UK business growth slows as budget uncertainty hits investment plans; German recession ‘baked in’ – business live
Fiscal policy uncertainty ahead of the Autumn Budget is biggest fear for companies, survey finds, while Germany’s malaise continues
Newsflash: Rightmove has said it will “carefully consider” the new, inproved, takeover offer from REA Group, and respond “in due course”.
In a statement to the City, Rightmove confirms it has received a third proposal from REA, which it dubs “unsolicited, non-binding and highly conditional”.
“Rightmove is an exceptional company with a very clear strategy, a consistent track record of delivery and a strong management team. The Board is confident in the Company’s short and long term prospects, and sees a long runway for continued shareholder value creation.
“Based on the implied value and structure of REA’s first and second indicative non-binding proposals, we considered these proposals to be uncertain, highly opportunistic and unattractive. Accordingly, the Board unanimously rejected them.
Continue reading...Date: | |
Tag: | United Kingdom |
-
Financial Times - World
Commerzbank warns UniCredit merger is threat to German businesses
German bank says potential multibillion tie-up with Italian rival could hit lending to Mittelstand companies7 hours ago - Germany -
Inc. - Business
The Conversation You're Not Having With Your Employees Is Slowing Your Growth
Why employees resist growth, and how to change the narrative.19 hours ago -
Financial Times - World
The UAE’s growth plan to boost ranks of Emiratis
Trend for smaller families prompts concern among locals who are outnumbered 9 to 1 by migrant populationYesterday -
Financial Times - Business
Can cricket replicate the success of the Indian Premier League?
The franchise has inspired a flurry of fast-paced competitions designed to draw in untapped audiences, but the field is getting crowded3 days ago -
Financial Times - Business
Investors pile into OpenAI’s $6bn funding round in unprecedented bet
Venture groups believe ChatGPT-maker will eventually be the world’s dominant AI company and worth trillions of dollars2 days ago -
Financial Times - World
The FT’s favourite business lunch restaurants in London
17 venues in and around the City worth rescheduling your 2pm for, and the best tables at each2 days ago
More from The Guardian
-
The Guardian - World
Middle East crisis live: At least 50 killed and 300 wounded by Israeli strikes on Lebanon, health ministry says
Israel claims to have struck 300 Hezbollah targets inside Lebanon. Israel’s defense minister Yoav Gallant has told the Israeli public they must “stay calm, disciplined and fully compliant with the ...22 minutes ago - Israel -
The Guardian - World
Russia-Ukraine war live: Volodymyr Zelenskyy says ending war at Ukraine’s expense is ‘unacceptable’
Ukraine president issues rebuke to Donald Trump’s running mate JD Vance who has pushed for negotiations with Russia. Relations with Russia should be reconsidered after its war in Ukraine is over, ...32 minutes ago - Ukraine -
The Guardian - World
Trump says he won’t run for president again in 2028 if he loses in November
Republican nominee says in interview that he ‘doesn’t see that at all’ and he hasn’t made deals with Musk or RFK Jr. Donald Trump said in an interview released on Sunday that he did not think he ...15 hours ago - Donald Trump -
The Guardian - World
‘Amazed I’m still alive’: surfer survives massive wipeout in Tasmania
Mikey Brennan disappeared from view as wave crashed over him at notoriously dangerous surf spot Shipstern Bluff. A big-wave specialist says he is lucky to be alive after escaping relatively ...7 hours ago -
The Guardian - World
New French interior minister vows to ‘restore order’ amid criticism from left – Europe live
Bruno Retailleau calls for order ‘on the streets’ and ‘at the borders’ as he takes control of France’s interior ministry. The far-right Alternative für Deutschland (AfD) party had made ...24 minutes ago