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News

  • April 17, 2024

‘Czech Sphinx’ West Ham director makes bid for Royal Mail owner IDS

EP Corporate Group submitted a proposal to IDS's board last week, seeking to purchase all outstanding shares.

  • April 17, 2024

Workspace Group reports ‘resilient’ customer demand in the fourth quarter

Flexible office space provider Workspace Group reported resilient customer demand in the fourth quarter ending March 31st, completing 343 new lettings.

  • April 17, 2024

Metro Bank cancels bonuses for all executives after turbulent year and rescue

Metro Bank has cancelled the bonuses of all its executive directors following a turbulent 2023.

  • April 17, 2024

‘First of its kind’: Prominent lawyers write to Prime Minister for urgent support on Genocide Determination Bill

The Bill was introduced on 4 December to the House of Lords, and is a first of its kind in the world.

  • April 17, 2024

Traders bet on Thames Water crisis contagion as firm races to agree survival plan

Traders at major hedge funds are betting against the assets of British water companies amid fears over their levels of debt highlighted by the crisis engulfing Thames Water.

  • April 17, 2024

House prices fall as rents skyrocket by 9.2 per cent and outstrip wages

UK house prices fell by the least in eight months when the figure edged down by 0.2 per cent on an annual basis in February, against a 1.3 per cent decline in the previous month, the latest reading fr

  • April 17, 2024

Post Office chief Nick Read ‘exonerated of all misconduct’ claims in external report

The head of the Post Office has been “exonerated of all misconduct allegations” in an independent and unseen report released today. Nick Read was let off the hook by an external report, which form

  • April 17, 2024

Easyjet founder’s charity hands out £300k to three budding entrepreneurs

A new UK competition, set up by the founder of Easyjet, Sir Stelios Haji-Ioannou, has just awarded a total of £300k to three young entrepreneurs on a mission to contribute to growth and job creation.

  • April 17, 2024

Brooks Macdonald outflows surge to £300m as cost-cutting pays off

Investors in Brooks Macdonald pulled £300m from the asset manager's funds last quarter, much higher than previous months.

  • April 17, 2024

Timing of Bank of England interest rate cuts thrown into doubt after hot inflation data

This week market caution looks justified following two upside surprises on two crucial pieces of economic data.

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