Blackstone and Regis Group have inked a deal to buy 1,700 homes from developer Vistry. The private equity firm and its joint venture partner Regis will shell out £580m for …
June 2024
Standard Chartered accused of helping Iran-linked terrorist funders
Standard Chartered is alleged to have facilitated billions of dollars worth of transactions for Iran-linked entities, including funders of terrorist groups, according to fresh US court filings. Documents submitted to …
Which London airport did Emirates’ airlines boss compare to a ‘post-Second World War’ hub?
The head of Emirates airlines, Sir Tim Clark, has said a London airport is “seriously lagging behind” its rivals and compared it to a run down Second World War hub. …
Chopstix: Meal deals plus Uber Eats, Deliveroo and Just Eat tie-ups boost sales as 400 jobs created
Chopstix created almost 400 jobs as it continued its expansion across the UK, it has been revealed. The London-headquartered asian food eatery also saw its turnover pass the £50m mark, …
Visitors flock to iconic landmark but shun well-known attraction
The roof-top tour of Liverpool’s iconic Royal Liver Building helped boost the group behind landmark attractions across the UK despite visitors shunning a well-known site. Heritage Attractions operates Land’s End, …
Tories say they’ll impose annual visa cap to cut legal migration
The Conservatives have announced plans for a new annual cap on visas to ensure legal migration falls each year over the next parliament in their latest general election pledge. More …
Londonmetric to hike dividend by a fifth following mega-merger
Londonmetric swung from a loss to £119m profit in 2024 as the real estate investment trust (REIT) reported a 21 increase in rental income following its merger spree. In the …
Tech firm Checkit submits takeover bid for Crimson Tide after years of trying
Tech firm Checkit has submitted a formal proposal to acquire smaller AIM-listed rival Crimson Tide for around £12m after years of trying to engage in talks. The Cambridge-based firm said …
Frankie & Benny’s: Why this failing chain still holds a place in my heart
For more content from City A.M. – The Magazine like this story about Frankie & Benny’s, click here My salad days did not involve much salad. They were instead filled …
Trade Union Congress “unfairly dismissed” two employees rules Tribunal
Two former employees of union giant Trade Union Congress were unfairly dismissed, a Tribunal ruled, as both men were awarded financial compensation. Darren Lewis and Greg Lepiarz brought claims of …