monthly rise in retail sales volumes since last August. Retail sales volumes rose 1.7 per cent in January, following a fall
The company in charge of St Pancras International is luring in competition for Eurostar by nearly tripling passenger capacity and launching a range of new European routes. A tie-up between London St P
Standard Chartered announced an overhaul on executive pay in its annual results Friday morning, as the multinational bank missed analysts’ profit estimates. Pre-tax profit fell 30 per cent to $800m
Standard Chartered was the last of the FTSE 100’s biggest banks to release its annual results, as analysts praised the strong performance across all of the Big Five. Barclays, HSBC, Natwest, Lloyds
Andy Burnham has been slammed by the chief executive of UKHospitality after backing plans for a new tourist tax to be introduced in Manchester. The mayor of Greater Manchester said earlier this week t
City AM’s opinion and features editor, Alys Denby, discusses the ongoing negative impact of Rachel Reeves’ jobs tax and whether rumours of the death of DEI have been exaggerated – plus more.
A former Janus Henderson analyst used working from home to make nearly £1m from insider trading, a court has heard. Redinel Korfuzi was on trial yesterday with his sister Oerta Korfuzi and two other