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More than 140,000 cases in London forces Trafalgar Square NYE celebrations to be scrapped

London has had more than 140,000 cases in the week to 19 December and as a result New Year’s Eve celebrations in Trafalgar Square are now scrapped. There has been… The post More than 140,000 cases in London forces Trafalgar Square NYE celebrations to be scrapped appeared first on London Business News | Londonlovesbusiness.com.

Borrowing figures indicate chancellor has scope to help out

Government borrowing for November was £4.9 billion less than a year ago, according to official figures out today. Tax receipts were up by £1.6 billion but outgoings were still £17.4… The post Borrowing figures indicate chancellor has scope to help out appeared first on London Business News | Londonlovesbusiness.com.

Sameer Gehlaut eyes tech investments following £150 million stake sale to Blackstone and ADIA

London-based Indian-born entrepreneur Sameer Gehlaut, founder of Indiabulls Group, is eyeing up further investments in the UK today following the sale of a large stake in one of his companies,… The post Sameer Gehlaut eyes tech investments following £150 million stake sale to Blackstone and ADIA appeared first on London Business News | Londonlovesbusiness.com.

Standard Chartered fined £46.5m over reporting failures

Standard Chartered is set to pay £46.5m after it failed to cooperate with regulators at the Bank of England. “We expect firms to notify us promptly of any material issues… The post Standard Chartered fined £46.5m over reporting failures appeared first on London Business News | Londonlovesbusiness.com.

Taxpayers could receive a Christmas bonus

Taxpayers who file their tax returns online by the 30 December may be able to enjoy a Christmas bonus, say accountancy firm Blick Rothenberg. Stefanie Tremain, a director at the… The post Taxpayers could receive a Christmas bonus appeared first on London Business News | Londonlovesbusiness.com.

Ex-Tesco CEO Sir Dave Lewis to head GlaxoSmithKline’s healthcare arm

GlaxoSmithKline today announced that Sir Dave Lewis has been appointed as Non-Executive Chair Designate of the new Consumer Healthcare company which will result from the proposed demerger from GSK in… The post Ex-Tesco CEO Sir Dave Lewis to head GlaxoSmithKline’s healthcare arm appeared first on London Business News | Londonlovesbusiness.com.

Qatar to invest in Rolls-Royce’s small nuclear reactor project

The investment arm of the Qatari state is bankrolling Rolls-Royce’s plans to build small modular nuclear reactors (SMRs). The Qatar Investment Authority (QIA) will invest £85m for 10% of the… The post Qatar to invest in Rolls-Royce’s small nuclear reactor project appeared first on London Business News | Londonlovesbusiness.com.

London’s West End footfall 29% below pre-pandemic level

Footfall on and near London’s Oxford Street, the country’s biggest shopping district, was 17% below pre-pandemic levels, according to the New West End Company, which represents about 600 shops. Shopping… The post London’s West End footfall 29% below pre-pandemic level appeared first on London Business News | Londonlovesbusiness.com.

HarbourVest Global Private Equity NAV per share rises 3.4% over November

HarbourVest Global Private Equity, a closed-end investment company, today announces its estimated Net Asset Value (“NAV”) at 30 November 2021. HVPE provides a complete private equity solution for public investors,… The post HarbourVest Global Private Equity NAV per share rises 3.4% over November appeared first on London Business News | Londonlovesbusiness.com.

Ineos and Plastic Energy begin trial to convert ‘hard to recycle plastic material’

Ineos Olefins & Polymers Europe and Plastic Energy have today announced that they are working together on a trial to convert ‘hard to recycle plastic material’, such as flexible packaging,… The post Ineos and Plastic Energy begin trial to convert ‘hard to recycle plastic material’ appeared first on London Business News | Londonlovesbusiness.com.

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