London’s ritziest restaurants and hotels get booked up months, perhaps years, ahead of time: The Bafta 2024 Awards showcase London as its best, but take months of organising Cillian Murphy …
Retirement Planning
London Southend Airport moots deal to secure future amid loan spat with Carlyle
London Southend Airport owner Esken is mooting a deal to secure the embattled hub’s future and resolve ongoing funding dispute with Carlyle Group. Under the new arrangement, the aviation and …
UK’s largest nightclub operator Rekom owed over £120m as it collapsed into administration and cut 470 jobs
The UK’s largest nightclub operator owed more than £120m as it collapsed into administration and cut almost 500 jobs before a rescue deal was agreed, it has been revealed. Rekom …
More than £90m pumped into London boroughs – is your neighbourhood included?
Over £90m will be injected into various boroughs across London to revamp tube stations and improve community spaces as part of the government’s Levelling Up fund. This morning the department …
Two London Underground stations scoop £43m for major upgrades
Two London Underground stations are set to receive £43.1m in levelling up funding for major upgrades, the government has announced. Colindale tube station, on the Edgware branch of the northern …
High interest rates set to dampen lending to firms in 2024 before rebound next year
High interest rates are expected to limit banks’ lending to businesses this year before a rebound in 2025, according to a new forecast from Big Four firm EY. Economic forecasting …
Abrdn logistics trust delays dividend amid potential takeover
The £249m Abrdn European Logistics Income trust has delayed the payout of its fourth quarter dividend amid a number of proposals to buy the trust. In a stock exchange notice, …
Currys bidding war: Chinese retail giant JD joins race as shares soar 33 per cent
Shares in Currys soared over 33 per cent this morning after Chinese retail giant JD unveiled itself as the latest firm to consider buying the electrical goods chain. The board …
Gym goers switching from low-cost rivals help Total Fitness ‘significantly exceed’ pre-Covid levels
Gym goers switching from low-cost rivals has helped membership at Total Fitness “significantly exceed” record levels seen prior to the Covid-19 pandemic, according to new figures. The Cheshire-based group, which …
Santander announces plans for £4.7bn shareholder distribution following record results
Santander has announced that it will seek to pay out €5.5bn (£4.7bn) to shareholders just weeks after the bank unveiled record annual profits in 2023. In a statement this morning, …