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Sky News
Blackstone-backed events group sends Clarion call for latest acquisition
The company behind the London International Horse Show is close to acquiring a leading organiser of one-to-one meetings for senior executives, as the industry continues its recovery from the pandemic.Sky News understands that Clarion Events, which is majority-owned by the private equity giant Blackstone, is about to buy Consero, which specialises in in-person and virtual …
Business
Euro News
Google agrees to pay AFP for its online content in deal that could shape how we consume news
Business
Business Live
Grainger sees profits and revenues rise on the back of rental sector strategy
Property group Grainger plc has seen a big rise in profits on the back of its strategy to build up its presence in the private rental market increased revenues. The Newcastle firm has release full-year results for the period ending September 30 which show that total revenue rose 16% to £248.9m while operating profit went …
Business
Business Live
New gift card wraps up physical and digital purchases in city shops and leisure outlets
Bradford city centre’s high street shops, bars, restaurants and leisure venues have been handed a much-needed boost in the Christmas run-in. The Bradford City Centre Gift Card has launched, and it can be used at around 70 businesses – including the football club. Brought forward by Bradford Business Improvement District, shoppers will be able to …
Business
Evening Standard
Metro Bank shares crash as bidder Carlyle walks away
METRO Bank shares crashed 18% today after private equity firm Carlyle ditched its takeover pursuit of the troubled lender.Carlyle first disclosed bid talks with Metro at the start of the month and had until December 2 to make a firm bid. Today it decided to pull the plug on talks.Metro said in response that the …
Business
Business Live
Henry Boot wins £47m contract to deliver The Cocoa Works in York creating 279 homes
A prestigious urban development scheme in York has appointed Henry Boot to deliver on the £47 million contract. The city’s historical Rowntree Factory is being converted into 279 high-quality characterful apartments by Latimer, the development arm of Clarion Housing Group. It has now appointed the Sheffield-headquartered construction giant, completing its 2022 order book in the …
Business
Business Live
ADVERTORIAL: Interactive map beautifully illustrates phenomenal efforts to tackle climate change in the UK
Climate change is an incredibly fragile topic of discussion. The concept alone can be traumatic for some, and the bleak reality of the delicate state our planet is in can be a bitter pill to swallow. But discussing the climate doesn’t have to feel bleak or depressing, because there is already so much wonderful work …
Business
Evening Standard
Metro Bank shares crash as bidder walks away
METRO Bank shares crashed 18% today after private equity firm Carlyle ditched its takeover pursuit of the troubled lender.It had until December 2 to make a firm bid, but has now walked away.Metro said in response that the board “strongly believe in the standalone strategy”.Rising interest rates ought to be good for all banks, but …
Business
Sky News
Costa Coffee to serve a range of M&S food after hit to availability from supply chain crisis
Costa Coffee has revealed a partnership to sell Marks & Spencer (M&S) food in stores and drive-thru sites from next spring.The move will likely be seen as building supply chain resilience following disruption to product availability across the fast food sector in recent months. It would add more than 30 products, including sandwiches and salads, …
Business
Sky News
Metro Bank focuses on standalone future as takeover talks fall through
Metro Bank shares have fallen back sharply after a US private equity firm said it had ended its interest in a takeover.Carlyle’s talks over a possible offer were revealed by the bank earlier this month – sending Metro’s shares up by almost a third. Its market value plunged by 16% on confirmation negotiations had ended, …
Business
Business Live
Goldman Sachs buys The Belfry
Famous golf course and hotel resort The Belfry has been sold. Goldman Sachs Asset Management and Cedar Capital Partners have teamed up to buy the site near Sutton Coldfield from KSL Capital Partners in an undisclosed deal. The Belfry has three 18-hole golf courses and has hosted the Ryder Cup four times – more than …
Business
Evening Standard
Royal Mail posts £6bn of sales thanks to online shopping boom
Royal Mail revenues raced past £6 billion in the last six months as the online shopping boom continued to transform the formerly struggling business.Lockdown was good for the Royal Mail, as posties became one of the heroes of the pandemic.While the letters arm remains in structural decline – it is down 60% since 2004 – …

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