Balfour Beatty and Asos Top News: £5.3bn Merger and Budget Criticisms
ByAinvest
Monday, Nov 17, 2025 11:12 pm ET1min read
Ceres Power and Balfour Beatty are set to merge in a £5.3bn deal, with the latter's shareholders to receive a £2.3bn cash payout. Asos has reported a 2% YoY decline in Q3 sales, while B&M European Value has reported a 13.6% YoY increase in Q3 sales. Premier Foods has reported a 3.4% YoY increase in Q3 sales. Rachel Reeves has been criticized for her handling of the budget by a top economist.
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