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Jupiter to keep £500m of flagship fund after manager's exit

FTSE 250 asset manager Jupiter is set to keep nearly £500m of the funds run by the departing fund manager Ben Whitmore.

United-kingdom , Jupiter-merlin , Ali-lyon , Ben-whitmore , Brian-mccormick , Jupiter-global-value , Financial-times , Global-value , Alliance-trust , United-kingdom-listed ,

Canary Wharf put £150m toward refurb in deal that kept Morgan Stanley

Canary Wharf agreed to put £150m towards the refurbishment of Morgan Stanley's office as part of the deal that kept the bank in the district.

London , City-of , United-kingdom , Ali-lyon , Canary-wharf-group , Clifford-chance , Morgan-stanley , Canary-wharf , Square-mile ,

Storm in a spinning teacup: Butlin's sues Aviva over definition of flooding

Butlin's is suing Aviva over the definition of a storm, after serious flooding forced it to shut its largest resort.

United-kingdom , London , City-of , Minehead , Somerset , British , Ali-lyon , Butlins , London-high-court , Association-of-british-insurers , Met-office , South-west

Risky debt investors flood into Thames Water debt as regulator plots carve-up

Debt investors renowned for taking risky bets on the survival of ailing companies have been buying up Thames Water bonds.

London , City-of , United-kingdom , United-states , American , Ali-lyon , Severn-trent , Thames-water , King-street , Elliot-management , Southern-water , Wessex-water

How much is too much? The CEO pay predicament

There's a brewing battle in the City over CEO pay, but how much it too much and do firms really need to offer more to compete with the US?

United-states , Sweden , Japan , United-kingdom , London , City-of , Swedish , British , American , Pascal-soirot , Mitul-shah , Wael-sawan

'Magnificent Seven' sell-off ahead of big week for big tech

Big tech share prices were dented by a sector-wide sell-off of risky assets last week, ahead of earnings results for some of the 'Magnificent Seven'.

Ali-lyon , Nvidia , Microsoft , Federal-reserve , Magnificent-seven- , Magnificent-seven , Wall-street , Middle-east ,

Asda bosses warned payroll switch could cause problems, report claims

Asda’s bosses ploughed ahead with a transition onto a new payroll even though they were warned that doing so could risk thousands of workers being paid incorrectly, a report has claimed.

Mohsin-issa , Zuber-issa , Ali-lyon , Sunday-telegraph ,

Getir departure from UK market could put 1,500 jobs at risk

Grocery delivery firm Getir is reportedly considering leaving the UK, putting as many as 1,500 jobs at risk.

Spain , United-kingdom , Netherlands , Germany , Italy , Abu-dhabi , Ali-lyon , Premier-league , Tottenham-hotspur ,

The week that was: London woes, hedge funds short on water, and confusing jobs data

Confusing inflation data, tribulations for water firms and more woes for the London Stock Exchange, we review another busy week in the City.

United-kingdom , Czech-republic , London , City-of , Czech , Ali-lyon , Andrew-bailey , Royal-mail , Office-for-national-statistics , International-paper , Monetary-policy-committee , London-stock-exchange

National Grid set to profit from Hunt's full-expensing tax relief scheme

The National Grid has said that it expects to report higher earnings in its full-year results on 23 May, due to new reporting methodology.

United-kingdom , Jeremy-hunt , Ali-lyon , National-grid ,