Lone Star has £862m final bid for engine parts maker Senior rejected

US predator has its £862m final bid for aircraft and car parts maker Senior rejected By Matt Oliver For The Daily Mail Published: 22:23 BST, 22 June 2021 | Updated: 22:55 BST, 22 June 2021 Takeover target: Senior supplies parts to jet engine manufacturer Rolls-Royce Aircraft and car parts maker Senior declared victory after fighting … Read more

Revolut sees losses double despite cashing in on cryptocurrency boom

Banking app Revolut saw losses almost double in 2020 despite cashing in on the cryptocurrency boom, as it continued to expand rapidly around the world and saw staff costs jump. The fintech company chaired by the former boss of Standard Life Aberdeen, Martin Gilbert, said it made a £39million gain on its cryptocurrency investments last year. … Read more

UK remains the top hub for European finance

UK is still Europe’s ‘destination of choice’ for investment in financial services – but has lost ground to France By Daily Mail City & Finance Reporter Published: 00:01 BST, 21 June 2021 | Updated: 00:01 BST, 21 June 2021 The UK is still Europe’s ‘destination of choice’ for investment in financial services – but has … Read more

Hospitality is reeling from staff shortage in lockdown

Industry leaders warn PM Boris Johnson’s end-of-lockdown betrayal has exacerbated chronic staff shortages faced by restaurants, bars and hotels By Daily Mail City & Finance Reporter Published: 21:50 BST, 20 June 2021 | Updated: 21:50 BST, 20 June 2021 Boris Johnson’s end-of-lockdown betrayal has exacerbated the chronic staff shortage faced by restaurants, bars and hotels, … Read more

Morrisons rejects £5.5bn takeover approach by private equity firm

Morrisons rejects £5.5bn takeover approach by private equity firm advised by former Tesco boss Sir Terry Leahy By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 June 2021 | Updated: 09:44 BST, 20 June 2021 Grocery giant Morrisons has rejected a £5.5billion takeover approach by a US private equity firm advised by former … Read more

Profits made by Britain’s biggest children’s home provider a ‘scandal’

Campaigners claim profits made by Britain’s biggest children’s home provider a ‘scandal’ By Daily Mail City & Finance Reporter Published: 22:00 BST, 18 June 2021 | Updated: 22:00 BST, 18 June 2021 The profits made by Britain’s biggest children’s home provider are a ‘scandal’, claim campaigners.  Caretech increased its profits by 140 per cent to … Read more

Boohoo set to join official ‘list of shame’ after investors rebel over fat cat pay

Fashion giant Boohoo set to join official ‘list of shame’ after investors rebel over fat cat pay: But founder survives By Matt Oliver For The Daily Mail Published: 21:51 BST, 18 June 2021 | Updated: 22:07 BST, 18 June 2021 Fashion giant Boohoo is set to join an official ‘list of shame’ after investors rebelled … Read more