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....Toby Lloyd, head of housing development at the homeless charity Shelter, says: “If public land is sold on the open market, the highest bidder is likely to be the one that makes the most aggressive assumptions about the amount of affordable housing they will have to provide. So competitive bidding for land tends to mean that the worst possible scheme will be the one that gets built. ... [Read full article on Guardian ]
Saturday 25th of March 2017 07:00:02 AM
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.... For five months, traders have swallowed whole the idea that the president would swiftly get a package of tax cuts through a Republican-dominated Congress, giving a boost to growth and corporate profits in the process. Yet the first real test of Trump’s ability to get lawmakers to do his bidding – the repeal of Obamacare – has been a disaster. ... [Read full article on Guardian ]
Sunday 26th of March 2017 07:02:24 AM
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Latest Finance News related to Bidding

Wall Street’s love affair with Trump cools as healthcare bill sows welcome doubts image
.... For five months, traders have swallowed whole the idea that the president would swiftly get a package of tax cuts through a Republican-dominated Congress, giving a boost to growth and corporate profits in the process. Yet the first real test of Trump’s ability to get lawmakers to do his bidding – the repeal of Obamacare – has been a disaster. ...
How one council is beating Britain's housing crisis image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:02 AM
....Toby Lloyd, head of housing development at the homeless charity Shelter, says: “If public land is sold on the open market, the highest bidder is likely to be the one that makes the most aggressive assumptions about the amount of affordable housing they will have to provide. So competitive bidding for land tends to mean that the worst possible scheme will be the one that gets built. ...
Rupert Murdoch's Sky bid to be investigated by UK regulator image
Source : Guardian [Read Article] Thursday 16th of March 2017 11:35:05 AM
....Murdoch critics have called for the bid to be blocked. Rival broadcasters are expected to lodge complaints and make representations in the UK and Europe – the European commission is also examining the deal – after expressing concerns that a Fox/Sky combination will dominate bidding for top-flight sport, TV shows and movies. ...
Green Investment Bank sell-off racks up at least £1m in fees image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:10:32 PM
....”. The total figure spent on the sale so far is likely to be higher, given the bidding process began last March. ...
DPD and Parcelforce face MPs' questions over working conditions image
Source : Guardian [Read Article] Wednesday 8th of March 2017 02:58:20 PM
....”. Earlier this week Field said the charges appeared to be part of a “bidding war, to see who can slap the biggest penalty on workers who are sick”. ...
Sick Parcelforce couriers can be charged up to £250 if they can't find cover image
....”. Frank Field MP, who chairs the House of Commons work and pensions committee, said: “It almost looks as though some companies are now engaged in a bidding war, to see who can slap the biggest penalty on workers who are sick. ...
Creative retirement image
Source : BBC [Read Article] Friday 3rd of March 2017 09:24:42 PM
....But there are uncertainties about selling at auctions. Pieces can sell for lower than expected to buyers looking for a deal or skyrocket in a bidding war. ...
BT chief attacks rampant price rises for TV sports rights image
Source : Guardian [Read Article] Thursday 2nd of March 2017 02:48:02 PM
....The Champions League is considered to be a critical litmus test as to whether price inflation will continue at such high rates. To date both Sky and BT have attempted to play down expectations of a bidding war. ...
Agent Provocateur founder brands Mike Ashley's purchase 'a stitch-up' image
Source : Guardian [Read Article] Thursday 2nd of March 2017 12:46:56 PM
.... Alongside its core sportswear business, Sports Direct owns clothing chain Flannels and fashion brands such as Firetrap. Sky News reported earlier this week that Ashley had risen above private equity firm Lion Capital in a bidding war to acquire Agent Provocateur and the tycoon is understood to have been personally involved in the talks to buy the business. ...
