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  • Sotheby’s hands huge pay day to billionaire owner Patrick Drahi

    July 10, 2024

    Sotheby's paid a huge dividend to its billionaire owner Patrick Drahi despite a tick down in its financial performance amid reports a minority stake could be sold to ease debt concerns.

  • UK packaging firm expects profit to rise again amid 140 per cent rally

    July 10, 2024

    The UK-headquartered group reiterated that it expects full year underlying profit before tax to be weighted towards the second half of the year.

  • Pagegroup slashes more roles as recruiter feels the pain of slow rebound

    July 9, 2024

    Pagegroup said that tighter recruitment budgets have led to companies becoming more risk averse to new hires, which has slowed the recruitment process.

  • City ‘stands ready’ to work with new Labour government on growth

    July 8, 2024

    Business lobby groups and Canada have said the sector “stands ready” to work with Keir Starmer’s new Labour government on realising growth.

  • Election 2024: What do the results look like in London and who is my MP?

    July 5, 2024

    Labour have swept into power on the back of a landslide victory which has reduced the Conservatives to a rump force in London.

  • West End landlord GPE ready to ‘accelerate into favourable conditions’

    July 4, 2024

    In an update ahead of its Annual General Meeting (AGM) the real estate investment trust (REIT) said it had signed 12 new leases between April and the end of June.

  • Average London rent on the rise as price outside the capital reaches record high

    July 3, 2024

    The average advertised monthly rent in London has continued to rise while prices outside of the capital reached a record high, according to Rightmove.

  • Election 2024: Thousands of homes ‘lost’ to Airbnb, Labour’s City candidate warns

    July 2, 2024

    Properties that could be “thousands of homes are lost to Airbnbs” in London, Labour’s candidate for the Cities of London and Westminster has warned.

  • San Carlo: Success continues at restaurant chain beloved by celebs including Rihanna and David Beckham

    July 1, 2024

    Italian restaurant group San Carlo, whose celebrity fans include Rihanna, Russell Crowe, and David Beckham, has continued its post-pandemic comeback with its highest sales yet, according to newly-filed accounts.

  • Build, baby, build: Want to solve the housing crisis? Forget town planners at your peril

    June 29, 2024

    There's no point building homes if they're not in places people want to live, but public sector planning is in dire straights, writes Victoria Hills

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