Category: Business

Giant American fashion and investment corporations are eyeing up bids for Topshop and its parent group Arcadia. Authentic Brands – which owns a stable of global fashion businesses including Juicy Couture – is understood to be among the interested parties. Rival contenders include private equity titans Fortress, Elliott Management, Apollo and OpCapita, sources told The […]

Let’s look forward. We have no idea which way the coin will fall over our trade relationship with Europe, but can have a feeling for how our trading relationships will shift in the coming years. Whatever happens we will be trading less with Europe and more with the rest of the world. There are a […]

Rolls-Royce is throwing its weight behind a string of green projects as it prepares to wait five years for the aviation industry to bounce back. The British engineer was forced to raise £2billion from shareholders last month after global travel restrictions hammered its revenues from maintaining plane engines. Chief executive Warren East told The Mail […]

British drugs giant AstraZeneca will acquire North American rival Alexion Pharmaceuticals in a deal worth $39billion (£29.5billion), it was announced yesterday. The deal would give Astra, which is based in Cambridge, access to Alexion’s expertise in rare disease treatments, blood disorders and immunology. It will also build on chief executive Pascal Soriot’s turnaround of the […]

Mike Ashley is racing to complete a deal to buy Debenhams this weekend, sources have told The Mail on Sunday. The sportswear mogul is in talks to buy the £500million web business – to help him crack the high-end cosmetics market – but the Debenhams store chain has been vastly slimmed down. ‘There’s very little […]

Keith Williams is a man of many modes of transport. The corporate veteran spent 18 years at airline British Airways – the final five as chief executive and chairman – and will in the New Year publish his long-awaited review into the rail industry. Now he is the boss of Royal Mail – and drones […]

Estate agent Foxtons is handing investors a Christmas present after the booming housing market lifted its sales. The London-based firm previously raised £22million in April, when the housing market was temporarily shut, to help it survive the coronavirus crisis. But since then demand has been turbo-charged by the stamp duty holiday and a rush of […]