Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGOG.L Share News (GOG)

  • There is currently no data for GOG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday newspaper round-up: Industrial strategy, May to meet Trump, Barclays, courgettes

Sun, 22nd Jan 2017 15:04

(ShareCast News) - Theresa May will on Monday reveal her '10 pillars' industrial strategy that will aim to boost sector productivity. The Sunday Times said the Prime Minister's long-awaited green paper includes measures to improve skills, boost scientific research, and increasing spending on broadband, transport and energy networks, as well as £170m for the building of 'new polytechnics' in every region. Donald Trump will welcome Theresa May in Washington on Friday and has even taken to calling the Prime Minister "my Maggie" in reference to the close Thatcher-Reagan relationship he wants to recreate, according to sources cited by the Sunday Telegraph. May, who will be the first foreign leader to visit the White House since the 45th US president was sworn in, and Trump are expected to talk about a post-Brexit trade deal, a new 'passporting' system between banks, and draw up a joint statement on European defence spending.British bank bosses have begun franticly lobbying their foreign counterparts to hold off plans to shift operations to other major European cities, the Sunday Telegraph said, citing a senior City figures in Davos. International banks are being asked to resist moving jobs, "for the good of London", until it becomes clearer that the UK can hammer out a transitional deal with Brussels.Barclays has stepped up its legal fight against the US Department of Justice over its role in the selling of toxic mortgage securities in the run-up to the financial crisis. A lawsuit filed last month accuses the British bank of misrepresenting the quality of $31bn (£25bn) of home loans between 2005 and 2007, with Deutsche Bank having just been stung for a $7.2bn fine.British businesses and consumers need to avoid being lulled into a false sense of security as the economy heads for a slump this year, the Mail on Sunday reported. The influential EY Item Club has predicted UK growth will slow to just 1.3% this year and will remain below 2% until 2020.The UK government is looking at a £3.8bn flotation for the Green Investment Bank (GIB) after a planned sale to Australian bank Macquarie was scrapped. The Sunday Times said business secretary Greg Clark would have to endure the humiliating climbdown of tearing up a deal that had started to come under intense scrutiny at both Westminster and Holyrood in Edinburgh.British shoppers have been told that shortages of courgettes, aubergines and salad ingredients such as lettuce and celery, will continue until spring - and that any stock making it to local supermarkets will have substantially higher prices. The lion's share of fresh vegetables we eat in winter comes from Murcia and Valencia in southern Spain, but the regions' crops have been hit by flooding, frost and now snow, the Observer reported.BT and Sky will make their first round of bids as they pitch for win right to broadcast Champions League football once BT's £897m, three-year deal comes to an end in 2020, with ITV potentially involved as a partner. With 21st Century Fox planning to take full control of Sky, the Sunday Telegraph said this has fuelled market speculation that this international scale could convince UEFA to sell its rights on a pan-European or even global basis, locking out its rivals in the UK, Germany and Italy.Big energy companies are planning to raise prices in contradiction of regulator Ofgem, which last week warned there were no grounds for hiking standard tariff prices this winter. Executives at the big six firms have accused the regulator of underestimating their costs, with total costs in this month having risen close to 15% on the same time last year, the Mail on Sunday reported.One of Bovis Homes' biggest investors is pushing for the housebuilder to merge with larger rival Berkeley Group, the Sunday Times reported. With Bovis chief executive David Ritchie's resignation over December's shock profit warning, 6.4% shareholder Schroder Investment Management is understood to have written to Berkeley's management to urge them to consider a deal.The UK car industry will this week reveal the strongest manufacturing figures for more than four decades, thoughMike Hawes, head of the Society of Motor Manufacturers and Traders, will appear before MPs this week and is widely expected to deliver a dire warning of the threat faced by the industry. After