Redx Pharma has signed a deal worth $880m with a Nasdaq-listed US counterpart. Cheshire-based Redx, which is listed on AIM, has signed a definitive agreement which will see Jazz Pharmaceuticals acquire its …
Financial Planning
PZ Cussons shares nosedive after company slashes dividend following Naira devaluation
British health and beauty manufacturer PZ Cussons has cut its dividend following a 70 per cent decline in the value of the Nigerian Naira, which it said has had a …
FTSE 100 live: London’s housebuilders in focus after Barratt-Redrow £2.5bn tie-up
London’s FTSE indexes were largely flat on Wednesday but investors were paying close attention to the capital’s housebuilders after a surprise mega-merger was announced this morning. The FTSE 100 index …
Crazy golf group Big Fang Collective to expand after £5.5m boost
A crazy golf group is aiming to expand into three “major cities” this year after securing a £5.5m boost. Liverpool-based Big Fang Collective has received the additional funds from ThinCats …
Lower Thames Crossing boss: HS2 debacle has driven investors and talent away from UK
Struggles at the embattled High Speed Two line are impacting the UK’s major infrastructure projects and driving some experts overseas, the man leading the delivery of Britain’s largest road tunnel …
BlackRock holds top spot for tenth time in ‘another bruising year’ for UK fund industry
BlackRock clocked in its tenth consecutive year in attracting the most new business throughout UK funds in 2023, according to the quarterly Pridham Report. The report, which tracks gross and …
The Debate: The urban fox – friend or foe?
Urban foxes prowl the streets in ever-increasing numbers – is that a good thing? Our columnists battle it out before City A.M. delivers the verdict. Urban fox: friend or foe? …
House prices rise for fourth month in a row as 2024 starts with a bang
House prices rose by 1.3 per cent in January, marking the fourth monthly rise in a row, according to the latest reading from Halifax. The high street lender said property …
Barratt and Redrow announce £2.5bn megamerger
Two of Britain’s leading homebuilders, Barratt and Redrow, have announced a merger agreement worth £2.5bn. The mega-merger, which will see Barratt own 67 per cent of the combined group, will …
‘Huge potential’ for City says UK science minister amid soaring UK quantum investment
Investment into quantum computing has “huge potential” for London, according to the science minister, after UK venture capital (VC) deal activity in the emerging technology hit a record high last …