Over-50s firm Saga (SAGA) has begun to break itself up after coming under pressure from the aggressive American hedge fund run by billionaire Wall Street financier Paul Singer. City sources said the listed insurance and travel group has decided to try to sell its Titan Travel arm, which carries out escorted tours to 70 countries across the world.
Now Burford Capital (BUR) boss in the US is accused of betrayal as firm continues to battle short-sellers. Burford Capital has been dragged into a legal row in the US in a further blow for the litigation financier as it battles short-sellers.
German beer for £1.49′: Wetherspoon (J.D.) (JDW)‘s boss Tim Martin on Brexit and tax inequality between pubs and supermarkets. Tim Martin is immensely looking forward to a tipple on Friday, when he will toast Britain’s exit from the EU with a pub crawl of ‘five or six’ of his chain’s Central London pubs.