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Financial services set for more losses

The UK financial services sector has slashed jobs as income and business levels have fallen sharply and is set to make more cuts, says the Confederation of British Industry (CBI).

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US billionaire ups Arsenal stake

US billionaire Stan Kroenke has increased his interest in football group Arsenal Holdings to 20.5 per cent.

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PBN savours Wineworld deal

Northern Ireland property and trading group PBN and drinks industry veteran Jim O’Neill have acquired ailing off licence and pub group Wineworld. 

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DPS Software gains Access

DPS Software, an Enfield-based legal software company, has acquired Sandbach-based rival Access Legal Systems for an undisclosed sum. The combined entity will now trade as DPS-Access. 

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Skykon blows into Scotland

Skykon, which provides support for wind technology producers, has taken over a wind tower plant in Campbeltown, Scotland, from Vestas Wind Systems, a Danish manufacturer of wind turbines.

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John Crane acquires Orion Corporation

John Crane, a Slough-based manufacturer of mechanical seals, has acquired Orion Corporation, a US-based designer and manufacturer of hydrodynamic bearings. The terms of the deal were not disclosed.

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Ethical Superstore in Natural merger

Eco-stores Natural Collection and Ethical Superstore have merged. The terms of the deal remain undisclosed. 

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Fuller, Smith & Turner on pub crawl

Fuller, Smith & Turner Plc has agreed to acquire six freehold London pubs from Punch Taverns Plc, for £21.1 million in cash. The acquisition will be financed from existing facilities and is expected to complete by 6 April.

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Ethical Superstore in Natural merger

Eco-stores Natural Collection and Ethical Superstore have merged. The terms of the deal remain undisclosed. 

News

Fuller, Smith & Turner on pub crawl

Fuller, Smith & Turner Plc has agreed to acquire six freehold London pubs from Punch Taverns Plc, for £21.1 million in cash. The acquisition will be financed from existing facilities and is expected to complete by 6 April.

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Winning against the odds

The fifth Quoted Company Awards, organised by Growth Company Investor, celebrated those who are flourishing in the toughest of circumstances.

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Inflation shock for UK economy

Economists were left scratching their heads as the Consumer Prices Index (CPI) – the government’s target inflation measure – registered 3.2 per cent in February, up from three per cent in January.

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Female fraudsters take their time  

Female employees are likely to wait almost twice as long as their male counterparts before committing a fraud.

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Contract Fire Security snaps up local firm

Sutton Coldfield-based Contract Fire Security has acquired local rival Premier Planned Maintenance for an undisclosed sum. The combined entity will trade as Fire and Safety Services.

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