Nine financial and regulatory changes that will affect Department for Work and Pensions (DWP) claimants have been announced, set to impact UK households from October 2024. Among these changes is the opening of the Winter Fuel Payment phone lines as well as Labour’s first Budget. The changes will span a …
Read More »Britain for sale: Foreign takeover offers soar
By John-Paul Ford Rojas Updated: 16:51 EDT, 27 September 2024 The value of foreign takeover bids for UK companies has risen by 79 per cent to £74billion so far this year, according to figures. Offers targeting UK firms totalled £102billion in the first nine months of 2024, data from the …
Read More »MARKET REPORT: Peltz lieutenant joins the board of Royal rat catcher Rentokil
By Samuel Norman Updated: 17:00 EDT, 25 September 2024 Shares in Rentokil rose after a member of Nelson Peltz’s hedge fund was handed a seat on the royal rat catcher’s board. The FTSE 100 pest control firm, which won contracts at Buckingham Palace in the 1960s, said Trian’s head of …
Read More »Rightmove holds its nerve: Property website should launch the ‘pacman’ defence on Murdoch’s raiders, says ALEX BRUMMER
By Alex Brummer for the Daily Mail Updated: 17:00 EDT, 23 September 2024 Until quite recently, there was an unhelpful habit of UK company boards rapidly buckling when faced with overseas and private equity takeovers. There would be dire warnings from fee-hungry investment banks that failure to accept seemingly generous …
Read More »Crowdfunding for Good from JustGiving
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Read More »Locations of 12 major bank branches closing across Edinburgh and Lothians revealed
Around 12 bank branches are due to shut up shop across Edinburgh and the Lothians over the next year. A number of residents could face the scenario of losing their only local branch as banking giants look to get rid of their physical branches as customers move online. Bank of …
Read More »Royal Mail owner accused of rewarding failure as it plans to hike boss’s pay
By Jessica Clark Updated: 16:51 EDT, 14 September 2024 Royal Mail’s owner has been accused of ‘rewarding failure’ as it plans to boost its boss’s bonus amid a controversial takeover by a Czech tycoon. International Distribution Services (IDS) will this month ask shareholders to approve hiking Martin Seidenberg’s maximum award …
Read More »Tata Steel’s Port Talbot counting on £500m rescue deal
2,800 jobs could be axed in switch to less carbon-intensive electric arc furnaces By John Paul-ford Rojas and Emily Hawkins Updated: 18:14 EDT, 7 September 2024 A £500million state rescue deal for Tata Steel’s Port Talbot plant will be confirmed this week. Business Secretary Jonathan Reynolds will give the Government’s …
Read More »De Beers London float loses its shine amid weak demand for natural diamonds
De Beers float could be scuppered by weak demand for natural diamonds By John Abiona Updated: 18:26 EDT, 7 September 2024 Plans to float De Beers could be scuppered by weak demand for natural diamonds. Speculation comes just three months after FTSE 100 miner Anglo American announced its diamond business …
Read More »Martin Lewis reveals ‘key weapon’ to beat high-interest credit card charges
Martin Lewis, the founder of MoneySavingExpert.com (MSE), has issued a warning to credit card holders who are grappling with rising costs. He suggests using a “key weapon” to avoid high interest charges and reduce their repayments. In the most recent MSE newsletter, Martin Lewis revealed: “Figures just released by the …
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