News from Business

Private hospital operator Spire Healthcare rejects £1billion takeover bid from South Africa's Mediclinic

Spire Healthcare, one of Britain's biggest private hospital operators, has rejected a £1 billion takeover bid, claiming it 'undervalued' the group. The bid was made by South African Mediclinic, which already owns a 29.9% stake in Spire. Mediclinic...

Daily Mail, 9 min. ago
 
CAPITALISM IS BROKEN: Business leaders admit GREED is destroying UK’s economic model

CAPITALISM IS BROKEN: Business leaders admit GREED is destroying UK’s economic model

They said unlike the great industrialists of the past today’s ‘managers’ could become seriously rich without risking anything of their own - and without looking at the longer term benefits to either the business or the nation. A panel of more than 50...

Daily Express, 21 min. ago
 
Pound V euro: GBP exchange rate strengthens against EUR on Brexit optimism

Pound V euro: GBP exchange rate strengthens against EUR on Brexit optimism

GBP/EUR is currently at around €1.121, up around 0.32 per cent from its starting levels this morning on hopes that Brexit talks are progressing at a reasonable pace. The outlook for Sterling is a little more upbeat this week following an optimistic EU...

Daily Express, 21 min. ago
 
TV tower firm Arqiva eyes £6bn UK listing

TV tower firm Arqiva eyes £6bn UK listing

The UK's largest owner of TV transmitters, Arqiva, has announced plans to float on the London Stock Exchange in a £6bn listing. Arqiva traces its roots back to the BBC's first radio broadcast in 1922, and its masts are used by TV channels, radio...

BBC, today, 09:21
 

Government could borrow to help build hundreds of thousands of new homes, says Cabinet minister

The government could borrow money to invest in hundreds of thousands of new homes, a Cabinet minister said today. Communities Secretary Sajid Javid said ministers should take advantage of record low interest rates to deal with the housing crisis,...

Daily Mail, today, 09:17
 
Spire rises 11% on news of rejected Mediclinic bid

Spire rises 11% on news of rejected Mediclinic bid

Shares in UK private hospital chain, Spire, jumped 11% after it said it had rejected a bid from South Africa's Mediclinic. Spire shares were at 291p, below the 298p price implied by Mediclinic's offer. Mediclinic, which already has around 30% of...

BBC, today, 09:09
 
China lifts ban on stinky cheese

China lifts ban on stinky cheese

China has reversed an import ban on several types of soft and mould-ripened cheese, including Roquefort, Danish Blue, Gorgonzola and Stilton. The authorities imposed the ban in September because the strains of bacteria used to make the cheeses weren't...

BBC, today, 09:03
 
Toshiba forecasts loss due to tax hit on chip sale

Toshiba forecasts loss due to tax hit on chip sale

Toshiba expects to post a 110bn yen annual net loss (£732m) due to the tax impact of the sale of its memory chip business. In August, the Japanese company said it would post a net profit of 230bn yen for the fiscal year to March 2018. It agreed last...

BBC, today, 08:55
 

MARKETS LIVE: FTSE 100 flat in London, while Japanese shares push to record highs after Shinzo Abe victory

Mark Shapland Host commentator Auto-update 08:24 Not much company news or excitement so far Spire Healthcare, on of Britain's biggest private hospitals operators, has confirmed that it received and rejected a takeover approach from South Africa's...

Daily Mail, today, 08:25
 

DAILY BRIEFING: BT to overhaul international division following Italian accounting scandal

ITALIAN TROUBLE Telecoms firm BT is poised to overhaul its international division in the wake of an accounting scandal in Italy and other costly setbacks. FAREWELL GIFT Departing London Stock Exchange boss Xavier Rolet will receive a £21m farewell...

Daily Mail, today, 08:08
 

'We strip out emotion when investing': JPM Europe Dynamic fund manager on why concentrating on the facts...

European equities is a difficult market to judge for investors. On one hand, the pan-European STOXX 600 index rose by 16 per cent in the past year to 17 October. Political change in France and Germany, strong growth figures and rising inflation have...

Daily Mail, today, 08:02
 

How to claim a new iPhone X against tax if you're self-employed: PLUS your holiday, gym, meals out and even...

If you run your own business, there are all manner of expenses you can claim to reduce your tax bill. That means you can effectively get a chunky discount on all sorts of things - even things you get personal use out of too.  Follow the rules...

Daily Mail, today, 08:02
 

Are Pensioner Bonds really back? The one-year bond with a familiar name paying 4.24% - but it's not...

Hard-pressed older savers who are struggling to find a decent return on their cash may be tempted into products with high rates of interest that are prominently advertised on the internet - but they must be aware of the risks. One such product is...

Daily Mail, today, 08:02
 
Nikkei hits new highs after Japan election

Nikkei hits new highs after Japan election

Japanese stocks hit their highest level since 1996 on Monday after exit polls indicated Prime Minister Shinzo Abe had won a clear election victory. The Nikkei climbed nearly 1%, extending its recent winning streak. The Liberal Democratic Party (LDP)...

BBC, today, 04:48
 
Gambling adverts 'in 95% of matches'

Gambling adverts 'in 95% of matches'

Some 95% of TV advertising breaks during live UK football matches feature at least one gambling advert, the Victoria Derbyshire show has found. One in five of the commercials broadcast across 25 matches were for betting firms, rising to more than one...

BBC, today, 01:40
 


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