CategoriesUK News

Morrisons’ rejection of £5.5bn offer may spark bidding war for grocer

Move also raises concerns that private equity could buy up other UK supermarket groups

An unsolicited £5.5bn private equity bid for Morrisons, swiftly rejected by the supermarket chain, could spark a bidding war for Britain’s fourth biggest grocer and has raised concerns that other supermarket groups could be sold off to private equity.

On Saturday night Morrisons said it had rebuffed a preliminary takeover bid worth just over £5.5bn from the US firm Clayton, Dubilier & Rice (CD&R), which had offered to pay 230p a share in cash. Morrisons’ share price closed at 178.45p on Friday, valuing the company at £4.3bn.

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CategoriesUK News

Reading terror attack victims remembered at memorial one year on

Families and friends share memories of three men killed in Forbury Gardens last June

Family and friends of the three men killed in a terror attack in Reading have told of their heartache at a memorial service.

James Furlong, a 36-year-old history teacher, Dr David Wails, a 49-year-old scientist, and Joseph Ritchie-Bennett, 39, who worked for a pharmaceutical company, were murdered in Forbury Gardens on 20 June last year.

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CategoriesUK News

Ministers urge Boris Johnson to consult cabinet on key decisions

Embattled prime minister pressed to abandon top-down approach to government as difficult autumn nears

Cabinet ministers including Rishi Sunak will this week urge Boris Johnson not to keep sidelining his ministers, as officials warn of a difficult autumn ahead with pressures over hospital waiting lists, social care reform and court backlogs.

Johnson will face a tricky few days after the landslide loss in the byelection in Chesham and Amersham, a defeat that many of his own MPs put down to his controversial planning changes and which Labour will seek to exploit in a debate and vote on Monday.

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CategoriesUK News

People in UK with both Covid jabs may not have to quarantine, says scientist

PHE’s chief coronavirus adviser says exemption from self-isolation could allow people to travel more freely

Coronavirus – latest updatesSee all our coronavirus coverage

The UK is moving towards a situation where people who have been double-vaccinated could be exempt from quarantine, Public Health England’s chief Covid-19 adviser has said.

Dr Susan Hopkins, one of the key government advisers on the response to the pandemic, said a decision would be made after the results of a study that uses daily lateral flow tests as an alternative to isolation for 10 days after coming into contact with a positive case.

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