Overseas investors retreat from UK commercial property as red tape bites
Britain’s pitch as the most reliable address in European real estate has taken a knock. Foreign investors, the lifeblood of the country’s commercial property market...
Alvotech founder Robert Wessman threatens to quit Britain over ‘anti-wealth’ tax regime
The Icelandic-born billionaire behind Nasdaq-listed biosimilars group Alvotech has become the latest international entrepreneur to warn that Britain’s tax direction is making the country uninvestable...
Food bills set to climb as ministers refuse to ditch £2bn packaging levy
Spanish-owned Encirc, which produces a third of Britain’s glass bottles, is understood to be poised to withdraw a £500m furnace upgrade as Whitehall digs in...
Morrisons courts rival grocers in bid to widen Myton supply deals
Bradford-based grocer pitches its Myton manufacturing arm to Sainsbury’s and other supermarket rivals as it tries to grind down a £3.1bn debt pile inherited from...
James Watt plots brewing comeback with community-owned Second Best venture
Barely two months after the spectacular implosion of the craft brewer he built into a £2bn icon of British entrepreneurship, James Watt is climbing back...
Charlotte Tilbury’s payout demand scuppers £30bn Estée Lauder–Puig beauty mega-merger
A change-of-control clause held by Britain’s wealthiest make-up artist has emerged as the unlikely catalyst behind the collapse of one of the cosmetics industry’s most...