Private equity firm CVC Capital Partners, which recently went public in Amsterdam, is currently in advanced negotiations to acquire M Group, one of the largest infrastructure services providers in Britain. Sources have revealed that CVC has emerged as the sole remaining bidder, beating out competitors
A well-known Indian-born tycoon, Prakash Hinduja, along with his wife Kamal and their son Ajay and daughter-in-law Namrata, have been sentenced to prison for exploiting their domestic workers and providing unauthorized employment. The four family members were cleared of more serious charges of human trafficking,
Former Head of Union for Sub-Postmasters Denies Claims of Being “Too Close” to Post Office and Lacking Sympathy for Wrongfully ConvictedGeorge Thomson, former General Secretary of the National Federation of Sub-Postmasters (NFSP), appeared before the Post Office inquiry on Friday to address allegations that the
Yodel Shift Group, a parcel delivery group previously owned by the proprietors of The Daily Telegraph, is reportedly in talks with potential financial backers to secure additional funding. According to sources, these discussions include London-listed Paypoint, a company with a partnership through its Collect Plus
Retail sales saw a significant increase of 2.9% in the month of May, surpassing economists’ expectations. According to officials, this rise can be attributed to various factors such as improved footfall, better weather, and attractive deals that enticed shoppers to return to high streets.This surge
British soft drinks company Britvic has confirmed that it has received two takeover approaches from Danish brewing giant Carlsberg this month. The first offer, valued at £2.99bn, was rejected. The second offer, valued at £3.1bn, was also rejected due to being significantly undervalued.Carlsberg, the third
Tata Steel workers to hold “all-out indefinite strike” next monthAround 1,500 workers at Tata Steel are set to commence an “all-out indefinite strike” beginning on 8 July, as announced by the union Unite. The strike will take place at the company’s sites in Port Talbot
<?xml encoding="utf-8" ?????????>Lord Alan Sugar has officially invested in R Nation, the company run by Rachel Woolford, the latest winner of BBC One’s The Apprentice. Woolford secured the £250,000 investment after defeating Phil Turner in the show’s final, which aired in April.According to documents filed
DICT Asst. Secretary for Consumer Protection Wilroy Ticzon, DICT Asst. Secretary for Legal Affairs Renato Paraiso, and DICT Asst. Secretary for Infrastructure Management Philip Varilla join the BingoPlus Foundation team during the Bayang Digital, Bagong Pilipinas Expo.DigiPlus Interactive Corp., through its social development arm BingoPlus
<?xml encoding="utf-8" ?????????>Sir Jim Ratcliffe, the chief executive of Ineos and co-owner of Manchester United, has criticised Labour’s green energy plans, claiming they could tax North Sea oil and gas production “out of existence”.This comes just days after he publicly supported Labour leader Sir Keir
<?xml encoding="utf-8" ?????????>A recent report suggests that some pensioners are already paying income tax on their state pensions, contradicting the Conservative Party’s pledge to keep these pensions tax-free.The standard new state pension is currently below the £12,570 income tax threshold, but future increases could push
<?xml encoding="utf-8" ?????????>A recent survey by Robert Walters, the recruitment firm, has revealed that nearly three quarters of British professionals believe virtual meetings hinder their productivity, raising concerns about “virtual burnout.”More than half of the professionals surveyed reported that virtual meetings “regularly” interrupt their working