Wood Group races to finalise Sidara deal by end of June
Wood Group, the troubled London-listed oil services company, is racing to finalise a cut-price takeover by a Gulf-based rival by the end of the month.
Business news
Wood Group races to finalise Sidara deal by end of June
KPMG to launch election process for next global chair
KPMG, one of the world's big four accountancy firms, is preparing to kick off a process to select its next global chairman amid growing speculation that its UK chief intends to stand for the role.
Poundland-owner closes in on sale of struggling discount chain
Poundland's parent company is preparing to hand over tens of millions of pounds to help fund a takeover of the struggling British discount chain.
Hong Kong giant CKI demands to rejoin auction of stricken Thames Water
The Hong Kong-based investor CK Infrastructure Holdings (CKI) is demanding to be readmitted to the auction of ailing Thames Water, days after its preferred bidder walked away and pushed it closer to the abyss of nationalisation.
M&S resumes limited online sales after ransomware attack
Marks & Spencer (M&S) has resumed some online clothes orders six weeks after a damaging cyberattack that the retailer has warned will cost it hundreds of millions of pounds.
UK unemployment rises to highest in four years
The UK's jobless rate ticked up to 4.6% in April while payrolled employment has fallen sharply since, according to official figures covering the period when budget tax hikes on businesses came into effect.
More cash for schools, NHS and defence expected as chancellor unveils spending review
The chancellor will unveil the spending review at lunchtime - with plans to invest billions of pounds across the UK.
The spending review: Five things you need to know
Even for those of us who follow these kinds of things on a regular basis, the spending review is, frankly, a bit of a headache.
Aussie giant Macquarie takes off with stake in London City Airport
The Australian financial giant Macquarie is close to snapping up a stake in London City Airport – the capital's fifth-biggest – amid a wider shake-up in its ownership structure.
The winners and losers in the chancellor's spending review
"It's a big deal for this government," says Simon Case.
Tobacco giant BAT launches quest to smoke out next chairman
The FTSE-100 cigarette-maker British American Tobacco (BAT) is preparing to kick off the search for a new chairman.
Cutting agricultural budget could be 'catastrophic' for nature, farmers and charities warn
The National Trust and RSPB have joined forces with farmers to warn the government that cutting the agricultural budget could be "catastrophic" for nature and rural businesses.
Half of SME housebuilders ‘to be bust by next election’, report to warn
Half of Britain’s 2,500 remaining smaller housebuilders could crash into insolvency by the end of this parliament as a consequence of the cost of industry regulations, a report will warn this week.
Paternity pay in UK is one of the lowest in the developed world, MPs say
The UK has one of the "worst statutory leave offers for fathers and other parents in the developed world", the chairwoman of the Women and Equalities Committee has warned.
Govt commits £14.2bn to new nuclear power station
Fifteen years after the Sizewell C nuclear power station was proposed, the government will announce a £14.2bn commitment to the Suffolk site.
Buyout firms circle corporate intelligence firm G3
A corporate intelligence firm which employs Sir John Sawers, the former head of MI6, is closing in on a deal to sell a big stake to a buyout firm.
Ashley's Frasers explores bid for ailing Revolution Beauty
Mike Ashley, the high street billionaire, is exploring a cut-price takeover bid for struggling Revolution Beauty – a move that would stoke animosity between him and rival London-listed retailer Debenhams.
River Island owners draw up rescue plan for high street chain
The family behind River Island, the high street fashion retailer, is drawing up a radical rescue plan which could put significant numbers of stores and jobs at risk.
Faster drug treatments and longer-lasting batteries to come from £86bn spending review package
Research into faster drug treatments and longer-lasting batteries will form part of the £86bn science and technology funding due to be unveiled in the government's spending review next week.
Administrators lined up for UK arm of Microsoft-backed Builder.ai
Administrators are on standby to handle the collapse of the UK arm of Builder.ai, a Microsoft-backed start-up which has filed for bankruptcy protection in the US.
SlimFast owner gets into shape with launch of dieting brand sell-off
The owner of SlimFast has kicked off a sale of the weight loss brand after hiring advisers to orchestrate an auction.
HSBC sounds out ex-McKinsey chief Sneader about chairmanship
A former McKinsey boss is among the candidates being considered to replace Sir Mark Tucker as the chairman of HSBC Holdings.
'A policy Labour never liked - but may not be able to scrap'
Labour may announce tweaks to the two-child benefit cap so that it exempts certain families, Harriet Harman has suggested.
Biggest lottery prize UK has ever seen is still up for grabs
There is still the chance for someone to secure the biggest lottery prize the UK has ever seen, after Friday's EuroMillions draw had no winners.
In a dangerous world, the explosive Trump-Musk bust-up is more terrifying than titillating
Elon Musk posted in February that he loved his president, patron and personal friend, "as much as a straight man can love another man."
Musk-Trump row explodes as Tesla boss claims US president appears in Epstein files
Elon Musk says Donald Trump appears in files relating to the disgraced paedophile financier Jeffrey Epstein.
US hiring slows but employment resilient in face of trade war threats
The US economy saw a slowdown in hiring but no leap in unemployment last month as the impact of Donald Trump's trade war continues to play out.
What a weakening dollar means for Trump - and the UK
The weakening of the US dollar has arguably been the story of the year for financial markets.
Harry Kane-backed SeatUnique to score with £10m funding
A premium ticketing platform backed by the England football captain Harry Kane is raising a further £10m in funding to take advantage of the fast-growing "experience economy".
British Airways-owner IAG braced for turbulence over pay
The owner of British Airways (BA) is the latest in a string of blue-chip London-listed companies to face investor unrest this year over its executives' multimillion pound pay packages.
More news on Dover Wealth Management
The Hong Kong-based investor CK Infrastructure Holdings (CKI) is demanding to be readmitted to the auction of ailing Thames Water, days after its preferred bidder walked away and pushed it closer to the abyss of nationalisation.
Marks & Spencer (M&S) has resumed some online clothes orders six weeks after a damaging cyberattack that the retailer has warned will cost it hundreds of millions of pounds.
The UK's jobless rate ticked up to 4.6% in April while payrolled employment has fallen sharply since, according to official figures covering the period when budget tax hikes on businesses came into effect.
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