Ladbrokes owner makes £250m bid for Enlabs after shunning MGM January 7, 2021 The owner of British betting firm Ladbrokes has made a £250m takeover bid for Swedish rival Enlabs, just days after rejecting an £8bn approach from MGM. Entain today said it is offering 40 Swedish krona for each share of Enlabs, which specialises in sports betting. This values the company at roughly 2.8bn krona (£250m), marking [...]
Toby Carvery owner Mitchells & Butlers explores equity raise due to third lockdown January 7, 2021 Mitchells & Butlers, which owns Toby Carvery, All Bar One and Nicholson’s, is exploring a potential equity raise due to the potential for further disruption caused by the coronavirus pandemic. The pub chain, which last year axed 1,300 jobs due to the pandemic, said it is not possible to estimate the impact of further Covid-19 [...]
Vanguard review: Jackie Chan plays the hits January 7, 2021 The current climate is exactly the right moment for a classic action movie, a genre that can provide us with escapism and some vicarious victories at a time when so much seems out of our control. Vanguard would seem to fit the bill – legend Jackie Chan reunites with Stanley Tong, his collaborator on two [...]
British Gas engineers start five-day strike in row over pay January 7, 2021 British Gas customers have been warned of “massive disruption” as engineers this morning began a five-day strike amid a row over pay. Thousands of staff members could walk out in protest at new contracts, which the GMB union says amount to so-called fire and rehire tactics to cut pay on pain of dismissal. GMB national [...]
Discounter B&M sees impressive revenue growth amid Covid crisis January 7, 2021 Discount retailer B&M said this morning that it had seen impressive revenue growth in the third quarter despite the coronavirus pandemic. Group revenue increased 22.5 per cent to £1.4bn, up from £1.1bn in the same period last year. The firm said that the combination of its low prices and out-of-town stores had proved attractive to [...]
Four people dead at US Capitol as world watches on in horror January 7, 2021 Police have confirmed that four people were killed last night as supporters of outgoing President Donald Trump stormed the US Capitol in a bid to overturn the election result. Egged on by the President, rioters broke into the House of Representatives, smashing windows and fighting with police, who said that 52 people had been arrested. [...]
Alfa Romeo breaks auction record in a buoyant classic car market January 7, 2021 A restored Alfa Romeo GT Junior has sold for £50,000 in an online auction. The stylish coupe made nearly twice its typical market value.
Twitter and Facebook lock Trump’s account amid Capitol riots January 7, 2021 Twitter and Facebook last night took the unprecedented step of locking US President Donald Trump’s account after his supporters stormed the Capitol. In a message to protesters at the height of the violence, Trump told protesters “I love you” before telling them to go home. He also repeated false claims that the election, which he [...]
London set for IPO ‘bonanza’ in 2021 January 7, 2021 Building on the momentum seen towards the end of last year, IPO activity in the capital is set to surge this year. After a pause in the first half of the year as the pandemic took hold, activity started to re-emerge by the end of the summer before a significant uptick in the last quarter. [...]
Pictures from last night inside the US Capitol building January 7, 2021 Last night UK time, armed protestors staged a violent break-in of the US Capitol building, preventing lawmakers from signing off Joe Biden’s election victory.