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30.11.2024 - 14:00
Business
Business Live
Homes and care farm plan for grounds of historic stately home
The grounds of a landmark hall may be set for a transformative redevelopment, new plans lodged with Cheshire West and Chester Council show. The proposal envisions repurposing outbuildings at Churton Hall Farm into 10 new domestic residences around a courtyard, with dedicated office spaces crafted from an old hayloft to facilitate home working. Furthermore, the …
30.11.2024 - 08:00
Business
Business Live
Aviva and Ageas ‘could go head-to-head in Direct Line bidding war’
The City is preparing for a potential bidding war over Direct Line, following Aviva’s £3.3bn approach, marking the second time this year that the company has been thrust into the takeover spotlight. The FTSE 100 insurer is believed to have started engaging with shareholders of its smaller competitor in the last two days, sparking rumours …
30.11.2024 - 07:59
Business
Sky News
HSBC Holdings to kick off search for next chairman
HSBC Holdings, one of Britain’s biggest high street banks and Europe’s largest lender by market value, is preparing to kick off a hunt for its next chairman.Sky News has learnt that HSBC’s board has appointed headhunters to orchestrate the recruitment of a successor to Mark Tucker, who has held the post since 2017. City sources …
29.11.2024 - 17:30
Business
Evening Standard
London markets inch higher as commodity gains offset BAE share slump
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.London’s markets finished the week marginally higher despite cautious trading on Friday.The FTSE 100 was dented by a poor session for defence …
29.11.2024 - 10:00
Business
Business Live
American burger chain Five Guys launches bid to open fourth restaurant in Liverpool
American burger chain, Five Guys, is planning to open its fourth outlet in Liverpool. Planning documents submitted to the city council reveal that the popular brand is eyeing a new location at Liverpool Shopping Park, Edge Lane following the success of its existing locations at Liverpool One, Queen Square, and New Mersey Retail Park in …
29.11.2024 - 08:20
Business
Evening Standard
Investment bank Peel Hunt returns to profit as dealmaking in City recovers
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Investment bank Peel Hunt has returned to profit on the back of a stronger financial market and more dealmaking, but said investor …
29.11.2024 - 07:07
Business
Sky News
Investors do well by Jove with £3.6m insurtech investment
A British insurance company which covers contractors when they undertake work in multiple countries has raised more than £3.5m in funding to help accelerate its expansion.Sky News understands that Jove Insurance has secured the backing in a seed round led by Explorer Investment, a Portuguese-based fund. Investors including Love Ventures, Portfolio Ventures, Start Ventures, Seed …
29.11.2024 - 06:19
Business
Sky News
Bank of England issues mortgage rate warning to 4.4 million homes and sounds Trump trade alarm
Around half the UK’s mortgage holders face paying higher rates over the next three years, the Bank of England has warned, while sounding alarm over the potential impact of Donald Trump’s looming return to the White House.Its latest financial stability report – released twice a year – showed 4.4 million homes were set to refinance …
28.11.2024 - 10:30
Business
Business Live
Dunelm boss breaks ranks to say that a rise in living wage is good for the company
Dunelm’s chief executive, Nick Wilkinson, has expressed a notably positive outlook on the above-inflation increase to the minimum wage, despite many retailers voicing concerns over the heightened costs. Wilkinson believes that the boost in consumer confidence from higher disposable income will lead to increased market demand, as reported by City AM. This contrasts with the …
28.11.2024 - 09:55
Business
Sky News
M&S and Kingfisher among suitors circling Homebase stores
Marks & Spencer (M&S) and the owner of B&Q have expressed an interest in taking over dozens of stores operated by Homebase, the DIY chain which fell into administration this month.Sky News has learnt M&S and Kingfisher are among the retailers which are circling the remaining Homebase estate of close to 50 outlets, ahead of …
28.11.2024 - 08:55
Business
Sky News
Direct Line shares soar as it rejects UK rival’s £3.3bn takeover offer
Direct Line, the UK insurer, has seen its share price surge by more than a third after it rejected a takeover offer from larger rival Aviva.The non-binding cash and shares offer, which valued the struggling firm at £3.3bn, represented a 60% premium to the closing price for Direct Line’s shares on Monday 18 November – …
27.11.2024 - 17:47
Business
Sky News
Latest sign of struggling industry as car production falls for eighth month in a row – industry data
UK car production has slowed, according to industry figures, in the latest sign of a struggling sector. For the eighth month in a row UK car manufacturing fell, according to data from the Society of Motor Manufacturers and Traders (SMMT). October saw 15.3% fewer cars roll off factory lines than the same month a year …
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