Sycamore Partners, the US- based private equity group, has tabled a £250m offer for the London-listed fashion chain Ted Baker. Sky News has learnt that a proposal valuing Ted Baker at 130p-a-share was submitted in writing in the last few days. It was unclear this weekend whether it had been formally rejected, although City sources
Month: March 2022
A whistleblower who worked at a hospital trust where hundreds of babies died or were left brain-damaged says there was “a climate of fear” among staff who tried to report concerns. Bernie Bentick was a consultant obstetrician at the Shrewsbury and Telford NHS Trust for almost 30 years. This week, an independent inquiry will reveal
Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters On Friday afternoon, a stream of Amazon workers exited a sprawling warehouse on New York’s Staten Island after wrapping up the daytime
The government plans to take a 20% stake in a new nuclear plant in Suffolk in a move to bolster the country’s energy security against a backdrop of global instability and a cost of living crisis. The French power giant EDF is also to take a 20% share in the delayed £20bn Sizewell C project.
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For years politicians have said the booming American oil industry would make the country “energy independent.” Indeed, the United States is the world’s largest producer of oil. That puts it two spots ahead of Russia, which shocked the world — and oil markets — by invading Ukraine. Saudi Arabia is the second-largest producer The move
Foo Fighters drummer Taylor Hawkins had ten different substances in his system when he died – including marijuana, opioids and antidepressants, Colombian officials have confirmed. Preliminary results of the urine toxicology test found he had ingested THX (Marijuana), tricyclic antidepressants, benzodiazepines, and opioids, the Attorney General’s Office said. Officials said on Twitter: “The National Institute
A visual representation of Bitcoin. Edward Smith | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar with the matter. British Finance Minister Rishi Sunak is expected to make an announcement in
Vladimir Putin and his henchmen face a “day of reckoning” with evidence of war crimes having been committed in Ukraine, a cabinet minister has said. It was also “absolutely right” that strict sanctions against Russia should remain in place until the Kremlin withdraws its forces following the “illegal invasion”, Nadhim Zahawi told Sky News. Russia
The four contenders vying to buy Chelsea Football Club will submit final bids on April 11, paving the way for a prospective new owner to seek government permission to take over from Roman Abramovich by the end of next month. Sky News has learnt that the remaining contenders have been notified by Raine Group, the
A man has been arrested on suspicion of murder after a mother-of-two was stabbed to death while her children were at school. Police have released a picture of the victim of the attack in Bethnal Green, east London, who has been named as 40-year-old Yasmin Begum. Scotland Yard said a 40-year-old suspect was detained on
10:52 PM ET UFC Fight Night in Columbus, Ohio, delivered with the dust settling on three divisions as Curtis Blaydes, Alexa Grasso and Kai Kara-France put on a show while putting the current champions on notice. Will any of the three get a title fight with their next matchup? Blaydes certainly hopes so, as the
8:31 PM ET Associated Press NEW ORLEANS — Favorite Epicenter took a big step toward the Kentucky Derby, surging past leader Zozos and Pioneer of Medina entering the stretch and pulling away to a 2 1/2-length victory Saturday in the $1 million Louisiana Derby at Fair Grounds. The Steve Asmussen-trained bay colt started the Grade
Tesla has started to send out invites to an event called ‘Cyber Rodeo’, which is going to be the grand opening of Gigafactory Texas in Austin – a big moment for the company and its manufacturing expansion in the US. Just a few days after launching GIgafactory Berlin with the first deliveries of the first
Turkish Foreign Minister Mevlut Cavusoglu said Saturday that he’d welcome sanctioned Russian oligarchs into his country as both tourists and investors, as long as any business dealings were kept within the realms of international law. Turkey has been in the spotlight this week with its coastal waters seeing the arrival of two multimillion-dollar superyachts, reportedly
The death of Foo Fighters drummer Taylor Hawkins is being investigated by Colombian authorities. Hawkins, 50, had been with the rest of the band in the country’s capital, Bogota, when he died in a hotel room. The group had been on a tour that was heading to the UK this summer, with shows scheduled in
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