US hedge fund circles British housebuilder Countryside 

US hedge fund Inclusive Capital Partners circles British housebuilder Countryside with £1.5bn bid By Daily Mail City & Finance Reporter Published: 21:55 BST, 6 June 2022 | Updated: 09:46 BST, 7 June 2022 US hedge fund Inclusive Capital Partners is attempting a hostile £1.5bn takeover of Countryside Partnerships A US hedge fund has stepped up … Read more

THG shares soar as bidding war looms for online beauty retailer

Shares in THG soar as investors prepare themselves for prospect of multibillion-pound bidding war for online beauty retailer THG stock rose by 24.5%, sending its value up by almost £400m to £1.8bn  Company said it had rejected bid approach from Belerion and King Street Property mogul Nick Candy announced his intention to take over THG … Read more

Royal Mail at a ‘crossroads’: Should investors take the plunge?

Royal Mail has admitted it is at a ‘crossroads’ and needs to urgently transform its operations if it is to survive and thrive in post-pandemic Britain. Parcel demand and profits have fallen at the group over the past year and boss Simon Thompson’s proclamation that ‘we have no time to waste’ has unnerved investors and … Read more

UK supermarkets slash hundreds of prices as inflation exacerbates cost-of-living crisis

Supermarkets are slashing the prices of hundreds of products as customers face a cost-of-living crisis – with Asda and Morrisons reducing the cost of tea bags, eggs, meat and cereal by up to 13 per cent on average. As part of plans to invest £73 million and supports its staff, Asda is also increasing the … Read more

Industrial parts distributor Diploma sees shares jump 10%

Industrial parts distributor Diploma shares jump 10% as London-listed firm boosts outlook and pushes ahead with acquisition plans Diploma shares jumped sharply today amid group’s latest upbeat forecasts  By Jane Denton For Thisismoney Published: 10:13 EDT, 12 April 2022 | Updated: 11:29 EDT, 12 April 2022 Diploma shares surged on Tuesday after the group said it … Read more

NHS nurse says she skips meals so her children can eat

‘I skip meals so my children can eat’: NHS nurse and mother-of-three who’s left with just £80 a week after bills says she’s ‘at breaking point’ but has to ‘find a way’ for the sake of her family Rebeccah, from Leicester, is a part-time radiology nurse and a mother of three After paying bills, she … Read more

Rishi’s popularity with Tory activists slumps amid cost-of-living crisis

Rishi’s popularity with Tory activists slumps amid cost-of-living crisis and backlash at mini-Budget… while Ben Wallace stays top Rishi Sunak has slipped down the Cabinet rankings among the Tory grass roots Regular ConservativeHome survey of readers is closely watched by ministers Defence Secretary Ben Wallace is top amid plaudits for his Ukraine response   By James … Read more

BUSINESS LIVE: Inflation jumps to 6.2%; UK awaits Spring Statement

BUSINESS CLOSE: Chancellor softens NI blow to voters; inflation jumps to 6.2% in February; Petrofac profits halve; pound at $1.32 By Mike Sheen For This Is Money Published: 07:34 GMT, 23 March 2022 | Updated: 17:18 GMT, 23 March 2022 The FTSE 100 closed down 16.09 points at 7460.63 after Chancellor Rishi Sunak delivered his … Read more

Spring Statement 2022 live: Analysis and reaction as it happens

SPRING STATEMENT: The analysis and reaction as it happened – fuel duty is cut, NI hikes softened and an income tax rabbit in the hat Chancellor Rishi Sunak to deliver his speech at 12.30pm Will fuel duty to be reduced? Could National Insurance hikes be watered down?   Follow the build-up, the speech and aftermath with … Read more