Breaking news
Vodafone offers £1.9bn to buy out German firm amid long-running legal battle – but the deal would push the mobile phone giant’s debt to £41.9bn Vodafone bought a 76.8% stake in Kabel Deutschland seven years ago But minority shareholders have been battling over the price paid Vodafone hopes the bid will help reduce its ‘exposure … Read more
The UK’s largest supermarket chains are set to benefit from almost £2 billion in business rate tax breaks this year despite sales soaring during the pandemic. It comes after Sainsbury’s and Tesco both paid millions to shareholders in dividend payouts despite accepting state support in the form of business rates relief for the 2020-21 financial … Read more
An electric road system which could see a network of overhead charging cables along the UK’s major road network ‘would almost completely decarbonise UK road freight’, a report has found. The plan, which would cost an estimated £19.3billion, would see National Grid powered catenary cables charge 65 per cent of the nation’s lorries using an extendable rig … Read more