Rolling coverage of the latest business and financial news, as home delivery firm Just Eat receives a rival takeover offerLatest: Biggest drop in factory orders since recessionBreaking: Just Eat in £4.9bn takeover battleJust Eat turns offer downEarlier:Sterling calm ahead of Brexit votesPremier Inn suffers from economic uncertainty 2.44pm BST Ed Conway of Sky News points out that the pound may be on Boris Johnson’s side, for a change….Interesting change in pattern of how sterling reacts to Brexit developments. Up until last wk when Commons defied govt, sterling would tend to rise. These days when Commons defies govt it tends to fall. For first time in ages, markets, in this sense, seem to be on govt’s side. pic.twitter.com/ddYjy7Fk3q 2.34pm BST Here’s a neat chart from Vincent Flasseur of Reuters Breaking Views, to illustrate the Just Eat takeover battle:Naspers spinoff wades into UK food delivery fight https://t.co/tCm4E399kF @KarenKKwok pic.twitter.com/c9NSq2zkW9 Continue reading…
Via: UK factory downturn worsens; Just Eat rejects £4.9bn takeover offer – business live
Categories: English News