LV appoints former Bupa chief David Hynam to top job September 26, 2022 Insurance giant LV group announced this morning that former Bupa chief executive David Hynam would take over leadership of the firm after the departure of controversial chief Mark Hartigan at the end of this month.
LXi REIT’s £500m bid for Sainsbury’s stores collapses amid market volatility September 26, 2022 LXi REIT's proposed takeover of 18 Sainsbury's stores has collapsed after the group pulled out of a share issue.
Frasers set for further MySale bid after former chairman offloads stake September 26, 2022 Frasers is set to table another cash offer for Aussie fashion marketplace MySale after a top shareholder made an “irrevocable commitment” to offload his stake to the retail group, handing it 48 per cent control.
Music Magpie’s shares plummet after downgrading rebound hopes September 26, 2022 Electronics retailer Music Magpie has downgraded expectations for its performance in the second half of its financial year.
Post-Brexit foreign direct investment in the north skyrockets 72 per cent September 26, 2022 Post-Brexit foreign direct investment in the ‘northern powerhouse’ has skyrocketed by 72 per cent compared to the rest of the UK, a new report has shown. Investment in the north rose from £24bn between 2012-16 to £41bn after Britain left the European Union, from 2017-21. The findings, by the Northern Powerhouse Partnership, also found the [...]
Hedin Group approaches Pendragon with new £400m takeover bid September 26, 2022 Pendragon has confirmed it has received a new takeover approach from its largest shareholder, Hedin Group.
Unilever boss to step down from company by end of next year September 26, 2022 Unilever's chief executive Alan Jope has announced his intention to retire from the consumer goods giant at the end of 2023.
All change: Moneysupermarket goes shopping for Ocado’s chief financial officer September 26, 2022 Moneysupermarket.com has swooped in for the Chief Financial Officer at Ocado, who will take up the same role on its board. Niall McBride will join the price comparison site subject to regulatory approval, as he leaves Ocado after having joined in 2020 during the pandemic. The former Rothschild & Co and PwC accountant will likely [...]
Liz Truss wants winning to be as easy as quick cash in voters’ back pockets September 26, 2022 We often complain that politicians are unwilling to give straight and unambiguous answers. Last week we saw something different: the government was very clear that Friday’s statement to the House of Commons by the new chancellor, Kwasi Kwarteng, was not—repeat, not—a budget. The name of the so-called fiscal statement, “the Growth Plan”, had a faint [...]
Kwasi’s gamble to settle the score on the size of the state September 26, 2022 Neither Kwarteng or Truss are fools, even if they are gamblers. They know we cannot go back to the time when citizens were left to fend for
