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Monday 9 November 2026 · London open
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The latest business news and analysis from the Financial News newsroom.
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Rightmove has declined a £5.6 billion takeover offer from Rupert Murdoch’s REA Group, which it called 'opportunistic'. The board unanimously agreed that the proposal undervalued the company and its future…
Rightmove, a leading UK online estate agency, has declined REA Group's acquisition offer. The rejected £5.6 billion bid, characterised as opportunistic, highlights Rightmove’s dedication to preserving its market valuation and…
A revitalisation effort to restore the Tavistock to Plymouth rail line is seeking £1.5M in funding to advance its business case.Devon County Council initially submitted a proposal to the Restoring…
ASGC Construction, based in Dubai, has divested its 15% stake in the UK contractor Costain, capitalising on the investment made in 2020.ASGC's strategic decision to withdraw from Costain has been…
In July 2024, construction output in Great Britain declined by 0.4% in volume, according to the Office for National Statistics (ONS).This decrease comes after consecutive increases in May and June,…
Hudson Lifting, a prominent provider of lifting equipment, has announced the expansion of its operations with the opening of a new depot in Birmingham.The new site on Elmdon Trading Estate…
Recognising insolvency warning signs can prevent business failure and offer a chance for recovery.Business insolvency is complex, driven by poor management information and toxic corporate culture.Key insolvency indicators include increasing…
Biffa, a leader in waste management, acquires L&S Waste Management, bolstering its C&D sector services in the South Coast.The acquisition aligns with Biffa’s strategy to enhance low carbon recycling solutions…
Wolverhampton-based Pallet-Track experienced a significant decline in pre-tax profit in 2023 due to economic challenges.Although Pallet-Track's revenue rose to £138.3m, pre-tax profit fell by a third to £3.5m as volumes…
GE Hitachi Nuclear Energy has signed MOUs with major firms to advance SMR deployment in the UK.The collaboration focuses on the BWRX-300 small modular reactor, leveraging Ontario's Darlington project experience.Aecon,…
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