Pension schemes will be pushed to pool their assets in “superfunds” as part of government plans to divert more of the country’s retirement cash into the economy and boost returns …
Personal Finance
Kings Speech: Labour will not U-turn on HS2 cancellation
The new Labour government will not reverse the controversial decision to scrap the northern leg of High Speed Two (HS2), it has been confirmed. As part of the Kings Speech, …
King’s Speech: Labour to phase out leasehold system
Labour will ban the sale of leasehold flats and attempt to replace the system with commonhold, King Charles said earlier today. The government will implement and extend Michael Gove’s modest …
King’s Speech: Long-awaited audit overhaul green-lit as FRC scrapped for new regulator
It is full steam ahead on the creation of the new audit watchdog as the Labour government has unshelved the Audit Reform and Corporate Governance Bill, during the King’s Speech. …
Helical slashes dividend despite London lettings and development progress
Progress in central London office developments and the successful lettings of three Aldgate East spaces has led Helical to underline its confidence in the capital despite slashing its dividend. In …
British tycoon close to striking rescue deal to save The Body Shop
A consortium led by British business tycoon Mike Jatania has agreed to buy The Body Shop out of insolvency. The buyout of the stricken high street cosmetics retailer is expected to complete …
Adidas: Spain’s Euro 2024 sponsor raises guidance again as profit booms 45 per cent
Adidas has raised its full-year guidance for the second time this year, just days after the Spain team, which it sponsors, won the Euros. Operating profits almost doubled in the …
Fifa and Chelsea probe ‘racist song’ video as Argentina star apologises
Fifa and Chelsea are investigating after midfielder Enzo Fernandez apologised for publishing a video on social media of him and Argentina teammates singing a “racially offensive” song. Fernandez’s Chelsea teammate …
Nick Train’s Lindsell Train Global Equity fund downgraded after years of poor performance
A £4.2bn fund run by star manager Nick Train has been downgraded by data analytics company Morningstar. The ‘process’ rating of the Lindsell Train Global Equity Fund, which is one …
The Goring dining room reopens with intriguing kitchen table concept – review
The Michelin starred dining room at The Goring is getting guests closer than ever to the kitchen – but it’s not a shiny customer-facing one, it’s the real one in …