An astonishing £52billion worth of UK-listed businesses have succumbed to bids or mergers in 2024, in a feeding frenzy of deals that provokes concern – but also indicates an opportunity. The shrinking of our stock market is bad news for the economy – the pace of departures is the fastest …
Read More »Britain’s most expensive stamp collection being sold – and it could be worth a fortune | Bristol Live
Britain’s most expensive stamp collection is being sold – and is expected to fetch up to £12M. The unique set includes the largest surviving block of unused Penny Blacks and has been dubbed the finest collection of British philatelic trophy assets ever assembled. The British Philatelic Trophy Collection features a …
Read More »Analysts ‘unimpressed’ as Learning Technologies agrees £802m takeover
Digital learning firm agrees 100p per share deal – it was valued at 236p in 2021 Chairman and chief executive take alternative offer but others cannot By MIKE SHEEN Updated: 10:07 EST, 4 December 2024 AIM-listed Learning Technologies has finally agreed to a £802million takeover by a US private equity …
Read More »Boost for FTSE as investors pile into UK shares: But £317m inflow may be temporary reprieve
By GEOFF HO Updated: 17:00 EST, 4 December 2024 Britain’s beleaguered stock market enjoyed a reprieve after a three-and-a-half year exodus as investors piled £317million into equity funds last month. Figures published yesterday by funds network Calastone showed London-listed shares enjoyed inflows for the first time since May 2021. However …
Read More »Neglect imperils Royal Mail: Government should have learned from the Thames Water disaster, says ALEX BRUMMER
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:00 EST, 2 December 2024 The current generation of British politicians are on a steep learning curve. There can be no excuse for indifference when the fate of a critical national asset is on the line. Minority investors increasingly are concerned that …
Read More »Last hope of Royal Mail rescue lies in… Brussels
Investigation by EU competition watchdogs into Daniel Kretinsky Scrutiny of Kretinsky’s business links to Russia intensifies Czech wants to snap up Royal Mail in £3.6bn deal By MARK SHAPLAND Updated: 21:50, 30 November 2024 Royal Mail could be saved from a rapacious takeover bid by Daniel Kretinsky by European Union competition …
Read More »I’m 60 with an £800,000 pension, should I start spending it after the inheritance tax change?
I am 60 and have £800,000 in a self-invested personal pension that I have built up to fund my retirement. This is the only pension that I have, while my wife has a final salary pension worth roughly £30,000 a year. We have both semi-retired and earn about £20,000 a …
Read More »Stamp price fear as sale of Royal Mail looks set to be approved within the next two weeks
By CALUM MUIRHEAD Updated: 17:03 EST, 28 November 2024 The Czech billionaire bidding for Royal Mail could win approval for the deal from ministers in the next two weeks – raising fears over further stamp price rises. Daniel Kretinsky, who swooped with a £3.6billion offer, has agreed extra concessions for …
Read More »Beware the Czech Sphinx: Royal Mail predator’s debt-fuelled deal will be bad for all stakeholders, says ALEX BRUMMER
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 17:03 EST, 28 November 2024 Jonathan Reynolds ought to be careful what he wishes for. His House of Commons description of Royal Mail predator Daniel Kretinsky as a legitimate business person is hostage to fortune. We have discovered since this Labour government …
Read More »Blanc scores a Direct hit: Aviva boss’s swoop on rival should not come as a huge surprise, says ALEX BRUMMER
By ALEX BRUMMER FOR THE DAILY MAIL Updated: 22:00, 27 November 2024 The turnaround at Aviva under the stewardship of chief executive Amanda Blanc has been extraordinary. Superfluous overseas businesses have been sold, cash returned to shareholders and Blanc has built up a war chest for investment. The decision to …
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