The private capital firm has cancelled a planned merger between two affiliates that lend to middle-market companies
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Blue Owl’s clever private-to-public deal makes investors see red
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Ford UK boss warns Rachel Reeves against higher taxes on electric vehicles
Lisa Brankin says new levies could discourage switch to EVs amid reports chancellor mulling pay-per-mile charge Business live – latest updates The boss of Ford UK has warned Rachel Reeves against increasing taxes on electric vehicles in next week’s budget, saying it could discourage drivers from making the switch away from petrol and diesel cars. Lisa Brankin, the managing director of Ford UK, said it was “certainly not the right time” to introduce new levies on EVs, amid reports that the chancellor could implement a new pay-per-mile charge on electric vehicles (EVs) from 2028. Continue reading… Source link
UK is worst-performing market for JD Sports as youth unemployment hits sales
Lack of spare cash among under-25s feeds slide in sales with annual profits to be at lower end of expectations Unemployment among young people in the UK is hitting sales growth and profits at JD Sports, the owner of the trainer and sportwear chain has said, amid warnings about the high number of under-25s not in work, education or training. The UK was the worst-performing market for JD Group, which also owns Blacks, Go Outdoors and a number of US and European sports chains. Continue reading… Source link