Business news

• Advisers line up for £300m fees bonanza as hostile bidder for G4S makes a firm offer

  17-10-2020 22:34 via uk.finance.yahoo.com
  
  Bankers, lawyers, accountants and public relations advisers are in line for fees of more than £300m if GardaWorld succeeds in its hostile bid for G4S. The Canadian bidder, backed by the London private equity firm BC Partners, issued its formal offer to G4S shareholders yesterday, revealing the potential bonanza for advisers. Six banks are due to share up to £180m for arranging financing for the £3bn bid. Of those, Barclays, UBS, Bank of America and Jefferies are due to split up
  
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• Acting on climate change can get us out of recession. There are no excuses left

  17-10-2020 21:00 via uk.finance.yahoo.com
  
  Acting on climate change can get us out of recession. There are no excuses left. The IMF says we can increase economic growth over the next 15 years and decrease emissions to net zero by 2050
  
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• Thai central bank extends $16 billion soft loans for smaller firms by six months

  17-10-2020 19:34 via uk.finance.yahoo.com
  
  Thailand's central bank extended its 500 billion baht (12.41 billion pounds) soft loan programme by six months to help small- and medium-sized enterprises (SMEs) cope with the impact of the coronavirus pandemic, according to a statement on its website.The Bank of Thailand (BOT) also allowed listed SMEs to participate in the programme, which started in April as part of a larger 1.9 trillion baht coronavirus response package.The BOT predicts a record economic contraction of 7.8% this year.
  
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• Advisers to G4S bidder GardaWorld in line for £312m payday

  17-10-2020 18:27
  Canadian security group releases offer document on £3bn hostile takeover bid for UK rival
  
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• ‘I can no longer do the job’: Salisbury police officer poisoned by novichok quits force

  17-10-2020 17:45 via uk.finance.yahoo.com
  
  Detective Sergeant Nick Bailey leaves after 18 years in job
  
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• Shareholder pressure pushes FTSE 100 firms to cut CEO pensions

  17-10-2020 17:42 via uk.finance.yahoo.com
  
  As a result, 98% of FTSE 100 firms have aligned directors' defined benefit pension contributions with those of employees.
  
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• NBA: The money is on Luka Doncic becoming MVP this coming season

  17-10-2020 17:23 via ibtimes.co.uk
  
  Giannis Antetokounmpo will have some tough competition for the MVP crown next season.
  
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• Pandemic wave risks delaying euro zone recovery: ECB's Panetta

  17-10-2020 17:07 via uk.finance.yahoo.com
  
  The risk that the second wave of the coronavirus pandemic could derail the euro zone’s recovery from deep recession makes ultra-easy monetary policy all the more necessary, European Central Bank board member Fabio Panetta has told a Greek newspaper.The ECB expects the bloc’s economy to return to its pre-crisis level by the end of 2022 - but Panetta said this projection was now at risk, a comment likely to reinforce expectations that the ECB will expand its stimulus efforts in Decembe
  
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• Catches, quotas and communities: the key fisheries issues at stake

  17-10-2020 17:00 via uk.finance.yahoo.com
  
  Catches, quotas and communities: the key fisheries issues at stakeWhat are the forces at play as the end of the Brexit transition period looms?
  
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• Brixham's fishermen hope Brexit will tip the scales for a shrinking industry

  17-10-2020 17:00 via uk.finance.yahoo.com
  
  Brixham's fishermen hope Brexit will tip the scales for a shrinking industryBountiful waters off south Devon are also fished by EU boats, according to EU rules. Now British fleets are expecting change
  
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• NBA transfer rumours: Miami Heat preparing to offer max contract to two-time MVP Giannis Antetokounmpo

  17-10-2020 16:50 via ibtimes.co.uk
  
  The Greek Freak might just be tempted to move to Miami if it means the possibility of a championship ring.
  
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• NHS using drones to deliver coronavirus kit between hospitals

  17-10-2020 16:36 via uk.finance.yahoo.com
  
  NHS using drones to deliver coronavirus kit between hospitals. Trials in Essex using GPS-enabled remote-controlled aircraft to carry blood tests and PPE
  
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• Anthony Davis among players who might opt-out of contract to find other teams

  17-10-2020 16:33 via ibtimes.co.uk
  
  Some players may be thinking about making strategic moves before the start of the 2020-21 NBA season.
  
