Last of three Persimmon executives to cash in from £185m bonus scheme is leaving housebuilder By Daily Mail City & Finance Reporter Published: 17:10 EDT, 26 July 2021 | Updated: 17:44 EDT, 26 July 2021 The last of the three Persimmon executives to cash in from a £185m bonus scheme is leaving the housebuilder. Finance … Read more
First Group’s largest shareholder demands chief executive resigns as it steps up battle with transport group By Francesca Washtell For The Daily Mail Published: 17:11 EDT, 26 July 2021 | Updated: 17:43 EDT, 26 July 2021 Fist Group’s largest shareholder has demanded its chief executive resign as it steps up its battle with the transport … Read more
Boss of world’s largest hedge fund dismisses bitcoin and other cryptocurrencies as having ‘no inherent worth’ By Tom Harmsworth For The Daily Mail Published: 17:11 EDT, 26 July 2021 | Updated: 17:43 EDT, 26 July 2021 The boss of the world’s largest hedge fund has dismissed bitcoin and other cryptocurrencies as having ‘no inherent worth’. … Read more
Ministers under pressure to block private equity takeover of defence group Ultra Electronics: Lord Heseltine slams £2.6bn bid from Advent Heseltine accused the business secretary Kwasi Kwarteng of ‘abandoning industrial strategy’ Ultra Electronics provides highly sensitive electrical engineering and software services to the military, including the Royal Navy Advent, through Cobham, has tabled an offer … Read more
Investors welcoming return of dividends as payouts roared back between April and June By Daily Mail City & Finance Reporter Published: 16:51 EDT, 25 July 2021 | Updated: 16:51 EDT, 25 July 2021 Investors will be welcoming the return of the dividend as payouts roared back between April and June. Savers who were denied most … Read more
Lord Heseltine claims private equity buyout of Morrisons is ‘another example of a company going to the knacker’s yard’ By Daily Mail City & Finance Reporter Published: 16:50 EDT, 25 July 2021 | Updated: 16:50 EDT, 25 July 2021 The private equity buyout of Morrisons is ‘another example of a company going to the knacker’s … Read more
Report warns Britain faces repeat of Carillion collapse because big companies ‘cannibalise’ balance sheets to boost dividends to shareholders By Adam Luck, Financial Mail On Sunday Published: 16:50 EDT, 24 July 2021 | Updated: 17:23 EDT, 24 July 2021 Britain faces a repeat of the Carillion collapse because big companies have ‘cannibalised’ their balance sheets … Read more
Activist investor Elliott pumps another £20m into British start-up bank Chetwood By Emma Dunkley, Financial Mail On Sunday Published: 16:50 EDT, 24 July 2021 | Updated: 17:23 EDT, 24 July 2021 Activist investor Elliott has pumped another £20million into British start-up bank Chetwood. The latest investment from the New York-based hedge fund takes its stake … Read more
Embattled GlaxoSmithKline boss Emma Walmsley expected to reinforce her defences against Elliott when pharma giant posts improving revenues By Alex Lawson, Financial Mail On Sunday Published: 16:50 EDT, 24 July 2021 | Updated: 17:22 EDT, 24 July 2021 Embattled GlaxoSmithKline chief Emma Walmsley is expected to reinforce her defences against corporate raider Elliott this week … Read more
Royal Mail asks most successful managers to help improve its worst performing delivery offices By Alex Lawson, Financial Mail On Sunday Published: 16:50 EDT, 24 July 2021 | Updated: 17:22 EDT, 24 July 2021 Royal Mail has asked its most successful managers to help improve its worst performing delivery offices. Chief executive Simon Thompson has … Read more