Bottoms up: Central London set for a new rooftop bar as Maven Leisure raises £2m
Maven plans to raise the money via the private equity investment firm Growthdeck, which offers “tax-efficient investment opportunities in UK growth businesses”.
What do analysts think of BHP’s £31.1bn proposal for Anglo American?
Though the proposal mandates divesting two of Anglo American's problem children, it appears BHP is fine with keeping diamond brand De Beers.
Canary Wharf: Property value falls as London banking hub secures £550m financing deal
The developer and manager of Canary Wharf in East London has reported a 14.7 per cent annual fall in the value of its property holdings to £6.8bn.
Inchcape: Shares spike as automotive firm bags £2.3bn after selling off UK arm
Shares in Inchcape soared over eight per cent this morning as it bagged £2.3bn in revenue in the first quarter.
Ocado enters most shorted UK companies list as Abrdn jumps to fourth. These two kept their top spots
Ocado has entered the top 10 list of most shorted stocks this month, coming third, while Abrdn saw two new firms take positions out against it.
Wizz Air slashes profit guidance as Pratt & Whitney engine issues bite
Wizz Air has cut its targets for annual profit as issues with its GTF engines continue to impact capacity.
Mytilineos eyes potential dual listing in London
Greek energy giant Mytilineos has said it is eyeing a potential secondary listing in London before the end of next year.
Focusrite: Music software company hits flat note as revenue falls £11m
Focusrite's net debt more than doubled to £27.3m in the first half of the year, which it blamed on higher working capital levels.
Elite global firm McKinsey in US Justice Department hot chair over Opioid crisis
Consultancy firm McKinsey has been placed under criminal investigation in the US over its role in the country's Opioid crisis.
Labour would renationalise rail in bid to save British taxpayer £2.2bn a year
Renationalising the railways will save the taxpayer £2.2bn every year, Labour’s shadow transport secretary has claimed, thanks to “significant efficiencies”.