Financial news

• Rupert Murdoch’s REA group ups offer for Rightmove to £5.9bn

  20-09-2024 23:41
  
  About £300m added to deal for UK’s biggest online real-estate portal after first proposal unanimously rejected The Rupert Murdoch-controlled Australian property group REA has upped its proposed offer for Rightmove, the UK’s biggest online property portal, to £5.9bn.REA, in which Murdoch’s News Corporation has a 61% stake, has sweetened its initial proposal by about £300m after Rightmove’s board last week unanimously rejected the first offer as “fun
  
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• Live and let fly: James Bond helicopter firm awaits UK decision on £1bn deal

  20-09-2024 17:38 via theguardian.com
  
  Jobs in Yeovil, the UK’s last helicopter factory, could be at risk if Labour decides not to award contract to LeonardoThe Merlin helicopter sitting on a factory floor in Yeovil is a familiar sight to James Bond aficionados: it featured in the climactic shootout of the 2012 film, Skyfall.Workers at the Somerset factory are upgrading the aircraft for the Canadian air force, a lucrative source of income for its owner, Italian state-backed weapons maker Leonardo. Continue reading...
  
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• Which family drama has Rupert Murdoch in a leading role? | Fiona Katauskas

  20-09-2024 17:00 via theguardian.com
  It’s all about successionSee more of Fiona Katauskas’s cartoons here Continue reading...
  
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• Lawyers for Mohamed Al Fayed’s alleged victims describe him as a 'monster' – video

  20-09-2024 15:08 via theguardian.com
  Barristers representing the alleged victims of Mohamed Al Fayed have likened the case to that of Jimmy Savile as they spoke to journalists on Friday. The late Harrods owner was described as a 'monster' during the press conference held by the legal team who featured in the BBC documentary Al-Fayed: Predator At Harrods. More than 20 female former employees have spoken to the broadcaster as part of a special investigation, coming forward to make allegations of assault and physical violence, said to
  
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• UK consumer confidence falls sharply amid fears of ‘painful’ budget

  20-09-2024 09:19
  
  Concerns over government plans wipe out progress made this year to rebuild household moraleUK debt hits 100% of GDP, the highest level since 1960sBusiness live – latest updatesConsumer confidence in the UK has fallen sharply amid growing concerns over government plans for a “painful” budget, risking a hit to the economic recovery from the cost of living crisis.The latest barometer of sentiment from the data company GfK found consumer confidence fell to the lowest level since Ma
  
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• Homes with incentives for first-time buyers in England – in pictures

  20-09-2024 08:00
  
  From a £5,000 John Lewis voucher to £500 a month towards the mortgage or a straight £10,000 to spend your way Continue reading...
  
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• Fear and sanctions have failed to get Britain working. Why not try tea and empathy? | Polly Toynbee

  20-09-2024 07:00
  
  A radical rebrand will get people off benefits and into training and work. The system must be robust, but also humaneJobcentres are the “least well-used” and “least well-loved” of all public services, a failure at the heart of the economy that helps account for the biggest contraction in the workforce since the 1980s. So said the employment minister, Alison McGovern, as she launched a report from the Institute for Employment Studies, a commission she worked with closely.
  
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• NHS must be scrapped to save lives government is told in urgent message

  20-09-2024 06:00 via express.co.uk
  
  The Institute for Economic Affairs claims there has been a "huge shift" in public support for replacing the NHS.
  
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• Ministers and union leaders to hold crunch talks over workers’ rights plans

  20-09-2024 06:00
  
  Exclusive: government is hoping to avert a potentially damaging row at Labour conferenceTrade union leaders will meet senior ministers on Saturday for crunch talks on the government’s workers’ rights package, as the government looks to head off a potentially damaging row at Labour conference.General secretaries from the 11 unions affiliated to Labour will meet Angela Rayner, the deputy prime minister, and Jonathan Reynolds, the business secretary, on the eve of conference to thrash o
  
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• ISA warning over Labour 'sting in the tail' as lifetime cap could hit all savers

  20-09-2024 05:00 via express.co.uk
  
  The Government could change yearly allowances for ISAs, an expert has warned.
  
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• Barclays alert as customer 'targeted by fraudsters' on two bank cards

  20-09-2024 01:04 via express.co.uk
  
  The customer needed to access their funds immediately to pay for travel costs.
  
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