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NYC private equity giant circles Ted Baker

It looks like someone might bring an end to Ted Baker’s horrific time as a listed company. US private equity group Sycamore is weighing up an offer, perhaps drawn to… The post NYC private equity giant circles Ted Baker appeared first on London Business News | Londonlovesbusiness.com.

Australia targets all ‘Russian government entities responsible for issuing and managing Russia’s sovereign debt’

The Australian government have imposed sanctions against a further 11 Russian banks and state entities managing Russia’s sovereign debt, the Australian Foreign Ministry said. The updated sanctions list includes the… The post Australia targets all ‘Russian government entities responsible for issuing and managing Russia’s sovereign debt’ appeared first on London Business News | Londonlovesbusiness.com.

Novus selected for FCA’s latest ‘Green FinTech Challenge’ initiative

UK impact neobank Novus has been accepted into an ongoing initiative created by the Financial Conduct Authority (FCA) in a bid to continue developing innovative products and services that will… The post Novus selected for FCA’s latest ‘Green FinTech Challenge’ initiative appeared first on London Business News | Londonlovesbusiness.com.

National Audit Office slams British Steel Pension Scheme operation

Some people who transferred out of the British Steel Pension Scheme have suffered significant financial losses because they were provided with unsuitable advice, the regulated financial advice market failed to… The post National Audit Office slams British Steel Pension Scheme operation appeared first on London Business News | Londonlovesbusiness.com.

Ukraine are no longer short of scrap metal as they will turn Russian tanks into a valuable commodity

The Ukraine are no longer short of scrap metal as they will turn all Russian military vehicles into money by scrapping the lot. The Ukrainian Association of Secondary Metals (UAVtormet)… The post Ukraine are no longer short of scrap metal as they will turn Russian tanks into a valuable commodity appeared first on London Business…

P&O Ferries sack all ‘crew across its entire UK fleet’ with ‘new foreign crew waiting to board’ as protests breakout

P&O Ferries have sacked all 800 crew on Thursday afternoon with “effective immediately” and all staff will be served with severance packages. P&O Ferries said all services will be cancelled… The post P&O Ferries sack all ‘crew across its entire UK fleet’ with ‘new foreign crew waiting to board’ as protests breakout appeared first on…

Three in four UK parents struggling with increasing costs of raising children, new study finds

Three in four parents in the UK say they are struggling to cope with the rising costs of raising their children due to the deepening cost of living crisis, according… The post Three in four UK parents struggling with increasing costs of raising children, new study finds appeared first on London Business News | Londonlovesbusiness.com.

Freelancer pay hits their highest levels since the EU referendum, but ‘confidence slumps as IR35 acts as a sword of Damocles’

New research from the Association of Independent Professionals and the Self Employed (IPSE) has today revealed that freelancers’ average quarterly earnings soared in Q4 2021 to its highest level since… The post Freelancer pay hits their highest levels since the EU referendum, but ‘confidence slumps as IR35 acts as a sword of Damocles’ appeared first…

Bank of England lifts interest rates to 0.75%

The Bank of England has lifted UK interest rates to 0.75%. That’s an increase from 0.5%, as it tries to cool inflation with prices rising at the fastest rate in around 30… The post Bank of England lifts interest rates to 0.75% appeared first on London Business News | Londonlovesbusiness.com.

Concern about Ukraine remains high among Britons

New research from Ipsos shows widespread approval among Britons of the way President Volodymyr Zelenskyy of Ukraine is handling the Russian invasion of Ukraine. Eight in 10 (78%) Britons say… The post Concern about Ukraine remains high among Britons appeared first on London Business News | Londonlovesbusiness.com.

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