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Construction rental group has been listed in London since 1986 but makes nearly all its profits in the US

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Ashtead Group, the £27bn construction rental company, plans to shift its primary listing to New York in the latest blow to the London stock market.

The company, which has been listed on the London Stock Exchange (LSE) since 1986, said the US was a natural home for the company, given that nearly all of profits – about 98% – are made across the Atlantic.

Sentiment

0.98

Bearish/Bullish

100

26.12.24 04:00

by theguardian.com

Cancer patient fears dying without justice as tribunal date repeatedly delayed

IT technician Joe Mezgebe arrived at unfair dismissal hearing to find no judge available – for the second time

A disabled man with prostate cancer has had his employment tribunal for unfair dismissal postponed the day before it was due to take place because a judge was not available – 13 months after exactly the same thing happened.

Joe Mezgebe, an IT technician, who first presented his claim against Christ’s College, Finchley academy in June 2021, has lost £15,300 in fees to his barrister as a result of the cancellations, and fears he may not live to see justice done.

United States of America