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Daily Mail owner agrees to buy Daily Telegraph for £500m
Getty Images The publisher of the Daily Mail has agreed to buy the Daily and Sunday Telegraph for £500m. The Daily Mail and General Trust (DMGT) said it had entered a period of discussion with RedBird IMI, which is a joint venture between the United Arab Emirates and the US private equity firm RedBird Capital…
Heathrows plan for longer third runway chosen by government
Heathrow Airport’s plan for a third runway, which involves moving the M25 motorway, has been chosen by the government. Two plans had been under consideration – one from the airport itself, and another from Arora Group, led by hotel tycoon Surinder Arora. Heathrow had proposed a new runway which would be up to 3.5km (2.2…
Co-op says cyber-attack cost it £206m in lost sales
The Co-op has said the cyber-attack it suffered earlier this year cost it at least £206m in lost revenues. The retailer’s IT networks were infiltrated by hackers in April, resulted in payment problems, widespread shortages of goods in shops, and the loss of customer data. Co-op chair Debbie White said the “malicious” attack had caused…
Woman volunteers at Blackpool foodbank that supported her through difficult time
Yunus MullaNorth West, Blackpool BBC Lisa Parkinson has been volunteering for three-and-a-half years for the Big Food Project in Blackpool A woman who began volunteering at a foodbank that “got us through a very difficult time” says it is her way of “giving back”. Lisa Parkinson started working for the Big Food Project in Blackpool…
