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Ministers under pressure to order inquiry into private equity plundering of British firms as Smiths Group becomes latest to be targeted by foreign predator TA Associates have made a £2billion approach for Smiths Group’s medical division, which makes for hospital ventilators and has around 100 staff in the UK A successful sale would see the company, … Read more
World’s biggest economies back ‘historic’ agreement to reform international tax – piling pressure on smaller countries to sign up By Daily Mail City & Finance Reporter Published: 21:50 BST, 11 July 2021 | Updated: 21:50 BST, 11 July 2021 The world’s biggest economies have backed the ‘historic’ agreement to reform international tax – piling pressure … Read more
Asos to report booming UK sales thanks to return of socialising and its acquisition of Arcadia’s Topshop By Daily Mail City & Finance Reporter Published: 21:50 BST, 11 July 2021 | Updated: 21:50 BST, 11 July 2021 Asos will report booming UK sales this week thanks to the return of socialising and its acquisition of … Read more
Apple’s lawyers warn it could quit UK market if court forces company to pay ‘commercially unacceptable’ fee for technology used in its iPhones By Helen Cahill, Financial Mail On Sunday Published: 21:51 BST, 10 July 2021 | Updated: 21:51 BST, 10 July 2021 American tech giant Apple has threatened to quit the UK over a … Read more
Apple’s lawyers warn it could quit UK market if court forces company to pay ‘commercially unacceptable’ fee for technology used in its iPhones By Helen Cahill, Financial Mail On Sunday Published: 21:51 BST, 10 July 2021 | Updated: 21:51 BST, 10 July 2021 American tech giant Apple has threatened to quit the UK over a … Read more
Tycoon Elliott Bernerd in talks to buy stake in surveying firm in move that could eventually see return of his Chelsfield empire to stock market By Ben Harrington, Financial Mail on Sunday Published: 21:50 BST, 10 July 2021 | Updated: 21:50 BST, 10 July 2021 Tycoon Elliott Bernerd is in talks to buy a stake … Read more
US predator swoops on giant UK engineer: Smiths Group faces break-up as private equity buyer offers £2bn for FTSE 100 firm’s medical arm City sources said Smiths Group has been holding talks with Boston-based TA Associates Bankers from Goldman Sachs are said to be working on the deal The Americans have made an approach for … Read more
Exports to the European Union bounce back following slump in trade after Brexit By Hugo Duncan for the Daily Mail Published: 21:53 BST, 9 July 2021 | Updated: 22:06 BST, 9 July 2021 Exports to the European Union have bounced back following a slump in trade after Brexit. Britain sold £14.2billion of goods to the … Read more
Fintech star Wise powers towards £10bn value after just three days on the stock market By Daily Mail City & Finance Reporter Published: 21:55 BST, 9 July 2021 | Updated: 21:55 BST, 9 July 2021 Financial technology star Wise’s value is heading for £10billion after just three days on the stock market. The British firm … Read more
No excuse for richer firms to withhold rent, says struggling shopping centre owner Land Securities By Matt Oliver For The Daily Mail Published: 21:54 BST, 9 July 2021 | Updated: 21:54 BST, 9 July 2021 One of Britain’s biggest landlords has taken aim at cash-rich companies that are using the pandemic as an excuse to … Read more