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Sky News
Cobham eyes potential disposals after agreeing £2.57bn Ultra takeover deal
Military technology supplier Ultra Electronics faces a potential disposal of part of the business after agreeing to a £2.57bn takeover by US-owned defence group Cobham – a deal being closely scrutinised by the government.Cobham said it would seek to agree legally-binding commitments with the government to safeguard UK national security and jobs as part of …
Business
Business Live
Works starts on new Sandvik Coromant head office
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Business
Evening Standard
Future shares rise after £300 million deal to acquire The Week publisher
Acquisition-hungry media group Future saw shares rise by as much as 6% on Monday morning after it revealed it had inked a £300 million deal to snap up a host of titles including current affairs magazine, The Week.The deal to acquire Dennis Publishing will help Future, already behind 200 titles including Marie Claire, significantly increase …
Business
Evening Standard
Ultra Electronics board backs takeover after UK interests legal deal
Defence firm Ultra Electronics today formally backed a £2.6 billion takeover after its private equity-owned suitor Cobham agreed to make a series of legally binding commitments to protect UK interests.The agreement with Cobham, which itself was bought for £4 billion by Boston-based Advent International last year, covers undertakings on national security and safeguarding and creating …
Business
Business Live
Maurice Watkins CBE: Director who brought Sir Alex Ferguson to Manchester United dies
Business
Business Live
Funding instrument for seafood industry body under scrutiny in major strategic review
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Business
Business Live
SPONSORED: Last chance to enter the Western Morning News Business Awards
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Business
Business Live
Inside India Buildings as four-year renovation project completes and HMRC staff move in
Business
Sky News
Regulator asks for power to shut down ticket resale websites that break rules
Ticket re-sale sites such as viagogo and Stubhub should face a tough new licensing regime which could see companies that break the rules shut down, the UK competition watchdog has said.The Competition and Markets Authority (CMA) said it had taken strong action in recent years to protect customers but there was a limit to what …
Business
Sky News
Electricity deals that might not be as ‘green’ as they seem to be reviewed by government
The way “green” electricity tariffs are sold to millions of households is to be reviewed by the government amid concerns that their environmental benefits could be overstated.Energy companies are able to market deals in this way even if some of the energy they supply comes from fossil fuels – because they offset this by sourcing …
Business
Sky News
Asda and National Express offer rewards for young people getting COVID jab
Asda and National Express are among a number of firms set to offer rewards to young people getting a COVID jab.Free Now taxis, lastminute.com and Better leisure centres will also offer incentives for those booking in for a vaccine. Uber, Bolt and Deliveroo have already said they will offer discounted rides and meals for customers …
Business
Sky News
India’s £972bn infrastructure plan to boost economy and tackle climate change
India is set to spend 100trn rupees (£972bn) on a national infrastructure plan to boost economic growth and help the country meet its climate goals.Speaking as part of Independence Day celebrations in Delhi, Prime Minister Narendra Modi said the programme will “create job opportunities for hundreds of thousands of young people”. “It will help local …

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