Mark Kleinman: Glazers could see biggest ever football club sale November 25, 2022 It was Sir Alex Ferguson who coined the phrase “squeaky bum time” in reference to those anxious moments at the end of seasons when Champions League and Premier League titles and FA Cups hung in the balance. Fergie’s employers for the last eight years of his reign, the Glazer family, are about to undergo their [...]
Sausage-casing maker Devro receives offer from Saria group November 25, 2022 One of the leading manufacturers of collagen products for the food industry has had an offer to bought up by the Saria group for around £667m. Sausage-casing maker Devro was snapped up by Bidco, a subsidiary of Saria, with shareholders entitled to receive 316.1 pence in cash for each share held. German-based Saria is a [...]
ITM hires Linde Engineering’s Dennis Schulz as new CEO November 25, 2022 ITM Power has hired Dennis Schulz as its new chief executive. Schulz will join the energy company at the start of next month.
Explainer-in-brief: Tory row puts help for social housing on hold November 25, 2022 This week, the government pulled a vote on the Levelling Up and Regeneration Bill to avoid an internal rift with Tory rebel MPs. The point of contention? The idea of top-down housing targets to be decided by central government. A total of 50 Conservative MPs have signed an amendment to the bill which would have [...]
Top down targets won’t resolve regional divides as inflation shrinks spending November 25, 2022 For both parties, one of the challenges they face is that in truth many of us in the North have never fully understood exactly what what levelling up means.
Our climate guilt is a weapon for fraudsters promising to help us help the environment November 25, 2022 Fraud moves with the times. This summer we experienced more sweltering heatwaves and droughts. Coupled with this month’s Cop27, climate change is again a regular feature in our daily news intake. While others saw a rise in phishing attempts and cost-of-living based scams, we’ve seen climate fraud cases grow exponentially, now involving millions of pounds [...]
Letters: Reading into the data of AI November 25, 2022 [Re: UK set to become next AI superpower says new report, Nov 23] Amidst the hype about the UK as the “next AI superpower”, the WPI Economics Report should be seen as a much bigger call to action to improve how the UK public sector approaches data. Having enhanced AI capabilities is all very well [...]
SMMT: Getting automotive back on track priority for 2023 November 25, 2022 Getting the automotive sector back on track is the top priority for 2023, according to the Society of Motor Manufacturers and Traders (SMMT). Chief executive Mike Hawes warned that a return to pre-Covid production levels was fundamental, “given the jobs, exports and economic contribution the automotive industry sustains.” “UK car makers are doing all they [...]
UK motor insurers to make largest annual loss in a decade due to inflation November 25, 2022 The UK motor insurance sector is set to make the largest annual loss in over a decade as a result of inflationary pressures. Analysis published today by EY has forecast that net combined ratios will reach 115 per cent this year – the worst year since 2010 – going down slightly to 114 per cent [...]
Water companies are dumping sewage in dry weather, warns surfer campaign group November 24, 2022 Water companies have been engaging in so-called dry spills, according to campaign group Surfers Against Sewage.