Unilever offer for GSK consumer arm is short by £5bn say analysts January 17, 2022 Unilever’s rejected £50bn offer for Glaxo Smith Kline’s (GSK) consumer business falls short according to market analysts. Marmite maker Unilever has had three unsolicited offers rebuffed by GSK including a bid made last month which comprised of £41.7bn in cash and £8.3bn in company shares. Analysts have questioned the financial reasoning behind Unilever’s bid with [...]
Manufacturing deals rocket as businesses lock in wages amid inflation January 17, 2022 Pay settlements of up to 14 per cent have been agreed with manufacturers, as business and investors gear up for fresh inflation figures, with prices rising at more than double the Bank of England’s target rate.
Big Yellow Group plots return to normal with 30 per cent revenue boost as pandemic conditions ease January 17, 2022 Self-storage specialists Big Yellow Group have reported a 30 per cent revenue boost in its third quarter update.
Chris Tremlett Ashes column: If that’s the best we’ve got it doesn’t bode well January 17, 2022 It was a glimmer of hope to see England get a draw in the fourth Ashes Test last week but that was soon swept from under me. There was a moment yesterday where I thought it was possible that England would finish the series with a win. The Zak Crawley partnership with Rory Burns was [...]
Taylor Wimpey’s order book hits £2.5bn amid strong demand for homes January 17, 2022 Home builder Taylor Wimpey ended the 2021 financial year in a strong position with an order book valued at £2.5bn.
Asset manager Ashmore reports stunted growth as ‘challenging’ conditions plague emerging markets January 17, 2022 Specialist Emerging Markets asset manager Ashmore announced a 4.4 per cent drop in assets under management (AuM) following “challenging market conditions”.
On The Apprentice: the UK must stop treating its entrepreneurs like clowns January 17, 2022 It’s sometimes a shock to recall that The Apprentice has been on our screens for more than 15 years. For a decade and a half, Lord Sugar – originally plain old “Suralan”- has been summoning shiny-suited hopefuls to his wobbly prefab boardroom, pointing at them and making leaden witticisms. The show has been a ratings [...]
It’s time: diversity must drive innovation within our regions and our organisations January 17, 2022 With the Government’s eagerly awaited levelling up strategy due to be published later this month, the term itself has become a buzzword. A recent YouGov poll found more than half of people did not understand what levelling up means in practice. If the UK is to retain its position as an economic powerhouse, it is [...]
UK registers record of new businesses following “the great resignation” January 17, 2022 The UK has registered a record high of new businesses following the Covid-induced “great resignation.” According to data from accountancy firm Hazlewoods, in the last 12 months 319,000 news businesses were created, most of them e-retailers or delivery firms. The number of retailers in Britain has jumped 15 per cent, from 295,000 to 339,000 while [...]
A timely payday is the only way to protect our small businesses and freelancers January 17, 2022 In 2022, we’re facing the loss of 440,000 small firms and of the talent that could drive future prosperity because of poor payment practices. Paying quickly pays everyone. It’s folly to pay late or to inflict extended payment terms on suppliers. It’s theft not to pay at all. We need to revolutionise business-to-business payments. The [...]
