Show us the money, say G4S investors: Canadians told to raise offer for troubled UK security giant By James Salmon for the Daily Mail Published: 21:53 BST, 1 October 2020 | Updated: 22:06 BST, 1 October 2020 The battle for G4S heated up yesterday as its two biggest shareholders spurned a £3billion hostile takeover bid … Read more
Rolls-Royce races to raise £5bn as it fights for survival: Shares crash to 17-year low after engineer announces it is to go cap in hand to shareholders By James Salmon for the Daily Mail Published: 21:53 BST, 1 October 2020 | Updated: 22:06 BST, 1 October 2020 British engineering titan Rolls-Royce has unveiled plans to … Read more
BP and Shell shares hit lowest level in 25 years: Rising number of Covid cases globally fuels fears of a slump in demand for energy By Matt Oliver For The Daily Mail Published: 21:52 BST, 1 October 2020 | Updated: 22:06 BST, 1 October 2020 Shares in BP and Shell crashed to 25-year lows as … Read more
It’s been quite a week for billionaire businessmen who just happen to be brothers. Three sets of fraternal entrepreneurs have been in the headlines: the Dones, the Aroras and the Issas. All are self-made, and all are from the North-West. So who are these super-rich siblings, and is going into business with a brother – or … Read more
Ocado being sued by Norweigian firm AutoStore over alleged patent infringement with its warehouse robots – but online supermarket says it’s yet to receive any court papers Ocado says it has ‘not received any papers in relation to these claims’ to date Online supermarket become bigger than Tesco on the stock market this week Ocado’s … Read more
A new drive to increase the numbers of black, Asian and ethnic minority directors sitting on the boards of UK companies is being launched today. The initiative is being spearheaded by Lord Bilimoria, the first ethnic minority president of employers’ organisation the CBI in its 55-year history. It comes as the British-Indian peer, who was … Read more
Canadians in £3bn hostile bid for ‘deeply troubled G4S’: Private equity-backed rival claims UK security giant needs new management By James Salmon for the Daily Mail Published: 21:53 BST, 30 September 2020 | Updated: 22:04 BST, 30 September 2020 G4S has come under fire from a Canadian rival mounting a £3billion hostile takeover bid. In … Read more
Shell to axe 9,000 jobs: Oil giant struggles with slump in demand for fuel and shift to green energy By Lucy White For The Daily Mail Published: 21:52 BST, 30 September 2020 | Updated: 22:04 BST, 30 September 2020 Shell is axing up to 9,000 jobs as it grapples with a slump in demand for … Read more
Tesco’s new boss takes over today with shares languishing – and online rival Ocado nipping at its heels. Ken Murphy replaces Dave Lewis, who bowed out yesterday after six years in the top job. But although Lewis led Tesco through a much-needed turnaround, Murphy is inheriting a company with a share price that is actually … Read more
Woodford Equity Income savers told they won’t get their cash back for ANOTHER year By Lucy White For The Daily Mail Published: 21:53 BST, 30 September 2020 | Updated: 21:53 BST, 30 September 2020 Investors stuck in Neil Woodford’s doomed Equity Income Fund could be waiting at least another year to get their money back. … Read more