Another UK firm has become the target at the centre of a bidding war between two larger US peers. Earlier this month, the telecoms testing service provider Spirent Communications agreed …
March 2024
“It’s the Champion’s League of food”: Why one Parisian is all-in on London
LONDON’S hospitality scene is set for another vote of confidence with the opening of a second site by iconic Parisian restaurant group Moma, this time at the Langham Hotel. Mimosa, …
UK recession confirmed as revised figures deal fresh blow to Rishi Sunak
Latest official figures have confirmed that the UK fell into recession at the end of last year in a blow to prime minister Rishi Sunak’s economic policy. Data from the …
JD Sports: Sales grow as it holds guidance on hopes of a rebound
Athleisure giant JD Sports said it was trading in line with its lowered expectations, as the firm pinned its hopes on an improved consumer outlook for the year ahead. The …
Thames Water: Future uncertain as shareholders pull £500m injection
Shareholders in Thames Water will not give the embattled water firm millions of pounds of critical funding – raising serious doubts about the firm’s viability. In a statement on the …
Profit at Lloyd’s of London surges thanks to higher interest rates and premiums
Lloyd’s of London said profit jump in 2023 as the market escaped large insurance losses and benefited from higher returns on its investment portfolio. The market reported an underwriting profit …
AO World poised to reach top range of guidance as revenue grows
Electrical retailer AO World expects profit for the year to be at the top range of its previously guided forecast. The business, which calls Frasers Group its largest shareholder, told …
JD Wetherspoon: Tim Martin puts notice up in 800 pubs over ‘false claims’ in press
Tim Martin’s JD Wetherspoon has affixed notices in his 800 pubs, highlighting “false claims” in newspapers and subsequent corrections about the chain. The cheap and cheerful chain, known affectionately as …
The Notebook: Michael Hayman on getting Britain’s trade mojo back
Every day we invite London’s movers and shakers to hold the notebook pen. Michael Hayman MBE chairs the Global Britain working group for the British Chambers of Commerce and is …
They’re the real Ted Lasso – but there’s more to Hampton and Richmond Borough’s story
They share a locale with the fictional AFC Richmond from hit TV series Ted Lasso, but the most interesting thing about Hampton and Richmond Borough FC is their heavyweight backing …