Cybersecurity: Opportunities – and Challenges – for UK TMT M&A April 12, 2022 Cybersecurity is expected to be the biggest challenge and opportunity facing technology, media, and telecommunication (TMT) mergers and acquisitions professionals (M&A) in 2022, according to new research by Datasite, which surveyed 200 senior UK M&A professionals. The survey found that 54% of UK CEOs and 46% of senior M&A professionals said that cybersecurity presents the best [...]
Ladbrokes owner Entain scores record number of bets at ‘fairytale’ Grand National April 12, 2022 Ladbrokes owner Entain has reported a record-breaking number of bets on Saturday’s Grand National at Aintree, with over 20,000 bets-per-minute placed in the run up to the race.
Morrisons slapped with ‘speculative’ rating after takeover leaves chain saddled with debt April 12, 2022 Morrisons has been slapped with a ‘speculative’ rating by a top credit agency after the private equity takeover of the chain last year left it saddled with debt.
35 per cent of Brits admit bulk buying amid war and inflation shortage fears, report claims April 12, 2022 Warnings have been made against claims of stockpiling food after a report claimed 35 per cent have bulk bought items recently. Consumers are reportedly purchasing items in scenes reminiscent of the start of the pandemic, amid concerns about falling production for items such as wheat and oil, impacted by the war in Ukraine. Items such [...]
EasyJet says vetting delays contribute to staff shortages April 12, 2022 EasyJet’s chief executive Johan Lundgren said delays in the vetting of new staff, instead of recruitment issues, were one of the contributing reasons behind the airline’s staff shortage. Lundgren told journalists this morning the airline had already recruited most of the new staff needed and was currently waiting for candidates to be approved by the [...]
Titanic shipyard wins Cunard and P&O cruise liner contracts April 12, 2022 The Belfast shipyard which built the Titanic has won maintenance contracts from Cunard and P&O Cruises.
PE view: Value creation through digitalization in M&A April 12, 2022 The use of AI in M&A has become critical in terms of efficiency, timing, and transparency in dealmaking. The volume of data in data rooms has exploded. Technology and automation is working overtime as dealmakers look for solutions to shorten the M&A cycle. In a recent survey, 64% of the 2,000+ dealmakers polled believe that [...]
Trades Union Congress chief Frances O’Grady to step down April 12, 2022 Frances O’Grady will step down as the general secretary of theTrades Union Congress (TUC) at the end of the year, after nine years in charge. O’Grady today said “leading the UK’s trade union movement has been the greatest honour of my life”. The TUC is an association body for the UK’s unions, with its chief [...]
EU court expands scope of flight refund policy to non-EU airlines April 12, 2022 The EU’s highest court has expanded the scope of its flight refund policy, by allowing passengers to claim refunds from non-EU airlines. The European Court of Justice ruled in favour of plaintiffs suing Chicago headquartered firm United Airlines in allowing them to claim a refund for a 223-minute delay between Brussels and San Jose, [...]
Partygate: Met issues another 30 fines as police probe continues April 12, 2022 The Metropolitan Police has issued at least another 30 fines for breaches of Covid-19 rules in Downing Street and Whitehall as the police investigation into the partygate scandal continues. More than 50 fixed penalty notices have now been handed out to government employees that attended parties or social gatherings while England was under strict Covid [...]
