Eddie Stobart Logistics (ESL) to offer investors choice in financing. Rights issue early next year follows rescue by private equity group Dbay
Lord Saatchi quits M&C Saatchi (SAA) as accounts scandal takes twist. Founder of advertising agency and three non-executive directors depart in row over reforms
Lloyds Banking Group (LLOY) – Victims of HBOS fraud in line for bigger payout. Review says bank’s compensation scheme ‘not fair and reasonable’
Ted Baker (TED) shares plunge as chief executive and chairman resign. Fashion retailer forecasts full-year profits will fall as much as 90%
Lex – Rolls-Royce Holdings (RR.)/ValueAct: breaking Brad. Shares are only a shade higher than when Bradley Singer joined in 2016
Wetherspoon (J.D.) (JDW) plan to create 10,000 jobs met with scepticism. Pub chain announces £200m investment to open new premises despite weak consumer spending
Ashtead Group (AHT) to refocus UK business after sharp profit fall. A-Plant unit has suffered from tougher competition and a weaker pound
Rolls-Royce Holdings (RR.) biggest shareholder ValueAct quits board. Representative of activist investor steps down as non-executive director
Just Eat (JE.) rejects sweetened Naspers takeover bid. South Africa’s Naspers attempts to disrupt Takeaway deal