All posts by Financial News

Car Manufacturing

UK car production rebounds in April — SMMT report

Car manufacturing in the UK bounced back in April after a subdued first quarter, the Society of Motor Manufacturers and Traders (SMMT) reported today. Production increased by 16.6% compared to the same month a year earlier, with 110,033 cars rolling …

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UK returns to growth

Bank of England welcomes improved economic outlook

Music mixer in a studio

EC approves Warner Music’s purchase of Parlophone

The European Commission (EC) said today it had cleared the £487m ($742m/€574m) takeover of UK's Parlophone Label Group by US music company Warner Music Group Corp as it

Tap Water

Severn Trent declines takeover bid by Borealis-led group

UK water and waste water treatment firm Severn Trent Plc (LON:SVT) said today it had turned down a conditional takeover proposal by Canada's Borealis Infrastructure Management Inc, the

House building

UK housing market returns to life in April

Demand in the UK residential property market reached its highest level in more than three years last month, a new survey shows. The Royal Institution of Chartered Surveyors (RICS)

Water Tap

Severn Trent unveils takeover approach from Borealis-led group

UK water and waste water treatment firm Severn Trent Plc (LON:SVT) today announced it had been approached with a takeover proposal by a group that includes Canada's Borealis

betfair

Betfair terminates talks over takeover offer from CVC

UK online betting and gaming operator Betfair Group Ltd (LON:BET) on Tuesday said it had terminated talks with suitors CVC Capital Partners Ltd combined with Richard Koch, Antony

99p Stores

Early Easter hits UK retail sales for April

UK retail sales in April were affected by the earlier Easter this year, the British Retail Consortium (BRC) confirmed today.
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Insurance

Jelf to acquire The Insurance Partnership Holdings

UK consultancy Jelf Group Plc (LON:JLF) said today it had conditionally agreed to take over local general insurance broker The Insurance Partnership Holdings Ltd (TIP) in a cash-and-stock

Pharmaceutical manufacturing

Actavis says discusses merger with Warner Chilcott

US speciality pharmaceutical company Actavis Inc (NYSE:ACT) said it had engaged in early-stage talks to potentially combine with Irish sector player Warner Chilcott plc (NASDAQ:WCRX). The US firm noted

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