Beleaguered AA set for £218m takeover by private equity firms TowerBrook Capital and Warburg Pincus AA said it is in advanced talks with TowerBrook Capital and Warburg Pincus Its board is willing to accept 35p a share offer which would value it at £218m The deadline for a binding offer set by the UK takeover watchdog … Read more
WeWork in negotiations with string of City firms that want more flexible offices because so many staff working at home By Harriet Dennys, Financial Mail On Sunday Published: 21:50 GMT, 21 November 2020 | Updated: 21:50 GMT, 21 November 2020 WeWork is in negotiations with a string of City firms that want more flexible offices … Read more
PM Boris Johnson holds private meeting with 20 industry giants to raise cash for his clean power revolution Boris Johnson and Business Secretary Alok Sharma held a private meeting with more than 20 powerful British and multinational corporations Sources said the meeting was called to drum up billions of pounds of private sector investment in solar, … Read more
Energy firms have been forced to fork out £389million in fines and redress payments over the last 10 years, new research has revealed. British Gas has been charged the most over the past decade, paying out £45.5million, according to analysis of Ofgem data by energy switching site, Flipper. The Big Six are most at fault … Read more
UK watchdogs to have final say on £31bn merger between the firms behind O2 and Virgin Media By City & Finance Reporter for the Daily Mail Published: 21:18 GMT, 19 November 2020 | Updated: 21:18 GMT, 19 November 2020 UK watchdogs will get the final say in a £31 billion merger between the firms behind … Read more
British businesses which sell and transport imported goods are facing spiralling costs of thousands of pounds and delays to their shipments as global problems continue to affect Britain’s biggest container port. It comes after This is Money first revealed problems at the port in September, with companies reporting of delays receiving containers. A surge in … Read more
China tightens its grip on UK energy supply: Beijing-controlled firms invest in string of wind farms and nuclear projects By Matt Oliver For The Daily Mail Published: 21:50 GMT, 16 November 2020 | Updated: 21:50 GMT, 16 November 2020 Chinese state firms could soon be involved in providing one quarter of Britain’s power consumption, startling … Read more
Conservative peer Karren Brady is stepping up as a champion of small firms in the Covid-19 crisis Most women are multi-taskers, but football boss Karren Brady is in a different league – pun intended. Baroness Brady, to give her full title, is a Conservative peer. She is also chief executive of West Ham, a television personality … Read more
Hut Group signs three firms including luxury swimwear brand owned by Chanel to its online shop By Daily Mail City & Finance Reporter Published: 21:50 GMT, 16 November 2020 | Updated: 22:18 GMT, 16 November 2020 The Hut Group has signed up three firms including a luxury swimwear brand owned by Chanel to its online … Read more
MIDAS SHARE TIPS: It can pay to be a patriot! Schroders British Opportunities Trust will help UK firms to grow and produce strong returns for investors By Joanne Hart, Financial Mail on Sunday Published: 21:51 GMT, 14 November 2020 | Updated: 23:23 GMT, 14 November 2020 The British stock market has underperformed almost every other … Read more