The financier who backed the takeover of Newcastle United Football Club alongside Saudi Arabia's sovereign wealth fund is in talks to buy a minority stake in West Ham United, the newly relegated Championship club.
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Former Newcastle backer Staveley eyes Gold stake in West Ham UnitedSky News Business
With fingers in various highly lucrative pies, maybe the firm becoming LSE’s most valuable isn’t as fanciful as it seems Tufan Erginbilgiç, the chief executive of Rolls-Royce, seemed to be getting ahead himself when he said a year ago that the engine-maker had the potential to become the most valuable company on the London Stock Exchange. Yes, everyone knows about the remarkable turnaround. Rolls was a corporate calamity during the Covid shutdown of global aviation, then a tenfold increase in the share price followed under Erginbilgiç. But it still required a leap of imagination to think the firm could challenge the very top of the capitalisation charts one day. Continue reading...
The car giant says it expects fewer than 300 people will lose their jobs.
Official figures expose widening gap in road deaths and injuries between poor and wealthy postcodes The number of children killed or injured crossing roads is almost five times higher in England’s most deprived areas than its wealthiest, official analysis suggests. Department for Transport figures show a widening gap over the past 10 years in road casualties between those living in the poorest 10% of postcodes and the most affluent 10%. Continue reading...