Green Investment Bank: rival bidder launches legal challenge to sale image
Source : Guardian [Read Article] Wednesday 1st of March 2017 07:01:01 AM
....Sustainable Development Capital (SDCL), a rival bidder for the bank, said it was launching a legal challenge to the government’s decision to select Macquarie as its preferred bidder for the £2bn deal. The London-based investment fund has applied to the high court for a judicial review on the grounds that it believes the bidding process has not complied with the criteria laid out by the government in March 2016 – such as achieving value for money for the taxpayer. ...
Rupert Murdoch’s 21st Century Fox to formally notify EU of Sky bid image
Source : Guardian [Read Article] Tuesday 28th of February 2017 03:50:03 PM
....Rupert Murdoch’s last bid brought together an unlikely alliance of media groups to oppose the deal including BT, the BBC, Channel 4 and the publishers of the Daily Mail, Daily Telegraph and Guardian. So far, only a number of Fox and Sky’s pay-TV rivals have said that they intend to voice their opposition to the alleged dominance the deal will give Murdoch bidding for top-flight sport, movies and TV shows. ...
Humbled Unilever aims to show shareholders it values their loyalty image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 07:36:53 PM
....3% last year – could be a useful discipline. Such a self-help plan sounds more credible than wacky notions like bidding for Colgate or splitting Unilever into two pieces, food and personal care. ...
Six auction sites' ads banned over misleading savings claims image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 07:00:27 AM
.... MadBid’s “countdown clock” also had the potential to mislead customers, the ASA found. The five other sites that broke ASA rules were Swoggi, BidBid, LikleBid, Fastbidding and Bidwizeu. ...
UK offshore wind 'will lower energy bills' more than nuclear image
Source : Guardian [Read Article] Sunday 12th of February 2017 01:30:13 PM
....50 per megawatt hour agreed with EDF for £18bn Hinkley Point C. “I wouldn’t be surprised if it [offshore wind] cleared Hinkley prices,” he said of the bidding for a £290m-a-year government subsidy pot in April. ...
BT fires opening shot at Sky in new Champions League rights battle image
Source : Guardian [Read Article] Sunday 29th of January 2017 05:43:28 PM
....Champions League sponsors have expressed concerns about the lack of exposure under BT’s £900m exclusive deal, compared with a pay/free deal with Sky and ITV which provided larger audiences. To date Sky and BT have attempted to play down expectations of a bidding war, despite Uefa predicting the next three-year UK deal could go for as much as 30% more at about £1. ...
Financial firms in talks with Amsterdam over relocation from London image
Source : Guardian [Read Article] Monday 23rd of January 2017 05:34:01 PM
....”. Amsterdam is also bidding for the relocation of the EU-wide financial regulator, the European Banking Authority (EBA), she said. ...
Rolls-Royce apologises in court after settling bribery case image
Source : Guardian [Read Article] Tuesday 17th of January 2017 01:29:50 PM
.... The company also admitted paying to retrieve a leaked list of intermediaries after they were obtained by the Indian tax authorities. • In Nigeria, Rolls-Royce failed to prevent bribery in relation to two contracts for which it was bidding. ...
Rolls-Royce to pay £671m over bribery claims image
Source : Guardian [Read Article] Monday 16th of January 2017 05:32:13 PM
....Companies are supposed to refer themselves to investigators in order to qualify for a deferred prosecution agreement. If convicted of corruption offences, a company can be barred from bidding for public contracts unless it were able to prove it had reformed. ...
Basic shop disciplines deliver Morrisons a merrier Christmas image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:13:19 PM
.... And an unwelcome effect could be companies gaming the system by outsourcing their lowest-paid roles. Fifth, Corbyn said companies bidding for a government contract would have to meet a 20:1 pay ratio. ...
Maximum wage cap: how might it work? image
Source : Guardian [Read Article] Tuesday 10th of January 2017 12:11:32 PM
....They want to emphasise the Labour leader’s credentials as an anti-establishment figure who has never signed up to what they see as a malign post-Thatcherite consensus, which led Labour and Conservative governments to deregulate business and privatise state assets in the belief it was the best thing for Britain’s economy. While using public procurement is a far narrower and more limited approach than a salary cap, it could still bite hard for consultants bidding for taxpayer-funded contracts, for example. ...
