Embattled investment trust Digital 9 Infrastructure has overcome a potential hurdle to wind down by gaining regulatory approval to sell the ‘crown jewel’ of its portfolio. The trust is currently …
Estate Planning
Clapham Common shooting: Man charged over firearms offence
A teenager has been charged with a firearms offence after three were injured in an alleged shooting incident near Clapham Common in South London.. The Metropolitan Police said it arrested …
Capita shares sink as outsourcing giant swings to £107m loss, takes £25m hit from cyber attack
Capita has incurred £25.3m in costs tied to a cyber attack last March as the outsourcing giant swung to an annual loss and ramped up its cost-cutting programme. Shares fell …
London Southend Airport to be taken over by US private equity giant Carlyle
London Southend Airport (LSA) is to be taken over by US private equity giant Carlyle after a deal was agreed to settle a debt with its current owner. The investor …
Robust order backlog helps Galliford Try to bumper year
Construction group Galliford Try said pre-tax profits increased in the half year due to increased demand for its infrastructure and building experience. This morning the construction firm told investors the …
One Thames Water overflow in leafy Surrey has been leaking sewage for six days straight
A storm overflow in Surrey operated by Thames Water has been discharging sewage continuously for 145 hours – more than six days straight. According to the embattled water provider’s own …
Cracks showing at Ibstock as profits collapse despite efforts to slash costs
Ibstock has seen a 71 profit crash as UK sales sank and inflation whipped up materials prices. The London-listed building solutions provider and products manufacturer today said that profit before …
Gambling giant 888 admits defeat in war for US gamblers
888, the gambling giant which owns William Hill and a host of other major brands, looks set to exit the US market despite the country’s sports-betting boom – giving up …
Premier Foods: £33m windfall after suspending pension deficit payments early
Premier Foods will swoop in for a £33m windfall after reaching a deal with the trustee of its pensions scheme to suspend deficit contribution payments next month. The retail giant …
Legal and General pledges ‘fresh perspective’ as profits slip below expectations
London insurance giant Legal and General said it would take a “fresh perspective” today after the firm missed market expectations and post-tax profit slumped over the past year. In its …