The developer and manager of Canary Wharf in East London has reported a 14.7 per cent annual fall in the value of its property holdings to £6.8bn. Profit before tax …
Estate Planning
Rolex sibling Tudor gets the Barbie makeover with pink Black Bay
The Black Bay Chrono ‘Pink’ might not be for everyone, and that’s OK because few of them will ever be made,” goes Tudor’s press release, which could well be suffixed …
Profits surge at Michael McIntyre and Jonathan Ross talent agency after international tour success
The talent agency that represents stars such as Michael McIntyre and Jonathan Ross has seen a surge in its turnover and profits after the success of an international tour. Off …
WH Smith fails to impress as shares slump despite boom in travel arm
Shares in WH Smith were down by almost seven per cent in early trade, despite the business telling markets it has high hopes for a strong summer of trade as …
Warehouse REIT boosts quarterly income 30 per cent with rent hikes
Warehouse REIT, the real estate investment trust, boosted its rental income for the quarter by over 30 per cent after renegotiating its warehouse rents. In a trading update covering the …
Drugmaker Indivior seeks shareholder approval to move primary listing from London to New York
Opioid dependence treatment maker Indivior has confirmed a plan to move its primary stock market listing from London to New York this summer in yet another blow to the capital’s beleaguered …
Labour would renationalise rail in bid to save British taxpayer £2.2bn a year
Rail renationalisation will save the taxpayer £2.2bn every year, Labour’s shadow transport secretary has claimed, thanks to “significant efficiencies”. Louise Haigh promised Labour’s plans to bring Britain’s railways back into …
Elite global firm McKinsey in US Justice Department hot chair over Opioid crisis
Consultancy firm McKinsey has been placed under criminal investigation in the US over its role in the country’s Opioid crisis. The elite firm is in the spotlight over its work …
Focusrite: Music software company hits flat note as revenue falls £11m
Shares in audio tech company Focusrite dropped as much as eight per cent, after it said revenue fell to £77m in the first half of the year, down from over …
Mytilineos eyes potential dual listing in London
Greek energy giant Mytilineos has said it is eyeing a potential secondary listing in London before the end of next year. The Athens-listed energy and metals firm, which operates in …