theguardian_business
📰 source: theguardian_business · 💼 business andy burnham is embarking on a national tour this week to improve the government's connection with the british public during his premiership. he's expected to announce policies to help people financially with the cost of living and improve high streets. burnham has
theguardian_business
📰 source: theguardian_business · 💼 business harvey nichols has not turned a profit since the pandemic, with pre-tax losses of £35.3m in 2024. the knightsbridge-based chain was put up for sale in june by owner sir dickson poon, with mike ashley's frasers group and next bidding to take control.
theguardian_business
📰 source: theguardian_business · 💼 business the tuc is pushing chancellor john healey to order a 'root and branch' review of the office for budget responsibility ahead of his first budget on 28 october. the union body claims the obr's models underestimate the benefits of public investment and
bbc_business
📰 source: bbc_business · 💼 business goodwin, the british engineering group, is considering selling a "substantial part" of its mechanical engineering division, which supplies components to defence and nuclear programmes. the board confirmed a strategic review on friday to "maximise value for shareholders", with discussions ongoing and no
cnbc_topnews
📰 source: cnbc_topnews · 💼 business private equity is circling european budget airlines after apollo global management's swoop for easyjet. apollo is expected to take easyjet private at around $7.7 billion, with rival castlelake withdrawing its $7.3 billion bid thursday and clearing the path. anna macdonald, investment strategy
theguardian_business
📰 source: theguardian_business · 💼 business uk house prices were flat in july, with the average property costing £299,253, down £143 from june, lloyds' monthly index found. annual growth was just 0.1%, the weakest since november 2023. prospective buyers are squeezed by higher mortgage rates and stretched affordability, partly
theguardian_business
📰 source: theguardian_business · 💼 business ten uk trade unions, including unison, wrote to pm andy burnham urging him to pressure donald trump to end the war in iran as a way to tackle the cost of living crisis. the unions, representing 2.3 million workers, want the uk to revoke permission
theguardian_business
📰 source: theguardian_business · 💼 business uk high street footfall fell 3.8% year on year in july, after a 6.2% drop in june, as heatwave temperatures in the mid-30cs sent shoppers online. shopping centre visits also declined, but retail parks returned to growth. overall visits to all shopping destinations were
theguardian_business
📰 source: theguardian_business · 💼 business the uk culture secretary lisa nandy has cleared paramoun's $110bn takeover of warner bros discovery, dropping her opposition after the company made concessions. nandy had surprised markets in june by referring the deal to regulators, but she has now signed off with conditions: channel
theguardian_business
📰 source: theguardian_business · 💼 business easyJet has formally agreed to a £5.7bn takeover by US private equity firm apollo global management. the airline accepted a firm offer on thursday after rival bidder castlelake dropped out, with the deal priced at £7.15 a share. apollo's offer came last
bbc_business
📰 source: bbc_business · 💼 business easyjet agreed to a £5.7bn takeover by us firm apollo, after a rival bidder dropped out. apollo will pay £7.15 per share, beating castlelake's final offer of £6.90. easyjet is one of europe's largest airlines, with more than 19,
cnbc_topnews
📰 source: cnbc_topnews · 💼 business apollo agreed to buy easyjet for $7.7 billion, taking the uk budget airline private, after rival bidder castlelake withdrew its plans. easyjet shares rose 3.1% on thursday afternoon in london, rebounding from an earlier 6% slide when castlelake said it wouldn't make