Segro backs down from Tritax bidding war amid asset buying spree Investing Segro has failed to up its offer for a takeover of Tritax Eurobox despite being outbid by Brookfield, leaving the latter victorious in the bidding war. Despite failing to successfully take over the real estate investment trust, Segro said today that it had bought about a third of Tritax Eurobox’s assets for 470m euros (£389m). [...]
Eurozone grows twice as fast as expected as Germany dodges recession Economics New 'flash' figures released by Eurostat showed that the bloc grew 0.4 per cent between July and September, accelerating from 0.2 per cent in the second quarter.
UK-Germany: No post-Brexit youth mobility scheme but defence deal at ‘heart’ of treaty Politics A new UK-Germany treaty will have a fresh defence agreement “at its heart”, Sir Keir Starmer has said, as he insisted there are no “plans” for a youth mobility scheme. The Prime Minister spoke at the German chancellery in Berlin alongside Chancellor Olaf Scholz during a press conference to announce the launch of talks for [...]
Starmer to woo investors as new UK-Germany deal talks launched August 28, 2024 Sir Keir Starmer is set to woo major investors during a European trip which will see him launch negotiations for a major new UK-Germany treaty. The Prime Minister is set to meet bosses from Siemens Energy and Rheinmetall, as well as investors from Thales, Eutelsat, Mistral AI and Sanofi during visits to Berlin and Paris. [...]
Contraction confirmed for German economy with no recovery in sight August 27, 2024 The growth slowdown was led by a sharp fall in investment, which fell by more than 2.0 per cent in the quarter.
UK economy still Europe’s ‘bright spot’ after latest PMI surveys August 23, 2024 The latest 'flash' purchasing managers' index (PMIs), released yesterday by S&P, showed that the UK maintained its advantage over rivals on the continent in August.
France, Portugal, Spain and Germany on same side of Euro 2024 Round of 16 June 25, 2024 France missed a number of chances on Tuesday evening as they finished their final Group D tie against Poland 1-1 but booked a spot in the Round of 16. The result, combined with a 3-2 win for Austria over the Netherlands, means France could only finish as runners-up in Group D behind Ralf Rangnick’s Das [...]
Euro 2024 prize money: How much can teams win in Germany? June 14, 2024 The team that wins this year’s Euro 2024 Championship in Germany could pocket themselves £28,250,000 in prize money. Data from the Uefa Financial Report, crunched by Football Benchmark, has shown that prize money for this year’s Euros, which begins on Friday 14 June, has not changed since the 2020 tournament. But teams can still cash [...]
Social media drives UK online ad spend to highest level ever April 25, 2024 Total ad spend rose six per cent in 2023 to £36.6bn, although this translated to a 1.2 per cent contraction after accounting for inflation.
UK off to strong start in 2024 despite recession while Germany and France stagnate February 24, 2024 Despite falling into a shallow recession in the second half of last year, business activity in the UK seems to have bounced back at the beginning of 2024.