Private equity pioneers KKR, the original ‘Barbarians at the Gate,’ want stakeholders to believe they are doing them a huge favour by offering £2billion for British infrastructure giant John Laing. As with so many recent private equity deals for FTSE 250 companies, the premium to the current share price of 33 per cent looks generous. … Read more
After more than a year cooped up in a first-floor flat, my fiance and I would like nothing more than to move somewhere bigger, with precious outdoor space. But until the property market simmers down, we’re staying put. Usually I take what estate agents say with a large grain of salt, as it’s in their … Read more
Dame Emma Walmsley may just have got the shot in the arm she needs to keep critics at bay. After a couple of false starts, Britain’s GSK, where she is chief executive, and Sanofi of France are confident their Covid-19 vaccine candidate will be ready for approval by regulators and available to patients by the … Read more
ALEX BRUMMER: By leaving private equity and overseas buyers the chance to do their worst behind closed doors, investors wash hands of responsibility The UK’s corporate landscape is littered with the victims of debt-fuelled private equity predators The objective is rarely honourable – it is to break-up the enterprises and sell them on piece by … Read more
HAMISH MCRAE: None of us know whether the hump in inflation is just that – a hump – or whether it is becoming embedded By Hamish Mcrae, Financial Mail On Sunday Published: 21:50 BST, 15 May 2021 | Updated: 21:50 BST, 15 May 2021 If you go out for a drink or a meal this … Read more
ALEX BRUMMER: What is remarkable about Greensill-Gupta scandal is how little attention was paid by Cameron and regulators to warnings flashing red By Alex Brummer for the Daily Mail Published: 21:50 BST, 14 May 2021 | Updated: 22:14 BST, 14 May 2021 Anyone tuning into David Cameron’s less than riveting testimony before the Treasury Select … Read more
Kim Basinger leaves playful comment on ex-husband Alec Baldwin’s Instagram calling his sons ‘cute’… almost 20 years after their bitter split By Dan Heching For Dailymail.com Published: 01:43 BST, 15 May 2021 | Updated: 01:58 BST, 15 May 2021 They were a Hollywood power couple in the 1990s, before an acrimonious divorce in 2002. But … Read more
ALEX BRUMMER: What is remarkable about Greensill-Gupta scandal is how little attention was paid by Cameron and regulators to warnings flashing red By Alex Brummer for the Daily Mail Published: 21:50 BST, 14 May 2021 | Updated: 22:14 BST, 14 May 2021 Anyone tuning into David Cameron’s less than riveting testimony before the Treasury Select … Read more
Philip Jansen finally has shown his hand. BT pledges to step up its broadband work by providing 25m homes with full fibre to the door by 2026. But the capital cost means it cannot do it alone and needs to find a friend. Meeting the ambitious and necessary target will be assisted over the next … Read more
SIMON LAMBERT: ‘Anecdotal inflation’ hints that an official burst looms – but will central banks move too slowly on rates and trigger a bigger spike? By Simon Lambert for Thisismoney.co.uk Published: 06:00 BST, 13 May 2021 | Updated: 06:00 BST, 13 May 2021 For my sister-in-law’s recent 40th birthday some family and friends clubbed together … Read more