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US private equity giant Apollo won’t bid for Morrisons – but could join takeover consortium
A US private equity giant that was weighing up a bid for Morrisons has decided not to make a solo offer for the supermarket.Apollo Global Management said it is instead now in talks to join a consortium which has already agreed to take over the UK business in a £6.3bn deal. It is the latest …
Business
Sky News
EasyJet says fewer than half of summer trips sold as customers leave it late
EasyJet has revealed that fewer than half of UK flights for this summer have been booked as customers leave it late to arrange trips.The budget airline said capacity for the usually lucrative July-September period was just 44% sold, down from 69% in the same period in 2019 before the pandemic. It said customers “are currently …
Business
Sky News
PM faces backlash over decision to make people prove double vaccine status to enter nightclubs
The government’s plan to require people to prove double vaccination status when entering nightclubs and other “crowded venues” from the end of September has been condemned as an “absolute shambles”.Boris Johnson revealed on Monday that in two months’ time, those wishing to enter venues where large numbers of people gather in England will need to …
Business
Sky News
No stampede for the office as England’s ‘Freedom Day’ is dominated by caution
A return to the daily commuter grind is a strange way to celebrate freedom, so there was no rush-hour, or much of a rush at all at among travellers at Didcot Parkway on the day the work-from-home order was finally lifted.Didcot is a 40-minute journey from London, its importance to the growing Oxfordshire commuter belt …
Business
Evening Standard
Gousto to let staff work from abroad for a month each year, says meal kit unicorn’s founder
So-called “Freedom Day” has left both management and staff eager for long-term certainty on flexi-working policies and office requirements – and meal kit provider Gousto has become the latest company to reveal significant changes. Ministers lifted many of the UK‘s remaining Covid restrictions on Monday, including the “work from home if you can” directive. Gousto …
Business
Sky News
Private equity suitors circle £400m LloydsPharmacy chain
A trio of financial investors are circling one of Britain’s biggest chains of chemists as its American owner finalises its retreat from an expensive foray into Europe.Sky News has learnt that Aurelius Group, Epiris and HIG Europe are expected to table formal bids this week for LloydsPharmacy, which employs well over 15,000 people. The offers …
Business
Sky News
Major sponsor Toyota won’t air Tokyo Olympics ads or attend opening ceremony
Toyota will not show Olympic-related TV ads and its executives will not attend the event’s opening ceremony – despite being one of its top corporate sponsors.The decision by Japan’s top carmaker comes as the country’s decision to go ahead with hosting the delayed Games despite rising COVID-19 case numbers divides public opinion. Toyota became the …
Business
Evening Standard
Arsenal, Spurs and Chelsea lack ambition and should ask the City of London for help
A Twitter meme over the weekend parodied an Arsenal bid for England star Jack Grealish.An angry corner shop customer demands the price of a can of Red Bull. “1.49” says the shopkeeper. “I’ve got 50p” says the customer, who slams the money on the counter and walks out shouting abuse.He isn’t willing to pay the …
Business
Evening Standard
How winning a luxury watch could help save the planet
Luxury watches and tree planting might not seem obvious bed partners.Brad Drake, the 34 year-old entrepreneur behind Luxury Watch Supply has tried to change that – his business plants a tree every time someone buys a ticket to enter a prize draw to win what for many would be the watch of their dreams.How did …
Business
Sky News
Iceland and Greene King latest to be hit by ‘pingdemic’ closures
Iceland supermarkets and Greene King pubs have become the latest to be affected by the so-called “pingdemic” – which is disrupting businesses as workers receive alerts telling them to self-isolate.Greene King said it has had to close 33 pubs in the past week while Iceland’s boss Richard Walker told the BBC more than 1,000 staff …
Business
Sky News
China accused of ‘systematic cyber sabotage’ by UK and allies
The Chinese government has been accused of “systematic cyber sabotage” in statements by the UK and allies, including the US, NATO, and the European Union.The allies are announcing that they believe Chinese state-sponsored hackers were responsible for an attack earlier this year which “indiscriminately” compromised an estimated 400,000 servers worldwide, leaving them exposed to criminals. …
Business
Business Live
Vaulkhard Group’s new Cuban bar and restaurant Castro’s to create new jobs
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