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Aviva agrees £3.75 billion takeover of Direct Line
4 days ago · Aviva has agreed a £3.75 billion takeover of insurance rival Direct Line following intensive talks over the weekend and ahead of a Christmas Day deadline. The offer values each Direct Line Share at 275p a premium of 73.3% to the closing price of 158.7p on 27 November. Direct Line shareholders ...
Reeves given new year warning of plunging activity
4 days ago · Pressure is piling up on Chancellor Rachel Reeves amid more evidence that her October Budget is behind a sharp fall in business activity. Expectations for growth in the first quarter are at their lowest in more than years, says the CBI, as concern grows that the new year could see the economy slide ...
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Daily Business is part of the Daily Business Group (DBG), an integrated media and business services company established in Scotland by a former Sunday Times and Scotsman journalist and focused on Scottish business and political news.
All Content - Daily Business Magazine
Nov 29, 2024 · The Finance Secretary has little wiggle room in this week’s budget, but she does have options, writes TERRY MURDEN With next year’s allocation of funds from the Chancellor to the Scottish government already all but spent, there is a risk for business that this week’s budget will be a bit of an anti-climax.
Hospitality firms warn of Budget cuts and closures
Nov 10, 2024 · Angela Vickers of Apex Hotels is among the signatories to a letter . Hospitality bosses have piled more pressure on Chancellor Rachel Reeves by warning that her tax hikes will see small firms go out of business, a cut in investment and widespread job cuts.
It’s no longer a case of business as usual
Oct 20, 2021 · ve in terms of energy efficiency and sustainability, but I’m now asking clients what has been done and how the cost will be met’ For Highland Coast Hotels, sustainability is a key element of its business, informing all of its decisions, from using local food suppliers and supporting other local businesses, to using modular designs made from local timber in the construction of additional ...
Aegon to fund Chancellor's new growth initiative – Daily Business
Nov 14, 2024 · Rachel Reeves: investing in industries of the future. Also announced in the Chancellor’s first Mansion House speech is a plan to reinvigorate the UK’s capital markets by establishing PISCES by May 2025 – a world-first regulated market for trading private company shares where transfers will be exempted from stamp duty taxes.
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Corporate activity driven higher by Budget concerns
Dec 2, 2024 · Corporate activity picked up ahead of the Budget as advisers and clients sought to complete deals ahead of the Chancellor’s October budget. The corporate and M&A team at law firm Harper Macleod said it advised on 42 transactions in October amid speculation of changes in capital gains tax and other ...
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