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• Boss of world's largest asset manager is bearish on emerging markets

  17-10-2020 16:06 via uk.finance.yahoo.com
  
  BlackRock CEO, Larry Fink said that COVID-19 poses an extra burden on emerging economies and their health systems.
  
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• Creditors back plan to get India's Jet Airways flying again

  17-10-2020 15:53 via uk.finance.yahoo.com
  
  Creditors on Saturday backed a surprise plan by a consortium to revive Jet Airways 18 months after India's biggest private airline went bankrupt with $1.2 billion in debt.
  
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• UK, EU to discuss 'structure' of Brexit talks after walkout threat

  17-10-2020 15:28 via ibtimes.co.uk
  
  Prime Minister Boris Johnson said there was no point in holding any more talks without a dramatic softening of the EU's position.
  
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• Jacinda Ardern wins landslide in New Zealand's 'Covid election'

  17-10-2020 15:04 via ibtimes.co.uk
  
  Saturday's vote marked the first time any leader won an absolute majority in New Zealand since 1996.
  
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• England councils warned of £5bn funding gap on waste and recycling services

  17-10-2020 15:01 via uk.finance.yahoo.com
  
  Data from the Local Government Association shows that eight in 10 councils reported a rise in the volume of paper, cardboard, plastic and glass being collected since the start of the national lockdown.
  
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• Gordon Brown warns of economic ‘double cliff edge’

  17-10-2020 14:31 via uk.finance.yahoo.com
  
  The former prime minister said he feared rising unemployment from Brexit and the Covid-19 pandemic.
  
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• Greek central bank chief warns of 9.4% economic slump if pandemic worsens

  17-10-2020 14:26 via uk.finance.yahoo.com
  
  Greece's recession-hit economy could shrink at a rate closer to its central bank's worst-case scenario if the coronavirus pandemic deepens, the head of the Bank of Greece said on Saturday.The central bank has forecast the economy to contract by 7.5% this year under a baseline scenario, faring worse than a previous forecast of a 5.8% decline in gross domestic product."A possible worsening of the pandemic, coupled with more restrictive measures in the fourth quarter, could bring the economy closer
  
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• Food supply chain to hospitals, care homes, schools and prisons on brink of collapse, wholesalers warn

  17-10-2020 14:22 via uk.finance.yahoo.com
  
  Food wholesalers have warned the Chancellor that their supply chain to hospitals, care homes, schools and prisons is on the brink of collapse due to restrictions on pubs and restaurants. Forcing customers to leave eating and drinking venues at 10pm, combined with reduced demand for hospitality services due to social distancing, has put unsustainable pressure on the industry, the Federation Of Wholesale Distributors and Food and Drink Federation argue. In a letter to Rishi Sunak, they are now cal
  
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• Why I’d buy and hold cheap shares today

  17-10-2020 13:36 via uk.finance.yahoo.com
  
  Buying cheap shares today and holding them for the long run could lead to high returns. As such, now could be the right time to build a portfolio of stocks.
  The post Why I’d buy and hold cheap shares today appeared first on The Motley Fool UK.
  
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• Boohoo in search for new auditor as PWC set to resign

  17-10-2020 13:27 via uk.finance.yahoo.com
  
  In September, a damning review found 'many failings' in working conditions and low pay in the firm's Leicester supply chain.
  
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• Deloitte to shut four UK offices as COVID-19 entrenches remote working

  17-10-2020 13:22 via uk.finance.yahoo.com
  
  COVID-19 has changed working life for millions of people around the world, many of whom have switched from offices to working from home - reducing demand for office space and prompting companies to opt out of lease renewals.Deloitte said it would shut its offices in Gatwick, Liverpool, Nottingham and Southampton, where about 500 people work."COVID-19 has fast-tracked our future of work programme, leading us to review our real estate portfolio and how we use our offices across the UK, including L
  
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• Forget NS&I Premium Bonds. I’d buy UK dividend shares for a passive income

  17-10-2020 12:41 via uk.finance.yahoo.com
  
  NS&I Premium Bonds offer safety, but lack returns. That's why I’d buy high-quality UK dividend shares for a passive income instead.The post Forget NS&I Premium Bonds. I’d buy UK dividend shares for a passive income appeared first on The Motley Fool UK.
  
