US investment fund Oaktree Capital Management has taken control of Italian champions Inter Milan after the football club’s previous owners, Chinese conglomerate Suning International Holdings, defaulted on a debt of …
May 2024
Passing Strange, Young Vic review: A soul-stirring musical pilgrimage
Passing Strange review and star rating: ★★★★★ Passing Strange has been cherished in the States ever since its conception in 2006, bagging a Tony Award and numerous high-profile runs. It’s …
This economic data is bad news for the Conservatives
Despite what Rishi Sunak and Jeremy Hunt say, this morning’s economic data provided two rounds of bad news which will throw a spanner into the Conservatives’ electoral strategy. Inflation dropped …
Vagabond Wines: How troubles at Heathrow and Gatwick airports led to collapse before the Majestic rescue
Vagabond Wines, which has the majority of its sites in London, owed more than £10m as it collapsed into administration ahead of being rescued by Majestic Wine, it has been …
Volvere pays tribute to late CEO as Shire Foods owner returns to the black
One year after losing its founder to cancer, turn-around investment firm Volvere has announced net profits of more than £2.7m, returning to the black. The AIM listed company, which owns …
Power of sanctions: Russians are abandoning their beloved London courts
There has been a dramatic drop over the past year of Russian businesses and individuals using London’s Commercial Court, after the push from the legal sector to drop Russian clients. …
House prices rise for first time since last June but sticky rents likely to remain challenge for tenants
New government data has shown house prices grew for the first time since last summer in March, while private rents cooled from the record highs recorded at the start of …
Losses widen at Pragmatic Semiconductor as chip maker ramps up investment
Losses widened at Pragmatic Semiconductor, the company set to become the UK’s largest chip manufacturer by volume, during 2023 as it ramped up its investment plans. The Cambridge-based manufacturer has posted …
Admiral Acquisition becomes latest firm to exit London Stock Exchange after £1.48bn deal
Admiral Acquisition has become the latest company to announce it will leave the London Stock Exchange for New York, after buying US engineering business Acuren for $1.85bn (£1.48bn). The special …
Ghost Ship producer Adnams reports bigger loss amid question mark over its future
Strong demand for beer helped Adnams, one of the oldest names in British brewing, report a slight uptick in sales for the 12 months to 31 December, but the company …