European champions Real Madrid will boycott the first expanded edition of Fifa’s Club World Cup next summer, says their coach Carlo Ancelotti. The competition is due to expand to 32 …
June 2024
Average mortgage ‘shelf-life’ cut in half as lenders raise rates
The average “shelf-life” of a UK mortgage has nearly halved in a month, new data shows, as lenders raise rates on home loans. According to financial information website Moneyfacts, at …
Aston Martin workers to get four per cent pay rise
Aston Martin has announced plans to raise pay for over 2,500 of its UK employees and contractors by four per cent over the next two years, following “constructive” talks with …
Asda takeover: Meet the British supermarket giant’s new private equity owner
Private equity is to take control of another of Britain’s supermarket chains after one half of the billionaire Issa brothers agreed to sell his shares in Asda to TDR Capital. …
City row erupts against proxy advisers over executive pay
A row has erupted in the City over how the use of proxy voting advisers by shareholders is influencing executive pay in the UK. Richard Moriarty, chief of the UK’s …
HMRC tax rule changes put professional service firms into limbo
The UK tax agency is looking into firms for potential backdates on tax, after HMRC rule changes to limited liability partnerships (LLP) businesses came into effect. Private equity houses and professional …
JP Morgan: Labour election win would be ‘positive’ for markets
Wall Street giant JP Morgan is forecasting a “net positive” impact on markets if Labour wins the UK general election on 4 July. JP Morgan analysts said in an Equity …
Greggs to open new logistics site as it rolls to 3,500 store target
Greggs has invested in a new logistics site in Derby, to help support its expansion of 3,500 stores across the UK. The steak bake champion said on Monday it has …
Barclays in Moorgate vandalised as three arrested in apparent Palestine protest
Three men have been arrested after the daubing of red paint on a Barclays branch in Moorgate, following several previous incidents linked to pro-Palestine activists. The men, aged between 34 …
Kaymer finds form at last in LIV Golf as return to Pinehurst for US Open beckons
It has been a long 10 years for Martin Kaymer since he won the US Open at Pinehurst, but as he prepares to try to do it again he can …