MARKET REPORT: BT bounces on rumours of Openreach stake sale

BT began to bounce back off near-record lows as rumours circulated that it was selling a stake in its Openreach engineering arm. The telecom group’s shares surged 5.4 per cent, or 5.55p, to 107.7p after reports it would use the money to bankroll a £12billion upgrade of Britain’s broadband network. Earlier this week, shares in … Read more

Sir Richard Branson sells Galactic stake to prop up empire

Sir Richard Branson selling £400m stake in his space exploration business to prop up rest of his ailing empire By Lucy White For The Daily Mail Published: 22:16 BST, 11 May 2020 | Updated: 17:37 BST, 12 May 2020 Sir Richard Branson is selling a £400m stake in his space exploration business to prop up … Read more

Property tycoon Nick Candy seeks to up his stake in gym chain 1Rebel

Property tycoon Nick Candy seeks to up his stake in trendy London gym chain 1Rebel By Daily Mail City & Finance Reporter Published: 21:51 BST, 16 December 2019 | Updated: 21:51 BST, 16 December 2019 Property tycoon Nick Candy has bumped up his stake in a trendy chain of London gyms. The 46-year-old already owned … Read more

Struggling education publisher Pearson offloads Penguin stake as boss John Fallon bows out

Struggling education publisher Pearson offloads Penguin stake as boss John Fallon bows out Pearson has struck a £530million deal to sell its stake in Penguin Random House  The deal values book publisher Penguin Random House  at around £2.8billion. John Fallon will step down as boss in 2020 once a successor has been named  By This Is … Read more

Transport Secretary Grant Shapps says government could buy stake in struggling UK airlines

Transport Secretary Grant Shapps says government could buy stake in struggling UK airlines after collapse in demand amid coronavirus crisis It’s ‘important to save companies that should survive in normal times’ says MP Transport secretary Grant Shapps says ‘everything’s on the table’ to save firms Rishi Sunak says he will not create specific support package … Read more

Property tycoon Robert Tchenguiz shunts off £28m rail stake

Property tycoon Robert Tchenguiz shunts off £28m rail stake By Ben Harrington For The Mail On Sunday Published: 23:07 GMT, 21 March 2020 | Updated: 23:07 GMT, 21 March 2020 Loss: Robert Tchenguiz, pictured with his sister Lisa, was hit by the market fall Property tycoon Robert Tchenguiz has sold his multi-million pound investment in … Read more

MIDAS SHARE TIPS: Take a stake in Tristel, the firm disinfecting our hospitals – you could clean up

MIDAS SHARE TIPS: Take a stake in Tristel, the company disinfecting our hospitals – you could clean up By Joanne Hart for The Mail on Sunday Published: 23:47 GMT, 14 March 2020 | Updated: 21:42 GMT, 15 March 2020 Amid growing panic over coronavirus, most companies are working out how to limit the impact on … Read more