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Sky News
Gupta-owned Jaguar Land Rover supplier in talks to avert collapse
An arm of Sanjeev Gupta’s industrial empire which counts Jaguar Land Rover as its main customer faces collapse within days amid last-ditch negotiations with its lender.Sky News has learnt that Liberty Aluminium Technologies (LAT) is in detailed talks with Close Brothers in an attempt to avert the division being placed into administration. City sources said …
Business
Sky News
Private equity swoop for Morrisons shows how hot the sector is
One of America’s leading private equity firms is circling Morrisons – and it looks like becoming the most controversial takeover approach for a British company since Pfizer’s tilt at AstraZeneca seven years ago.The Daily Mail, which has been running a campaign for a while now opposing the takeover of UK companies by private equity firms, …
Business
Sky News
Private equity firm confirms Itsu deal to secure expansion creating 2,000 jobs
Private equity firm Bridgepoint has confirmed a deal to take a stake in fast-food chain Itsu which it says will help create 2,000 UK jobs within the next five years.Bridgepoint is buying a minority holding in the Asian-inspired chain, which is planning to add 100 new outlets over that time period. The announcement did not …
Business
Sky News
Lockdown hit to theatres, Morrisons takeover approach and fitness mirrors
How the “Freedom Day” delay is hitting the theatre industry: Ian hears from the boss of Sadler’s Wells about the need to get back to full capacity.Plus, reaction as Morrisons rejects an approach from a US equity firm, and VAHA chief executive Valerie Bures-Bönström on the interactive mirror which acts as a personal trainer.:: Listen …
Business
Business Live
Pensana raises £15m to kickstart construction of Saltend magnet metals plant
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Business
Evening Standard
Morrisons shares surge after takeover offer despite doubts over prospect of rival Amazon bid
Supermarket shares raced up today after US private equity giant Clayton, Dubilier & Rice launched a £5.5 billion takeover bid for Morrison immediately triggering hopes of a counterbid from Amazon.The US buyout group CD&R lodged a bid at 230p a share – a 29% premium to the share price on Friday night and today the …
Business
Evening Standard
Google pulls startup support out of Silicon Roundabout site
Google’s UK startup support network is to let go of its seven-storey site by Silicon Roundabout after pivoting online-only during the pandemic.Google for Startups (GFS) has provided mentoring and access to co-working space and Google services for selected early stage companies from its London site since 2012. It has supported startups that have raised over …
Business
Business Live
Social Chain co-founder Dominic McGregor hired by Government
Business
Evening Standard
Google pulls start-up support out of Silicon Roundabout site
Google’s UK startup support network is to let go of its seven-storey site by Silicon Roundabout after pivoting online-only during the pandemic.Google for Startups (GFS) has provided mentoring and access to co-working space and Google services for selected early stage companies from its London site since 2012. It has supported startups that have raised over …
Business
Evening Standard
Anthony Joshua to create athlete-focused CBD products with Love Hemp and join brand as shareholder
Boxer Anthony Joshua is to become a key shareholder in cannabidiol brand Love Hemp.The two-time world heavyweight champion has signed a three-year tie-up that will see him act as ambassador for the Aquis-listed company, and collaborate on a licenced range of CBD products for athletes.CBD stands for cannabidiol -the non-psychoative compound in cannabis plants. It is used medicinally to treat conditions including …
Business
Business Live
Welsh Government launches Young Person’s Guarantee to prevent a ‘lost generation’ after pandemic
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Business
Business Live
Extensive recovery plan for region after ‘devastating’ £3bn Covid hit

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