Green Investment Bank sale is 'deeply troubling', say Scottish ministers image
Source : Guardian [Read Article] Thursday 5th of January 2017 09:57:44 AM
....“The Scottish government has a perfectly legitimate wish to be properly consulted on the matter. The problem is that because it’s a bidding process they’ve [the government] wrapped themselves in commercial confidentiality and it’s getting in the way of having a proper policy discussion. ...
Southern rail drivers split planned six-day strike in two image
Source : Guardian [Read Article] Wednesday 4th of January 2017 04:40:00 PM
....Mick Whelan, general secretary of Aslef, said his union had previously had good relations with Southern’s owning company – and he had even written in support of GTR as it bid for the franchise, “which I don’t think I’ll be doing again”. But he said the government was writing “contentious terms” into the contracts that train operating companies were bidding for. ...
Rail chiefs or unions: can passengers trust either of them? | Rafael Behr image
Source : Guardian [Read Article] Wednesday 4th of January 2017 07:00:17 AM
.... Research by the Campaign for Better Transport has found that the cost per minute of some journeys surpasses the extortion of premium-rate telephone calls. The theory of rail privatisation is that competition functions at the level of bidding for the franchises. ...
Christmas Day 2016 sets new UK record for renewable energy use image
Source : Guardian [Read Article] Thursday 29th of December 2016 05:49:46 PM
.... “It’s important to have the right mix of energy generation to ensure we are decarbonising, whilst also keeping the lights on and the costs down,” he said. Earlier this month Drax said it was bidding to buy business energy provider Opus Energy and four gas stations as part of the move away from coal. ...
Boohoo set to bid for US fashion label Nasty Gal image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:11:19 PM
....3m on securing control of PrettyLittleThing, a fast-growing fashion website set up by the children of Boohoo’s co-founder Mahmud Kamani. In a statement to the UK stock market, Boohoo said the sale of Nasty Gal’s assets will be governed by a court-approved bidding process lasting at least 30 days and that Boohoo’s bid may not be successful. ...
Italy's political class should be very alarmed if MPS needs state bailout image
Source : Guardian [Read Article] Wednesday 21st of December 2016 07:38:35 PM
.... The companies had been billing the government for placing electronic tags on offenders who were dead or in prison. They were told to engage in “corporate renewal” – in other words, get their houses in order – and they would be banned from bidding for public sector work in the meantime. ...
Deloitte apologises for Brexit memo image
Source : BBC [Read Article] Wednesday 21st of December 2016 09:41:19 AM
....". Downing Street did not dispute The Times' report that the agreement involved Deloitte not bidding for government contracts for six months, but the the company declined to comment on any withdrawal from such bids. ...
Deloitte apologises for Brexit memo in effort to make peace with No 10 image
Source : Guardian [Read Article] Wednesday 21st of December 2016 06:31:57 AM
. The accountancy firm Deloitte has taken the extraordinary step of apologising to the government and offering to stop bidding for Whitehall contracts for six months, after preparing an internal memo suggesting Downing Street had no plan for Brexit. ...
Meeting notes contradict Murdoch claim not to have asked PMs for help image
Source : Guardian [Read Article] Tuesday 20th of December 2016 06:05:22 PM
....When the bid is formally tabled with the government, the culture secretary, Karen Bradley, will have a “quasi judicial” role and must decide whether to refer it to media and competition authorities. Rival broadcasters have expressed concerns that Sky will dominate bidding for top-flight sporting events, TV shows and movies. ...
Rupert Murdoch: 'I've never asked any prime minister for anything' image
Source : Guardian [Read Article] Monday 19th of December 2016 01:57:06 PM
. Rupert Murdoch has written to the Guardian to deny he ever claimed that Downing Street did his bidding, as an attempt by his US film and television group to acquire Sky is due to be formally notified to ministers. ...
