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Evening Standard
London markets finish trading higher but outperformed by European rivals
London stocks moved higher on Friday, but were outperformed by European peers following a weak session for commodity stocks.Insurers and resources firms were among those in the red during the session.The FTSE 100 moved 0.04%, or 3.07 points, higher to finish at 7,947.11.Michael Hewson, chief market analyst at CMC Markets UK, said: “The FTSE 100 …
Business
Business Live
Mike Ashley’s Frasers Group completes acquisition of final brands from JD Sports in near £50m deal
Mike Ashley’s retail empire has completed the acquisition of the final brands from JD Sports in a wider deal worth almost £50m. Topgrade Sportswear, including Get The Label, have been snapped up by Frasers Group. The deal forms part of a larger transaction which involved 14 brands in total. READ MORE: Click here to sign …
Business
Business Live
Wrightbus bags order for further 117 electric buses bound for England
Ballymena bus manufacturer Wrightbus has secured an order for 117 electric buses destined for use across four English council areas. The deal, worth £25.3 million, has been signed with operator First Bus with funding from the government’s Zero-Emission Buses Regional Area scheme, which allows local transport authorities to bid for funding for zero emission buses …
Business
Evening Standard
Chancellor expected to cancel £500 energy price rise
The Chancellor is expected to cancel a planned £500 hike in average energy bills which was due to come into force next month.Treasury officials are looking at plans to guarantee that households continue to pay 34p per unit of electricity and 10.3p per unit of gas that they use.For the average household that means bills …
Business
Evening Standard
London loses Arm wrestle with New York as tech giant heads to the US in blow to the City
The failure of the London stock market to secure the multi-billion dollar re-listing of Arm Holdings left the City reeling today, from its second hammer blow in days.Arm, once one of the FTSE 100’s biggest tech stocks, became the second major company this week to shun London in favour of New York, after Irish building …
Business
Sky News
Energy bill support to be extended as price rise looms
Support for energy bills from the government is expected to continue for three months from April, protecting consumers from an average increase of £500.Sky News understands the chancellor will cancel a reduction in support that would have seen typical annual bills rise from £2,500 to £3,000. In recent days, the government has asked energy suppliers …
Business
Sky News
Stock market blow, an opioid crisis and the Black Founders Fund
Ian King speaks to AJ Bell about how more British companies are listing on the US stock market.Plus, hear from the pharmaceutical company Indivior’s chief executive about efforts to tackle an opioid crisis.And find out more about the Black Founders Fund – a scheme aimed at tackling the lack of black talent in tech start-ups.:: …
Business
Sky News
De La Rue seeks pension deferral as banknote printer’s woes continue
De La Rue, the struggling banknote printer, has requested breathing space from its pension trustees by delaying nearly £20m of retirement funding payments.Sky News has learnt that the London-listed company, which has seen its shares slump in recent years after a string of profit warnings, has asked trustees to defer the contributions in the last …
Business
Sky News
Hyve suitor Providence buzzes around Cannes Lions owner
The buyout firm circling Hyve, the listed exhibitions group, is weighing a move to bolt it together with the rival company behind the Cannes Lions advertising festival and the international fintech event Money 20/20.Sky News has learnt that Providence Equity Partners is hatching plans to bid for parts of Ascential, the London-listed company which has …
Business
Sky News
UK economic policy looks like a jumble rather than a coherent plan as decision to list in New York a body blow to UK
Chip giant Arm is the jewel in the crown of the UK technology sector.The company, formed in Cambridge in the early years of the personal computer age, dominates the global business of chip design. So the decision of its owner SoftBank to list its shares only in the US, despite energetic lobbying from the prime …
Business
Business Live
Aer Lingus announce new Isle of Man route from Belfast City Airport
Emerald Airlines, the exclusive operator of Aer Lingus Regional services have announced a new route from Belfast City Airport. The new service will link Belfast to the Isle of Man and bring the number of Aer Lingus routes from City Airport up to 13. The new route will commence on 24 April, operating four times …
Business
Sky News
Energy bills help could continue as suppliers told to prepare for two scenarios
Energy suppliers have been asked to prepare for government support to households to be maintained at the current level in April, ahead of a final decision expected to be announced in the budget.Sky News understands the government has asked suppliers to prepare for two scenarios; the current effective cap of £2,500 for typical annual household …

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