Parts of Liberty Steel ‘challenged’, says finance chief June 22, 2021 Liberty Steel’s UK finance chief has today told MPs that parts of the metals group are “challenged” as Sanjeev Gupta’s company seeks to refinance the business. Since the collapse of chief financial backer Greensill Capital in March, Gupta’s GFG Alliance – of which Liberty Steel is a part – has been racing against its creditors [...]
Sanjeev Gupta’s Jaguar Land Rover supplier in talks with lenders June 21, 2021 A branch of Sanjeev Gupta’s metals empire that supplies Jaguar Land Rover is in talks with its lender to avoid collapse. Liberty Aluminium Technologies (LAT) is currently engaged in negotiations with its lender Close Brothers, in an effort to avert being placed into administration, Sky News first reported. The embattled firm employs 250 people across [...]
England ‘looking good’ to shed Covid restrictions on 19 July, says Johnson June 21, 2021 Boris Johnson has said the prospects of shedding England’s Covid restrictions on 19 July are “looking good”. The Prime Minister said data showing the immense effectiveness of two jabs against the Delta variant, and the increasing rates of vaccination, should mean the easing of restrictions will go ahead. Data from PHE released last week revealed [...]
Boris Johnson says it will be a ‘difficult year’ for international travel June 21, 2021 Boris Johnson has warned it will be a “difficult year” for international travel as the government discusses exempting fully vaccinated people from quarantine when coming back from amber list countries. The Prime Minister said today that there will be “hassle, there will be delays” when it comes to international travel this year as “the priority [...]
Minister: Reports that Matt Hancock kept PM in the dark over vaccine success ‘are wrong’ June 20, 2021 Reports that Matt Hancock withheld information from Boris Johnson about the success of vaccines against the Delta variant are incorrect, according to justice secretary Robert Buckland. Johnson and three senior ministers – Hancock, Rishi Sunak and Michael Gove – met last Sunday before making a decision the next day to delay the next step of [...]
Ministers ‘mulling dropping self-isolation rules for those with two jabs’ June 19, 2021 The government is considering making those who have had two Covid-19 vaccines exempt from forced isolation. The idea, which is currently being discussed in Westminster, would see those with two jabs take daily tests instead of isolate, Sky News reported. If made into policy, it would come in later in the year once the adult [...]
Private equity giant mulls £5.5bn Morrisons takeover June 19, 2021 Clayton Dubilier & Rice (CD&R) is reportedly weighing up a £5.5bn takeover bid for supermarket chain Morrisons. The private equity firm is in the early stages of evaluating an offer for Britain’s fourth biggest supermarket, Sky News first reported, and is understood to have made a preliminary approach to Morrisons’ board. The buyout giant is [...]
Another adviser warns JD Sports shareholders on chairman’s pay June 19, 2021 Another leading adviser has added its name to group urging JD Sports shareholders to look at bonus payments for bosses, despite the retailer refusing to repay government support. Adviser IVIS has warned shareholders over votes on bonus payments and its future remuneration policy, Sky News first reported. Advisory service Glass Lewis has already issued [...]
PM keen for UK workers to return to office but govt leaves decision up to businesses June 18, 2021 The Prime Minister is understood to be against large-scale working from home continuing beyond final lockdown restrictions easing, as the government hands discretion to “employers and employees”. Boris Johnson is opposed to the level of working from home seen during the pandemic becoming permanent and had hoped to ease guidance this month, The Telegraph first [...]
Screenshot: Can GB News survive the ad boycott backlash? June 18, 2021 This week **Media Moment of the Week: Richard Madeley goes full Partridge **Can GB News survive the ad boycott backlash? **London’s bumper fintech float: a Wise move Media Moment of the Week: Richard Madeley goes full Partridge It’s always risky when producers attempt a comeback of an old show, so I was sceptical when I [...]