The starting whistle has been blown in the race to buy Manchester United — a deal that will require bidders to not only win over the club’s current owners, but also its fanbase. While that deal rumbles on, a smaller deal hits a stumbling block: unusually, soap-maker Lush refused to record the transfer of shares in Silverwood Brands’ purchase of a 20% stake. Meanwhile, under short-seller pressure, Darktrace has taken further steps to assess its financial health.
Here’s the key business news from London this morning: