World teeters on a $235 trillion debt mountain – and there is no ‘magic wand’ to wipe it away, warns head of the World Bank By John Paul-ford Rojas Updated: 12:06 BST, 12 October 2023 ‘I wish there was a magic wand that said abracadabra,’ the new head of the World Bank said when talking …
LIVEBUSINESS LIVE: UK GDP Grows by 0.2% in Q3; Apollo Set to Acquire TRG; Ofgem Launches Investigation into Energy Debt By Live Commentary Updated: 09:59 BST, 12 October 2023 The FTSE 100 is experiencing a 0.7 percent increase in early trading. Today, companies such as TRG, easyJet, Dechra Pharmaceuticals, Hays, and Workspace Group are providing …
Metro Bank to Expand Branch Network Following Rescue Package By Calum Muirhead Updated: 22:01 BST, 9 October 2023 Metro Bank has pledged to continue its expansion plans for opening new branches after securing a rescue deal to bolster its financial situation. In a lifeline deal worth £925 million, the bank sold £150 million worth of …
Bodycote Expands American Presence with Two Acquisitions Bodycote Agrees to Acquire Lake City HT and Stack Metallurgical Group Both Companies Supply Hot Isostatic Pressing (HIP) Technology Takeovers to Expand Bodycote’s Specialist Technologies Arm By Harry Wise Updated: 16:37 BST, 9 October 2023 Bodycote is expanding its presence in the US with the acquisition of two …
Croda Cuts Profit Guidance as Clients Focus on Reducing Stockpiles Croda now anticipates adjusted pre-tax profits of £300m to £320m this year It is the second time in recent months that the firm has cut its profit outlook The group’s shares were the FTSE 100’s worst performer on Monday morning By Harry Wise Updated: 16:38 …
<h1>Assura Expands Primary Care Property Portfolio as Rents Approach £150m</h1> <p>Assura, a leading primary care property developer, has achieved impressive financial performance in the first half of the year. The company expanded its portfolio and experienced significant growth in rental income. Over the six-month period ending on September 30th, Assura’s portfolio grew to 612 properties, …
<h1>LIVEBUSINESS LIVE: Metro Bank secures financing lifeline; GSK agrees £2.5bn China vaccine deal; Croda cuts profit outlook</h1> <p>By Live Commentary</p> <p>Updated: 09:34 BST, 9 October 2023</p> <p>The FTSE 100 is up 0.2 per cent in early trading. Among the companies with reports and trading updates today are Metro Bank, GSK and Croda. Read the Monday …
Nationwide Building Society Launches First Rebrand Since 1980s Nationwide, the largest High Street lender with 605 branches, recently unveiled its first rebrand in nearly four decades. In addition to the rebrand, the building society has launched a new TV ad featuring actor Dominic West. The ad, set to air during The Great British Bake Off …
Office space provider WeWork evicts tenants amid debt crisis WeWork is shutting one of its major UK branches and turfing out tenants US firm is battling a debt crisis and growing doubts about its future By Calum Muirhead Updated: 11:36 BST, 8 October 2023 Struggling office space provider WeWork is shutting down one of its …
Sharp Dressed Man: Jonathan Reynolds Appeals to ‘Red Wall’ Voters Labour has worked hard to gain the trust of the business community, and one person who has played a significant role in this effort is Jonathan Reynolds, the Shadow Business Secretary. Dressed in a sleek dark suit and tie, Reynolds may look like a typical …