Financial Times battles misinformation and rising costs as readership drops
The number of people picking up a physical copy of the Financial Times has dropped amid the title battling rising costs – including hiring more journalists. The broadsheet said its operating profit
Landmark skyscraper planned for Manchester city centre
Plans have been unveiled for another landmark skyscraper to be constructed in Manchester city centre. The 44-storey building has been earmarked for land adjacent to Deansgate Train Station at Whitwort
Renters set for more tough times as house sales strengthen
The latest RICS Residential Survey has provided a lot of optimism for house buyers and sellers, but less for tenants, who are set to contend with an even tougher market. The survey, which asks estate
Liontrust assets plunge as investors pull £1.1bn from funds
Liontrust’s assets under management slumped over the summer as investors pulled £1.1bn from its funds. Every area of the asset manager’s business saw net outflows in the second quarter of its fin
Why London is a ‘very positive’ story for UK shipping
More than a quarter of the UK's deep sea shipping cargo travels through London Gateway port, with a ramp up in capacity expected this decade.
River Island ‘positive’ about future despite £30m losses
High street retailer River Island has slipped into the red with a £30m loss before tax as it struggles to hold up against online competition and rising costs. The company reported a loss before tax o
HSBC’s new boss mulls $300m cost-cutting plan targeting senior bankers
HSBC's new chief executive is reportedly drawing up cost-cutting plans that could save Europe's biggest lender up to $300m (£229m) by reducing top management layers.
Polar Capital shakes off August’s market meltdown
Polar Capital has reported an uptick in assets under management after the specialist fund manager shook off a hit from August's market meltdown.
Brookfield wins round Tritax Eurobox in £1.1bn tie-up
In a statement to the market this morning, the boards of the two companies said they reached an agreement on a £1.1bn deal.