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The Latest Breaking News from Melrose

Melrose shareholders reject pay deals worth £200m for four top bosses

The chairman of the London-listed company told investors ‘I understand your concerns’ after holding the vote at its annual general meeting.

Evening Standard

Aerospace giant Melrose says US tariffs creating ‘complexity’ for industry

The company told shareholders it has managed to take a number of measures to mitigate the impact of tariffs,

Evening Standard

Dowlais deal shows crisis in the UK stock market is getting worse

It should be the GKN Automotive owner taking over its US rival American Axle, not the other way around

The Guardian - UK

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FTSE drops amid thin trading as Wall Street stocks slip

The FTSE 100 finished 28.77 points, or 0.35%, higher to end the day at 8,121.01.

Evening Standard

'Special' new bond between young and old as Melrose High and Goodwin Village connect

How the imagination of a teacher brought different generations together.

The Canberra Times

More Melroses, fewer Sheins: the real definition of success for London

Look to Simon Peckham’s return with Rosebank Industries for an example of where the market should place value

The Guardian - UK

UK ‘robber baron’ company Melrose gives bosses £176m handout

Lion’s share will go to three former executives of company condemned for hostile takeover of engineering firm GKN in 2018

The Guardian - UK

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Huge payouts in prospect for ‘robber barons’ who won bitter battle for GKN

Fears for what Melrose might do to the historic engineering firm did not all come to pass, but more anger is now in prospect

The Guardian - UK

Melrose ups profit guidance under new boss despite Boeing problems

Melrose Industries, the former conglomerate turned aerospace specialist, saw profit more than double thanks to a rebound in the aviation sector and raised profit forecasts for next year even higher.

Evening Standard

Humberto Leon’s Tory Burch pop-up shows a playful new side of the American power brand

Tory Burch’s colourful new Humberto Leon-designed pop-up on Melrose Avenue in Los Angeles shows the ongoing evolution of the American brand, which now thrives on the unexpected

Wallpaper

FTSE 100 Live: London shares finish week ahead after late climb, pound below $1.25

London’s top flight is down today despite starting ahead, with GSK among the risers while yesterday’s top winner Melrose leads today’s fallers board.

Evening Standard

Melrose on track for £1bn of profit as aerospace takes off

Shares leap as investors cheer figures. CEO and CFO to move on

Evening Standard

Best picnic food, snacks and drinks to buy from supermarkets in 2023

Summer spread ready

Evening Standard

Livingston captain leads by example as side take First Division top spot

It was a great weekend for West Lothian's top teams with Linlithgow and Livingston both sitting at the top of their respective tables.

Daily Record

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Evening Standard

Best food gift hampers to send delicious treats to a friend or loved one

For the fool-proof gift, this is the full package

The Guardian - UK

As Dowlais debuts, fears over Melrose’s GKN takeover look unfounded

In 2018 the deal was treated with much scepticism, but Melrose can hardly be accused of slash-and-burn tactics

Wales Online

The iconic barcode turns 50 today

The barcode was first used 50 years ago, and is now seen on average 20 times a day by an individual Brit

Evening Standard

Best wine and cheese gift baskets to send a luxury treat in 2023

Leave the pairings to the experts

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Birmingham Post

West Midlands business review of 2022 - part three: Commonwealth Games, big move for BBC and Villa Park expansion

Our 2022 review of the business world in the West Midlands hits the summer and the spectacular Commonwealth Games, the Beeb announces plans to leave the Mailbox and Aston Villa press ahead with stadium expansion

Chronicle Live

Newcastle Falcons pay tribute to Doddie Weir with fundraiser games alongside Southern Knights

Doddie founded the My Name'5 Doddie Foundation with a mission to find a cure for MND. Now, his beloved teams will come together to continue to raise funds in his memory

The Independent UK

Your legacy will be that we do find a cure for MND – Doddie Weir’s ex-team-mate

Tributes were paid during an emotional memorial service at Melrose Parish Church on Monday.

The Independent UK

Doddie Weir’s wife thankful for ‘overwhelming’ support at memorial service for rugby legend

Hundreds of people gathered at Melrose Parish Church to honour the late Scotland international, who died in November after a six-year illness with motor neuron disease

The Independent UK

Doddie Weir’s wife thankful for ‘overwhelming’ support at memorial service

Hundreds of people from the world of rugby union and beyond have gathered at Melrose Parish Church.

Birmingham Post

Melrose Industries to break up GKN by spinning off automotive and powder metallurgy divisions

Turnaround investor says the proposal gives each 'an exciting opportunity to grow shareholder value'

Evening Standard

Melrose to split in two with spin-off of its GKN automotive business

Boss of FTSE 100 engineer tells the Standard it’s about getting the company’s ‘mojo back’

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