Australian property giant REA Group, backed by Rupert Murdoch’s News Corp, is considering a £4.4bn takeover bid for UK competitor Rightmove. In a statement to the Asutralian stock exchange, property …
Personal Finance
NHS supplier Kainos lowers full year revenue forecast after ‘tough’ trading
London-listed software provider Kainos has downgraded its revenue forecast for 2025 after a subdued start to the year and more aggressive pricing among its partners. Management said it expected adjusted pre-tax …
Londonmetric makes £120m worth of acquisitions and sales in dealmaking spree
Londonmetric has completed £70m worth of acquisitions and offloaded £50m of assets in the real estate investment trust’s (REIT) latest dealmaking spree. The news comes after Londonmetric’s takeover of LXi …
Axe-throwing bar chain toasts growth as Brits look for competitive night out
Novelty bar operator XP Factory topped market expectations today after a boost in Brits looking for competitive nights out with activities like axe throwing and mini golf. Group revenue more …
Oakley Capital: Private equity firm sells digital learning platform to Lloyd’s Register
Private equity firm Oakley Capital has sold the digital learning platform Ocean Technologies Group (OTG) to the maritime classification society Lloyd’s Register for an undisclosed sum. London-listed Oakley said on Monday …
Artemis Alpha trust agrees to takeover by Phoenix competitor
The Phoenix-run Aurora Investment Trust has proposed a takeover of the Artemis Alpha Trust, which would see the two trusts merge to combine £353m of assets. The £123.7m Artemis trust …
Culture secretary Nandy slams ‘vastly inflated’ Oasis ticket prices
The UK’s culture secretary has slammed the “vastly inflated” selling of Oasis tickets as “depressing”, as she announced that dynamic pricing will be included in an upcoming government review of …
Sometimes, the right CEO is worth a private jet
Starbucks CEO Brian Niccol has attracted controversy for commuting by private jet, but in an increasingly complicated global business environment it can take sky-high perks to attract the right talent, …
The City’s first Pepys Day commemorates a great Londoner and a resilient capital
Samuel Pepys fundamentally shaped how we think about the City, let’s celebrate him this Pepys day, writes Lord Mayor Michael Mainelli Jane called us up about three in the morning, …
FCA under pressure to close cases into senior management amid name and shame row
The City watchdog is under pressure to punish more bosses for flouting its rules after new figures revealed it had closed only half the investigations opened over the past seven …