Exclusive: Gary Neville to ramp up Labour role and do series of events with Starmer March 29, 2022 Gary Neville is set to ramp up his work with the Labour party and make a series of appearances beside Sir Keir Starmer in a move that will fuel further speculation the former Manchester United captain wants to run for parliament. It is understood that Starmer thinks Neville, who became a Labour member for the [...]
Rishi Sunak under pressure over wife’s ‘blood money’ through family firm still operating in Russia March 29, 2022 Rishi Sunak has been criticised by a Ukrainian MP over his wife’s family firm – which is still operating in Russia. Akshata Murthy, who is married to the chancellor of the exchequer, has been accused of collecting millions in “blood money” dividends. Her estimated 0.91% stake in Infosys, which was founded by her father Narayana, [...]
Babcock to sell emergency aviation division as part of disposal programme March 29, 2022 UK Government contractor Babcock is reportedly in talks to sell its emergency aviation services as part of its disposal programme. The group is expected to sell the division to infrastructure investment manager Ancala Partners for around £100m, Sky News broke the news today. The UK Air Ambulance fleet is part of Babcock’s division but it [...]
‘Cold welcome and no handshakes’: Russian and Ukrainian delegations meet for ceasefire talks in Turkey, attended by Abramovich and Erdogan March 29, 2022 There were “no handshakes” as Russian and Ukrainian officials met in Turkey for ceasefire talks, attended billionaire oligarch Roman Abramovich and president Erdoğan. Delegations for the two countries gathered in Istanbul, with Turkish leader Recep Tayyip Erdoğan pictured speaking to the Chelsea owner. A video also appeared online of the Russian businessman, who has alleged [...]
Twenty penalties for Number 10’s ‘partygate’ set to be dished out March 28, 2022 Twenty fines are set to be issued to twenty people following police investigations into the infamous ‘partygate’ at Downing Street and Whitehall during lockdown.
Second P&O ferry grounded following sackings row March 28, 2022 Another P&O ship is being detained as the ferry firm rides of the waves of the ongoing sackings scandal, which saw the firm replace 800 seafarers with lower-paid crew. As reported by Sky News this evening, The Maritime and Coastguard Agency (MCA) said earlier in the day that the Pride of Kent was undergoing checks [...]
Ted Baker turns down Sycamore’s £250m takeover bid March 28, 2022 Fashion chain Ted Baker has rejected a £250m takeover bid from New York based private equity firm Sycamore. The US firm had tabled a £250m offer for the chain last week, it was reported by Sky News at the weekend. The London-listed retailer confirmed it had rejected two non-binding proposals from Sycamore regarding a possible [...]
US private equity powerhouse Sycamore Partners makes £250m bid for Ted Baker March 28, 2022 US private equity group Sycamore Partners has reportedly made a formal £250m offer for the fashion chain Ted Baker.
Ukraine war: Peace talks set to resume as Kyiv recaptures villages March 27, 2022 Ukrainian and Russian officials will resume peace talks in Turkey tomorrow, after Kyiv claimed that its forces have re-taken villages near two major cities under fierce attack. David Arakhamiya, a member of the Ukrainian negotiating team, today said on a Facebook video that another round of in-person negotiations will happen between 28 and 30 March. [...]
Boots IPO still possible if private equity firms do not cough up, says owner March 27, 2022 One of the owners of high street chemist Boots says floating the chain as a standalone firm is not off the table if private equity firms do not cough up a suitable bid.