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      City sounds alarm on £40bn foreign M&A offensive targeting ‘cheap’ UK firms

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By: Bethany Wales

Bethany is a senior reporter covering UK-wide business news. Got a story? Get in touch via bethany.wales@cityam.com

All 311 Articles
  • Octopus to repay £3bn of Bulb nationalisation costs after supplier’s collapse

    June 21, 2024

    Octopus Energy will pay the UK government an early £3bn windfall after the company promised to reimburse all the public funds it received to take over the collapsed energy supplier Bulb.

  • Ferrari Group strikes gold as shipping bottlenecks give way to record sales

    June 20, 2024

    Ferrari Group, which specialises in shipping jewelry and luxury goods across the globe, has reported the strongest sales in its 50 year history as ongoing efforts to expand its catchment area begin to pay off.

  • Euro 2024 effect: Brits more than double their spending on ‘all things football’

    June 20, 2024

    With Euro 2024 now in full swing Brits have more than doubled the amount they're shelling out on football-related purchases with match tickets, merchandise and pre-game pints all driving up consumer spending.

  • Four Seasons: Care home operator up for sale following company slim down

    June 20, 2024

    Care home operator Four Seasons, which once ranked among the largest in the UK, has been put up for sale in a move expected to fetch about £300m.

  • Harworth Group sells 200-home plot to Taylor Wimpey

    June 20, 2024

    Land regenerator Harworth Group has sold a 16-acre site with planning permission for 200 homes to developer Taylor Wimpey for almost £20m.

  • Franchise Brands more than doubles in size following latest buyout

    June 20, 2024

    Franchise Brands, the franchise company behind brands including Barking Mad and Filta, has more than doubled its revenue for the second year in a row following its latest acquisition.

  • Tate and Lyle inks sweet $2bn deal to purchase global ‘mouthfeel’ specialist

    June 20, 2024

    Sweetener company Tate and Lyle has acquired the global pectin and gums business CP Kelco for almost $2bn as it continues its quest to become a world leader in "mouthfeel" solutions.

  • Thwaites defies ‘washout’ summer worries as beer sales soar

    June 19, 2024

    Daniel Thwaites, the company behind Thwaites beer and hundreds of hospitality venues, has celebrated increased sales despite concerns over a "washout" summer.

  • Disney helps propel Excel London to year of record-breaking success

    June 19, 2024

    Excel London, the UK's largest exhibition centre, has had a record-breaking year as a surge in visitors boosts its revenue to its highest level ever.

  • David Lloyd’s quest to ‘premiumise’ clubs gets members back on the treadmill

    June 19, 2024

    Fitness chain David Lloyd Clubs has seen its members return to its gyms in droves after it decked them out with luxury spas, outdoor dining areas and "premium" co-working spaces.

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