Analysis: Everyone has stuck their head in the sand over queues at Dover April 3, 2023 Suella Braverman won't acknowledge Brexit, and border officials and ferry firms can't blame it quick enough.
Multi-tasking and burnt-out, but working Brits are sleeping more than they did in the 1970s April 3, 2023 Women are working an average of 13 per cent longer hours compared to the 1970s, while men’s working hours dropped by an average of two per cent, a think tank report has found. Researchers at Onward found, on average, Britain is not working significantly more, as full-time male workers have seen their hours fall by [...]
HSBC versus Asian shareholders: Bank’s chiefs warn Hong Kong investors against ‘risky’ break-up April 3, 2023 HSBC’s top brass hit back at shareholder proposals to spin off the bank’s Asian business and pay fixed dividends, as it sought to quieten shareholders’ discontent about the bank’s business model. At a meeting of investors in Hong Kong, Reuters reported that HSBC chair Mark Tucker warned a restructuring or spin-off of HSBC’s Asia business [...]
Lord Sugar enjoys payout after selling stake in The Apprentice star’s business April 3, 2023 Lord Alan Sugar has enjoyed a multi-million pound pay-out after selling his stake in a skincare business run by a former contestant on The Apprentice. The business magnate and TV personality cashed in after a £200,000 investment in 2011 in Tropic Skincare, founded by entrepreneur Susie Ma. He also acquired a 50% share in the [...]
How Aldi boss intends to see off supermarket rivals and bring discount store within reach of all UK shoppers April 3, 2023 Aldi will not stop the “relentless” roll out of its value supermarkets across the UK, despite attempts by rival supermarkets to scupper its growth, its chief executive has said. Giles Hurley, the head of UK and Ireland operations for the German discounter, told The Telegraph that they are going to bring stores within easy reach [...]
Teck Resources snubs takeover offer from commodity giant Glencore April 3, 2023 Canada's Teck Resources revealed on Monday that its board has rejected an unsolicited acquisition proposal from Swiss commodity firm Glencore.
Blackstone close to £700m deal for commercial landlord Industrials REIT April 3, 2023 US private equity giant Blackstone is close to a £700m take-private deal with London-listed landlord Industrials REIT as it ramps up its bargain-hunt on UK property firms.
Rishi Sunak’s popularity soars in Tory league table with ‘big jump’ before local elections April 3, 2023 Prime minister Rishi Sunak has seen his popularity soar among the Tory grassroots, a poll has shown. The Conservative Home website’s survey of party membership shows Sunak’s approval ratings have risen from sixth from bottom to sixth from top, in the cabinet league table. In the end of February’s poll, the PM was at just [...]
Numis revenue to fall 14 per cent as it maintains a gloomy outlook for 2023 April 3, 2023 City broker Numis said today that its revenue has taken another hit from weak capital markets as it warned that things are unlikely to improve this year. In a trading update, Numis said revenue in the first half of the 2023 financial year is expected to be about £64m, around 14 per cent lower than [...]
Oil prices surge after surprise OPEC+ output cuts shake stagnant markets April 3, 2023 Oil prices have surged in today trading after OPEC+, announced surprise heavy cuts to output yesterday.
