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Sunday 8 November 2026 · London closed
Financial News
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Danish brewer Carlsberg has announced a significant acquisition of Britvic for £3.3bn.The acquisition is expected to save £100m through enhanced efficiencies.Carlsberg will also acquire Marston's stake for £206m, strengthening its…
Planqc, based in Germany, has successfully raised €50 million in Series A funding. The company plans to use this capital to further the development of scalable quantum computers.This funding round…
Recent corrections shed light on Cityside Electrical's true financial state amidst previous reporting errors.The company demonstrated significant profitability, contrary to prior reports of losses, achieving a notable pre-tax profit.Despite revenue…
Luxembourg's European Investment Fund (EIF) has made a bold commitment of €350 million to the newly formed Kembara Fund I FCR. This significant investment aims to push forward deep tech…
FTI Touristik's insolvency has sent distress signals across Europe's travel landscape. As Germany’s third-largest operator falters, countless customers and agencies face unprecedented challenges. The prospect of recovery remains ambiguous.FTI Touristik…
Henry Construction's anticipated voluntary liquidation has left creditors uncertain about their financial recovery.Administrators David Hudson and Geoffrey Rowley report a possible exit to creditors' voluntary liquidation, yet financial outcomes are…
Research suggests that AI implementation could transform the UK public sector.AI technology may save UK public workers up to 23 million hours weekly in administrative tasks.Public sector employees experience negative…
Danish brewer Carlsberg has agreed a deal to acquire UK-based soft drinks maker Britvic. It comes after Britvic's board of directors rejected a previous offer from Carlsberg last month. Under…
Peter Ruis, recently appointed as executive director of John Lewis, is advocating for an increase in staff numbers on the retail floor. This strategic move looks to enhance customer service…
British luxury brand Burberry is confronting a critical juncture as it assesses potential staff reductions. The consideration of job cuts arises amid significant financial challenges faced by the company.Increasing concerns…
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