Renewi offloads UK local waste treatment business to Biffa
European recycling group Renewi is effectively paying waste management giant Biffa £125million to take its local authority waste treatment business off its hands. Daily Express :: City and Business Feed More...
Dr Martens to slash costs and dividends after US woes puts boot into its profits
Iconic bootmaker Dr Martens has halved shareholder payouts and unveiled plans to slash its costs by up to £25million, after seeing its annual profits crash. Daily Express :: City and Business Feed More...
Mining giant Anglo American rebuffs last minute takeover talks plea from BHP
Anglo American has rejected a last minute plea from larger rival BHP to extend talks about a £38billion takeover, effectively ending the five week takeover battle for the mining giant. Daily Express :: City and More...
Pound soars as Brexit Britain’s sterling hits two-year high against beleaguered euro
The general election on July 4 means few economists in the UK are anticipating an imminent interest rates cut. Daily Express :: City and Business Feed More...
US academic text book group sold to Harry Potter publisher Bloomsbury for £65m
Harry Potter publisher Bloomsbury has snapped up the academic publishing group Rowman & Littlefield for £65million, its largest deal to date. Daily Express :: City and Business Feed More...
Weak sales and rising costs send Pets At Home’s profits sliding
Pets At Home says that a tough market for pet accessories and higher costs have sent its annual pre-tax profits down 13.7% to £105.7million. Daily Express :: City and Business Feed More...
Revolution warns of insolvency risk after rejecting ‘undeliverable’ rescue deal
Struggling late night bars and gastro pubs group Revolution has rejected a rescue approach from rival Nightcap and warned that it faces a cash crunch within months. Daily Express :: City and Business Feed More...
Murder on the Dancefloor and Harry Styles help drive record music royalty payout
Song writers, composers and music publishers, including Sophie Ellis-Bextor, Harry Styles and Sam Smith received a record £944million in royalty payments last year, industry group PRS for Music says. Daily Express More...
Three fights to secure £32billion Vodafone deal or says it may strip back investment
Mobile phones giant Three could pare back investment in its network to “minimum levels”, unless regulator Ofcom clears its £32billion takeover by Vodafone, sources warn. Daily Express :: City and Business More...
US puts the boot into Doc Marten’s profits
Iconic bootmaker Dr Martens is expected to say its annual pre-tax profits have dived more than 40 per cent on Thursday, primarily due to tough trading in the US. Daily Express :: City and Business Feed More...
