Boris Johnson is an ‘arrogant liar who is mortally wounded’ despite surviving Tory vote, says Rayner June 7, 2022 Prime minister Boris Johnson is an “arrogant, dismissive liar who is mortally wounded” after surviving last night’s Tory confidence vote, Labour’s deputy leader Angela Rayner said this morning. Speaking to Kay Burley on Sky News this a.m., Rayner said: “No I don’t want Boris Johnson to stay in post because as you know many of [...]
Ted Baker’s chosen bidder drops takeover plans as hunt for buyer continues June 7, 2022 Ted Baker’s chosen suitor has decided to drop its sales bid for the fashion retailer at the eleventh hour. The London-listed company confirmed that it had selected a chosen firm to oversee a public to private takeover at the end of last month. There has been speculation that this firm was Reebok and Forever 21 [...]
Private equity firm set to finalise £200m deal to take over government contracts Amey Plc June 6, 2022 The London private equity firm that currently employs ex-Tory minister Philip Hammond is seeking to a finalise a deal to takeover one of Britain’s biggest civil engineering firms, Amey Plc. Buckthorn Partners, which took on Lord Hammond as a partner in 2020, has teamed up with US private equity firm One Equity Partners to buy [...]
PM’s anti-corruption tsar John Penrose resigns and calls for Johnson to quit June 6, 2022 Boris Johnson’s anti-corruption tsar has quit his post and has called for the Prime Minister to step down over his handling of partygate. Conservative MP John Penrose said Johnson broke the ministerial code over the Downing Street Covid parties scandal and that he will be voting against the PM in the no confidence vote this [...]
Goals Soccer Centres set to be sold to management by Inflexion Private Equity June 5, 2022 Football leisure giant Goals Soccer Centres is set to be sold to its management team by the private equity investor, Inflexion Private Equity.
Dustin Johnson brings star quality as LIV Golf Invitational Series prepares for London debut June 5, 2022 Four months ago Rory McIlroy declared plans for a new Saudi-funded golf circuit to be “dead in the water” but, just days away from the first LIV Golf Invitational, that appears to be far from the case. Contrary to McIlroy’s forecast, the opening leg in a series of eight big-money tournaments which feature both individual [...]
Metaversal growing pains – the sky is just the beginning June 5, 2022 Dr Chris Kacher says the 50,000ft view of the prevailing trend suggests the sky is just the beginning for the metaverse.
City veteran John Allan prepares to step down as Barratt chair June 4, 2022 Titan housebuilder Barratt is planning to begin a search for a new chairman, with City grandee John Allan to step down. According to reports by Sky News, Allan, who also chairs the country’s largest supermarket, Tesco, is readying to hand over the reins of the construction giant. Barratt has reportedly asked headhunters at Russell Reynolds [...]
Pint at London pub surges past £8 price amid sky-high inflation June 4, 2022 The average price of a pint has surpassed £8 at one London pub, for the first time, as historic levels of inflation have forced landlords to up prices across the country. The price tag of a drink has soared over 70 per cent since the financial crisis of 2008, according to data from insights firm [...]
Mark Kleinman’s Column: Walgreens needs different prescription for future of Boots June 1, 2022 As an octogenarian with a literary penchant and more than half a century in business behind him, Stefano Pessina will be as aware as anyone of “time’s winged chariot hurrying near”. But is his sense of the passing of time in danger of impairing the judgement of the notoriously dogged and astute Italian dealmaker? The [...]