Pub chain Marston’s shares jump on takeover news
Craig TaylorA US private equity firm has made an “unsolicited” offer to buy the British pub giant. BBC News – Business
Business
UK car production tumbles to ‘worst in a generation’
Output tumbled almost 30% last year as Covid forced factory closures and a fall in consumer demand. BBC News – Business
MPs accuse HSBC of aiding China’s Hong Kong crackdown
The bank’s boss strongly rejects MPs criticism of “double-standards” over China’s actions in Hong Kong. BBC News – Business
Debenhams shops to close permanently after Boohoo deal
Online retailer Boohoo will buy the brand for £55m, but not its shops, putting 12,000 jobs at risk. BBC News – Business
Firms planned record 800,000 redundancies last year
Despite the furlough scheme, employers decided to a record number of jobs during 2020. BBC News – Business
Cladding crisis: ‘Delays could bankrupt us’
Campaigners say a government fund to pay for the removal of dangerous cladding is woefully inadequate. BBC News – Business