An American activist hedge fund has dismissed a plan by Akzo Nobel to split its business in two and hand back £1.3 billion to shareholders, calling it too ambitious, incomplete and an attempt by senior managers to keep their jobs.
Consumers ‘exploited and abused’ on energy bills
The Anglo-Dutch consumer goods giant Unilever lifted its dividend by 12 per cent as it reported better-than-expected quarterly sales and moved to bounce back from a surprise takeover approach by Kraft Heinz.
Central Bank board members expressed concern that loosening mortgage lending rules could lead to an increase in house prices and warned that the regulator is under-resourced, new documents show.
Residents and businesses in small towns are pulling out the stops to keep threatened branches open