The Derby-based aircraft engine manufacturer, Rolls-Royce Holding, is expected to announce more than 2,000 jobs as a part of company restructuring as early as Tuesday.…
View More Rolls-Royce cut down 2,500 jobs in a restructuring drive.
Category: Business
Metro Bank to seek bids of £3bn for mortgage book
Metro Bank has provided its rivals with a small window of opportunity to buy its substantial mortgage portfolio. Metro Bank has offered rivals like Barclays,…
View More Metro Bank to seek bids of £3bn for mortgage book
Fidelity objects to the Finsbury Food bid.
As per the information gathered by Sky News, Fidelity International, which has 10% of the investment in the business, plans to vote against DBAY Advisor’s…
View More Fidelity objects to the Finsbury Food bid.
Competing with Eurostar, Evolyn buys 12 trains before launching in 2025.
Competing with Eurostar for cross-channel rail services, Evolyn has signed up for a deal for 16 trains to improve fares and destinations once it begins…
View More Competing with Eurostar, Evolyn buys 12 trains before launching in 2025.
London-listed Safestyle is on sale.
The London-listed windows and doors specialist, Safestyle, is considering the possibility of selling the company due to financial strains caused by the weakening UK housing…
View More London-listed Safestyle is on sale.
Caius Capital played a critical role in Metro Bank’s rescue.
Founders of Caius Capital, Antonio Batista, and William Douglas, entered into a hectic weekend of talks to strike a deal to keep Metro Bank trading…
View More Caius Capital played a critical role in Metro Bank’s rescue.
The last remaining stores of Wilko will close for good this weekend.
Wilko, a 93-year-old retailer, entered into administration this August, with more than 12,500 employees being made redundant after entering into administration. The retailer will close…
View More The last remaining stores of Wilko will close for good this weekend.
To avert the threat of a strike, BA will reveal a three-year pilot pay deal.
British Airways and its pilots’ union, BALPA, are on the verge of revealing a pay deal with bonuses included for a three-and-a-half-year period based on…
View More To avert the threat of a strike, BA will reveal a three-year pilot pay deal.
Average rents in London and Britain overall revealed by Rightmove
Data on Rightmove, a property website, revealed that they are receiving an average of 25 inquiries; however, the same data also reveals that many tenants…
View More Average rents in London and Britain overall revealed by Rightmove
The UK records the fastest decline in house prices since 2009.
According to new data released by Nationwide on Monday, UK house prices remained unchanged month-on-month in September but drastically fell 5.3% year-on-year. Closely followed by…
View More The UK records the fastest decline in house prices since 2009.