Boots bidder lines up banks to finance
The private equity firm circling Boots the Chemist’s parent company is lining up financing from a syndicate of banks for a prospective $10bn-plus takeover deal.
IT refurbisher Reconome lands £3m funding from
A certified B Corporation company which repurposes electronic equipment to benefit schools and charities has landed more than £3m in funding from a London-based investor.
Fintech Demica swallowed by American giant FIS
Another leading technology company is being swallowed up in a transatlantic takeover that will underline the scale of the raid on some of Britain’s most promising businesses.
British hedge fund manager given 12-year jail
A British hedge funder trader has been sentenced to 12 years in prison in Denmark over a £1bn tax fraud.
Royal Mail fined £10.5m after missing delivery
Royal Mail has been fined £10.5m for missing postal delivery targets.
Economy in shock decline during October
The economy remained in reverse gear during October, according to official figures covering the month ahead of the government’s first budget.
Deeper story behind UK’s fragile food security
It might be tempting, given how much coverage has focused on it recently, to assume the forthcoming changes to the inheritance tax regime are the single biggest issue facing farmers these days.
Telegraph hands out bonuses as ownership uncertainty
The Daily Telegraph’s publisher is to hand hundreds of staff a £500 bonus this month as uncertainty over its ownership looks set to stretch into a third calendar year.
Euro area cuts interest rates again as
A third successive interest rate cut has been ordered by the European Central Bank (ECB) to help arrest a slowdown across the euro area.
Mark Zuckerberg’s Meta donates $1m to Trump’s
Mark Zuckerberg’s firm Meta has donated $1m to Donald Trump’s inauguration fund as the Facebook founder tries to mend ties with the president-elect.