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• The BP share price is at a 25-year low! Here’s why I’d buy today

  17-10-2020 12:27 via uk.finance.yahoo.com
  
  The BP share price has plunged to a 25-year low, which may be a great opportunity for long-term investors seeking income and capital growth.The post The BP share price is at a 25-year low! Here’s why I’d buy today appeared first on The Motley Fool UK.
  
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• Richest person in Europe's wealth rockets as luxury sales recharge

  17-10-2020 12:24 via uk.finance.yahoo.com
  
  Before COVID-19, Bernard Arnault's net worth was soaring but the forced closure of retail stores and record job losses wiped out almost 50% of his personal wealth.
  
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• Want to make a million? 2 UK shares I’d buy right now

  17-10-2020 12:17 via uk.finance.yahoo.com
  
  Buying these two UK shares, which are some of the best growth stocks on the London market, could help investors make £1m.The post Want to make a million? 2 UK shares I’d buy right now appeared first on The Motley Fool UK.
  
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• Tiffany Trump receives birthday wish from sister Ivanka, but it is horribly wrong

  17-10-2020 12:07 via ibtimes.co.uk
  
  Ivanka Trump tagged a fake account with just over 700 followers by mistake.
  
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• Have £3k to invest in an ISA? 3 cheap UK shares I’d buy for explosive profits growth

  17-10-2020 11:44 via uk.finance.yahoo.com
  
  Are you looking to squeeze every last inch of value from your hard-saved cash? Well you're in luck! I reckon these UK shares are too cheap to miss.The post Have £3k to invest in an ISA? 3 cheap UK shares I’d buy for explosive profits growth appeared first on The Motley Fool UK.
  
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• Which UK shares should you buy before Brexit?

  17-10-2020 11:38 via uk.finance.yahoo.com
  
  Rupert Hargreaves outlines some UK shares that should continue to generate attractive returns for investors in any Brexit scenario.The post Which UK shares should you buy before Brexit? appeared first on The Motley Fool UK.
  
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• 3 cheap shares I think could be big winners in 2021

  17-10-2020 11:03 via uk.finance.yahoo.com
  
  Investing in unloved consumer stocks could be a profitable strategy, says Roland Head. Here are three cheap shares he'd buy today.
  The post 3 cheap shares I think could be big winners in 2021 appeared first on The Motley Fool UK.
  
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• Amid tensions with China, India warns Amazon, Flipkart over country of origin rule

  17-10-2020 11:00 via uk.finance.yahoo.com
  
  The Indian government has warned Amazon.com's local unit and Walmart's Flipkartthat sellers on their platforms are not complying with a rule requiring that a product's country of origin be specified.A push for strict enforcement of the rule has come amid tensions between India and China following a border skirmish which began in June, and is part of India's efforts to cut down on Chinese-made imports.Representatives for Amazon and Flipkart did not immediately respond to Reuters requests seeking
  
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• COVID-19 and Brexit pushes Moody's to downgrade UK credit rating

  17-10-2020 10:58 via uk.finance.yahoo.com
  
  The agency said that the UK’s growth had been “meaningfully weaker than expected and is likely to remain so in the future.”
  
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• G4S faces fresh salvo in £3bn hostile takeover bid

  17-10-2020 10:30
  GardaWorld accuses security group of ‘baseless optimism’ over prospects
  
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• The 2020 stock market crash: my 5 best shares to buy now

  17-10-2020 10:19 via uk.finance.yahoo.com
  
  More new investors than ever are getting started in this stock market crash. But what shares should you buy? I reckon these five should be a good start.
  The post The 2020 stock market crash: my 5 best shares to buy now appeared first on The Motley Fool UK.
  
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• Top income stocks for October 2020

  17-10-2020 10:06 via uk.finance.yahoo.com
  
  We asked our freelance writers to share the top income stocks they’d buy for October, including Vodafone, Unilever and IG Group.
  The post Top income stocks for October 2020 appeared first on The Motley Fool UK.
  
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• Peer-to-peer lending: ‘I’m 19,050th in the queue to get my savings back’

  17-10-2020 10:00 via uk.finance.yahoo.com
  
  Peer-to-peer lending: ‘I’m 19,050th in the queue to get my savings back’. A surge of requests to withdraw funds amid the Covid pandemic has led to a huge backlog
  
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• No savings at 40? I’d buy cheap UK shares in an ISA to retire rich

  17-10-2020 09:33 via uk.finance.yahoo.com
  
  Buying cheap UK shares could have a positive impact on your long-term financial prospects, in my view. They may even help you to retire early.
  The post No savings at 40? I’d buy cheap UK shares in an ISA to retire rich appeared first on The Motley Fool UK.
  