Former health secretary’s firm faces unfair dismissal case image
Source : Guardian [Read Article] Sunday 18th of December 2016 05:29:04 PM
....He also faced calls to resign as an MP in 2014 after taking on a lucrative role as a health consultant with KPMG, the accountancy firm. Critics claimed it was a conflict of interests because KPMG was looking at bidding for a £1bn contract with the NHS. ...
Murdoch's £11.7bn Sky bid will face competition complaints from rivals image
Source : Guardian [Read Article] Friday 16th of December 2016 05:30:37 PM
....Broadcasters opposed to 21st Century Fox’s proposed £11. 7bn takeover of Sky are preparing to lodge complaints with regulators in the UK and Europe after expressing concerns that the pay-TV broadcaster will dominate bidding for top-flight sport, TV shows and movies. ...
Europe development banks plan £5.5bn backing for gas project ‘with mafia links’ image
....Three of the Italian firms hired to build the $45bn pipeline have had past mafia connections, according to Italian prosecutors cited in the Bankwatch report. A subsidiary of the Bonatti company, which is building around 760km of the pipeline, was barred from public contracts bidding after being served with a “mafia disqualification” notice by Italian police in 2010. ...
Go-Ahead warns of Southern Rail strike impact image
Source : BBC [Read Article] Thursday 15th of December 2016 09:22:57 AM
....". The company also said its full-year results would be affected by increased costs from bidding for rail franchises in overseas markets. ...
Rupert Murdoch unlikely to spin off Sky News in takeover battle image
Source : Guardian [Read Article] Tuesday 13th of December 2016 08:00:59 PM
.... “The role of Ofcom would be helpful in bringing its expert scrutiny on a deal that will have a broader impact on the future of the broadcasting and print media marketplace in the UK,” said Kieran Quinn, chairman of LAPFF. Five years ago, the Murdoch vehicle bidding for Sky was the now defunct News Corporation, then the parent of Fox. ...
Ex-BBC chief calls on Theresa May to resist Rupert Murdoch’s Sky bid image
Source : Guardian [Read Article] Saturday 10th of December 2016 07:16:50 PM
....In 2011, the Murdoch bid for Sky resulted in a deal to spin off Sky News into a separate company from his newspapers. News Corp is a separate entitiy from Fox, which means the bidding firm no longer owns UK newspapers. ...
New battery power-storage plants scheduled to keep UK lights on image
Source : Guardian [Read Article] Friday 9th of December 2016 06:24:39 PM
....But government hopes of an ambitious “dash for gas” were dealt another blow after this week’s auction of subsidies to build backup capacity for Britain’s energy network. No new gas power station of a significant scale won a subsidy contract in the bidding process, where companies and technologies competed to provide backup power for the lowest price during the winter of 2020-21. ...
HS1 owners consider sale after receiving offers image
Source : Guardian [Read Article] Thursday 8th of December 2016 02:28:27 PM
.... Parliament is expected to fully ratify plans for the London-Birmingham first phase of HS2 early in 2017, and the government may yet look at a similar concession model for the rail infrastructure. Significant interest in bidding for a rail line could boost the prospects of the planned line between Oxford and Cambridge, announced by the transport secretary, Chris Grayling, this week to be funded with private investment and operated separately from the rest of the network. ...
Drax moves away from coal to bid on Opus Energy and gas plants image
Source : Guardian [Read Article] Tuesday 6th of December 2016 07:12:46 PM
. Britain’s largest coal power producer, Drax, is bidding to buy Opus Energy and four gas stations in a move away from its coal legacy that has been welcomed by investors. ...
Daily Mail group refuses to rule out sale of newspaper titles image
Source : Guardian [Read Article] Thursday 1st of December 2016 10:05:25 AM
....”. He added that DMGT’s move earlier this year to enter talks with private equity companies interested in bidding for Yahoo pointed to the potential for a strategic deal to boost Mail Online in the US. ...
