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...Richard Fletcher London NW3, UK Letter in response to this letter: It’s OK for John Lewis. But not for Thames Water / From David Wolton, London NW3, UK...
...Regulator Ofwat is still considering that plan, and is set to publish a draft ruling on June 12 and a final assessment by the end of the year....
...Earlier on Friday Ben-Gvir, the minister for national security who had called for a “crushing attack” against Iran, put a post on X reading: “Weak!”...
...Volvo Cars: The Sweden-based carmaker rose 4 per cent after it announced that it had sold almost 79,000 cars in March, an all-time high for sales in a single month and a 25 per cent improvement on the same...
...Brennan said a trains modernisation project had been scrapped, a training programme reinstated, and new security staff promised for night services. https://twitter.com/ASLEFunion/status/1775873984023699772...
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...The figure for February was revised up from a rise of 0.6 per cent to one of 0.9 per cent....
...oliver.ralph@ft.com...
...In a trading update on Monday, the company said permanent recruitment had been more difficult than the temporary jobs market, as employers looked for flexibility....
...The £500mn was the first part of a £750mn commitment made by shareholders last July, which was subject to the implementation of a new business plan....
...This, he said, would involve a doubling of investment in NHS digitisation and transformation this year....
...laurence.fletcher@ft.com...
...It added: “RBI is committed to achieving the deconsolidation of AO Raiffeisenbank, including via a sale of the unit.”...
...A company that has been eyeing a target from a distance for a while will need to act quickly if a rival suddenly appears on the scene with an agreed deal. Here, the UK’s takeover rules play their part....
...Metro Bank has promised to cut another £30mn off costs, adding to a £50mn plan already in place, as it pushes ahead with its restructuring programme....
...Nationwide Building Society has announced a £2.9bn deal to acquire Virgin Money, two weeks after the companies agreed the initial terms of a tie-up designed to challenge the dominance of Britain’s biggest...
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...Kingfisher, owner of the B&Q, Screwfix and Castorama DIY chains, has warned that profits will fall again this year, after a 25 per cent drop in the year to January....
...,” the regulator said in a statement....
...The acquisition price is a 38 per cent premium to the share price before the outline deal was announced....
...ISS: The Danish outsourcing group fell 10 per cent, despite the announcement of a DKr1bn (€134mn) share buyback....
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