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Sky News
Final whistle for Chelsea bidders as bankers kick out string of offers
A string of bidders for Chelsea Football Club including the former US ambassador to the UK have been eliminated from the £3bn auction of last season’s Champions League winners as the hunt intensifies to find Roman Abramovich’s successor as owner.Sky News has learnt that a number of bidders including Woody Johnson, owner of the New …
Business
Sky News
Impossible to imagine boss of P&O isn’t worried after mauling by MPs
The opening question from the committee chair set the tone.“Are you in this mess because you don’t know what you’re doing or are you just a shameless criminal?” It barely improved from there for P&O Ferries CEO, Peter Hebblethwaite.As committee evidence goes – it could hardly have been more blockbuster. Please use Chrome browser for …
Business
Sky News
Apollo lines up banks to finance £6bn takeover bid for Boots
Apollo Global Management, the New York-based buyout giant, is lining up banks to fund a £6bn tilt to buy Boots, Britain’s biggest high street chemist. Sky News has learnt that Bank of America, Credit Suisse and Royal Bank of Canada are among those in talks to help finance a takeover bid from Apollo. Apollo, which …
Business
Evening Standard
Nestle and Renault quit Russia as Brits say they will boycott firms with links
Business
Sky News
P&O Ferries boss admits firm broke law and chose not to consult over sackings as ‘no union would accept proposal’
P&O chose to break the law by not consulting before sacking 800 staff because it knew “no union would accept our proposal”, the head of the ferry company has told MPs – as he revealed new workers are being paid between £5.15 and £6 an hour. Peter Hebblethwaite, chief executive of P&O Ferries, told a …
Business
Sky News
P&O Ferries boss admits law broken over sackings – and reveals new workers earn £5.15 an hour
P&O chose to break the law by not consulting before sacking 800 staff because it knew “no union would accept our proposal”, the head of the ferry company has told MPs – as he revealed new workers are being paid between £5.15 and £6 an hour. Peter Hebblethwaite, chief executive of P&O Ferries, told a …
Business
Business Live
Andy Murray and Issa brothers-backed sportwear brand Castore signs up two-time Ryder Cup player Matt Fitzpatrick
Sportswear brand Castore, which is backed by Sir Andy Murray and the Asda-owning Issa brothers, has signed a deal with two-time Ryder Cup player, Matt Fitzpatrick. Mr Fitzpatrick will be making his debut as a Castore athlete at the first golf major of the year, The Masters. The 27-year-old Englishman and world number 25, will …
Business
Evening Standard
Next boss Simon Wolfson warns on inflation and labour shortages
Business
Business Live
First firms chosen for trials in Plymouth’s £1.8m 5G marine testbed
The first batch of companies have been chosen to run trials at the ground-breaking £1.8m marine-focused 5G testbed Plymouth Smart Sound. Maritime assurance and certification company Lloyd’s Register, the National Physical Laboratory, outsourcing giant Serco, and yachtsman Conrad Humphreys’ organisation for helping young people The Bounty Project are among the first slew of businesses that …
Business
Business Live
Corporate advisory firm GS Verde expands its presence in Bristol
Corporate advisory firm GS Verde has more than doubled its office presence in Bristol following a similar expansion of its Cardiff headquarters. The new offices at Generator Building at Finzels Reach will support the increased staff count across the businesses’ multiple disciplines. GS Verde has made several appointments already this year and is actively recruiting …
Business
Sky News
Boston Celtics owner emerges as latest to target Chelsea transfer
A joint owner of the Boston Celtics basketball team and Atalanta, the Italian football club, has emerged as one of the parties who have tabled offers to buy Chelsea FC.Sky News has learnt that Stephen Pagliuca, a prominent private equity executive who co-chairs Bain Capital, submitted a bid for the Premier League club ahead of …
Business
Business Live
Entrepreneur behind energy brokerage creates jobs with expansion and new venture
An entrepreneur behind a Newcastle energy broker says he is looking for up to 100 new recruits, and plans to create more jobs through a separate new business. Graham Ritchie, 36, managing director of Independent Utility Advice, which employs about 50 people, says demand caused by energy prices means he needs more call centre sales …

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