Government promise of fast, cheap Wi-Fi on trains goes off the rails image
Source : Guardian [Read Article] Monday 21st of November 2016 07:27:07 PM
....Train companies will only have to provide slow free Wi-Fi for customers despite a government pledge to introduce “fast, cheap internet connections” across the rail network. Before the general election, the government announced that all train operators bidding on future franchises and direct contracts in England and Wales would have to include free Wi-Fi as part of their pitches. ...
BT faces 4G Ofcom auction challenge image
Source : BBC [Read Article] Monday 21st of November 2016 12:34:09 PM
. Ofcom has proposed a cap on some of the newly available 4G spectrum it is preparing for auction, which would prevent BT from bidding. ...
Regulator prevents BT and EE   bidding for more 4G mobile spectrum image
Source : Guardian [Read Article] Monday 21st of November 2016 10:05:00 AM
. Ofcom has blocked BT and its mobile arm EE from bidding for more spectrum in an auction of airwaves that will allow faster downloads for 4G users. ...
Room to grow: Airbnb aims to transform itself into travel company image
Source : Guardian [Read Article] Thursday 17th of November 2016 10:39:11 PM
....The law recently passed by the state legislature would bar even advertising a rental that violates that existing law, which could help regulators crack down on Airbnb itself in addition to the users of its service. On Thursday, a US judge said Airbnb and the city of San Francisco must work harder to resolve a court case over an ordinance forbidding the company from taking bookings from hosts who have not registered their homes. ...
Twitter shares tumble as Salesforce rules out bid image
Source : BBC [Read Article] Friday 14th of October 2016 06:25:39 PM
....Mr Benioff told the Financial Times his firm had "walked away" from any potential deal. Google, Apple and Walt Disney also reportedly considered - and then rejected - bidding. ...
Two years on, we still can’t switch from Scottish Power image
Source : Guardian [Read Article] Friday 30th of September 2016 06:00:12 AM
....Scottish Power is loath to fix the problem because it knows it will lose you as a customer as soon as you are free to go. However, the company insists that it did the ombudsman’s bidding within the required time frame, but it was the day after I contacted it that it called you to apologise and assure you that it had been sorted. ...
Football's first lady image
Source : BBC [Read Article] Friday 23rd of September 2016 08:59:45 PM
....". In addition, bidding documents for the 2026 Fifa World Cup are being reviewed by experts in regards to human and labour rights. ...
Nama: Irish government to set up investigation into biggest ever NI property deal image
....The Irish government's decision comes after the publication of a report from the country's public spending watchdog that concludes the deal had shortcomings. The Comptroller and Auditor General's report suggests the portfolio was undervalued by tens of millions of pounds and that restrictions imposed on the sales process reduced competition in the bidding. ...
Why did Australia block China's power network bid? image
Source : BBC [Read Article] Thursday 18th of August 2016 11:02:50 AM
. Australia has confirmed it will block foreign firms from bidding for a majority stake in the country's largest electricity network, Ausgrid. ...

Stuck on an allotment waiting list? Your prayers could be answered 
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Source : Telegraph [Read Article] Saturday 13th of August 2016 06:00:00 PM
....The vicar, the Rev John Hughes, who draws inspiration from the guerrilla gardening movement and St Francis of Assisi, said the initial impetus had been to make the churchyard more welcoming and less like a “fortress”. “It could look like a forbidding space,” he said. ...
Brexit: Government guarantee for post-EU funds image
Source : BBC [Read Article] Saturday 13th of August 2016 12:23:14 PM
....The Treasury said it would assess whether to guarantee funding for certain other projects "that might be signed after the Autumn Statement, but while we remain a member of the EU". Organisations such as universities bidding for EU funding before the UK leaves would have that money underwritten by the government. ...
