Andrea Leadsom’s 11th-hour review of US private equity takeover looks doomed to fail
Andrea Leadsom to the rescue? The business secretary has ordered a formal review, on national security grounds, into the proposed £4bn purchase of Cobham, the Dorset-based defence firm, by a US private equity house. So one might imagine an uplifting twist to this depressing takeover tale – an 11th-hour escape.It’s a very long shot, sadly. An intervention would require Leadsom to identify
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-
Cobham sale is a bad deal but not a national security threat
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‘They’ve run off with our goods’ – anger at Albemarle & Bond HQ
Deadlock between security guard and irate customers at stricken pawnbroker’s Oxford warehouse
On Cowley Road in Oxford, irate customers of the stricken pawnbroker Albemarle & Bond are locked in a showdown with a private security guard who stands between them and their valuables.At the back of this shabby shop is a warehouse where family heirlooms and sundry valuables have been sent from pawnbrokers around Britain for safekeeping after the company abruptly closed all of its 113 shops la -
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UK’s biggest supermarket rules out sale of chlorine-washed chicken from US -
Have you been affected by the closure of pawnbroker Albemarle & Bond?
We’d like to hear from staff and customers who have been affected by Albemarle & Bond shutting its shops. Share your experiences Pawnbroker Albemarle & Bond has been criticised for “woefully inadequate” communication with customers after the company closed its shops and website last Friday. The National Pawnbrokers Association (NPA), the UK trade body of which Albemarle & Bond is a member, said it was receiving hundreds of calls a day from concerned customers who ha -
Foodmakers prepare the no-deal Brexit sandwich
Recipes changed and ingredients stockpiled in effort to safeguard nation’s staple lunch -
Kingfisher profits hit by weakness in France and UK B&Q stores
DIY merchant sees ‘mixed’ outlook by geography with ‘continued uncertainty’ in UK -
Loyalty cards: how to make the most of them
Savvy shoppers game the system to collect the maximum amount of points -
Amazon/food sales: perdition postponed
Established groups need not always feel as terrified of retailer as they sometimes seem to
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