Among the companies with reports and trading updates today are Rightmove, Galliford Try, Oxford Biomedica, AstraZeneca, Schroders, and Legal & General.
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REA ups Rightmove offer to £6.1bn
REA Group has sweetened its takeover proposal for Rightmove to £6.1billion after two previous offers were rejected.
The online real estate advertising firm, whose majority owner is Rupert Murdoch’s News Corporation, has brought forward a new offer valuing Rightmove’s shares at 770 pence each.
More than 50 pubs a month are lost in England and Wales
More than 50 pubs a month on average were lost in England and Wales during the first half of 2024, analysis of Government data revealed today.
Real estate intelligence firm Altus Group said the overall number of pubs, including those which were vacant or being offered to let, fell to 39,096 at the end of June.
RUTH SUNDERLAND: Chancellor loses pension trust
Nervousness in the City is palpable ahead of the Budget with apprehension about possible tax raids by Rachel Reeves on pensions.
As my colleague John-Paul Ford Rojas reported in our sister paper the Mail on Sunday, the bosses of leading pension companies are imploring the Chancellor not to launch a tax raid on those saving for retirement.
Stop handouts to polluter Drax, say campaigners
Labour is facing growing calls to block handouts for Drax after the ‘green’ energy firm was hit with an air pollution fine in Mississippi.
Drax – which has been given more than £6billion of subsidies for its power station in North Yorkshire – is currently waiting for ministers to decide whether to extend subsidies beyond 2027.
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BUSINESS LIVE: REA ups Rightmove offer; Galliford Try gains contract; Oxford Biomedica losses fall
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