Raleigh owner Accell files for insolvency after 139 years
Accell UK and Ireland, owner of 139-year-old bikemaker Raleigh, has filed to appoint administrators, with the wider group initiating insolvency proceedings.
Category : Acquisitions
Haas F1 team admits financial issues as investors sought
Haas team principal Ayao Komatsu says he is having "very good conversations" with potential investors as the team remains the only one spending below the F1 budget cap.
UK Construction Stabilises After Longest Slump Since 2008
UK construction shows signs of stabilising in July, with slower decline rates and improved confidence, despite longest slump since 2008.
WPP cuts 1,267 jobs in first half as AI adoption grows
WPP reduced its workforce by 1,267 employees in H1 2026, a 1.3% cut, to 97,388 staff, as it pursues cost savings amid AI growth and profit recovery efforts.
Wizz Air swings to loss as fuel costs soar
Wizz Air reported an operating loss of 183 million euros for the June quarter, citing soaring fuel costs from Middle East conflict, and warned of industry challenges ahead.
Flutter CEO Peter Jackson to step down as forecasts cut
Flutter, owner of Paddy Power, announced CEO Peter Jackson's departure and cut its yearly sales and earnings forecasts, citing US weakness.
Glasgow Builder Impact Contracts Enters Compulsory Liquidation
Impact Contracts (Glasgow) Limited has entered compulsory liquidation after HMRC court action, with a liquidator appointed to oversee the firm's affairs.
England Rugby Faces £10m Loss After Poor Six Nations
England's rugby union is expected to report a £10m loss, with the team's fifth-place Six Nations finish a contributing factor.
Beazley profits halve ahead of £8.1bn Zurich takeover
Beazley's pre-tax profits fell 52.7% to $237.7m in H1 2026, citing a challenging risk landscape and takeover costs, as its £8.1bn Zurich acquisition nears completion.
London Mint Office collapses into administration
The London Mint Office, with a distribution centre in Tonypandy, has entered administration, appointing joint administrators from Alvarez & Marsal.
Travis Perkins shares jump as turnaround lifts profits
Travis Perkins reports higher profits and shares jump 17% after 'encouraging early progress' in turnaround, despite subdued construction sector.
Trump: UK 'Bankrupt' Without North Sea Oil, Praises Burnham
Donald Trump says the UK is 'bankrupt' and must open North Sea oil, praising PM Burnham's stance on immigration and energy.
Segro accepts £14bn takeover from US firm Prologis
Segro has agreed to a £14 billion takeover by US firm Prologis, ending a weeks-long battle with three prior rebuffed offers.
BP profits soar to four-year high after Iran war boost
BP's quarterly profits surged 78% to $5.7bn, its highest in four years, amid Middle East conflict, drawing criticism from campaigners.
AstraZeneca in talks over £300bn merger with US rival
AstraZeneca and Bristol Myers Squibb have held talks over a potential merger that could create a drugs group worth more than £300 billion, reports say.
CRH to fully delist from London Stock Exchange next month
CRH to delist fully from London Stock Exchange in April, citing low trading activity and regulatory costs, in another blow to UK markets.
Sinclair takes 8% stake in EW Scripps as takeover speculation grows
Sinclair acquires 8.2% stake in rival EW Scripps as it weighs takeover; Scripps shares jump 40%.
Elon Musk to scale back Doge role as Tesla profits plunge 71%
Elon Musk to reduce Doge work from May as Tesla reports 71% profit drop, revenue miss, and mounting branding crisis.
Trump hails Apple’s $100bn US manufacturing pledge
Trump announces Apple will invest an extra $100bn in US manufacturing over four years, boosting total to $600bn and creating 20,000 jobs.
Sinkhole risk beneath Rhymney car park could cost £4m
A 'significant' sinkhole risk beneath a Rhymney business car park could cost up to £4m to fix, leaving two local employers in dispute over responsibility.
Netflix and Warner Bros: A Deal That Could Reshape Cinema
Netflix's acquisition of Warner Bros could transform the film industry, reshaping theatrical releases and the streaming giant's blockbuster ambitions.
Paramount Accuses Netflix of 'Scorched Earth' Campaign Over Warner Bros Discovery Merger
Paramount accuses Netflix of a 'scorched-earth campaign' to block its Warner Bros Discovery merger, as regulators review the deal.
Michael Jordan tells court he 'wasn't afraid' of Nascar in antitrust case
Michael Jordan testified in an antitrust trial against Nascar, saying he invested $40m and refused to sign a charter renewal he believed broke the law.
Source article unavailable for rewrite
The Guardian article could not be accessed, so no fact-based rewrite was possible. Producing one would risk fabricating details not in the source.
Unable to Rewrite Without Original Source Text
The original article cannot be accessed, so a faithful rewrite is impossible. Please provide the source text to proceed.
Greene King sells Old Speckled Hen to Spanish brewer Damm
Greene King sells Old Speckled Hen to Spain's Damm, continuing foreign takeover trend. Brewing moves to Bedford.
Trump and CBS near $20m settlement over Harris interview, report claims
Reports suggest a mediator has proposed a $20m settlement in Trump's lawsuit against CBS over a Kamala Harris interview, with negotiations stalled on an apology.
Barcelona Open Talks for Ex-Arsenal Defender Kiwior as Sell-On Clause Set to Boost Gunners
Barcelona have opened talks to sign Jakub Kiwior from Porto, potentially triggering a £1.7m sell-on clause for Arsenal. The defender left Arsenal permanently this month.
Staveley in Talks for West Ham Stake
Amanda Staveley's consortium is close to acquiring a 25% stake in West Ham, following the club's relegation. The deal includes potential future purchase of David Sullivan's shares.
Error: No source text (30.07.2026)
The source article could not be accessed. Unable to rewrite without the original content.
Page 11 of 129