A fresh crisis has engulfed Thames Water this morning after shareholders refused to stump up millions of pounds of emergency funding. A £500m investment, the first installment of a turnaround …
Boots: High street favourite boasts another quarter of growth
High street retailer Boots has reported another quarter of growth, helped by the demand of online and app sales. This morning, the makeup to pharmacy chain said sales on its …
Things to do in London this Easter weekend, from egg hunts to the boat race
The top six things to do in London this Easter weekend. 1: WATCH THE BOAT RACE Buy yourself a six pack or a job lot of gins in tins and head to …
UK property market shows steady signs of improvement as sales rise in February
Green shoots continue to emerge in the property market as the number of house sales grows by a steady one per cent month-on-month. According to the latest reading from HMRC, …
Lunaz: Majority of jobs lost at David Beckham-backed electric vehicle company
The majority of jobs have been lost at Lunaz, the electric vehicle company backed by David Beckham, after it entered administration. Administrators at FRP were recently appointed to the Silverstone-based …
Pair handed prison sentences for ‘systematic’ £3m mortgage fraud
Two individuals have received prison sentences for making £3m worth of fraudulent mortgage applications following a prosecution brought by the Financial Conduct Authority (FCA). Larry Barreto and Tassib Hussain were …
William Hill owner 888 announces departure from US with partial sale to Hard Rock Digital
After a strategic review of its business in America, William Hill owner 888 has announced it is pulling out of the US consumer gambling market. The firm, which also owns …
Bank of England rate-setter Haskel: Interest rate cuts are still ‘a long way off’
Interest rate cuts are still “a long way off” as policymakers look for further progress on underlying inflation, according to one of the Bank of England’s rate-setters. Jonathan Haskel, an …
Meet the ex-Canary Wharf boss now building a tourist paradise in Saudi Arabia
John Pagano is overseeing one of the most dramatic property developments in the world. The industry veteran tells us why he’s so excited. Sitting not far from Canary Wharf, where he served …
Arbuthnot sees surge in profit after SME deposit growth and ‘helpful’ interest rate hikes
Arbuthnot Banking Group has reported a surge in annual profit on the back of growth in its small business offering and higher interest rates. The London-listed historic private and commercial …