Special advice? image
Source : BBC [Read Article] Saturday 13th of August 2016 12:30:31 AM
...."We all know that securing and retaining the best talent can be the key to real competitive advantage," explains Sonal Minocha, pro vice-chancellor at Bournemouth University. "What this often leads to is a constant, unimaginative fight over a relatively small number of individuals and bidding wars which push salaries ever upwards. ...

French Riviera burkini ban 'illegal' and 'gift for Isil recruiters' say critics
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....The ban on the full-body, head-covering swimsuit at the height of the French Riviera holiday season came as tensions remain high after the Islamist attacks on nearby Nice and on a Catholic church in north-west France last month. David Lisnard, the mayor of Cannes, issued a decree forbidding beachwear that fails to respect "good morals and secularism" and poses a hygiene and public order risk. ...

Italian government: Corleone's city Hall is Mafia-infested
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Source : Telegraph [Read Article] Wednesday 10th of August 2016 07:40:40 PM
.... Corleone's mayor also voiced worries about Mafia infiltration. Using intimidation, Sicily's Cosa Nostra frequently influences decisions and public contract bidding or backs local politicians sympathetic to the Mafia's economic interests. ...
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Looming Brexit headache for Nissan’s Sunderland plant image
Source : BBC [Read Article] Tuesday 9th of August 2016 08:59:42 PM
....So under those circumstances, would Sunderland even be able to bid to build the latest Qashqai model? Or would the plant have to include potential trade tariffs into its calculations, driving up the costs of its bid? . The worry is that Sunderland could effectively be handicapped when it comes to the process of bidding for new work, referred to by one source as a "beauty competition". ...
Meeting face image
Source : BBC [Read Article] Monday 8th of August 2016 11:00:14 PM
.... It is powerful but not dishonest. It is a bit forbidding. ...
Executive pay image
Source : BBC [Read Article] Monday 8th of August 2016 03:51:55 PM
.... . That prompted not only a bidding war for City traders and the like, but attracted a rush of US investment banks who set up in London. ...

Ukip's conspiracy theorists must stop dividing the party 
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Source : Telegraph [Read Article] Monday 8th of August 2016 08:00:00 AM
.... . Let's also deal with this nonsense that Neil Hamilton, Suzanne Evans and Douglas Carswell are controlling the NEC and forcing it to do their "evil bidding". ...

Meet Diane James, the Ukipper Nigel Farage hopes will take back his party
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Source : Telegraph [Read Article] Thursday 4th of August 2016 09:56:13 AM
.... There was little sign that Mrs James would run until it emerged after nominations closed that she had put in a bid, which has raised suspicions as to why she did so in the end. “She was clearly thrust forward to do Nigel’s bidding after it became clear Woolfe wouldn’t make it”, one senior Ukipper mused to me. ...

Rare Mercedes stolen by Allied troops in WWII set for £6m sale
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Source : Telegraph [Read Article] Wednesday 3rd of August 2016 12:20:04 PM
....“The pinnacle of 1930s automotive technology, it is one of only 29 of its type produced. In magnificent condition, we expect strong bidding. ...

Teacher gives up job 'to become full-time Pokemon Go player'
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Source : Telegraph [Read Article] Monday 25th of July 2016 09:18:01 AM
....Pokémon Go masters are already flipping their accounts for thousands of pounds on eBay to players who prefer to buy the Pokémon instead of catching 'em all. One bidding war for a high-level account with an array of powerful Pokémon reached £7,300 on the online auction site. ...
Airport expansion decision needed 'urgently' - MPs image
Source : BBC [Read Article] Sunday 24th of July 2016 04:24:08 AM
....The British Infrastructure Group (BIG) report says a lack of runway capacity at Heathrow is causing "substantial damage to the industry as a whole". Both Heathrow and Gatwick are bidding for an extra runway to be built. ...
