The FTSE-100 consumer goods giant, Unilever, is close to an agreement of 230 million pounds sterling in Snap Up Wild, a high-end producer of rechargeable personal care products supported by the founders of Innocent Drinks. Sky News has learned that Unilever has agreed with the terms of a transaction to acquire Wild from its founders … Read more
The Bank of England has reduced interest rates from another percentage point, which reduced the cost of the loan to 4.5%. And in a sign that households can expect more cuts in the coming months, two members of the BankThe Monetary Policy Committee said they would have preferred to reduce the rates even more, half … Read more
Every Thursday, our money’s blog team interviews the United Kingdom chefs, hearing about their cheap and more food hacks. This week, we are chatting with George Livesey from Michelin Star Stwurce in Bristol. My cheap choice eats at home … is legumes – they are seriously neglected with regard to cheap, delicious and simple food. … Read more
We all have our favorites. For me, this is the SCAMPI Fry underestimated. For others, it is the pack of salt salt and chips vinegar opened in common on a sticky table or the pork stripes that could let you require a visit to the dentist. The humble snack of the bar has been part … Read more
Legal & General (L&G), the FTSE-100 Insurance and Asset Management Group, is preparing to launch a search for a successor to President Sir John Kingman. Sky News has learned that the company, which announced this week an important company agreement in the United States, is about to appoint headhunters to supervise the appointment process. City … Read more
Private Equity’s donor of one of the oldest British industrial manufacturing groups is in talks to sell an advanced defense technology company that will dismantle their parents. Sky News learned that Advent International, the buyout company that bought Cobham for 4 billion pounds sterling in 2020, then plunged Ultra Electronics listed in London in an … Read more
Purplebricks, the online real estate agent belonging to Sir Charles Dunstone, one of the most prolific entrepreneurs in Great Britain, parachuted in an acting director general 18 months after its cancellation of the London stock market. Sky News learned that the shareholders of Strike, the parent company of Purplebricks, were informed this week that Stuart … Read more
The head of the mediator’s financial service (FOS) was effectively forced to leave the role after losing the confidence of his board of directors in the middle of the government’s increased pressure on economic childcare dogs. Sky News understands that Abby Thomas, whose departure was announced earlier Thursday, was at the center of several disputes … Read more
Ewan Venters, the former Fortnum & Mason chief, joins the board of directors of Paul Smith Ltd, the best known design company for his striped fashion clothes. Sky News understands that Mr. Venters, who recently resigned as a boss of the Global Contemporary Art Gallery Hauser & Wirth, has agreed to become a non -executive … Read more
Tesco has expressed interest in acquiring more than 100 Crown post offices whose future has been reviewed while the public company explores them to a franchise model. Sky News learned that Nigel Railton, president of the post office, told a group of deputies this week that the largest British retailer had informed him of a … Read more