Sir Richard Branson’s Virgin Group has been back in the headlines in recent days after reports that it is to cut jobs at its head office. The group is said …
Retirement Planning
Why is Ofwat making Welsh Water pay out £40m in charges?
Ofwat has blasted Wales’ water provider for “indefensible” mistakes and enforced a £40m payout on the firm. The regulator began investigations into Welsh Water in May last year after an …
Post-work drinks get more exciting as Europe’s largest karaoke bar opens in London
Amateur vocalists across London are in for a treat as Europe’s largest karaoke bar is set to open its first venue in the capital this spring, City A.M. can reveal. …
London is no capital of culture without Vault Festival
Vault Festival has announced its venue has fallen through and the event is no more, says Adam Bloodworth Vault Festival launched the careers of thousands of actors and writers via …
Who will win the Abrdn property trust bidding war?
The bidding war over the Abrdn Property Income Trust has reached new heights as Custodian Property Income REIT and Urban Logistics REIT fight over which trust should get their hands …
Government proposes ‘debanking’ law after Farage Natwest row and surge in complaints
The UK government has proposed a law that would force banks to give customers more advanced notice and an explanation before closing their accounts, following a surge in complaints over …
Great Britain venue picked for Davis Cup group stage
Manchester will host the Davis Cup again this year after 37,000 fans attended last year. The final day of last year’s tennis event set an all-time single-day GB Davis Cup …
Hapag Lloyd profit falls 83 per cent as Red Sea turmoil makes global shipping downturn worse
Hapag-Lloyd profit fell 83 per cent last year amid a global shipping crisis caused by disruption in the Red Sea and a major downturn in the industry. The container shipping …
Wycombe owner is ‘accomplice’ to rivals Reading’s death, say supporters
A Reading fans’ group says the owner of rivals Wycombe Wanderers is “an accomplice” to the “killing” of their club. Wycombe are reported to have agreed a deal to buy …
GCP Asset Backed Income proposes shuttering trust
The board of the £289m GCP Asset Backed Income fund has proposed shuttering the trust after the failed merger between it and the GCP Infrastructure trust. The debt-focused trust’s merger …