London’s FTSE 100 held steady on Monday morning, with housebuilders weighing on the index after the competition watchdog found “fundamental concerns” with the market Both of London’s main markets were …
Personal Finance
Hipgnosis ramps up legal action against founder as strains deepen
Hipgnosis Songs Fund has ramped up legal action against its founder Merck Mercuriadis today in a bid to secure protection from a lawsuit which alleges he stole the idea for …
Hammerson: Commercial real estate firm completes half-a-billion pound of disposals
Real estate operator Hammerson has announced the sale of a shopping centre in Scotland, completing £500m of its disposal programme. The company told markets this morning it had exchanged contracts …
Wincanton shareholders set to receive bigger payout after firm draws higher offer from buyer Ceva
Trucking firm Wincanton has today announced it has squeezed a higher price out of the French giant Ceva Logistics, which made an offer for its UK-based peer back in January. …
Bunzl hikes dividend and snaps up two more firms for £339m
Acquisitive outsourcer Bunzl has hiked its dividend and brought two more firms into the fold, bringing its total acquisition spend to £5bn in the last two decades. In its full …
Sir Jon Thompson: Ex-FRC and HS2 boss among ‘new high-calibre directors’ at Frasers
The former CEO of the Financial Reporting Council Sir Jon Thompson has been brought onto the board of Mike Ashley’s Frasers Group, as it brings in “new high-calibre directors”. Frasers …
Regulator finds ‘fundamental concerns’ in housebuilding market after year-long investigation
The Competition and Markets Authority (CMA) has published its final report on the housebuilding market in Great Britain today, and it makes for daming reading for the sector. The investigation …
Maidstone chiefs focus on buzz not cash as they look to extend FA Cup run
Maidstone United co-owner Oliver Ash appears to be unsure whether the non-league club’s FA Cup windfall is a financial “game-changer”, but tonight’s fifth-round clash with Coventry City could make it …
‘Do not travel’ warning on all Thameslink routes after signalling fault
Commuters are bracing for chaos this morning after a signalling fault halted Thameslink services across Kent, Sussex and Surrey. In a post on X, formerly Twitter, the company said: “Due …
Letter to the editor: Seeing red at Labour’s green U-turns
Re: Labour confirms £28bn green investment pledge has been scrapped Labour’s recent U-turn on green investment is disappointing but not unexpected. With the general election less than a year away, …