Legal and General is drawing up plans to sell Cala Group, one of the UK’s biggest house building groups, which the company has owned for the past six years. The …
Estate Planning
From mountains to canyons: USA the smart way, on the Rocky Mountaineer train
This new luxury US Rocky Mountaineer train connects the city of Colorado with its beautiful, abundant nature, says Megan Eaves “Look, bald eagle! Flying right above the Fraser River!” The …
Naked Wines: Shares slump as refinancing rumours give investors jitters
Shares in Naked Wines slumped six per cent today as reports about a refinancing deal with debt advisers appeared to give investors jitters. The troubled business has already seen its …
Monzo reportedly in talks to sell stake to Singaporean state fund
Digital challenger bank Monzo is reportedly close to landing a roughly $50m (£39.3m) funding round with a Singaporean sovereign wealth fund, just weeks after securing a near-£4bn valuation. Monzo is …
Hipgnosis admits to overcharging customers after inflating its value
Embattled investment trust Hipgnosis Songs Fund has reduced its estimated operative net asset value (NAV) by 7.6 per cent after admitting it had mistakenly double counted accrued revenue. The error …
Bidding war: Urban Logistics pleads for Abrdn Property to accept bid
Urban Logistics REIT has called for Abrdn Property Income Trust to consider adopting its takeover proposal, despite being turned down by the trust’s board last week. In a stock exchange …
Ofcom could sanction GB News over five shows hosted by Tory MPs which breached rules
Ofcom has put GB News on notice following a number of investigations that found five of the broadcaster’s programmes, hosted by Tory MPs, in violation of its broadcasting code last …
Brew by Numbers, Black Sheep and Brick Brewery, spike in brewery collapses shakes sector
The number of UK breweries going into insolvency over the last year has jumped 82 per cent from the previous year, as smaller craft breweries were hit the hardest. According …
Aston Martin shares back in the fast lane as analysts say ‘M&A fantasy may return’
Aston Martin shares raced ahead this morning as analysts backed steps to resolve ongoing debt issues following the announcement of a £1.15bn refinancing last week. Shares topped London’s FTSE 250 …
Britain to trial ‘flying taxis’ by 2026 with possible £45bn boost to UK economy
The first electric flying taxis in Britain will be trialled in 2026 and could come into wider use by the end of the decade, the government has said. The Future …