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Apollo charges in for stake in £7bn petrol retailer Motor Fuel Group
Apollo Global Management is nearing an agreement to acquire a significant share in Motor Fuel Group, reflecting a major financial transaction in the UK's fuel retail sector valued...
Read Full Article →Official receiver may step in as council care provider NRS Healthcare nears collapse
A private equity-supported healthcare company serving vulnerable patients in England faces potential insolvency, leading government officials to prepare financial strategies in cas...
Read Full Article →Sainsbury's blames Visa card issues for online payment failure
Sainsbury's experienced difficulties with online transactions due to problems related to Visa and Barclays cards, affecting customers' capability to complete payments for their gro...
Read Full Article →Aston Martin reveals plan to beat US tariff hit as profits sink
Aston Martin Lagonda intends to advance its manufacturing schedule early next year in an effort to minimize the negative impact of US import duties on its declining earnings.
Read Full Article →BlackRock plots sale of pensions specialist Heywood
A major investment firm is preparing to divest a company specializing in retirement plan software, potentially impacting market dynamics and investor portfolios in the pension tech...
Read Full Article →Tide turns as TPG leads talks to lead digital bank fundraising
TPG is negotiating to invest in Tide, potentially providing substantial capital that could support the digital bank’s growth and enhance its financial stability in a competitive ma...
Read Full Article →Revealed: The scale of cheap Chinese imports flown into UK without paying any tariffs
A recent investigation has highlighted the substantial volume of low-cost Chinese e-commerce goods entering the UK by air, bypassing tariffs and impacting the country’s trade reven...
Read Full Article →Trade negotiations, bond risks and a rise in botulism cases
The ongoing discussions between the US and EU, combined with fluctuations in bond markets and emerging public health concerns, could have notable effects on investment strategies a...
Read Full Article →Trump trade war could still see America come off worse
The agreement aims to adjust economic relations between the US and EU, potentially impacting market dynamics and financial outcomes for both parties involved in the ongoing trade d...
Read Full Article →Buyout giant Warburg Pincus snaps up Health Partners stake
A leading private equity firm has invested in Health Partners Group, enhancing its financial resources to support the company's continued growth in delivering occupational health s...
Read Full Article →US and EU agree trade deal, says Trump
The agreement between the United States and the European Union is expected to influence economic relations by potentially reducing tariffs and encouraging increased commerce betwee...
Read Full Article →Wise set for resounding victory in battle with co-founder Hinrikus
The £10 billion payments firm is expected to secure a decisive outcome in its dispute with a founding member regarding the relocation of its main stock exchange listing to the Unit...
Read Full Article →Bread producers Hovis and Kingsmill close in on historic merger
The proposed combination of two major British bakery companies could reshape market dynamics and potentially create new opportunities for growth and increased shareholder value in...
Read Full Article →North Sea rivals weigh bids for exploration assets of ailing Prax Group
Several major independent oil companies in the North Sea are considering offers for Prax Group’s exploration properties following the company’s financial difficulties and the resul...
Read Full Article →Trade war uncertainty prompts halt to eurozone rate cuts
The European Central Bank paused its series of interest rate reductions amid concerns that escalating trade tensions with the United States could negatively impact economic stabili...
Read Full Article →A profit boost for Lloyds, working mums and a trade deal with India
The recent agreement between the UK and India is expected to positively impact Lloyds' financial performance and offer economic benefits to working mothers by enhancing trade oppor...
Read Full Article →UK's biggest lender expects cheaper borrowing by year end
The leading mortgage provider in the UK anticipates a reduction in interest rates later this year, which could lower borrowing costs for consumers and potentially stimulate financi...
Read Full Article →Cleared City traders blame 'purge' as they hit out at rate-rigging prosecutions
The financial impact of the prolonged legal proceedings has been substantial, affecting the livelihoods of traders who assert they were unjustly targeted during investigations into...
Read Full Article →TPG revives Debenhams links with £175m Boohoo debt deal
The £175 million refinancing agreement involving Boohoo highlights renewed financial connections reminiscent of a notable private equity transaction that previously shaped the UK r...
Read Full Article →Tesla looks to cheaper model as revenue suffers worst drop in over a decade
Tesla’s introduction of a more affordable vehicle aims to enhance consumer interest and stabilize income following a significant decline in its recent quarterly earnings.
Read Full Article →UK and India about to sign landmark trade deal but not everyone's happy
The impending trade agreement between the UK and India is expected to boost economic activity, although certain sectors express concerns over potential competitive imbalances and u...
Read Full Article →US and Japan agree trade deal - EU more optimistic
The recent agreement between the US and Japan is expected to influence global markets by potentially reducing trade barriers, encouraging economic cooperation, and prompting optimi...
Read Full Article →Buyout firms circle escrow arm of listed cybersecurity group NCC
Several investment firms, including the private equity owner of Sureserve, are interested in acquiring the escrow division of the publicly traded cybersecurity company NCC Group, i...
Read Full Article →Traders jailed for interest rate rigging have convictions overturned
The Supreme Court's decision to overturn the convictions of two individuals involved in manipulating key financial benchmarks may impact future regulatory enforcement and market co...
Read Full Article →Top global banker sounds warning to Reeves on tax and regulation
The head of a major international bank emphasized the delicate position of London and the UK in worldwide finance, highlighting concerns about tax policies and regulatory challenge...
Read Full Article →Government borrowing soars to second-highest level on record
The substantial increase in government debt last month highlights growing financial pressures caused by higher interest expenses, which may impact future budget allocations and eco...
Read Full Article →Is August trade war escalation on - or will Trump chicken out?
The possibility of renewed trade tensions in August has created uncertainty in financial markets, potentially impacting investor confidence and global economic stability in the com...
Read Full Article →Lakeland-owner Hilco eyes swoop for stricken jeweller Claire's
Hilco, a major investor known for supporting various retail brands, is considering acquiring the UK business of Claire's, a jewellery chain currently experiencing financial difficu...
Read Full Article →CVC kicks off refinancing plan for £9bn portfolio of sports assets
CVC is initiating a restructuring process aimed at securing new funding that could establish the overall worth of its extensive holdings in European sports franchises at over £9 bi...
Read Full Article →Private equity baron Hands eyes voyage with Boatfolk marinas
Guy Hands’s private equity firm is considering acquiring Boatfolk, a major independent marina owner in the UK, potentially impacting investment dynamics within the maritime leisure...
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