Vin Murria pushes for M&C Saatchi takeover finish September 8, 2022 VIN MURRIA and her investment vehicle AdvancedAdvt pushed to bring the final offer process to a close as the hostile takeover of M&C Saatchi continues on. The entrepreneur and AdvancedAdvt (ADV), which already own 22.3 per cent of the advertising giant, have been locked in to a dramatic tussle with rival suitor Next Fifteen to [...]
Renewable generators to be shifted onto new contracts in market shake-up September 8, 2022 The Government will introduce new fixed price contracts for existing renewables generators, taking them off lucrative legacy deals.
DCC splashes £213m on Medi-Globe in sustained acquisitions spree September 8, 2022 DCC has splashed €245m (£213m) on medical device company Medi-Globe, in the healthcare division’s biggest acquisition. The buyout, which is still subject to competition regulatory approval in Germany and France, is expected to be completed in the final few months of the year and drum up a mid-teen return on capital over the next three [...]
European equity products weather second-highest month of outflows ever September 8, 2022 European equity products weathered their second-highest month of outflows on record in August as investors continued to flee markets in the face of continued volatility.
Truss believes City is ‘growth engine’ of the economy, says former minister September 8, 2022 Liz Truss believes the City is the “best growth engine in the UK” and is preparing to lean on the financial sector to achieve her political agenda, a former minister said today.
Cornwall Insight eases price cap predictions amid supply boost September 8, 2022 Cornwall Insight has eased its predictions for the price cap over the coming months - although rates will remain historically high.
Funding Circle slashes guidance as profits tumble September 8, 2022 Lending platform Funding Circle slashed its guidance for the year today as it reported a plunge in profits to £1.6m in the six months to June.
DWF bolsters offerings through acquisition of specialist cost-cutting firm Acumension September 8, 2022 London listed law firm DWF has acquired a specialist cost cutting company Acumension as it continues to expand its services offerings. The deal will see the law firm almost double the size of its DWF Costs business by taking on board Acumension’s 47 cost reduction specialists. DWF Costs, one of the UK’s largest legal cost [...]
Liz Truss’ government must not keep science on the backburner, urges hVIVO CEO September 8, 2022 Liz Truss’ new cabinet must not allow science to be kept on the backburner, the CEO of hVIVO, formerly Open Orphan, told City A.M. today. “One of the key things for me is to realise that the science industry played a significant role in fighting the pandemic,” CEO Yamin ‘Mo’ Khan said. “Without the vaccines, [...]
Octopus welcomes historic support package for households this winter September 8, 2022 The Government's historic intervention in the energy market has been welcomed by Octopus chief Greg Jackson.