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NatWest acquires Evelyn Partners in £2.7bn deal


By Michael Griffiths

NatWest has reached an agreement to acquire wealth manager Evelyn Partners in a deal worth £2.7bn.

The transaction, from funds advised by NatWest’s private equity owners Permira and Warburg Pincus, is the bank’s largest acquisition since it was bailed out by taxpayers in 2008.


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Centrica raises £80m through European business disposals

Energy company Centrica has confirmed the sale of several European non-core businesses to raise over £80m

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Ocado set to cut 1,000 jobs in cost reduction plans

Ocado Group is drawing up restructuring plans that could see the retail technology firm put up to 1,000 jobs at risk

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Wynnstay surpasses upgraded expectations in full year

Wynnstay Group has described its results for the year to 31 October as a “strong operational and financial performance”, as it beat profit expectations

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Rio Tinto and Glencore walk away from £190bn deal

Rio Tinto has announced it is no longer considering a possible merger with Glencore, after the two firms held discussions over a £190bn deal to create the world’s largest mining company

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BT reports revenue dip in Q3

BT has reported a 4% dip in revenue to £4.98bn in its latest Q3 results, as the telecoms giant cited service revenue declines, lower equipment revenue, and a slowdown in handset trading

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Bank of England holds base rate at 3.75%

The Bank of England (BoE) has announced it will hold interest rates at their current level of 3.75% in its first base rate vote of the year

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Vodafone shares drop after Q3 update

Shares in Vodafone fell by over 7% after its operating profit dropped by 52.7% year-on-year to €500m in Q3

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47% of corporate finance leaders to prioritise AI in next 18 months

Forty-seven per cent of finance teams within corporates will prioritise the adoption of artificial intelligence (AI) within the coming 18 months, according to a study by AccessPay

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GSK publishes ‘solid’ full-year results

GSK has described its full-year results as "solid" as its total sales jumped by 4% year-on-year to £32.7bn in 2025

Victrex revenues fall in subdued performance

Shares in Victrex fell by over 4% after the firm reported a 6% decline in revenue in the three months to 31 December, totalling £62.4m
Virgin Media O2 owners set to buy £2bn rival

Virgin Media O2’s owners are in advanced talks to buy UK-based broadband rival Netomnia, according to The Financial Times
Beazley accepts £8bn Zurich takeover offer

Beazley has accepted a takeover offer from Zurich which values the UK group at £8bn


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