The company, together with Allianz, bought the loans from the National Asset Management Agency (NAMA), Ireland’s bad bank. Over the past few months Hammerson has taken control of the assets themselves and begun making changes, particularly in...
Read more'Chicken King' to buy Bernard Matthews turkey empire
The deal with Mr Boparan ends months of speculation over Bernard Matthews’s future. The business was hit by the bird flu outbreak in 2007 and also hurt by changing consumer tastes towards healthy eating. Jamie Oliver, the TV chef, targeted its...
Read moreBT and Virgin Media join forces to battle Openreach split
Virgin Media owns cables covering half the country, and is investing £3bn in expanding coverage to two-thirds of homes and businesses by 2020. Built mostly in the Nineties, the network offers faster internet access and more reliability than BT’s...
Read moreBusinesses look to Dublin for new EU base
Saker Nusseibeh, Hermes’ chief executive, said: “If the Europeans end up being very difficult about passporting, which they might be, that would mean we would have to move some operations onshore. “Our stuff is registered in Dublin anyway. If...
Read moreNine of 10 big business have suffered a major cyber attack as Lloyd’s of London chief says firms are ‘complacent’
“We used to think, ‘what if an office is flooded or if there’s a great big fire?’,” said Ms Beale, who was appointed in 2014 after heading insurer Canopius. “But now we need to work out how to assess the damage from a cyber attack, including the...
Read moreHinkley Point fires up Britain's nuclear ambitions
“What I know is the next EPRs, Sizewell, will have to be, and will be – or if not, it should not happen – cheaper, and I would say significantly cheaper than the benchmark we are creating with the first of the kind in the UK at Hinkley Point C,”...
Read moreBBC faces commercial competition to produce top shows
The announcement is also thought to have been delayed by the controversy surrounding the loss of The Great British Bake Off to Channel 4. There have been fears that the BBC will open up low-budget daytime programmes while keeping the biggest...
Read moreCanada to step up UK trade with new export hub after Brexit vote
The agency still believes the UK will be a useful entry point to the EU and the wider European, African and Middle Eastern regions. As well as providing export credit, the EDC also directly finances international businesses with a footprint in...
Read moreTop creative talent calls for design industry boost
The EU is the biggest export market for design services, as well as the largest talent pool for employees and the sector is concerned that Brexit will damage its competitive edge. However, the industry can continue to thrive outside the European...
Read morePressure builds on founder of French Connection
French Connection is this week braced for a fresh broadside from one of its biggest shareholders, who will argue that another slide in sales would be further evidence that founder Stephen Marks should step down. Activist investor Gatemore Capital...
Read moreQuestor: Hinkley boost for Brexit-hammered construction group Kier
This shows that there is still life in the UK’s £40bn construction industry, despite the uncertain political and economic climate. The Government’s decision to give Hinkley the green light is proof that infrastructure spending will continue. Kier...
Read moreHollywood's epic bid to conquer China
Warcraft has been a major beneficiary of this system. The film, a collaboration between Roven’s Atlas Entertainment and Legendary Pictures, a pioneer of Chinese co-production among Hollywood studios via a 2013 deal with CFG, was guaranteed a...
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