Aviva agrees to buy Direct Line for £3.7bn
Aviva has agreed a deal to buy rival company Direct Line for £3.7bn ahead of a Christmas Day deadline. The insurance firm announced the agreement… Read More »Aviva agrees to buy Direct Line for £3.7bn
Misc
Oxford herbicide spinout Moa seeds $40m funding round
An Oxford University spinout which is developing a new generation of weed-resistant herbicides has begun planting a $40m (£32m) fundraising with prospective backers. Sky News… Read More »Oxford herbicide spinout Moa seeds $40m funding round
Cadbury ‘disappointed’ after losing royal warrant
Cadbury says it is “disappointed” after losing its royal warrant after 170 years. The chocolate maker behind festive favourites such as Heroes and Dairy Milk… Read More »Cadbury ‘disappointed’ after losing royal warrant
Electric cargo bike firm Zedify seeks delivery of new backers
An electric cargo bike logistics company which counts the fashion giant Zara among its partners has launched an urgent hunt for new backers. Sky News… Read More »Electric cargo bike firm Zedify seeks delivery of new backers
Bank of England governor to join Reeves on key China visit
Andrew Bailey, the Bank of England governor, will join Rachel Reeves on a visit to China next month aimed at strengthening financial services trade ties… Read More »Bank of England governor to join Reeves on key China visit
Tesla recalls almost 700,000 vehicles over tyre pressure issue
Tesla has recalled almost 700,000 of its electric vehicles because of an issue with the warning light on the tyre pressure monitoring system. Its warning… Read More »Tesla recalls almost 700,000 vehicles over tyre pressure issue
UK’s biggest water company fined £18m for breaking shareholder payment rules
The UK’s biggest water company has been fined £18.2m for “unjustified” dividends which the regulator said broke shareholder payment rules. Thames Water has been hit… Read More »UK’s biggest water company fined £18m for breaking shareholder payment rules
US rate cut will not be matched by Bank of England
The US central bank has announced an interest rate cut, just hours before the Bank of England is tipped to refrain from following suit. The… Read More »US rate cut will not be matched by Bank of England
Thatchers takes battle with Aldi over cider trademark to Court of Appeal
Drinks company Thatchers has launched a bid to overturn a High Court ruling that denied its claims Aldi “copycatted” its cider. The Somerset-based cider maker sued… Read More »Thatchers takes battle with Aldi over cider trademark to Court of Appeal
Three key final defence witness statements to Post Office inquiry
The final closing statements are being made to the Post Office Horizon IT Inquiry and lawyers for key figures have submitted their last arguments. Former… Read More »Three key final defence witness statements to Post Office inquiry