Former NBA owner invests in $100m women’s football multi-club group
The move will see World Cup and Olympic gold winning former US women’s international Lauren Holiday join the board of Mercury/13.
Shops being ‘thwacked by colossal’ employment costs
Business rates rises totalling £7.6m are being faced by shops in Scotland when the new tax year starts, according to new figures. A total of 4,520 shops liable for the intermediate and higher propert
US hedge fund launches activist offensive against UK investment trusts
US hedge fund manager Saba Capital has launched a campaign to oust the boards of seven top UK investment trusts today after amassing stakes in the firms over the past year. In an open letter to the co
B&Q owner Kingfisher sells underperforming Romanian arm
Kingfisher has agreed to sell its Brico Dépôt Romania business for £58m to Altex Romania. The sale, which is expected to be completed in the first half of the next financial year, comprises the en
Heathrow to invest £2.3bn as Ardian and Saudis take stake
Heathrow's investment is an uplift from prior forecasts of around £244m and will be used for upgrades across all its terminals.
Why Canary Wharf has just topped the list of UK retail destinations
The phrase ‘London retail’ tends to conjure up images of crowds on Oxford Street, boutiques in Marylebone or Chelsea, maybe a Westfield. Green Street, however, has just rated Canary Wharf as the n
Inflation spike ‘raises questions’ over health of UK economy
The spike in inflation to 2.6 per cent today has raised questions about the health of the UK economy, according to analysts. The news comes ahead of the Bank of England’s meeting to decide the path
National Grid plans to double energy transmission with huge investment
National Grid said its business plan would be the "most significant step forward in the UK's transmission network for a generation."
Shoe Zone: Firm slams Budget tax hikes as it’s forced to close ‘unviable’ stores
Shoe Zone has said it has been forced to close “a number” of stores following higher costs announced in the Autumn budget. The affordable footwear company said a combination of lower consumer con
UK inflation spikes ahead of Bank of England rates decision
UK inflation spiked to 2.6 per cent ahead of the Bank of England’s meeting to decide interest rates later this week. Year-on-year inflation matched expectations of 2.6 per cent in November, up from