Corbyn leads his troops into a vicious class war November 1, 2019 Running an election campaign on the basis of a question is a risky business. Ted Heath found this out after the 1974 election during which he’d asked the voters: “Who runs Britain?” The response was clear: “Not you.” Yesterday, Jeremy Corbyn launched his own pitch for Number 10 with a rather more divisive, even sinister, inquiry: “Whose [...]
How a Lexus mid-life crisis led to a £3m yacht and a car that outshines Jaguar and Porsche October 30, 2019 A few years ago, at the prestigious Pebble Beach concours in California, the president of the Toyota Motor Company was holding court and pressing flesh. Akio Toyoda, 63, is the grandson of Toyota’s founder and so, you can imagine, he takes enormous pride in its products, and none more so than its luxury off-shoot, Lexus. [...]
Takeway.com tells shareholder Delivery Hero to abstain on Just Eat vote October 28, 2019 Takeaway.com, the Dutch food delivery firm eyeing a merger with Just Eat, has asked investor Delivery Hero to abstain from voting on the deal. Prosus, which is the largest shareholder in Delivery Hero, last week tabled a £4.9bn rival takeover bid for Just Eat, sparking a bidding war with Takeaway.com. Read more: Just Eat gatecrasher [...]
Just Eat gatecrasher vows to take on Deliveroo with major cash boost October 27, 2019 The South African firm hoping to derail Just Eat’s merger with rival Takeaway.com is planning to invest hundreds of millions of pounds into the delivery firm in a bid to take on Deliveroo. Prosus, the Dutch division of tech conglomerate Naspers, last week tabled an audacious £4.9bn takeover bid for Just Eat, sparking a furious [...]
Time’s up: Ending the tyranny of clock-changing would make us a richer, happier nation October 25, 2019 It’s that time of year again where the government exerts its power over time itself. In the early hours of Sunday morning, British Summer Time (BST) will officially be no more, and the country will return to Greenwich Mean Time (GMT) until March. Alas – for it would make far more sense to stop changing [...]
Aberdeen Standard Investment calls for Just Eat to consider Prosus and Takeaway.com offers October 23, 2019 Takeaway delivery platform Just Eat could be the focus of a bidding war after an investor urged the board to engage with multiple interested parties. Aberdeen Standard Investment called for the Just Eat board to “explore all available options” and engage with Takeaway.com and Prosus, which have both tabled bids for the firm. Read more: [...]
Activist investor Cat Rock tells Prosus not to interfere with Takeaway.com bid for Just Eat October 22, 2019 Activist investor Cat Rock has warned investment firm Prosus not to interfere with Takeaway.com’s bid for rival food delivery service Just Eat. Prosus launched a £4.9bn all-cash offer for Just Eat today, representing a 20 per cent premium to Takeaway.com’s all-share offer which has been negatively impacted by the Dutch businesses’ falling share price. Read [...]
Bidding war on the cards as Just Eat rejects £4.9bn hostile bid from Prosus October 22, 2019 Just Eat could find itself at the centre of a bidding war after rejecting a hostile £4.9bn bid from investment firm Prosus that threatens to disrupt its merger with Takeaway.com. The firm’s share price leapt 24 per cent to 732.8p despite the rejection in favour of its £8.3bn tie-up with the Dutch Takeaway.com as a [...]
Brexit Super Saturday vote live: PM’s deal blocked as Letwin amendment passes October 19, 2019 15:10pm Well that’s it. Super Saturday has descended into…. Soggy, Stupid Saturday. Boris Johnson’s last minute Brexit deal has been blocked, and he says he won’t “negotiate further delay”. Will he send a letter? Who knows. His spokespeople repeatedly refused to answer any questions on the matter. Leader of the House Jacob Rees-Mogg has announced [...]
Boris Johnson’s deal is on a knife edge as Angela Merkel calls on EU to support Brexit delay October 18, 2019 Angela Merkel is said to have told other EU leaders a Brexit extension would be inevitable should MPs reject Boris Johnson’s withdrawal deal. The German Chancellor told fellow European leaders they could not pretend there would be no extension if the UK requested one, according to reports. Read more: PM Johnson scrambles to save Brexit [...]