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Ministers are consulting on revised rules governing fire and rehire. The proposed code would reflect employment legislation but is not yet final or in force.
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University spinout funding increased while early stage investment contracted sharply. New research shows £1.56bn raised in six months, but just £47m reached first-time equity deals.
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LSEG has agreed to acquire specialist credit intelligence provider Octus. The proposed transaction expands its credit intelligence business, particularly in private markets where proprietary data is commercially valuable.
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Employers face new dismissal restrictions protecting pregnant workers and mothers. The proposed proportionality test is planned for October 2027, while existing redundancy and discrimination duties continue to apply.
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Ashtead Technology agreed recommended cash acquisition terms worth approximately £505m. The 615p-a-share scheme remains conditional and would take the offshore equipment business into private ownership.
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September borrowing exceeded forecasts as Britain’s public debt passed £3tn. The ONS recorded £24.5bn of borrowing, adding pressure ahead of the 28 October Budget.
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Mobico directors favour possible takeover terms, subject to further conditions. Autobuses de Leon has indicated 46p per share, but has not made a firm offer.
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Australian infrastructure investor IFM agreed terms for majority port ownership. Two Canadian pension investors will sell their combined 63.9% stake in Associated British Ports, subject to review and approvals.
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Ignite Funding Partners has launched lending services for established companies. Founded by former ThinCats chief Ravi Anand, the business intends to offer £1m–£25m facilities and is seeking £500m in institutional capital.
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Plus500 has conditionally agreed to buy a Brazilian brokerage business. The proposed Guru acquisition would provide local regulatory presence, subject to approvals and completion.