EG On The Move completes acquisition of 260 French sites
Zuber Issa's EG On The Move completes acquisition of 260 French sites, marking a major step in its European growth and EV charging expansion.
Category : Corporate News
EasyJet extends Castlelake deadline to match Apollo bid
EasyJet has extended Castlelake's deadline to match Apollo's £5.5bn takeover bid, with both suitors required to table firm offers by August 7.
Center Parcs October booking rule change sparks fury
From October 12, 2026, Center Parcs will require cancellations for spa or activity bookings at least seven days in advance, or guests face a 50% fee.
Shield Therapeutics Targets Profitability with Revenue Surge
Shield Therapeutics reports $30.4m revenue, 21% prescription growth, and appoints new CFO Michael Jensen as it targets profitability in 2026.
Drax Boosts Dividends Despite Drop in Earnings
Drax increased its interim dividend to 12.9p per share despite first-half profits falling from £460m to £279m, citing transformative acquisition plans.
EKF Diagnostics Full-Year Strong, Russia Cash Up
Point of care diagnostics firm EKF reports first-half revenues flat at £25m, gross margin improved to 53%, and cash in Russia rises to £2.4m, while full-year trading remains on track for growth.
Tesco Fuel Offer: £60 Spend Gets 8p Off Per Litre
Tesco offers 8p off a litre of fuel to shoppers spending £60 in-store, with coupons valid until August 23. The promotion aims to ease summer travel costs as fuel prices surge, with petrol now averaging 156.19p per litre.
Asian Paints Unveils New Color Collection
Asian Paints launches its latest color palette, featuring 50 new shades inspired by nature and urban aesthetics, aiming to transform interior spaces with trendy hues.
Shoosmiths Appoints Pensions Partner in Birmingham
Shoosmiths has appointed a new partner in Birmingham to bolster its pensions practice, aiming to expand its services across the Midlands and UK.
Profit Warnings Drop in Q2 for Midlands Companies
Profit warnings from listed Midlands companies fell to 6 in Q2 2024 from 9 a year earlier, but the first-half total held steady at 19, according to an EY report.
Beefeater and Brewers Fayre closure dates
Whitbread has confirmed the closure of 12 Beefeater and Brewers Fayre sites across Birmingham, with the first shutting in April and May 2025, affecting about 50 jobs.
West Midlands Postcodes Hit by Royal Mail Delays
Royal Mail has identified 11 postcode areas across the West Midlands facing mail delays as of July 27, including Dudley, Wolverhampton, and Rugeley, amid staffing and resource issues.
Big Four Retreat from AIM; Mid-Tier Auditors Gain Ground
The Big Four audit firms have cut their FTSE AIM 100 client count from 49 to 30 in three years, while mid-tier rivals like BDO and Grant Thornton gain market share in London's junior market.
HMRC Urgent Warning: Tax Advisers Register by 18 August
Tax advisers have until 18 August 2026 to register under new mandatory HMRC requirements or face restrictions and financial penalties. The first phase of MMTAR closes soon.
Sky Free Roaming for Millions in 120 Destinations
Sky VIP Diamond customers with over 15 years of loyalty can now use their mobile plan in 120 destinations for free, covering Europe, USA, Australia, and more, with a 25GB data cap per billing cycle.
Birmingham City mindful of Coventry City gamble after Beadle return
James Beadle returns to Birmingham City on loan for a second season, sparking debate about developing a goalkeeper for Brighton's benefit amid resource constraints.
Palhinha Silent on Future Amid Aston Villa Interest
Aston Villa target João Palhinha returns to Bayern Munich pre-season but remains coy on his future amid loan interest from Villa and Benfica.
FirstCash raises offer for Ramsdens to £232m
FirstCash has increased its bid for Ramsdens to about £232m, a 49% premium, following shareholder talks. Ramsdens also boosted profit expectations amid high gold prices and strong loan demand.
British Steel Nationalised: Government Takes Over
The UK Government has taken British Steel into public ownership to protect steelmaking at Scunthorpe, with former Chinese owner Jingye seeking compensation.
Knighthead inject £72m into Birmingham City via SCL
Birmingham City received a £72m cash injection from owners Knighthead via new shares in Shelby Companies Limited, following a £34.6m pre-tax loss.
Newport Hotel Closure Warning Over Ground Lease Dispute
Garrison Barclay Estates warns the award-winning Mercure hotel at Chartist Tower may close unless Newport Council agrees to a new ground lease reflecting post-Covid realities. The hotel generates £10m annually for the city.
New Occupier Sought for Former BAE Brough Factory
Property consultants Knight Frank are marketing 230,000 sq ft of former BAE Systems fighter jet factory space at Humber Enterprise Park, Brough, after a multimillion-pound refurbishment.
Sky Buys ITV Media Arm for £1.6bn; No Job Guarantees
Sky acquires ITV's Media and Entertainment division for £1.6bn; executives warn no guarantees on jobs as duplication may lead to redundancies over several years.
Welsh Gov Pulls £100m PR Contracts
The Welsh Government has decided not to sign off on two contracts worth nearly £100m for media buying and PR services, leaving selected firms facing uncertainty.
Sky Buys ITV Broadcasting Arm for Up to £1.6bn
Sky has agreed to acquire ITV's broadcasting division for up to £1.6bn, ensuring ITV shows remain free and public service broadcasting is safeguarded.
Swansea and Cardiff BIDs Win Ballot Mandates for Five Years
Business improvement districts in Swansea and Cardiff have secured overwhelming mandates for another five-year term, with Cardiff expanding to include the Bay area.
BMO to Acquire Euroz Hartleys Capital Markets Business
BMO Financial Group has agreed to acquire the capital markets business of Euroz Hartleys Group for approximately A$80 million, expanding its Australian operations.
Vaughan Gething takes N3XUS board role
Former First Minister Vaughan Gething has been appointed as a non-executive director of N3XUS, a firm helping governments and companies implement ESG strategies.
UK Steel Tariffs Will Make British Companies 'Can't Compete'
Everhot's boss urges government to reconsider steel tariffs, citing rising costs and fears that UK firms cannot compete globally.
New Petrol and Diesel Rules Will 'Decimate' UK Car Industry
Sir Keir Starmer urged to soften 2030 petrol and diesel ban as reports suggest EV sales targets may be halved to 50% by 2030.
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