the Prime Minister said the UK will definitely be leaving the European single market, the Mail on Sunday said the SMMT is now keen to secure a customs deal with the bloc that would save it from billions of pounds in tariffs on cars exported there.The London Stock Exchange and Deutsche Boerse are increasingly confident French authorities will not try to disrupt their proposed merger, as doing so would derail any French attempt to make a land grab for euro clearing following Brexit, according to people close to the deal cited by the Sunday Telegraph. Blocking the Anglo-German exchange merger would scupper the sale of LCH SA, the continental arm of the clearing house LCH.Clearnet, to Euronext, leaving the French without a top-tier clearing house to process any business were it to be repatriated to the eurozone from the City of London.Premier Foods could face an "unmitigated disaster" if it fails to extend its lucrative licensing deal with Cadbury's parent Mondelez, some City analysts fear. After the company last week issued a major profit warning, the Sunday Telegraph reported doubts were emerging over its Cadbury cake licence that fly in the face of the company assurance that it continues to enjoy "an excellent working relationship with Mondelez".Following price rises post-Brexit in Marmite, Mr Kipling cakes and shoes, now Dunelm chief executive John Browett has warned the likes of pillows, duvets and other homewares are due for a hike. Dunelm imports most of its stock and expects prices to rise on more than two-thirds of the stores' products, through Browett says the rises will be short-lived.Add Nestlé to this list, said the Sunday Times, as the consumer goods giant plans to demand double-digit price rises for its products from Britain's supermarkets based on the pound's decline since the Brexit vote. The Swiss company is understood to have asked the grocery industry to pay more for items such as Nescafé coffee and Pure Life mineral water, with Sainsbury's having already appeared to have passed some rises on.Heineken faces a publican rebellion that threatens to take the fizz out of its £400m takeover of Punch Taverns, the Sunday Telegraph said, ahead of the shareholder vote due to take place in less than three weeks. With the Danish brewer predicted to carry out its usual strategy of filling the 1,900 new pubs with its own beer and cider brands, an urgent appeal has been launched by Punch publicans to officials within Government and the Pub Code Adjudicator.Transport secretary Chris Grayling is mulling a potential break-up of one of Britain's biggest rail franchises as he tries to introduce more competition in the industry, the Sunday Times reported. Officials are exploring the possibility of splitting Great Western, which links London, south Wales, Devon and Cornwall, when the deal to run it ends in three years, with the creation of a separate Devon and Cornwall rail franchise.Long-suffering Southern rail passengers face further disruption on Monday due to a strike by conductors. The Observer said planned action by drivers on the network on Tuesday, Wednesday and Thursday was suspended last week after Southern's owner, Go-Ahead Group joint venture Govia Thameslink Railway (GTR), and drivers' union Aslef agreed to talks.Weetabix, the UK's second biggest cereal brand, is being circled by rivals as Chinese owners Bright Foods look to offload it, reported the Sunday Telegraph. Cheerios maker Nestle and Lucky Charms owner General Mills are understood to have expressed an interest, along with Quaker Oats owner PepsiCo and Turky's United Biscuits owner group Pladis. Unilever has agreed to a French co-branding deal with Playbrush, a gadget that makes a game out of using a toothbrush using Bluetooth and motion sensors to encourage children to brush their teeth. With funding from University College London, inventor Paul Varga has already sold 60,000 of the device, where a toothbrush is attached to a Raspberry Pi microcomputer.A new study into BPA has raised concerns for plastics and packaging companies, as it has found employees who directly handle the plasticizing chemical had urine levels of BPA around 70 times greater than that of the average US adult, the Observer reported. The research into BPA, which is used in the production of plastic food containers, the lining of food and soda cans, was carried out by the National Institute for Occupational Safety and Health (Niosh), who exmained BPA levels in the urine of workers employed at six companies that either manufacture BPA or use it to make other products.
More News
15 Jan 2024 12:09

