Sterling plunge leaves FTSE 100 giants exposed to US predators
Entain, DS Smith, BT and Vodafone are all now vulnerable to foreign corporate raiders, according to experts at broker Canaccord Genuity.
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Entain, DS Smith, BT and Vodafone are all now vulnerable to foreign corporate raiders, according to experts at broker Canaccord Genuity.
Sterling slid to its lowest against the US dollar on record after traders swallowed the impact of the Chancellor’s tax cut plans.
Sterling slid to its lowest against the US dollar on record after traders swallowed the impact of the Chancellor’s tax cut plans.
One unhappy side-effect of the weakness in sterling is that it will provoke even more predatory raids on British companies.
One unhappy side-effect of the weakness in sterling is that it will provoke even more predatory raids on British companies.