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South East
16:01, 23 JUL 2024
Alarm sounded over health of London's AIM market as listings hit 20-year low
By City AM
New analysis has revealed the number of companies quoted on London's junior market to be at a 20-year low.
Bookmark
Bristol sandwich shop expands into London, creating 55 jobs
Retail & High Street
Sandwich Sandwich already has four sites but it's the first branch to open outside of Bristol
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BusinessLive publisher Reach launches business content partnership with City AM
By City AM
'Working together will give us the opportunity to strengthen our quality business journalism offering across our portfolio'
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MoD says £6.5bn deal with weapons maker MBDA secures thousands of jobs
Armed Forces
The 10-year agreement was announced by newly appointment defence secretary John Healey at Farnborough Air Show
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Explained: Why did skincare company Sk:n collapse?
Insolvency and Administration
The cosmetics firm ceased trading this week reportedly leaving customers and staff 'in shock'
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Leadership shake-up at Burberry CEO replaced amidst sales decline
South East
The group said Jonathan Akeroyd is leaving with immediate effect "by mutual agreement with the board" and will be replaced as chief executive by former Michael Kors boss Joshua Schulman
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º£½ÇÊÓÆµ Government reduces NatWest stake to under 20% after latest share sale
NatWest
Bank was nationalised in the 2008 financial crisis
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More than third of major airports raise drop-off fees
Transport
The RAC has said it is "bordering on the ridiculous"
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Unilever to cut up to 3,200 jobs in Europe by end of 2025
Employment
The consumer goods giant announced its plans earlier in the year and now details of the cuts have emerged
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Investors withdraw £1.6 billion from Ashmore funds as risk appetite wanes
South East
The emerging markets specialist blamed the higher outflows from its funds on "subdued" risk appetite from institutional investors
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London Stock Exchange gets major overhaul after firms shun London listings
South East
The º£½ÇÊÓÆµ's financial watchdog has announced a major overhaul of the country's stock market rules following a series of companies choosing to list in the US
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Property professionals' sales optimism at best level since 2022, survey shows
Housing
A net balance of 20% of professionals expect to see a recovery in home sales over the next three months, marking the highest level of sales expectations since January 2022
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Citizens Advice criticises potential Royal Mail rule changes, citing risks of rewarding poor service
Royal Mail
Following concerns about postal voting for the election, the charity said letter delays hit almost one in six people this spring
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Record-breaking day at Heathrow as airport handles over a quarter of a million passengers
South East
The airport said 268,000 passengers travelled through its terminals on June 30, the day after the Brexit deadline was extended from October
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Hays takes a hit as jobs market remains under pressure
Employment
Recruitment firm Hays has warned it expects earnings to be at the lower end of forecasts after election uncertainty kept job markets under pressure
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May Sees º£½ÇÊÓÆµ economic growth exceed expectations, boosted by retail and construction sectors
Economy
The economy grew by 0.4% in May, according to official data, with the high street and construction sector showing signs of recovery following a tough few months
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Thames Water put in 'turnaround regime' as Ofwat rejects 44% bills hike
South East
The water regulator said it will impose a "turnaround oversight regime" on Thames Water and opposed the utility firm's planned 44% rise in consumer bills over the next five years
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Crest Nicholson board warms to sweetened £720m takeover offer from Bellway
Deals
It is the third bid from Bellway in recent months
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Co-op teams up with Zuber Issa’s EG On The Move to grow forecourt franchises
The Co-operative
First location will open this week
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Accountancy firm Crowe welcomes black interns in diversity push
Black Communities
The company is working with the 10,000 Interns Foundation for the third year in a row
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The Wave Project surf charity appoints permanent chair
Appointments
Brett Simpson has been working with the organisation for six years
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Security group CLD buys Cova Security Gates as it plans global growth
SMEs
Cova specialises in gates designed to stop vehicles that are being used as weapons
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Robinsons and J2O maker Britvic rejects £3.1bn takeover bid from Carlsberg
Food and Drink
The soft drinks group concluded the approach 'significantly undervalues Britvic, and its current and future prospects'
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The tutoring business helping GCSE students pass their exams using TikTok
Education
Barbara Njau, founder of First Rate Tutors, is calling on the next government to make access to finance easier for firms like hers
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