The first investment trust public listing in over a year has unveiled its initial public offering prospectus and is aiming to raise £500m. Special Opportunities REIT (real estate investment trust) …
Retirement Planning
Will it work? National service
It’s an election year. Politicians are giving us a barrage of policies. But we often forget to ask the most important question: will they actually work? In this column Sam …
Evening Standard to drop daily print schedule as losses bite
London’s Evening Standard has reportedly told staff it will now only go to print once a week, down from the five-days-a-week format the newspaper currently operates. In a memo to …
Funding Circle: Fintech to cut jobs in cost-cutting drive as finance chief steps down
Small business lender Funding Circle plans to cut around 120 jobs as part of efforts to reduce costs and boost its flagging share price. It also announced the departure of …
Co-founder discovers ‘real beauty’ after shunning the ‘loneliness and isolation’ of going solo
There’s “real beauty” in being a co-founder compared to the potential “loneliness and isolation” of going it alone, according to one half of the duo behind a multi-million pound coffee …
National Express owner Mobico set for FTSE 250 relegation after audit issues
Mobico Group, the owner of National Express, could fall off London’s FTSE 250 index after a torrid share price performance over the last 12 months. Mobico shares fell over six …
Boots: Profit surges at British icon as owner mulls £7bn London float
Historic pharmacy chain Boots has reported a surge in its pre-tax profit for its latest financial year amid reports its owner is considering a £7bn float in London. The Nottingham-headquartered …
NHS junior doctors announce new five-day strike in long-running dispute over pay
NHS junior doctors in England will strike over five days from 27 June until 2 July in a long-running dispute over pay, the British Medical Association has announced. Talks had …
Thames Water and Ofwat tight-lipped on plans to cut fines and avoid nationalisation
Thames Water and the regulator Ofwat have refused to be drawn on speculation fines will be cut in a bid to reduce the debt burdens facing the company and ultimately …
Election 2024: Sunak wants to ‘scrap rip off degrees in favour of 100K apprenticeships’
Rishi Sunak has pledged to scrap what he called “rip-off degrees” in favour of creating 100,000 more apprenticeships per year, in his latest general election policy announcement. The Prime Minister …