London-based staff at GSK will have enjoyed a considerably shorter commute on Tuesday morning after the pharma giant opened the doors to its new West End office. In a big …
Estate Planning
Investment banking boost for Bank of America and Morgan Stanley
Morgan Stanley became the latest Wall Street bank to report a benefit from an “improving” outlook for investment banking. In the three months to June, the bank’s profit jumped 40 …
Russian oil: UK and European states set to launch plan to target ‘shadow fleets’
Prime Minister Keir Starmer is set to launch a “call to action” for the private sector—including insurers—regarding the use of shadow fleets carrying Russian oil. The government, along with other …
Centrica: Supreme Court dismisses British Gas owner’s tax dispute with HMRC
Centrica, the FTSE 100 owner of British Gas, has lost an appeal against HMRC. The Supreme Court has dismissed an appeal by Centrica’s investment arm over the treatment of professional …
Latest IMF forecasts puts UK in the middle of the pack as inflation concerns grow
Economic growth in the UK will be little to write home about in 2024, according to new forecasts from the International Monetary Fund (IMF), but policymakers should be wary of …
Green light from London council for £330m plan to build 1,250 homes
Aitch Group has been given the green light for a £330m investment in Belvedere park by a London council, to build 1,250 homes in Bexley. The east-London based property group …
Team GB athletics star out to ease selcction guilt with medal at Paris 2024 Olympics
Team GB middle distance star Jake Wightman is looking to put injury woes behind him as he seeks to make the most of his Olympic lifeline at Paris 2024. The …
Gordon Ramsay to invest £77m in cookware brand with Rupert Murdoch’s Fox Corp
Celebrity chef Gordon Ramsay has teamed up with Rupert Murdoch’s Fox Corp to invest $100m (£77m) in HexClad, a maker of nonstick cookware. The deal will see Studio Ramsay Global, …
Royal Mail: Czech Sphinx’s six-day service pledge a litmus test for Labour
The billionaire behind the Royal Mail bid, Daniel Kretinsky, has vowed to keep the national postal service operating six days a week, a move that is difficult for Labour to …
Ocado’s yo-yoing stock swings up again: Will critics ‘put away knives they’ve been sharpening’?
A strong set of results this morning sent Ocado’s stock up 18 per cent, a day after a downgrade from leading broker Bernstein sent it down 10 per cent yesterday. …