Low-cost gym operator Pure Gym has snapped up older mid-market rival LA Fitness, picking up 43 clubs for an undisclosed sum thought to be in the range of �60-80 million.
Ask any optimist on the outlook for the UK economy why they remain upbeat despite recent soggy growth and there is normally a one word answer: confidence.
UK data centre specialist Telecity has been bought by a US rival in a �2.35bn deal after a bid battle for the business. Equinix is offering �11.45 a share in a mixture of cash and paper, leading rival suitor Interxion to withdraw from the running.
Home improvement giant Kingfisher (KGF) reported a first-quarter trading update that supported our thesis of a robust performance in the U.K.
Widespread flaws in the way the big accountancy firms - notably Grant Thornton and EY - carry out audits have been revealed in an annual check by the industry watchdog.