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Daily Archives: October 6, 2020

G4S suitor in fresh attack on security firm’s board

The Canadian security firm mounting a hostile takeover bid for British rival G4S renewed its attack on the board, as it began its charm offensive with shareholders. Security firm Garda World, which is backed by private equity giant BC Partners, said unforced errors by bosses have helped wipe £1billion off …

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MARKET REPORT: Virgin Money soars 7% as 400 staff face the axe

Shares in Virgin Money rose by nearly 7 per cent yesterday as the High Street lender pressed ahead with ruthless cost savings, including a reduction of hundreds of jobs. Following its merger with Clydesdale and Yorkshire Bank in 2018, Virgin had said that it planned to get rid of 16 per …

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