Thursday , July 29 2021

Business

The latest  Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into global markets.

UK rejects EU’s Northern Ireland moves, saying Brexit deal must be renegotiated

Boris Johnson has rejected Brussels’ latest attempt to iron out problems with the post-Brexit arrangements for Northern Ireland, insisting that the withdrawal agreement signed last year must be renegotiated. A series of proposals published by the European Commission on Monday with the aim of easing implementation of the Northern Ireland …

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Morrisons £5.5bn takeover bid did not ‘add genuine value’, says LGIM

Britain’s largest investor has criticised the £5.5bn takeover bid for Morrisons by a US private equity firm, saying it was “not adding any genuine value” as shares in the supermarket group rose by more than one-third. Legal & General Investment Management (LGIM), the seventh-largest shareholder in Morrisons, raised concerns about …

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‘It will be busiest year on record’: England caravan parks boom as lockdown eases

Caravan parks have recorded a boom in demand as lockdown measures are relaxed, providing an unlikely source of economic growth as overseas travel remains largely off-limits. Figures from the Office for National Statistics show activity in the UK’s accommodation and food services sector grew by 68.6% in April, with the …

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