Nationwide’s Virgin Money bid heralds new era for mutuals’ challenge to big banks March 18, 2024 Nationwide, the world's largest building society, is gearing up for the UK's biggest banking tie-up since the financial crisis as it looks to finalise a £2.9bn takeover deal for high street rival Virgin Money in the coming weeks.
Martin Gilbert: Industry must cut failing funds March 18, 2024 Martin Gilbert said the firm saw a clear route into emerging markets "through both acquisition and organic growth."
Legal and General mulls multi-million pound sale of housing arm Cala March 18, 2024 Legal and General is drawing up plans to sell Cala Group, one of the UK’s biggest house building groups, which it has owned for the past six years.
Easyjet opens new Birmingham Airport base, supporting over 1,000 jobs March 18, 2024 Easyjet has opened its ninth new UK base at Birmingham airport, creating 140 direct jobs and supporting around 1,200 in total.
London Market insurers seeking to relocate an aviation case to war-torn Ukraine March 18, 2024 The companies have had several aircraft damaged or destroyed in Dnipro International Airport and Boryspil International Airport following missile attacks as a result of the war.
Naked Wines: Shares slump as refinancing rumours give investors jitters March 18, 2024 Shares in Naked Wines slumped close to seven per cent today as reports about a refinancing deal with debt advisers appeared to give investors jitters.
Aston Martin shares back in the fast lane as analysts say ‘M&A fantasy may return’ March 18, 2024 Aston Martin shares soared this morning as analysts at Bank of America and Jefferies backed its progress in sorting out debt troubles.
Brew by Numbers, Black Sheep and Brick Brewery, spike in brewery collapses shakes sector March 18, 2024 According to data by accounting firm Mazars, last year (ending December 31), 69 UK breweries went insolvent, up from 38 a record for 2022.
Ofcom could sanction GB News over five shows hosted by Tory MPs which breached rules March 18, 2024 Ofcom has warned it could sanction GB News after it has found five of the broadcaster's programmes to have breached its broadcasting code.
Bidding war: Urban Logistics pleads for Abrdn Property to accept bid March 18, 2024 Last week, the Abrdn trust confirmed that it would be recommending to shareholders that they vote in favour of a merger with Custodian, as it had originally planned to before a second offer was made.