Southern rail services cut from timetable as dispute continues image
....Rail minister Claire Perry said customers did not care whose fault it was, but there were "serious questions" about the way the company was running the service. "It has been quite clear to me that companies that cannot deliver a good service, particularly over the things they can control, should not be bidding for new franchises," she said. ...
Businesses urge action on EU workers and infrastructure image
Source : BBC [Read Article] Monday 4th of July 2016 11:01:45 PM
....". Home Secretary Theresa May, who is bidding to become the next Conservative leader and prime minister, has said residence rights would be a factor in Brexit negotiations. ...

Who is Michael Gove?  
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Source : Telegraph [Read Article] Friday 1st of July 2016 12:29:48 PM

Who is Theresa May? A profile of Britain's new Prime Minister
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Source : Telegraph [Read Article] Friday 1st of July 2016 11:36:19 AM
...
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Let’s move to Paisley, Renfrewshire: the tumbleweed town image
Source : Guardian [Read Article] Friday 24th of June 2016 03:30:18 PM
....” Until it wasn’t. It has a doughty new SNP MP, Mhairi Black, now, and is bidding to be the UK’s next city of culture. ...
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Price comparison sites to be investigated by competition watchdog image
Source : Guardian [Read Article] Tuesday 14th of June 2016 04:13:46 PM
....But in a bizarre twist, the initial investigation by the industry regulator, Ofgem, has been switched to the CMA after Ofgem uncovered earlier dealings by its own staff with the comparison sites that could have called into question the impartiality of the investigation. Ofgem said it found that two or more of the comparison sites had, since 2010, “been parties to an agreement or concerted practice relating to bidding and/or negative matching for search advertising which have as their object or effect the prevention, restriction or distortion of competition. ...
It’s not easy being (Sir Philip) Green image
Source : Guardian [Read Article] Sunday 12th of June 2016 06:00:15 AM
.... Carney has already taken political flak over the Bank’s judgments about the economy in the event of Brexit, so one might expect the MPC to hold off from any comments likely to inflame controversy so close to the vote. But Carney was clearly furious when Jacob Rees-Mogg, the Tory Leaver, accused him of doing George Osborne’s bidding and called for his resignation. ...
Guy Hands seeks £1.5bn from Citigroup after ill-fated EMI deal image
Source : Guardian [Read Article] Tuesday 7th of June 2016 01:31:33 PM
....5bn in equity, but by February 2011 had ceded control to Citi, which also helped it finance the deal. The judge, Mr Justice Burton, was told of evidence in phone calls, emails and handwritten notes which would support the claim by Hands that Wormsley knew that a rival bidder for EMI – Cerberus – had withdrawn its interest in bidding for EMI over a crucial weekend in May 2007, set as the deadline for offers. ...
Chris Wright returns as chair of Chrysalis almost three decades after selling it image
....He also passed on signing Dire Straits, who went on to sell more than 120 million albums, because while he thought they were “very good” he also found them “very boring”. And Chysalis bowed out of the bidding war for the Spice Girls, after tabling £250,000, because executives felt that only one of the band could sing and none seemed to be songwriters. ...
Tata Steel pension chief backs controversial cuts image
Source : Guardian [Read Article] Thursday 26th of May 2016 10:22:21 AM
....Juncker’s words came after the prime minister, David Cameron, said he could still offer “no guarantees” about the future of the Port Talbot site, which is one of a number threatened by Tata’s decision to sell its British assets. The Indian company was expected to announce a shortlist of companies bidding to purchase its UK arm after a board meeting on Wednesday but failed to do so. ...
Tata Steel UK: David Cameron urges caution on jobs deal image
Source : Guardian [Read Article] Wednesday 25th of May 2016 10:04:12 AM
....Tata Steel’s board is meeting on Wednesday to consider a handful of offers for its loss-making UK operations. It could publish a shortlist of one or more preferred bidders and is at least expected to comment on the state of the bidding process when it reports its annual results to Indian analysts. ...

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