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The Latest Breaking News from London Stock Exchange

How much the pandemic cost THG-owned King Street Townhouse Hotel and Hale Country Club

THG's Great John Street Hotel has been closed as it undergoes a major refurbishment

Manchester Evening News

Scale of pandemic's impact on THG-owned King Street Townhouse Hotel and Hale Country Club revealed

The country club was acquired by THG in 2016, with the hotels being bought three years later

Birmingham Post

Major investor in musicMagpie sells entire stake

musicMagpie floated on the London Stock Exchange's AIM in April 2021

Birmingham Post

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Capricorn Energy proposes merger with NewMed Energy

Edinburgh-based energy company's board unanimously overrides previous plan to merge with Tullow Oil

Insider UK

Losses pass £100m at shopping giant run by one of Manchester's richest men

THG is behind brands such as LookFantastic and MyProtein

Manchester Evening News

Matthew Moulding's THG issues warning after posting losses of more than £100m

Shares in THG slumped by more than 20% in early trading

Birmingham Post

The national mourning plans now in place following Queen Elizabeth's death

The Queen passed away at Balmoral this afternoon aged 96

Chronicle Live

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The national mourning plans now in place following the Queen's death

There are well-established protocols already in place

Wales Online

Terrorist behind plan to blow up London Stock Exchange makes fresh bid for freedom

Mohammed Shahjahan was given 17 years for the bomb plot and has been released once - but was recalled to prison after breaching parole terms by sneaking off from a hostel to visit his wife

Daily Mirror

Zytronic warns second half orders impacted by global raw materials supply issues

The Tyneside-based manufacturer said it still anticipates profits will be ahead of 2021 levels

Birmingham Post

Unicorn chief joins taskforce to drive through financial reforms

Matillion is one of several tech unicorns in Greater Manchester

Birmingham Post

Why the AIM market needs a shake-up to protect investors and companies

City Voices: Giles Clarke is co-founder of Majestic Wine and PetCity

Evening Standard

SoftBank ‘halts plans’ for Arm’s London listing amid political instability

Loss of UK chip designer’s flotation would jeopardise capital’s attempt to prove it can compete against US

The Guardian - UK

Nissan's solar power project acquired by UK fund in £10.6m deal

Atrato Onsite Energy - otherwise known as ROOF - specialises in investing in companies' efforts to reach net zero carbon emissions

Birmingham Post

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Evening Standard

Moonpig revenues slip as customers return to high street

Bricks and mortar retailers re-opened as challengers to online brand

Benzinga

Softbank's Masayoshi Son Emphasizes Chances Of US Listing For Arm

Softbank Group Corp (OTC:SFTBY) founder and CEO Masayoshi Son stressed the possibility of British-based chip designer unit Arm Ltd listing on Nasdaq pending a final decision, Reuters reports. "Most of Arm's clients are based in Silicon Valley and ... stock markets in the U.S. would love to have Arm," Son told at the annual…

Asharq Al-Awsat

UAE’s TAQA Lists Bonds Worth $8.25 Billion on ADX

Abu Dhabi National Energy Company (TAQA) has made a secondary listing of nine bonds valued at $8.25 billion on Abu Dhabi Securities Exchange (ADX). The bonds, which will mature between 2023 and 2051, range in size from $500 million to $1.25 billion and have issuance tenors ranging from seven years…

Birmingham Post

Bristol office building Hannover House attracts new occupier

London Stock Exchange listed financial services firm Alpha FX is the fifth company to take space at the building

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Birmingham Post

THG shares sink to record low after potential buyers walk away

THG said the bids were 'unacceptable and significantly undervalued the company'

Manchester Evening News

Property tycoon Nick Candy who tried to buy Chelsea pulls out of THG takeover as shares plunge

Nick Candy is married to former Neighbours star Holly Valance

Birmingham Post

Nick Candy pulls out of THG takeover bid as shares slump

Two investment companies behind a separate £2.07bn takeover bid also pulled out earlier today

The Independent UK

Jail term for terrorist recalled to prison after secret bank account found

Shah Rahman received eight months in jail for each of the three breaches to run concurrently.

Benzinga

Pfizer To Quit GSK's Consumer Health JV Following Its Spin-Off

Pfizer Inc. (NYSE:PFE) intends to sell its 32% investment in Haleon, a consumer health joint venture with GSK plc (NYSE:GSK), after the business is spun out as an independent listed company in July, reported Reuters. Pfizer had previously indicated that it might seek to sell its stake in Haleon, a consumer health company and…

The Guardian - UK

UK finance watchdog looks to relax rules to boost London listings

Changes are aimed to attract ‘high quality, growth’ firms such as biotech companies

Birmingham Post

THG board 'unanimously rejects' £2bn bid as property tycoon Nick Candy mulls £1.4bn offer

THG recently branded previous takeover attempts as 'unacceptable'

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