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EG Group
EG Group in talks to sell some UK assets to co-founder Zuber Issa
...Mohsin, in Leeds, is in charge of Asda — the supermarket chain that is also co-owned by the brothers and TDR — while Zuber runs the petrol station business from Blackburn....
March 6, 2024
Climate change
Cambridge-led coalition of universities threatens banks over fossil fuel financing
...Universities are under pressure from students and staff to cut ties to companies exacerbating climate change....
February 15, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Tech start-ups
UK chip designer raises millions from Agnelli fund
...Leeds-based Optalysys this month raised a £21mn Series A round jointly led by Lingotto, the investment company owned by the Agnelli family’s holding company Exor....
July 17, 2023
News in-depthHealthcare
Wealthier adults drive sharp rise in demand for ADHD drugs
...“Lengthy waits push many towards private assessment,” said Mike Smith, clinical lead of the Leeds NHS Adult ADHD service, adding that this had been partially influenced by social media platforms like TikTok...
February 3, 2024
OutlookHarvey Nriapia
Why has Leeds, birthplace of the tram, ground to a halt?
...Dozens of European towns, some with a population less than one-tenth of Leeds, have light rail. Leeds locals joke about how bad the bus service is....
September 25, 2023
Travel & leisure industry
London’s Groucho Club chooses Yorkshire manor for first outpost
...Local property developer Rushbond, which also owns the Leeds Corn Exchange shopping mall, will collaborate on the development....
March 14, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
San Francisco 49ers
San Francisco 49ers hope to spin Super Bowl run into financial gold
...The entity that owns the team completed its acquisition of English football’s Leeds United, extended its stadium and team sponsor rights, worth $170mn, with Levi Strauss, and led the NFL in ticket revenues...
February 11, 2024
Conservative Party UK
Conservatives’ biggest donor embroiled in alleged racism dispute
...Frank Hester, a healthcare technology entrepreneur, allegedly made the controversial remarks during a 2019 meeting at the Leeds headquarters of his company The Phoenix Partnership, according to The Guardian...
March 11, 2024
UK politics
UK police investigate alleged remarks by Tory donor Frank Hester
...The remarks were reported by the Guardian to have been made during a meeting at the Leeds headquarters of Hester’s company The Phoenix Partnership....
March 22, 2024
UK labour disputes
UK train drivers vote for further round of strikes
...At a meeting in Leeds, Andy Burnham, Greater Manchester mayor, noted that just 37.2 per cent of Avanti’s trains arrived on schedule in the quarter that followed the company’s contract extension, compared...
March 20, 2024
News in-depthUK infrastructure
Rail chaos prompts fresh calls to nationalise England’s West Coast line
...At a meeting in Leeds last month, England’s northern leaders decided they had finally had enough of Avanti West Coast, the UK’s biggest intercity rail operator....
April 15, 2024
Pensions crisis
UK pension funds lost £425bn in year of bond market crisis
...The regulator estimated that the combined value of assets for 5,100 company defined benefit plans fell by around £425bn over 2022, from £1.79tn to £1.36tn — equivalent to a 24 per cent drop....
February 8, 2024
High Speed Two Ltd
Planning applications jump fourfold along course of HS2
...Although the cost of the London to Birmingham line has spiralled to £67bn in today’s prices — more than double the original £32.7bn cost of the entire line from London to Leeds and Manchester — Thompson...
February 17, 2024
Carbon capture and storage
Ex-Rolls-Royce boss East joins carbon capture group as chair
...The 62-year-old is taking up the role at C-Capture, which has been spun out of the University of Leeds and is backed by companies including UK power generation business Drax and oil major BP....
January 17, 2024
UK property
Homebuyers feel the lure of Leeds, Yorkshire’s unofficial ‘city of culture’
...The latter two are in LS7, the Leeds postcode with the highest proportion of homes on the market sold subject to contract or under offer, at 61 per cent, according to data company PropCast....
June 8, 2023
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
ReviewDance
Bold new programmes from Northern Ballet and English National Ballet — review
...narrative pieces.Former Royal Ballet principal Federico Bonelli kicked off his first season at Northern Ballet at the company’s Leeds home, the Stanley & Audrey Burton Theatre, last week....
September 22, 2023
High Speed Two Ltd
HS2 offers ‘very poor value’ for money, MPs warn
...The price of the entire line to Leeds and Manchester was put at £32.7bn when it was approved in 2012....
February 7, 2024
UK social housing
Councils in England call for more powers to deal with empty homes
...Councils from London to Leeds are pursuing council tax premiums, providing grants for property refurbishment, working with genealogists to identify unknown owners and exploring innovative legal means to...
January 10, 2024
Travel
In a reinvigorated Leeds, a summer of celebrations is just beginning
...The Parkinson is home to the Stanley & Audrey Burton Gallery, established through the benefaction of that couple, Stanley being the son of Montague Burton, founder of the tailoring company that made many...
May 26, 2023
HS2
Greater Manchester mayor proposes compromise on HS2 rail line
...The original £39bn vision for NPR involved construction of a line from Leeds to Manchester via Bradford....
September 26, 2023
HS2
UK HS2 high-speed railway’s estimated cost soars to £67bn
...“The government decided and the company decided to let cost-plus contracts where 99 per cent of the financial risk is with the government....
January 10, 2024
Mortgages
Barclays and Santander announce cuts to UK mortgage rates
...The changes follow rate cuts announced last week by HSBC, Halifax and Leeds Building Society across their residential ranges....
January 9, 2024
University of Cambridge
Barclays risks centuries-old ties with Cambridge over fossil fuel financing
...In September, Leeds told staff that it was switching to Lloyds specifically because it “has the lowest fossil fuel investments of any of the major UK banks”....
December 15, 2023
ObituaryVince Power
Vince Power, music impresario, 1947-2024
...Two years later, he launched a northern English adjunct to the Reading festival in Leeds. He had an inexhaustible drive to seek out new opportunities....
March 16, 2024
Space industry
The dead cat launch
...Hoping to begin commercial flights as early as 2008, the company is fifteen years late in starting to serve its demand backlog....
July 10, 2023

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