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Morning Wire Content

  • Last orders: London sees highest number of pub closures out of any English region

    October 9, 2023

    London has seen the highest number of pub closures out of any region in England, with a total of 46 haunts shuttering in the first half of the year, a new study has shown.  Across the whole of the UK some 383 pubs were also permanently closed within the same period, according to new figures [...]

  • Raspberry Pi eyes £409m London IPO and says need for US float is ‘overblown’

    October 8, 2023

    Raspberry Pi, which makes beginner-friendly coding computers, is exploring a potential London float, which could see the company valued at over £409m. 

  • LBC boss says commercial radio must ‘explore new avenues’

    October 8, 2023

    On its 50th anniversary, commercial radio is thriving, but the chief of a leading UK radio station has said it must stay on its toes if it wants to remain successful for another half a century. “The future of commercial radio should be continuously exploring new avenues and embracing creative approaches so we remain a [...]

  • Autonation mulls upping rival offer for Pendragon unit as bidding war intensifies

    October 8, 2023

    One of the largest car dealerships in the US is reportedly considering increasing its bid for Pendragon's forecourts and leasing business.

  • Renewi shareholders ask bidder to raise £636m stake

    October 8, 2023

    A major shareholder in Renewi has reportedly asked its board not to engage with Australian global financial services group Macquarie until it raises its £636m bid for the firm. According to reports in The Times, the Anglo-Dutch waste management company rejected an offer of 775p a share from Macquarie last month, on the grounds that [...]

  • Michael Murray insists he is running Frasers, not Mike Ashley

    October 8, 2023

    The boss of Frasers Group Michael Murray has insisted he is the one making decisions at the retail firm, not his father-in-law Mike Ashley. 

  • Young people turning to Tiktok for financial advice as FCA weeds out bad actors

    October 8, 2023

    Young people are increasingly turning to social media sites, such as Instagram and Tiktok, for financial advice, a new survey has revealed.

  • Easyjet set for profit bump – but resurgent oil prices could dent future earnings

    October 8, 2023

    Easyjet is set to report a further rise in pretax profit this week when the airline delivers its full year trading update on Thursday.

  • LVMH set for further growth despite uncertain global economic outlook

    October 8, 2023

    Investors will turn their focus to LVMH’s third quarter update on Tuesday to see if demand for luxury fashion goods continues to prevail.

  • Sunak says Israel has ‘right to defend itself’ as death toll mounts in Hamas attacks

    October 7, 2023

    Rishi Sunak has said Israel has “an absolute right to defend itself” as the country’s prime minister said it was “at war."

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