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• Worried about the State Pension? I’d buy UK dividend shares to make a passive income

  17-10-2020 09:25 via uk.finance.yahoo.com
  
  UK dividend shares could offer a growing passive income in my view. They may reduce your reliance on an inadequate State Pension.
  The post Worried about the State Pension? I’d buy UK dividend shares to make a passive income appeared first on The Motley Fool UK.
  
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• Brexit: Trade talks with the EU are over, says No 10

  17-10-2020 09:11 via bbc.co.uk
  
  "No point" in further discussions with the EU unless it changes course, Downing Street says.
  
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• Drivers to be banned from picking up mobile phones

  17-10-2020 09:03 via bbc.co.uk
  
  The change to UK law ends a loophole allowing drivers to use phones to take photos or play games.
  
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• Investing like Warren Buffett: I think these 2 ‘must own’ FTSE 100 shares are too cheap to miss

  17-10-2020 08:59 via uk.finance.yahoo.com
  
  When legendary figures like Warren Buffett speak it's worth paying close attention. I'd follow the stocks guru's advice and buy these FTSE 100 shares today.
  The post Investing like Warren Buffett: I think these 2 ‘must own’ FTSE 100 shares are too cheap to miss appeared first on The Motley Fool UK.
  
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• Forget the US election. I’d listen to Warren Buffett and buy cheap shares to become an ISA millionaire

  17-10-2020 08:59 via uk.finance.yahoo.com
  
  Don't waste your time trying to predict who will win next month. This Fool thinks you should carry on investing like Warren Buffett.
  The post Forget the US election. I’d listen to Warren Buffett and buy cheap shares to become an ISA millionaire appeared first on The Motley Fool UK.
  
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• The Rolls-Royce share price is up 11% in a day! Would I buy the FTSE 100 stock now?

  17-10-2020 08:52 via uk.finance.yahoo.com
  
  The Rolls-Royce share price rose sharply on its fund-raising plans. But, can it continue to rise? Or are there alternative investments to consider?
  The post The Rolls-Royce share price is up 11% in a day! Would I buy the FTSE 100 stock now? appeared first on The Motley Fool UK.
  
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• Stock market crash: 3 cheap FTSE 100 shares I’d buy in an ISA for the new bull market

  17-10-2020 08:36 via uk.finance.yahoo.com
  
  Want to get rich during the economic recovery? Of course you do. And I think these cheap FTSE 100 stocks could help you in your quest.
  The post Stock market crash: 3 cheap FTSE 100 shares I’d buy in an ISA for the new bull market appeared first on The Motley Fool UK.
  
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• How I’d invest £10k today: an ISA filled with FTSE 100 dividend shares

  17-10-2020 08:36 via uk.finance.yahoo.com
  
  If you're looking for ideas on how to invest £10k, these stocks have high profit margins and attractive dividends, says Roland Head.
  The post How I’d invest £10k today: an ISA filled with FTSE 100 dividend shares appeared first on The Motley Fool UK.
  
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• How I’d invest £500 now

  17-10-2020 08:29 via uk.finance.yahoo.com
  
  Here’s why I’d invest £500 right now, and three investment ideas for spreading the money within a Stocks and Shares ISA.
  The post How I’d invest £500 now appeared first on The Motley Fool UK.
  
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• Eurasia Mining share price rises 765% year-to-date. Is it a good stock to buy?

  17-10-2020 08:11 via uk.finance.yahoo.com
  
  Eurasia Mining's share price has been enjoying a wild ride. Will it find a buyer and realise shareholder riches? Or is this a Russian risk to avoid?
  The post Eurasia Mining share price rises 765% year-to-date. Is it a good stock to buy? appeared first on The Motley Fool UK.
  
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• Which are the best FTSE 100 shares to buy right now? Here are my top picks

  17-10-2020 08:09 via uk.finance.yahoo.com
  
  Looking for the best FTSE 100 shares on the market? Here are two of my standout picks that I think make for solid long-term investments.
  The post Which are the best FTSE 100 shares to buy right now? Here are my top picks appeared first on The Motley Fool UK.
  
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