13.12.2024

Assura appoints non-executive director

CAREFUL CHOICE Primary care property developer Assura has appointed the former chair of NHS Improvement as a non-executive director.

Ed Smith was also lead non-executive director for the Department for Transport until December 2017 and worked for 30 years as a senior partner at PwC.

LODES MORE South Africa-focused Tharisa Minerals has announced record chrome concentrate production, up 7 per cent to 360,500 tons during the three months to September 30.

Platinum group metals production also rose 10.2 per cent.

Assura has appointed Ed Smith as a non-executive director

Assura has appointed Ed Smith as a non-executive director

BEER BOOST Rising demand for local and craft brews helped boost sales for pub operator Marston’s.

Same-store sales at its taverns in the year to the end of September rose 1.6 per cent on last year. Premium like-for-like sales were 0.9 per cent above last year. It expects to open 15 pubs and bars and six lodges next year.

AIR PORT TAKE-OFF A new private jet centre is being launched at London Southend Airport.

The centre, due to open in November, will replace the existing, much smaller facility, and is expected to cater for 5,000 flights per year by 2022.

CAPITAL MOVE Hong Kong asset manager Value Partners Group has opened a European HQ in London’s West End. The firm, which has more than 200 staff and offices in Beijing, Shanghai and Singapore, will use its British base to attract investors from Europe.

CASE DROPPED The Financial Conduct Authority has dropped a probe into ex-Barclays banker Richard Boath over a controversial £7.3billion fundraising drive in 2008.

Boath and three other former executives still separately face fraud charges over the investment from Middle Eastern backers. They are all expected to plead not guilty.

SHARE SALE A £3billion tranche of shares in Royal Bank of Scotland will be sold after the taxpayer-backed lender is finally fined by the Department of Justice for selling toxic US mortgages.

NatWest owner RBS was handed a £46billion bailout in 2008 and is still 71 per cent state-owned.

FLOAT PLAN An investment trust seeking to profit from demand for warehouse and office space outside London is to float for £300million.

M7 Real Estate will launch its new M7 Multi-let REIT investment business on the LSE in November.

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