One of the UK’s biggest insurers could become even bigger as Direct Line looks set to accept a sweetened £3.61bn takeover offer from Aviva. This is not the first time Aviva has attempted to buy Direct Line, which includes the Churchill and Privilege brands. Last month was £3.3bn bid was rejected for being “highly opportunistic” … Read more
An investment vehicle founded by one of Britain’s biggest venture capitalists is in advanced talks to buy a portfolio of stakes in some of the country’s most promising technology companies. Sky News has learned that Lexham Partners, set up this year by Dominic Perks, is close to a deal to acquire stakes in companies including … Read more
The Treasury is set to finalize Rachel Reeves’ first visit to China as chancellor just days before Donald Trump is sworn in for the second time as US president. Sky News understands that Whitehall officials have planned a mid-January resumption of economic and financial dialogue between the UK and China after a six-year hiatus. Sources … Read more