Change comes four years after Intact Financial Corporation paid £3bn to take over its British and Canadian operations
Twins behind ‘gamified’ golfing chain sold for $2.1bn raise funds from backers including Blackstone’s David Blitzer
Companies flag signs of goods being diverted from US to Europe via platforms such as Temu, Shein and Amazon
Officials work to ensure shipments arrive quickly after emergency government intervention
Government now has tricky task of running a costly and complex industrial operation
Leading British tech groups explore moving headquarters in effort to tap deep-pocketed American investors
MPs vote in favour of bill giving the government powers to seize control of British Steel
Surge in lending is likely to be more beneficial for the borrowers than their lenders
Watchdog review highlights inability to access funds to pay essential bills
Sale understandable with the retailer expecting slower revenue growth
New markets offer plenty of growth potential
Prime minister announces recall of parliament as government races to prevent closure of UK’s last two blast furnaces
Public ownership could be the saviour of the UK’s remaining steel industry
Legal & General is ‘deeply concerned’ by decision to pivot back to oil and gas
Two of Alphaville’s favourite topics finally cross over
FCA’s preliminary approval comes as the fast-fashion company faces challenges from Trump’s tariffs
Big Four firm failed to evaluate impact of partner’s ‘long association’ with now-defunct travel company, regulator says
The broadcaster has agreed a deal to produce a UK version of NBC’s long-running comedy series for the first time
UK’s biggest supermarket chain adjusts target to give it ‘flexibility’ to respond to changing market conditions
Offer comes as Chinese-owned steelmaker prepares to idle one of its two blast furnaces at Scunthorpe
The inimitable insurance market has to ensure it remains attractive in the face of global competition
Agreement marks a key milestone for autonomous driving start-up as it accelerates global expansion plans
The decision comes as the petrochemical group has been reshaping its sports portfolio in recent months
UK retailer, which makes almost 40% of its sales in the US, expects profits to remain steady
Deterrence is a shared asset — and a shared responsibility