Bain and CVC pull out of Boots takeover bid March 1, 2022 One of the main bidders vying to snap up high street chemist Boots has abandoned its bid for the firm, in a move which could see Asda now move into pole position for a takeover.
Law Society says it supports law firms working on behalf of Russian oligarchs March 1, 2022 The Law Society of England and Wales has come out in support of law firms acting on behalf of Russian oligarchs, as City of London law firms face pressure to cut ties with Russia, amid claims they are working on behalf of Vladimir Putin’s allies to block the UK government’s sanctions regime. The comments come [...]
Visa and Mastercard shut out Russian financial institutions from networks March 1, 2022 US card payment giants Visa and Mastercard have shut out Russian financial institutions from their payments networks after Western nations ramped up sanctions on Russian firms.
YouTube bans Russia Today and Sputnik in the UK and Europe amid Ukraine crisis March 1, 2022 YouTube has decided to axe Russian state broadcasters Russia Today and Sputnik in the UK and Europe as big tech firms take Kremlin-backed media offline.
2021: An exceptional year for EMEA M&A March 1, 2022 EMEA M&A markets went into overdrive in 2021, spurred by a number of factors, resulting in an exceptional year for dealmakers.
Bitcoin overtakes Russian rouble as crypto markets buoyant March 1, 2022 The Bitcoin price currently sits at around $43k, having increased more than 12 per cent over the past 24 hours.
Mortgage approvals highest since the summer as cost of living crunch looms March 1, 2022 Mortgage approvals for house purchases lifted in January, in another monthly boost for the housing market. Figures released from the Bank of England on Tuesday morning show some 73,922 mortgage approvals during last month. This is the highest approval number since July 2021, when 75,900 mortgages were given the green light. It also represents the [...]
Households hunker down finances as they brace for worsening cost of living crunch March 1, 2022 Households are hunkering down their finances in preparation for the cost of living crunch to tighten, reveals official data published today. Brits cut back on spending last month and channeled money into their savings accounts to offset a future deterioration in their budgets caused by soaring inflation. Households added £7.8bn to their savings accounts last [...]
Opinion-in-brief: Stay at home at the slightest inconvenience March 1, 2022 Today there will be the first full tube strike since 2017, as 10,000 RMT workers walk off and all London Underground lines stop running. Instead of directing people to find other ways to get to work, Transport for London told people to stay at home. Part of the problem facing the transport network is a [...]
Letters: A priceless ofgem? Don’t scrap us, says CEO March 1, 2022 [Re: Is it time for Ofgem to head to the scrapheap? Feb 24] This article underplays both the history and the current circumstances affecting the energy market. In 2010, the market was dominated by a small number of large vertically integrated players without pricing regulation. For customers, this meant systemically high prices and poor service [...]
