Sheffield Wednesday have dropped their interest in signing German defender Nico Schulz following pressure from fans concerned at allegations of domestic violence against him. Schulz is a former Germany international …
Financial Planning
UK supermarket giants launch £675m cartel lawsuit against fish farmers
Several UK supermarket giants have bound together to launch a competition claim against different fish farmers, accusing them of operating a cartel-like operation. Asda, Iceland, Marks and Spencer, Ocado, Morrison, …
DS Smith: Amazon packaging giant silent on takeover bid as box volumes stay flat
Packaging giant DS Smith has omitted mention of a potential takeover bid in a trading statement, instead noting that box volumes remained flat over the last three months. In a …
Insurer Lancashire plans £93m special dividend after swinging to profit
City-based insurer Lancashire has unveiled a special dividend aiming to award around $119m (£93m) to shareholders after swinging to an annual profit. The group’s pretax profit came in at $321.5m …
Revealed: Matalan lost over £100m as lenders took control
Matalan lost more than £100m in the year it was taken over by its lenders, newly-filed accounts have revealed. The group agreed a deal to take control of the Liverpool-headquartered …
This National Insurance cut won’t ‘cost’ the Treasury – it’s not their money
The expected tax cut to national insurance in today’s budget has set commentators off – wondering if the Chancellor’s sums will add up, and how much it will “cost” the …
Digital 9 Infrastructure overcomes anti-trust roadblock in plan to shutter trust
Embattled investment trust Digital 9 Infrastructure has overcome a potential hurdle to wind down by gaining regulatory approval to sell the ‘crown jewel’ of its portfolio. The trust is currently …
Clapham Common shooting: Man charged over firearms offence
A teenager has been charged with a firearms offence after three were injured in an alleged shooting incident near Clapham Common in South London.. The Metropolitan Police said it arrested …
Capita shares sink as outsourcing giant swings to £107m loss, takes £25m hit from cyber attack
Capita has incurred £25.3m in costs tied to a cyber attack last March as the outsourcing giant swung to an annual loss and ramped up its cost-cutting programme. Shares fell …
London Southend Airport to be taken over by US private equity giant Carlyle
London Southend Airport (LSA) is to be taken over by US private equity giant Carlyle after a deal was agreed to settle a debt with its current owner. The investor …