Shares in Diploma have surged to an all-time high after the UK supplier of specialised technical products inked a deal to acquire US-based Peerless Aerospace Fastener for around £236m. The …
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Tom Hayes: Court of Appeal upholds conviction of former Libor trader
The Court of Appeal has upheld the conviction of former Libor trader Tom Hayes today after he spent years in prison for rate-rigging. On Wednesday, Lord Justice Bean read out …
Pragmatic Semiconductor: How £500m chip maker is set to become UK’s largest
Pragmatic Semiconductor is set to become the UK’s largest chip manufacturer by volume following the opening of a major line in the North East of England. The Cambridge-based manufacturer of …
Baltimore bridge disaster: Six presumed dead after cargo ship collision
Six missing people following the Baltimore bridge collapse yesterday are presumed dead, as workers who stopped cars going over it have been heralded as “heroes”. The search for bodies was …
Opening Night review: Sheridan Smith leads barmy examination of theatre
Opening Night review and star rating: ★★★★ Critics are bound by embargoes dictating when they can and cannot reveal their thoughts on a production. For Opening Night, the response has …
FCA warns insurers to stop undervaluing cars when settling claims
The Financial Conduct Authority (FCA) has issued a fresh warning that some insurance firms may be undervaluing written-off or stolen vehicles when settling claims. The City regulator said on Wednesday …
Bank of England flags danger of ‘sharp correction’ in asset prices as global markets reach record highs
Global markets have put too much weight on the good news in recent months and are now at risk of a “sharp correction,” the Bank of England warned today. In …
CMA greenwashing probe: Asda, Asos and Boohoo promise clarity on eco-claims
Top fashion retailers Asos, Boohoo and George at Asda, have signed undertakings to clarify the way they promote and display their environmental credentials, the competition watchdog has said. Today’s announcement …
Another listed company plans to quit London’s AIM market – this is why
Drug company C4X Discovery has announced plans to quit the London Stock Exchange’s AIM market, in the latest blow to the capital. The Manchester-headquartered business said the “recent downturn in …
Why British American Tobacco is campaigning for higher taxes on vapes
You might not expect a tobacco company to advocate for more taxes and regulation, but that’s just what BAT—formally known as British American Tobacco—has been doing following the government’s recent …