Bill Ackman’s plans for the largest ever trust IPO in US history, a $25bn float of closed-end fund Pershing Square US, are no more. The billionaire hedge fund manager admitted …
Estate Planning
Bank of England: UK growth forecasts get upgraded – but momentum still weak
The Bank of England has bumped up its growth forecasts for the UK economy this year but warned that underlying momentum still remains weak. Gross domestic product (GDP) is expected …
Employees take six sick days a year to care for loved ones
More than half (51 per cent) of the UK workforce say their career has been impacted by taking on responsibility for different generations of their family’s health and wellbeing, including …
Center Parcs: Holiday giant’s profit hit as consumers tighten the purse strings
Holiday park operator Center Parcs has seen a sharp fall in its pre-tax profit as “lower levels of disposable income” eroded consumer spending, according to newly-filed documents. Revenue at Center …
Hedge fund owner GB News shareholder Sir Paul Marshall poised to snap up The Spectator
The hedge fund magnate and GB News shareholder Sir Paul Marshall is is close to securing a deal to buy The Spectator, one of Britain’s top political magazines. According to …
Fresh hope for Bethnal Green Working Men’s Club as talks with union progress
There is fresh hope that The Bethnal Green Working Men’s Club may remain open as a performing arts venue. Owners had said they were selling the building, effectively ending the …
7 amazing things to do in London this weekend, from Olympic fanzones to Fortnum & Mason summer ice cream
Things to do in London this weekend, whether you’re glued to the Games or looking for a beach… in a car park in Walthamstow It’s the first weekend of August, …
Saudi Arabia: The proposed stadiums of the 2034 Fifa World Cup
Saudi Arabia is probably going to be hosting the 2034 Fifa World Cup. They are the only bidder at the moment and the process has closed, so it’s odds on. …
Melrose shares plunge amid supply chain challenges
Melrose shares plunged nearly seven per cent this morning as the aerospace group flagged it grappling with “industry-wide supply chain challenges” in its half-year results. The London-listed firm, which owns …
Five cocktails to celebrate the Olympics and their host city Paris
With temperatures set to soar to the late-twenties over the next few days and the Olympics on television, these simple yet sophisticated home cocktails are the ideal accompaniment for your …