Rightmove formally rejects £5.6bn takeover proposal from Rupert Murdoch-backed REA
This morning, Rightmove announced that it had formally rejected a £5.6bn takeover bid from Rupert Murdoch-owned property company REA group on 2 September. The property portal confirmed it had receive
Tech chiefs warn Chancellor not to undermine growth with tax hike
A sweeping hike in capital gains tax (CGT) risks “undermining the chancellor’s growth agenda” and could suck talent and investment away from Britain’s start-ups, some of the country’s top fi
Amazon Web Services plots £8bn investment in UK data centres
Amazon Web Services (AWS) is planning to invest £8bn to build, maintain and operate a number of data centres in the UK over the next five years. The tech giant’s cloud division estimates the cash i
Barclays calls on UK to ‘break down barriers’ keeping £430bn from capital markets
Barclays has warned that UK capital markets are missing out on £430bn in cash deposits as it called on authorities to create a "more balanced environment" for banks to support potential investors.
Aussies in town as England white-ball team looks for rebuild
It seems like we’ve only just stopped talking about English cricket and indeed we had – the Test series finished less than 48 hours ago – but it’s already back on the agenda today as the white
WH Smith shares jump on buyback plan after pension buy-out frees up cash
WH Smith has announced strong revenue growth, driven by a boost in its airport and train station stores and a £50m share buyback programme. It also announced a £85m cash benefit as the result of its