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Friday newspaper round-up: Reddit, water suppliers, Britishvolt

The billionaire businessman Mike Ashley has claimed he was the victim of “abuse” by Morgan Stanley amid a high court dispute over the investment bank’s decision to impose a near $1bn (£790m) cash demand. Ashley’s Frasers Group is taking legal action against the US investment bank Morgan Stanley and Denmark’s Saxo Bank over the May 2021 move linked to bets placed on shares in the German retailer Hugo Boss. – Guardian
United Kingdom Sam Altman Exchange Commission On Recharge Industries Rural Affairs Committee Exchange Commission

Thursday newspaper round-up: Online slot machines, Vauxhall, Body Shop

The government is set to impose new limits of as little as £2 a spin for online slot machines, the Guardian understands, in a move that could cost casino companies hundreds of millions of pounds. Ministers have been consulting on imposing a maximum stake for the digital casino-style games since publishing a white paper on gambling reform last year. – Guardian
United Kingdom United States Mike Ashley Santa Clara High Court Morgan Stanley

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Tuesday newspaper round-up: Workers' rights, Severn Trent, Superdry

Union leaders have warned business groups against pushing Keir Starmer to water down Labour’s plans to introduce sweeping reforms of workers’ rights and a ban on zero-hours contracts. As the Labour leader comes under pressure from industry to scale back its shake-up of employment laws, the Trades Union Congress (TUC) said the plans were “extremely popular” with voters and good for the economy. – Guardian
City Of United Kingdom River Trent Stoke On Trent Israel General Davidson Kempner

Sunday newspaper round-up: Currys, Barclays, Homebuilders

China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British busine...
Taylor Wimpey Jennie Daly Norbert Schady Berkeley Group World Bank Spring Budget

Friday newspaper round-up: Housebuilding, BT, Deutsche Bank

Housebuilding in London is “grinding to a halt”, housing associations have warned the government, with the number of affordable homes being built plummeting by three-quarters in the last 12 months. In a letter to the housing secretary, Michael Gove, the G15, which represents the capital’s 11 largest housing associations, said his policies did not go far enough to increase supply and called for an injection of billions of pounds into an affordable homes building prog...
City Of United Kingdom Rajiv Datta Deutsche Bank Feed United Kingdom Round Up

Thursday newspaper round-up: Rate cuts, Virgin Money, NatWest, Lyft

The Bank of England governor has doused hopes that better-than-expected inflation news last month will accelerate cuts in interest rates, stressing the need for further evidence of wage moderation before Threadneedle Street moves. Appearing before the House of Lords economics committee on Wednesday, Andrew Bailey said it was “encouraging” that inflation had remained unchanged at 4% in January but the previous month’s figure for the cost of living had been higher tha...
United Kingdom Paul Thwaite David Duffy Investment Research Consultants Pirc Virgin Money Investment Research Consultants

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