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Daily Mail goes private after family secures backing
Jonathan Harmsworth has succeeded in taking Daily Mail and General Trust private after securing enough shareholder support over the opposition of some prominent investors.
Sunak to hold talks with business over 'lockdown by stealth' - report
Chancellor Rishi Sunak will hold talks on Thursday with representatives of the hospitality and business leaders, raising hopes of government support for sectors hit by the Omicron variant.
BoE raises interest rates to 0.25% in surprise move
The Bank of England voted for a surprise increase in interest rates to 0. 25% on Thursday to stop inflation taking hold with prices rising faster than expected.
FCA fines GAM and Haywood over Greensill-linked lapses
The Financial Conduct Authority has fined GAM International Management £9. 1m and former star fund manager Tim Haywood more than £230,000 for failing to manage conflicts of interest linked to the Greensill scandal.
Domino's shares hit record after franchise dispute resolved
Domino's Pizza shares jumped to a record high after the company settled a long-running dispute with its franchisees, opening the way for more stores and the adoption of new technology at the fast-food chain.
Eurozone growth slows as Covid-19 hits services
The eurozone economy slowed in December as the effect of rising coronavirus infection rates on the region's service sector more than offset stronger manufacturing growth, a survey showed.
Gym Group membership bounces back
The Gym Group said membership bounced back and prices rose after its sites were allowed to reopen from Covid-19 restrictions.
Airtel Africa sells mobile money stake for $50m
Airtel Africa said Chimera Investments had bought a $50m stake in its mobile money operations with the company retaining a majority holding.
Aviva raises share buyback to £1bn
Aviva has increased its share buyback programme to as much as £1bn and extended the time period for the repurchases to be made.
Omicron will dent but not upend oil recovery, IEA says
The Omicron variant will dent global oil requirements but not derail the recovery in demand, the International Energy Agency said.
IMF urges BoE to act early to combat inflation
The International Monetary Fund has urged the Bank of England to act early to curb inflation as BoE policymakers set to meet for the last time in 2021.
Elon Musk says Tesla to accept dogecoin
Tesla will experiment with taking payments in dogecoin, Chief Executive Elon Musk said on Tuesday.
National Express buys Stagecoach for £468m
National Express has agreed to buy Stagecoach in a deal the combines two of Britain's biggest public transport operators in the wake of the pandemic.
PureGym raises £300m from KKR for expansion
Pure Gym has raised £300m to fund its expansion by selling a stake to KKR, the US private equity firm.
Stagecoach sells intercity services as merger deadline looms
Stagecoach has agreed to sell Megabus and two other intercity coach services for £8. 75m to head off potential competition barriers to its proposed merger with National Express.
UK unemployment falls despite end of furlough
UK unemployment fell as businesses continued to hire staff despite the end of the furlough programme, official figures showed.
Begbies Traynor upbeat as insolvencies rise
Begbies Traynor said it was confident about the financial year with insolvencies expected to rise after the government's withdrawal of pandemic support.
GCP Infrastructure reduces dividend
GCP Infrastructure Investments reduced its dividend as value per share edged down in its most recent financial year.
Chemring ups dividend despite dollar impact
Chemring increased its final dividend as the company reported an 8% increase in annual underlying profit despite a weakening of the US dollar.
'Plan B' threatens fragile pub, restaurant recovery - survey
Renewed restrictions to combat Covid-19 threaten the fragile recovery of Britain's pubs, bars and restaurants and thousands of jobs, according to a survey.