According to the Financial Times, which along with Sky News, first revealed details of CD&R’s intentions, the US buy-out firm approached Morrisons on 14 June. In addition to the cash offer, CD&R would take on Morrisons’ £3.2bn of debt, taking the total value of any deal to almost £9bn.
Torsten Bell, boss of the Resolution Foundation think tank which focuses on improving living standards, said it was “increasingly...
We must change the way we measure debt, says Rachel Reeves The government will change its self-imposed debt rules...
“We’ve got a very highly skilled, well run food manufacturing sector in this country at the moment which exports...
Meanwhile, c2c’s website says that as well as improving reliability given increased staff sickness rates, the timetable it has...
She paid £54,000 to the Post Office by re-mortgaging her home, which was later re-possessed, and told the inquiry...
He also reiterated his apology in front of Scottish members of parliament, saying: “On many occasions, I have reiterated...
But, she continued: “I decided given all of the difficulties the Post Office is having, it’s not just about...
The supermarket’s chief executive, Ken Murphy, said the deal would strengthen Tesco’s finances and allow it to grow its...
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