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18.06.2021 - 15:13
Business
Evening Standard
HSBC finally offloads its French retail bank, but at a loss of $2.3bn
HSBC today said the long-awaited sale of its troubled French retail banking business to Cerberus, the US investment fund group, would see it make a loss of $2.3 billion on the sale.The bank has been looking to sell the French business for more than 18 months as part of its strategy to focus down on …
18.06.2021 - 14:58
Business
Business Live
Life sciences company backed by new Dragons’ Den star goes public
18.06.2021 - 14:50
Business
Evening Standard
Boohoo founder Carol Kane wins shareholder vote amid new “slavery” claims
The co-founder of online fashion group Boohoo today beat off a shareholder revolt and won overwhelming support from investors for her re-election to the board.A proxy shareholder group has called on investors to oust Carol Kane over the Leicester “modern slavery” scandal, but the majority of investors voted for her to stay on at today’s …
18.06.2021 - 14:42
Business
Business Live
Print specialist Springfield Solutions presses on with largest expansion ever
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18.06.2021 - 13:35
Business
Sky News
JD Sports red-carded by top investors over boss’s pay
The prospect of a full-scale investor revolt at JD Sports Fashion grew on Friday when another leading adviser warned shareholders over bonuses awarded to its bosses despite refusing to repay government support.Sky News has learnt that the Investment Association’s influential IVIS service has ‘red-topped’ JD Sports over votes on bonus payments and its future remuneration …
18.06.2021 - 13:34
Business
Sky News
AstraZeneca and EU both claim win as court rules on vaccine supply row
AstraZeneca and the EU have both claimed victory in a court ruling over the supply of COVID-19 vaccines.The two sides have had a rocky relationship over the past few months, with the European Union accusing the vaccine maker of not producing supplies fast enough. AstraZeneca was contracted to do its best to deliver 300 million …
18.06.2021 - 12:12
Business
Business Weekly
FutureTech: How ‘future’ it is and what there is to worry about
There are lots of technology buzz words circulating, such as: ‘Cloud Computing’, ‘Agile Development’, ‘AI’, ‘Blockchain’ and ‘Crypto’. However, it is important to note that this does not mean that all such technologies have only just materialised, writes Jagvinder Singh Kang, Partner, International & UK Head of IT Law at Mills & Reeve – and …
18.06.2021 - 11:21
Business
Sky News
COVID bounce-back, Carnival off again – and the business of football
A leading business group is forecasting the UK economy could bounce back from COVID sooner than expected, and Ian King is joined by the CBI’s chief economist.Also today, the coronavirus pandemic forces the cancellation of the Notting Hill Carnival for a second year; and as England and Scotland meet in Euro 2020, Ian asks whether …
18.06.2021 - 10:42
Business
Sky News
Mustier and Arnault’s SPAC targets £2.5bn UK fintech True Potential
A wealth management platform which works with a fifth of Britain’s financial advisers has drawn takeover interest from a blank cheque company set up by Bernard Arnault, one of the world’s richest men.Sky News has learnt that Pegasus Europe, an Amsterdam-listed special purpose acquisition company (SPAC), was among the parties which tabled bids for True …
18.06.2021 - 10:13
Business
Business Live
Inside Your Apartment’s new Clifton Village serviced studios
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18.06.2021 - 10:09
Business
Evening Standard
Boohoo founder Carol Kane set to overcome shareholder row amid new “slavery” claims
Online fashion group Boohoo was today set to hold its AGM with co-founder Carol Kane expected to overcome a shareholder revolt to block her re-election as a director.A proxy shareholder group has called on investors to oust her over the Leicester “modern slavery” scandal, but the majority of investors are expected to vote for her …
18.06.2021 - 10:01
Business
Business Live
CarSupermarket’s new owner raises £333m as it floats days after huge Hull deal
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