Capita is awarded NHS England admin contract worth up to £1bn June 22, 2015 NHS England yesterday awarded Capita the contract to become sole provider of administrative services for primary care across the UK. The four-year sole provider deal to manage and deliver services in England has a maximum value of £1bn, with an initial seven-to-ten year contract worth around £400m. Capita, along with its subcontractor Anglian Community Enterprise, [...]
Popped corks as Greene King-Spirit pub partnership gets green light June 22, 2015 Pub operator Greene King yesterday toasted the competition watchdog’s approval of its £774m takeover of Spirit. The Competition and Markets Authority (CMA) said it was satisfied the proposed sale of 16 pubs by the combined group would fix concerns raised by the company’s acquisition of Spirit Pub Company, and would not be referring the [...]
Virgin Active to bulk up in size in Asia and Africa June 22, 2015 Virgin Active, one of the world’s largest gym chains, said yesterday it will step up growth in Asia and Africa, and embark on a complete overhaul of its online platform this year following, its acquisition by South African billionaire Christo Wiese. The fitness group was on course for a listing on the Johannesburg stock market [...]
Fastjet finally manages to sell its loss-making Fly540 Ghana for $1 June 22, 2015 African budget airline Fastjet sold its loss-making subsidiary airline Fly540 Ghana yesterday. It sold the business to airline DWG-G for $1 (£0.63). Operations in Ghana were suspended in May 2014 and since then the Fastjet management has been exploring opportunities to restructure or dispose of this loss-making business. In the year ended 31 December 2014, [...]
Sir Howard Davies appointment as RBS director pushed back due to UK Airports Commission June 22, 2015 RBS has said Sir Howard Davies' appointment as a director will be subject to a "short delay" due to his commitment to the Airports Commission, until its final report is published. It had previously been expected that Davies, who is due to become the bank's chairman in September 2015, would've become a non-executive director tomorrow to coincide with the bank's [...]
Twitter rules out Jack Dorsey as permanent CEO kicking off formal search for new boss June 22, 2015 Twitter has announced that it is formally searching for its new chief executive to replace Dick Costolo, who is standing down at the beginning of next month. Co-founder Jack Dorsey has been named interim chief executive of the social media giant. However, in a statement, the firm said it has established a search committee in [...]
Companies House has launched its free digital data service June 22, 2015 Companies House, the UK registrar of companies, today announced the launch of its public beta search service allowing users to access all of its digital data free of charge. This means users will be able to access over 170m digital records on companies and directors including financial accounts, company filings and details on directors and secretaries. Read [...]
Spire Healthcare share price rises after it selling stake to South Africa’s Mediclinic June 22, 2015 Spire Healthcare shares rose 9.4 per cent to 350 pence per share today, propelling it to the top of the FTSE 250, after South African rival Mediclinic bought a stake in the private health firm from private equity firm Cinven. Remgro, a major shareholder of South Africa's Mediclinic, bought a 29.9 per cent stake from Cinven for 360 pence [...]
Ryanair flight FR7322 to Alicante declares emergency and lands in Paris June 22, 2015 Ryanair flight FR3722 from Frankfurt in Germany to Alicante in Spain has landed in Paris after declaring an emergency. According to AirLive.net, the Boeing 737-8AS turned after being in the air for only a short while. The flight left from Frankfurt-Hahn international airport just under an hour ago and was scheduled to arrive in [...]
Thorntons share price soars 43 per cent after Ferrero spoils it in £112m takeover deal June 22, 2015 Thorntons shareholders clearly think Ferrero is spoiling them – the British chocolate business' share price has soared more than 43 per cent this morning on the back of a £112m deal. Ferrero's parent company Ferholding has confirmed it has bought 29.9 per cent of the troubled chocolatier for 145p per share – a 43 [...]