US firm designs 520ft mega vessel Galleon with four giant sails and eight decks

If you’re a super-rich seafarer with an avid interest in sports and luxury living, then this mammoth eight-deck superyacht might be the lavish mega vessel for you. The Galleon, the largest design so far in the Goliath Series of superyachts, would provide hours of entertainment with plans showing how it would be fitted out with … Read more

Matt Hancock let off for ‘minor’ breach of Ministerial Code over shares in firm that won NHS work

Matt Hancock gets a slap on the wrist from watchdog for ‘minor’ breach of the Ministerial Code by failing to declare he owned shares in a family firm which won NHS contracts while he was Health Secretary Health Secretary has shares in Topwood Ltd,run by his sister and brother-in-law Company specialises in secure storage, shredding … Read more

MARKET REPORT: Private equity firm Sirius Capital swoops on Equinti

Private equity has been swarming all over the London stock market and yesterday Equinti moved one step closer to being swallowed. The little known outsourcing firm – it provides payment services for companies like Easyjet (up 1.1 per cent, or 11p, to 997.8p) – has agreed a £673million deal with New York-based Sirius Capital. It … Read more

Snoop dogg-backed cannabis firm to list in London 

Snoop Dogg-backed cannabis firm Oxford Cannabinoid Technologies to list in London By Mark Shapland For The Daily Mail Published: 22:44 BST, 20 May 2021 | Updated: 23:02 BST, 20 May 2021 The hotly anticipated float of Oxford Cannabinoid Technologies will take place in London today.  The British cannabis research firm, which is backed by US … Read more

John Laing bought by private equity firm KKR in £2bn deal

Private equity snaps up ANOTHER British jewel: KKR strikes a £2bn deal for Severn Bridge infrastructure firm John Laing By Matt Oliver For The Daily Mail Published: 21:50 BST, 19 May 2021 | Updated: 22:00 BST, 19 May 2021 Infrastructure giant John Laing is the latest British firm to fall prey to private equity buyers … Read more

Frustrated Sofology customers complain about quality of items and response from firm

Frustrated Sofology customers are taking the firm to task over ‘poor-quality’ products and sub-standard service.  Several people who have used the furniture firm told This is Money that their sofas soon developed marks and other damage – but that the firm refused to help unless they stumped up hundreds of pounds. The consumers got in … Read more