Telegraph attracts takeover interest amid latest auction deadline September 27, 2024 The bidding war to buy the Telegraph newspaper business is moving nearer to its conclusion amid the latest deadline for takeover offers. Potential suitors to buy the Telegraph Media Group have until the end of Friday to submit second-round offers. It is understood at least three parties, including both UK and international firms, are in [...]
Starmer meets Trump in New York: ‘I’m a great believer in personal relationships on the world stage’ September 27, 2024 Sir Keir Starmer has met with Donald Trump during his visit to New York. The Prime Minister visited the Republican presidential candidate’s Trump Tower for talks ahead of November’s US election. Sir Keir said he wanted to meet Mr Trump face to face because “I’m a great believer in personal relationships on the world stage”. [...]
Is Unicredit about to kickstart a wave of European bank mergers? September 27, 2024 UniCredit is facing stiff opposition from the German government amid speculation that it could launch a multibillion-euro takeover bid for Frankfurt-based Commerzbank.
Revolut to join UK bank fraud helpline after surge in complaints September 27, 2024 Revolut is among three new firms signing up to the banking industry’s answer to 999 after it emerged that it had outstripped all the UK's major banks in official fraud complaints.
Ex-Bank of England chief economist warns on Labour’s non-dom crackdown September 26, 2024 Speaking on LBC, Andy Haldane warned that the government's measures might give overseas investors "cause for pause" before setting up businesses in the UK.
Blackstone: Private equity giant backs £10bn AI data centre deal in UK September 26, 2024 Private equity giant Blackstone has injected £10bn into the UK to build one of the largest artificial intelligence data centres in Europe. The investment will build a data centre in Blyth, in the north east of England, creating more than 4,000 jobs. Construction of the site is expected to begin next year. It comes after [...]
East Sussex teenager wins prestigious Le Cordon Bleu culinary prize September 26, 2024 Caoimhe O’Neill-McGuinness, an 18-year-old from Eastbourne, has won a top culinary prize from Le Cordon Bleu worth £60,000. The competition, which is designed to identify and nurture the next generation of culinary talent, was one of the most competitive in recent years, with all finalists “demonstrating remarkable talent and creativity”, Le Cordon Bleu said. O’Neill-Mcguinness [...]
Primark owner-backed food chain eyes £300m listing September 26, 2024 One of the world’s oldest commodity traders, backed by Primark owner Associated British Foods (ABF), is plotting a £300m float on the London Stock Exchange. Czarnikow, which ships a variety of foodstuffs, has begun meeting with groups of institutional investors with a goal of floating in the next few months, Sky News reported. The group [...]
Harrods boss admits after Mohamed Al Fayed allegations: ‘We failed our colleagues’ September 26, 2024 The current managing director of Harrods has apologised and said the business “failed our colleagues” following sexual misconduct allegations about former owner Mohamed Al Fayed. Michael Ward said in a statement that it is clear Mr Al Fayed “presided over a toxic culture of secrecy, intimidation, fear of repercussion and sexual misconduct”. Mr Ward, who [...]
Ten London train stations hit by ‘Islamophobic’ cyber attack on Network Rail September 26, 2024 Nineteen stations across the UK have been affected by the cyber attack on Network Rail, with only London St Pancras not impacted.