Train drivers announce fresh strike dates

(Sharecast News) - Train drivers' union Aslef announced a new round of strikes on Monday, in its ongoing pay dispute with 16 train operators.

Read more
24 Feb 2023 14:37

Rail workers' union accepts offer from train operators

(Sharecast News) - Relief from months of railway strikes and industrial action looked to be on the horizon on Friday, as members of the TSSA union accepted offers from train operators.

Read more
20 Dec 2022 11:46

Train drivers to stage another strike in January

(Sharecast News) - Train drivers announced another one-day strike on Tuesday, set down for 5 January, after members at 15 train operators voted for more walk-outs in a long-running dispute over pay.

Read more
10 Oct 2022 11:06

Go-Ahead, now owned by Kinetic and Globalvia, to de-list on Tuesday

(Alliance News) - Go-Ahead on Monday requested for its shares to be suspended from trading in London, as its takeover by a consortium of Kinetic TCo Pty Ltd and Globalvia Inversiones SAU has become effective.

Read more
6 Oct 2022 17:24

Go-Ahead Group says High Court gives green light to merger agreement

(Alliance News) - Go-Ahead Group PLC on Thursday said the High Court of Justice in England and Wales allowed the acquisition of the company by Gerrard Investment Bidco Ltd.

Read more
29 Sep 2022 15:42

UK dividends calendar - next 7 days

Friday 30 September 
Admiral Group PLCdividend payment date
Admiral Group PLCspecial dividend date
Alliance Trust PLCdividend payment date
Antofagasta PLCdividend payment date
Atlantis Japan Growth Fund Ltddividend payment date
BlackRock World Mining Trust PLCdividend payment date
Breedon Group PLCdividend payment date
Carr's Group PLCdividend payment date
CT Property Trust Ltddividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
Develop North PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
Energean PLCdividend payment date
FDM Group PLCdividend payment date
Henderson Diversified Income Trust PLCdividend payment date
HICL Infrastructure PLCdividend payment date
Honeycomb Investment Trust PLCdividend payment date
Imperial Brands PLCdividend payment date
International Personal Finance PLCdividend payment date
Knights Group Holdings PLCdividend payment date
Miton UK Microcap Trust PLCdividend payment date
NextEnergy Solar Fund Ltddividend payment date
PayPoint PLCdividend payment date
Premier Miton Global Renewables Trust PLCdividend payment date
ProCook Group PLCdividend payment date
Redde Northgate PLCdividend payment date
RM Infrastructure Income PLCdividend payment date
Robert Walters PLCdividend payment date
Schroder European Real Estate Investment Trust PLCdividend payment date
SDCL Energy Efficiency Income Trust PLCdividend payment date
TClarke PLCdividend payment date
Temple Bar Investment Trust PLCdividend payment date
ThomasLloyd Energy Impact Trust PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Monday 3 October 
Appreciate Group PLCdividend payment date
Blackrock Sustainable American Income Trust PLCdividend payment date
CLS Holdings PLCdividend payment date
Warehouse REIT PLCdividend payment date
Tuesday 4 October 
Croda International PLCdividend payment date
Rathbone Group PLCdividend payment date
Cohort PLCdividend payment date
Wednesday 5 October 
Savills PLCdividend payment date
Thursday 6 October 
abrdn Latin American Income Fund Ltdex-dividend date
abrdn Smaller Companies Income Trust PLCex-dividend date
abrdn UK Smaller Companies Growth Trust PLCex-dividend date
Andrews Sykes Group PLCex-dividend date
Andrews Sykes Group PLCspecial dividend date
Anglo Pacific Group PLCex-dividend date
Bodycote PLCex-dividend date
Centaur Media plcex-dividend date
Centrica PLCex-dividend date
ConvaTec Group PLCdividend payment date
CT Private Equity Trust PLCex-dividend date
CT UK High Income Trust PLCex-dividend date
D4T4 Solutions PLCspecial dividend date
DS Smith PLCex-dividend date
EMIS Group PLCex-dividend date
European Assets Trust PLCex-dividend date
F&C Investment Trust PLCex-dividend date
Go-Ahead Group PLCspecial dividend date
Gresham House PLCex-dividend date
GSK PLCdividend payment date
Hammerson PLCex-dividend date
Hunting PLCex-dividend date
ICG-Longbow Senior Secured UK Property Debt Investments Ltdex-dividend date
Inspecs Group PLCdividend payment date
InterContinental Hotels Group PLCdividend payment date
Intertek Group PLCdividend payment date
Johnson Service Group PLCex-dividend date
Kainos Group PLCex-dividend date
Keywords Studios PLCex-dividend date
Kingfisher PLCex-dividend date
Learning Technologies Group PLCex-dividend date
Manolete Partners PLCdividend payment date
Martin Currie Global Portfolio Trust PLCex-dividend date
Mears Group PLCex-dividend date
MIGO Opportunities Trust PLCdividend payment date
Morgan Sindall Group PLCex-dividend date
Mortgage Advice Bureau (Holdings) PLCex-dividend date
Murray International Trust PLCex-dividend date
North American Income Trust PLCex-dividend date
Pantheon Infrastructure PLCex-dividend date
RIT Capital Partnersex-dividend date
Serco Group PLCdividend payment date
Shires Income PLCex-dividend date
Smart Metering Systems PLCex-dividend date
Spectris PLCex-dividend date
Supermarket Income REIT PLCex-dividend date
Synthomer PLCex-dividend date
Ten Entertainment Group PLCex-dividend date
TP ICAP Group PLCex-dividend date
Travis Perkins PLCex-dividend date
Troy Income & Growth Trust PLCex-dividend date
Uniphar PLCdividend payment date
Vistry Group PLCex-dividend date
VPC Specialty Lending Investments PLCdividend payment date
Weir Group PLCex-dividend date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
6 Sep 2022 09:10

