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Evening Standard
Barratt’s £2.5bn buyout of Redrow set to complete despite watchdog’s concerns
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Housebuilder Barratt is set to complete its purchase of Redrow later this week, despite a UK watchdog saying local competition concerns need …
Business
Evening Standard
Average household energy bill set to jump by 9% in October, say experts
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The average household energy bill is set to rise by 9% in October when the latest change to the price cap takes …
Business
Sky News
Housebuilders push ahead with £2.5bn merger
A planned £2.5bn merger between British housebuilders Barratt Developments and Redrow Plc looks set to go ahead despite concerns from the competition regulator.It comes after Barratt announced on Monday it planned to push ahead and start the process of taking over its rival this week, even though the two firms will officially remain separate until …
Business
Sky News
Housing market demand surges
The housing market experienced a surge in activity following the Bank of England’s recent decision to cut interest rates, according to a leading property website.Estate agents reported a 19% jump in enquiries about properties for sale after 1 August, when compared with the same period last year, research by Rightmove found. It came after the …
Business
Evening Standard
Wingstop to open six more stores across UK this year in boost for chicken chain
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Wingstop is to open six more shops this year, adding 300 new jobs to its 2,500-strong workforce, it said on Monday.The company …
Business
Evening Standard
Ted Baker’s remaining UK stores ‘to close’
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Ted Baker’s remaining 31 stores in the UK are reportedly set to close this week, putting more than 500 jobs at risk.Sky …
Business
Sky News
Ted Baker shops shut for good amid doubts over Frasers deal
Dozens of Ted Baker stores will shut for the last time this week amid growing doubts over a future licensing partnership with the retail tycoon Mike Ashley.Sky News understands that talks between Mr Ashley’s Frasers Group and Authentic, Ted Baker’s owner, have stalled three months after it appeared that an agreement was imminent. Administrators to …
Business
Evening Standard
Coca-Cola hails Olympics recycling trial ahead of UK deposit return scheme
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Coca-Cola said its trial of a “closed loop” recycling scheme at the Paris Olympics has been a “valuable” test ahead of a …
Business
Business Live
Height access specialist UbiQ acquired by risk management group British Engineering Services
A company whose team specialises in working at height and in confirmed spaces has been acquired by a Manchester risk management specialist. UbiQ Group, based in Stoke-on-Trent, has a team of 20 staff who can carry out tasks such as inspections, surveys, maintenance and cleaning in difficult locations, such as on water or where rope …
Business
Business Live
Carpetright’s £350m debt revealed: Inside the collapse and rescue by Tapi
Carpetright owed almost £350m when it collapsed into administration with the loss of more than 1,500 jobs before being rescued. The Essex-headquartered carpet and tiling retailer was acquired by rival Tapi in July, saving the jobs of over 300 people and 54 stores. At the time of its collapse, Carpetright ran 273 stores across the …
Business
Sky News
Six Nations backer CVC eyes stake in Grant Thornton UK arm
The private equity backer of Six Nations Rugby is plotting to buy a stake in one of Britain’s biggest audit firms – a deal which could have ramifications across the professional services sector.Sky News has learnt that CVC Capital Partners is among the buyout firms preparing to table bids for a controlling stake in Grant …
Business
Sky News
ASLEF union denies new government seen as ‘soft touch’ as fresh strikes announced
ASLEF’s lead negotiator has denied the union sees the new government as a “soft touch” after announcing fresh strikes two days after train drivers were offered a pay deal.Drivers working for London North Eastern Railway (LNER) – which runs the passenger service on the East Coast main line between London and Edinburgh – will walk …

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