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Sky News
Morrisons agrees £6.3bn takeover bid by consortium pledging to be ‘good stewards’
Supermarket giant Morrisons has agreed a takeover offer from a consortium in a deal worth £6.3bn.The move follows the rejection of an earlier £5.5bn bid from one of the world’s biggest buyout firms, Clayton Dubilier & Rice (CD&R), which the grocery chain said “significantly undervalued” the business. Under the terms of the agreed deal with …
Business
Business Live
SPONSORED: Who will be Leicestershire’s Company of the Year?
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Business
Business Live
Independence put the ‘i’ in Nisa – and it is backing this weekend’s promotion
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Business
Sky News
Vauxhall’s at-risk Ellesmere Port car plant to be kept motoring by electric vehicle production
The future of Vauxhall’s Ellesmere Port car plant is set to be secured through production of a new electric vehicle, with an announcement possible as soon as next week.Ministers have been in talks with Vauxhall owner Stellantis for months over providing government support for the plant, and Sky News understands the manufacturer has signed off …
Business
Business Live
Asda moves to permanent flexible working for HQ staff
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Business
Sky News
Robinhood app involved in Gamestop frenzy makes moves towards stock market listing
Robinhood, the online trading platform linked to an upsurge in armchair investors during the pandemic, has taken its first step towards floating on the stock market.The US company, under scrutiny after this year’s trading frenzy which saw it curb the buying of shares in the struggling retailer Gamestop, is aiming for a valuation of more …
Business
Business Live
PwC appoint new partner and directors in Wales and south-west of England
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Business
Evening Standard
Market report: Travel takes off as passengers begin to board
Richard Branson, never knowingly catching the public mood, says he is going to beat Jeff Bezos into space by nine days. Because that’s important.The non-celestial travel industry has got its own problems, but there were signs today of some sort of lift-off heading into the summer.Ryanair says it flew 5.3 million people in June up …
Business
Evening Standard
GlaxoSmithKline comes out fighting for CEO Emma Walmsley in rebuttal of activist attack
GlaxoSmithKline today issued a forceful rebuttal of criticism from activist investor Elliott and declared its full-throated support for chief executive Emma Walmsley.Elliott Advisers yesterday slammed Walmsley’s record and hinted that her lack of a pharmaceuticals background meant she was not an appropriate leader of the company once it demerges its consumer healthcare business.In an excoriating …
Business
Sky News
Job vacancies, commercial space flights and vodka
In today’s business podcast, Sky’s Ian King talks to the employment minister about the UK’s highest number of job vacancies since before the pandemic, Richard Branson is set to go into space this month and ahead of England’s match against Ukraine tomorrow, Ian takes a look at the country’s national spirit.:: Listen and subscribe to …
Business
Business Live
ADVERTORIAL: Gloucestershire firm encourages and invests in employees of the future
A world-leading manufacturer with a state-of-the-art HQ in Gloucestershire says it values its apprentices for bringing fresh ideas to the company. Dowty Propellers has a Gloucestershire heritage dating back over 80 years, making propeller blade systems for use on commercial and military turboprop aircraft and seacraft. The firm is one of the biggest employers of …
Business
Evening Standard
Goldman softens WFH stance but City still “centre of gravity”
GOLDMAN Sachs seemed to relax its stance on working from home somewhat today, but it still thinks offices including the main one in London are the “centre of gravity”.Amid a battle between staff demanding more flexible work deals and businesses keen to see offices at least half-full, some City firms have taken a tough-line, albeit …

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