IN BRIEF: Go-Ahead hit by cyber attack but says no impact on trains

Go-Ahead Group PLC - Newcastle, England-based public transport operator - Suffers cyber security incident, detecting unauthorised activity on its network on Monday. Says it will continue to investigate the potential impact of the attack, but confirms that there was no impact on UK or international rail services, which are operating normally. As a precaution, Go-Ahead has notified relevant regulators, including the UK's Information Commissioner's Office, it adds.

Read more
6 Sep 2022 07:55

Go-Ahead hit by cyber security incident, rail services unaffected

(Sharecast News) - Transport operator Go-Ahead said it is currently managing a cyber security incident, having detected unauthorised activity on its network on Monday, but insisted its rail services have not been affected.

Read more
6 Sep 2022 07:49

LONDON BRIEFING: Truss takes reins; Australia hikes rates for 4th time

(Alliance News) - Stocks in London were called to open lower on Tuesday as Europe continues to face an energy crisis, while sterling strengthened as Liz Truss starts work as the new prime minister of the UK.

Read more
9 Aug 2022 15:51

UK shareholder meetings calendar - next 7 days

Wednesday 10 August 
AssetCo PLCGM re share split
Ariana Resources PLCAGM
Cadence Minerals PLCAGM
CML Microsystems PLCAGM
Foresight Group Holdings LtdAGM
Mountview Estates PLCAGM
Unbound Group PLCGM re open offer
Thursday 11 August 
Inspecs Group PLCAGM
Marks Electrical Group PLCAGM
Silver Bullet Data Services Group PLCAGM
Friday 12 August 
iEnergizer LtdAGM
Ironveld PLCGM re proposals to remove directors
Old Mutual LtdGM
Pineapple Power CorpAGM
Monday 15 August 
Ascent Resources PLCGM re annual report
Corcel PLCAGM
Coro Energy PLCGM re annual report
Forward Partners Group PLCAGM
Ince Group PLCGM re fundraise
Red Rock Resources PlcGM  convertible loans
Schroders PLCGM re dual class share structure
Tuesday 16 August 
Go-Ahead Group PLCGM re takeover by Kinetic and Globalvia consortium
NatWest Group PLCGM proposed special dividends
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
8 Aug 2022 19:11

IN BRIEF: Go-Ahead bidders receive undertakings from Threadneedle

Go-Ahead Group PLC - public transport operator - Consortium in process of buying Go-Ahead, comprised of Kinetic TCo Pty Ltd and Globalvia Inversiones SAU, says it receives additional letter of intent from Threadneedle Asset Management to vote in favour of the deal. Threadneedle holds 7.7% stake in Go-Ahead, representing 3.3 million shares.

Read more
5 Aug 2022 10:02

LONDON BROKER RATINGS: Jefferies cuts Go-Ahead, Mediclinic to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
5 Aug 2022 07:23

Jefferies downgrades Go-Ahead, lifts price target after improved takeover offer

(Sharecast News) - Jefferies downgraded Go-Ahead on Friday to 'hold' from 'buy' as it lifted its price target to 1,550p from 1,320p to reflect the increased takeover offer from Kinetic and Globalvia.

Read more
4 Aug 2022 12:09

LONDON MARKET MIDDAY: BoE hikes, expects UK recession in 4th quarter

(Alliance News) - London shares price made some gains on Thursday morning, though these fell well short of the market rise seen on mainland Europe, as traders in London showed signs of trepidation leading up to the Bank of England's interest rate decision.

Read more
4 Aug 2022 11:51

Go-Ahead backs improved takeover offer from Kinetic and Globalvia

(Alliance News) - Go-Ahead PLC on Thursday said it backs a slightly improved takeover offer from a consortium consisting of Kinetic Holding and Globalvia Inversiones.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.