UK property funds are no longer trying to sell some of their central London buildings, as investors have started putting money back into the sector — reversing a stampede for the exit that followed the UK’s EU referendum. Several assets worth...
Read moreCan Swansea Bay lagoon spawn a tidal power industry?
Shorrock claims that Hendry’s verdict on tidal lagoons will be seen as a “litmus test for the entire industry”, showing whether it is a “yes to homegrown marine energy in the UK”. Others in the industry agree that a positive decision would help...
Read moreEU and Canada finally sign long-delayed trade deal
Canada’s trade minister had walked out of the talks, while Mr Tusk warned the failure of the deal could mean the EU would never again attempt free trade negotiations. But Wallonia agreed after being assured Belgium could assess the deal’s...
Read moreRobin Hutson, founder of Pig Hotel chain: 'I have a love-hate relationship with hotels'
But one thing might convince Hutson to quit for good: a bad Brexit. “It’s the most mental decision that the country’s ever made,” Hutson says. “I think it was a protest vote that went wrong. Now we’re stuck with it.” Between the Lime Wood Group...
Read moreQuestor share tip: call on BT rivals as it loses ‘safe haven’ status
LON:BT Questor says: SELL For years BT has been a stalwart of the income investors’ portfolio. Its market value has doubled over the past five years on the back of a radical shift in the way we communicate information and watch TV programmes...
Read moreInvoke Article 50 quickly and make a clean break
We can, though, point to positive developments that gainsay earlier doom-mongering as they happen. Nissan, in a widely reported warning ahead of the referendum, threatened to quit the UK if we voted for Brexit. Yet the Japanese car giant, the...
Read moreIf Trump wins, the brave can cash in on equity jitters
Corporations would not be allowed to defer taxes on income earned abroad, but a foreign tax credit would guarantee no company would face double taxation. He would also allow a one-off repatriation tax holiday at a 10pc rate, which should benefit...
Read moreRomanian tech firm eyes London stock market listing
Bitdefender, Romania’s biggest technology company, is planning to sell a stake before an initial public offering that could take place on the London Stock Exchange. The business was originally part of Softwin, a company founded by chief executive...
Read moreQuindell founder eyes wine venture
Rob Terry, the controversial businessman behind scandal-hit former insurance outsourcer Quindell, is using his investment vehicle to develop a vineyard making English sparkling wine. Quob Park Estate (QPE), a fund that Mr Terry has opened up...
Read moreBritish Steel is a missed opportunity to reform DB pensions
Last month, this paper reported that government proposals to change the law to help salvage Tata Steel and the British Steel pension fund are to be shelved. This would be a huge shame. The defined benefit pension market is in a state of crisis...
Read moreBP profits forecast to slump on lower oil prices
Margins in the refining sector have also fallen by more than 40pc amid a global glut of refined fuels.#Shell’s underlying profits are expected to come in at $1.7bn, according to consensus forecasts, compared with $1.8bn in the same period last...
Read moreThe London market for new listings has been all but eviscerated
Rather, some were simply poorly planned, ill-thought-out, and thus struggled to attract investors. Pure Gym, for example tried to come to market at a time of renewed concerns about a saturated fitness market. TI has a chequered past and is loaded...
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