Ashtead Technology said it achieved a “record” performance in the first half of the year as it looks to build out its merger and acquisition (M&A) pipeline. In the six …
Personal Finance
Workers’ rights: New agency to issue businesses with large fines
Businesses face paying large fines from a newly formed agency if they are found to have breached Labour’s proposed workers’ rights laws. As Parliament returns this week, ministers are reportedly …
PRS REIT attempts to negotiate with rogue shareholders
Embattled PRS REIT has promised to negotiate with the group threatening to take control of its business. Last week, the investment trust faced calls from a group of investors, including …
News Corp-owned REA eyes £4.4bn swoop for Rightmove
Australian property giant REA Group, backed by Rupert Murdoch’s News Corp, is considering a £4.4bn takeover bid for UK competitor Rightmove. In a statement to the Asutralian stock exchange, property …
NHS supplier Kainos lowers full year revenue forecast after ‘tough’ trading
London-listed software provider Kainos has downgraded its revenue forecast for 2025 after a subdued start to the year and more aggressive pricing among its partners. Management said it expected adjusted pre-tax …
Londonmetric makes £120m worth of acquisitions and sales in dealmaking spree
Londonmetric has completed £70m worth of acquisitions and offloaded £50m of assets in the real estate investment trust’s (REIT) latest dealmaking spree. The news comes after Londonmetric’s takeover of LXi …
Axe-throwing bar chain toasts growth as Brits look for competitive night out
Novelty bar operator XP Factory topped market expectations today after a boost in Brits looking for competitive nights out with activities like axe throwing and mini golf. Group revenue more …
Oakley Capital: Private equity firm sells digital learning platform to Lloyd’s Register
Private equity firm Oakley Capital has sold the digital learning platform Ocean Technologies Group (OTG) to the maritime classification society Lloyd’s Register for an undisclosed sum. London-listed Oakley said on Monday …
Artemis Alpha trust agrees to takeover by Phoenix competitor
The Phoenix-run Aurora Investment Trust has proposed a takeover of the Artemis Alpha Trust, which would see the two trusts merge to combine £353m of assets. The £123.7m Artemis trust …
Culture secretary Nandy slams ‘vastly inflated’ Oasis ticket prices
The UK’s culture secretary has slammed the “vastly inflated” selling of Oasis tickets as “depressing”, as she announced that dynamic pricing will be included in an upcoming government review of …