Daily Mail and Mail on Sunday owner increases dividend

Owner of the Daily Mail and Mail on Sunday increases dividend for investors but reports fall in profits By Daily Mail City & Finance Reporter Published: 22:07 GMT, 23 November 2020 | Updated: 22:23 GMT, 23 November 2020 The owner of the Daily Mail and Mail on Sunday increased the dividend for investors but reported … Read more

JD Sports in talks with Debenhams about rescue takeover

JD Sports in talks with Debenhams about rescue takeover that could secure thousands of jobs By Daily Mail City & Finance Reporter Published: 22:07 GMT, 23 November 2020 | Updated: 22:08 GMT, 23 November 2020 JD Sports is in talks with Debenhams about a rescue takeover that could secure thousands of jobs.  The FTSE100 trainer … Read more

Codemasters’ sales double on back of three new popular games

Codemasters cements its dominance in car racing video games after popular new titles help sales double Codemasters has accepted a c.£750m takeover offer from Take-Two Interactive It signed an exclusive five-year licensing deal with the World Rally Championship The firm attracted a record-breaking 30m viewers to its Virtual Grand Prix Series By Harry Wise For … Read more

AA ‘willing’ to accept takeover offer from private equity firms

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

BUSINESS LIVE: FTSE set for rise; Cineworld secures extra liquidity

BUSINESS LIVE: FTSE rises as Astrazeneca confirms vaccine 90% effective; Cineworld secures extra liquidity; AA receives £210m offer By This Is Money Published: 08:10 GMT, 23 November 2020 | Updated: 08:29 GMT, 23 November 2020 AstraZeneca’s vaccine trial and Prime Minister Boris Johnson’s speech today outlining the loosening of lockdown restrictions that will happen after … Read more

Top City bosses warn: Tougher tiers risk disaster

Top City bosses say tougher tier system will ‘devastate’ their businesses and risk a tsunami of job losses Shops, bars and restaurants will reopen on December 2 There there are fears swathes of the country will be plunged back into even harsher restrictions than before the lockdown By Tom Witherow And Lucy White For The … Read more

Hut Group in £300,000 donation to Conservative Party

Hut Group’s billionaire boss attended several exclusive ‘donor club’ dinners with ministers after his firm donated £300,000 to Conservative Party By Daily Mail City & Finance Reporter Published: 21:50 GMT, 22 November 2020 | Updated: 21:50 GMT, 22 November 2020 The Hut Group’s billionaire boss attended several exclusive ‘donor club’ dinners with ministers after his … Read more

Amount of new office space being built in London halved

Amount of new office space being built in London halved as developers struggle against rise of home working By Daily Mail City & Finance Reporter Published: 21:50 GMT, 22 November 2020 | Updated: 21:50 GMT, 22 November 2020 The amount of new office space being built in London has been halved as developers struggle against … Read more

Marks & Spencer discussed deal to buy Jaeger

Marks & Spencer discussed possible deal to buy British fashion label Jaeger just days before company collapsed into administration By Neil Craven, Financial Mail on Sunday Published: 21:52 GMT, 21 November 2020 | Updated: 10:14 GMT, 22 November 2020 Marks & Spencer discussed a possible deal to buy British fashion label Jaeger just days before … Read more

Ex-Aston Martin boss not angry after car crash flotation

STOCKS TO WATCH: Ex-Aston Martin boss doesn’t look back in anger after car crash flotation By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 21 November 2020 | Updated: 21:50 GMT, 21 November 2020 Aston Martin’s car crash 2018 flotation was a black mark in the City and a sore spot for shareholders, but … Read more