The Times 25/02 | Vox Markets

The Times 25/02

The media group that owns the Daily Mirror and Daily Express, Reach Plc (RCH), has set a target of raising the number of registered customers from less than one million to seven million by the end of 2022 as part of an ambitious digital push.

One of Britain’s biggest drugs companies, GlaxoSmithKline (GSK) is partnering with a Chinese biotech company to develop its vaccine candidate for the coronavirus.

Estate agents Countrywide (CWD) and LSL Property Services (LSL) ‘in £460m merger talks’. Two of Britain’s biggest estate agent groups are in talks over a possible £460 million merger.

Meininger Hotels in £330m Aim float. A low-cost hotel operator is planning to debut on London’s junior stock market next month in what will be the biggest Aim listing of the year so far.

Restaurant Group (RTN) will announce outlet closures this week. The owner of Frankie & Benny’s and Chiquito is expected to announce site closures this week in a new blow to retail park landlords.

JP Morgan Chase is set to launch a range of savings and loan products within the next few months in a move that will further shake up the fiercely competitive UK consumer banking market.

twitter_share

Mentioned in this post

CWD
Countrywide
GSK
GlaxoSmithKline
LSL
LSL Property Services
RCH
Reach Plc
RTN
Restaurant Group