Vesa, for its part, has made some platitudes about how Sainsbury’s “strong brand” and well-located stores in the more prosperous south-east make it “an attractive long-term investment opportunity”. But it seems unlikely that the tycoon is happy to remain a passive shareholder, and he continues to play his cards close …
Read More »Security outsourcing firm G4S looks set to be taken over by Allied Universal Security Services, after rival Canadian suitor GardaWorld said it would not be increasing its existing bid to trump the US firm’s £3.8bn offer. G4S, which operates services including running four British prisons and managing 21 UK Covid-19 …
Read More »The Confederation of British Industry is barking up the wrong tree when it howls about the “eye-watering” cost of Labour’s nationalisation plans, which it puts at almost £200bn. Of all the arguments against nationalisation – and there are many strong ones – the claimed upfront cost is the weakest. The …
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