Morrisons suitor CD&R given more time to make rival offer

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Morrisons suitor CD&R given more time to make rival offer

The bidding war for Morrisons has taken another twist after one of its suitors, the US private equity group Clayton, Dubilier & Rice, was given more time to consider a rival offer. The UK’s Takeover Panel, which regulates takeover activity, said it had given …
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Half a million UK partners in law firms and accountancies face tax hike in 2022

In the existing system businesses can choose when they draw up annual accounts. Their tax bill falls at the end of the tax year in which their accounting
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A post-Covid crash is looming – and Britain's auditors are asleep at the wheel

The need for decent accounting could hardly be more critical. A recent study by none other than the “big four” accountancy firm EY found that the
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We're Getting '70s Flashbacks in Markets Too

John Authers is a senior editor for markets. Before Bloomberg, he spent 29 years with the Financial Times, where he was head of the Lex Column and
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Malaysian Premier Tells Colleagues He Will Resign, Minister Says

… the king on Monday and submit his resignation letter, Mohd Redzuan Yusof, a minister in the Prime Minister's Department, told Bloomberg News.
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