City File: Brewing up
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.ON THE subject of brewers, Greene King will be able to bid again for Morland come the end of this month. However, the Morland price has risen more than 20 per cent from the 450p a share Greene King offered a year ago, and it looks like the East Anglians may be forced to throw in the towel.
This is not all bad. Greene King has a 29.3 per cent stake in Morland, worth pounds 33.5m. With the Morland shares firm, Greene King could be tempted to place the stake.
This would produce a profit of pounds 6m, which would be fairly welcome as Peter Thompson at Kleinwort Benson thinks Greene King's pre-tax profits, to be announced on Friday, will be as flat as day-old beer at pounds 20.5m.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments