Saudi Aramco says combustion engines will be around for ‘very, very long time’ after Horse Powertrain investment
Private equity interest drove transactions above £3bn in the first half the year, according to Savills
New private equity vehicle Rosebank Industries whose other backers include Norges and GIC will offer boost to London market
Canadian group could yet ‘build then buy’ to grab returns on offer in a market awash with possible deals
Danish brewer’s two earlier bids have been rejected by UK soft-drinks maker
Private capital firms have been hunting ways into market as companies look to offload schemes
Ecommerce can provide resilience in a rocky retail landscape but requires a clear strategy and a decent budget
Headcount fell 3% last year with firms axing jobs and moving staff as post-pandemic boom fades
Business secretary reveals he has already spoken to Britain’s biggest steelmaker about Port Talbot plant
Financial services bosses call for ‘bold’ action as they hope for a period of political stability
Airline suffers from creaking technology, operational complexity and exposure to Heathrow congestion
Ronan O’Grady pleaded guilty to sexual assault in February and was sentenced in late June
Diageo’s Irish stout loses laddish image and finds new consumers to become UK’s favourite beer
Plus: Kitwave and ActiveOps — companies analysis from Investors’ Chronicle, our sister publication
FTSE 250 housebuilder has already rebuffed an offer from rival Bellway
Move is part of a restructuring plan to be put to creditors in an effort to slash costs
A spinout of the medtech’s orthopaedics business would unlock value while shifting to the US could also deliver gains
Post-Covid rebound driven by professional services while retailers languish, shows FT analysis of official data
The CMA’s chief concern will be the merged company’s impact on consumer tariffs and on its wholesale customers
Shares in London-listed maker of medical devices jump as holdings disclosed
UK Finance, a banking body argues for clawback of tax breaks to halt flow of business overseas
Investors, consumers and green campaigners will all be left unsatisfied by latest talks but Ofwat has a different priority
New agreement hands UK drugmaker control of developing jabs and provides cash injection for German group
Deal could value group owned by Graphite Capital at about £100mn as it seeks to expand outside UK
Chair of group set up to manage music rights will exit when $1.6bn purchase is completed
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