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Hot Off The Wires - 22nd June 2021

News


  • Rupert Murdoch is exploring a tie-up with BT’s television arm as the media tycoon looks to build on News UK's existing broadcasting business.

  • British holidaymakers who have had both coronavirus jabs could enjoy more quarantine-free travel from August under government plans to rescue summer breaks.

  • Legal and General Investment Management, a top 10 shareholder in Morrisons, has blasted the Clayton, Dubilier & Rice’s bid warning that the private equity house ‘would not be adding any genuine value’.

  • Soho House, the owner of private members’ clubs in North America, Europe and Asia, has laid out aggressive expansion plans as it filed to go public in New York; it seeks valuation of about $3bn as Covid restrictions ease.

  • Armin Laschet, frontrunner to become Germany’s next chancellor, has warned of the dangers of cold war against China, suggesting many in Europe were sceptical of US President Joe Biden’s hawkish attitude to Beijing.

  • Boris Johnson is blocking rises for income tax, VAT and national insurance to pay for social care, making it ‘extremely difficult’ for the chancellor to find the £10bn needed.


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