Teesside torment: Sir Jim Ratcliffe’s Ineos consults on closing factory,...
Workers at an Ineos factory in Teesside were left fearing for their jobs this morning, after the chemicals giant said it was consulting on shutting it down. The future of the plant at Seal Sands,...
View ArticleJim Ratcliffe wins Jaguar Land Rover challenge over Defender shape
Jaguar Land Rover’s (JLR) efforts to thwart billionaire businessman Sir Jim Ratcliffe’s plans to model the shape of his new 4×4 on JLR’s Defender have failed. The Sunday Times today reported that...
View ArticleSir Jim Ratcliffe hit with legal claims over North Sea pipeline
Britain’s third richest man Sir Jim Ratcliffe is facing claims that he is looking to raise costs for a rival to use the main North Sea oil pipeline. American oil firm Apache has said that Ineos, which...
View ArticleCoronavirus: Chemicals giant Ineos to build hand sanitiser factory in 10 days
Chemicals giant Ineos will build a hand sanitiser factory in 10 days that will produce 1m bottles a month as more UK firms join efforts to curb the spread of coronavirus. Ineos, which is owned by the...
View ArticleSir Jim Ratcliffe’s Ineos to build new 4×4 in France
UK car manufacturing suffered another blow today after it emerged that Sir Jim Ratcliffe’s Ineos had made an official offer to buy a factory in France to build its new 4×4. The billionaire was...
View ArticleIneos inks deal with Hyundai for hydrogen-powered Grenadier 4×4
Sir Jim Ratcliffe’s Ineos will work with South Korean auto giant Hyundai to assess whether its new Grenadier car can be powered by hydrogen fuel cell. The assessment is part of a new deal between the...
View ArticleSir Jim Ratcliffe’s Ineos confirms new 4×4 will be built in France
Sir Jim Ratcliffe’s Ineos today confirmed that it would build its new 4×4 car in France, putting an end to hopes that it would do so in Wales. Back in August it was revealed that the petrochemicals...
View ArticleIneos snaps up Danish oil and gas fields for $150m
Ineos today said that its energy subsidiary had snapped up Danish firm Hess’ oil and gas assets for $150m (£107m). The deal will see the conglomerate take control of the remaining 61.5 per cent stake...
View ArticleIneos strikes deal with New Zealand Rugby to add All Blacks to sporting...
New Zealand Rugby has announced Ineos is to become its official performance partner in a six-year deal beginning in 2022. The deal sees New Zealand Rugby’s national teams, including the All Blacks and...
View ArticleChelsea sale: Sir Jim Ratcliffe bid ‘rejected out of hand’ by Roman...
British billionaire Sir Jim Ratcliffe, who has bid for Chelsea, is worth an estimated £11.9bn Sir Jim Ratcliffe’s bid for Chelsea has been “rejected out of hand”, according to senior figures at his...
View ArticleIneos presented with £1.2bn bill to make Defender’s rival
Ineos Automotive has been presented with a £1.2bn bill for its efforts to manufacture a rival to Land Rover’s Defender. Since its 2017 foundation, the car maker – a subsidiary of chemicals giant...
View ArticleIneos in talks with Rolls-Royce to build mini nuclear reactor and power...
Ineos is reportedly in talks with Rolls-Royce to build a mini nuclear reactor and power its Scottish chemical refinery. Jointly owned by China’s PetroChina, the Grangemouth factory will need to reach...
View ArticleIneos founder Ratcliffe ‘formally’ enters race to buy Manchester United
Ineos founder Sir Jim Ratcliffe is in the race to buy Manchester United this year. (Photo by Bryn Lennon/Getty Images) Founder of Ineos and one of Britain’s richest men Sir Jim Ratcliffe has...
View ArticleINEOS secures £3.1bn to build Europe’s greenest ‘cracker’ power plant
The Belgian chemical arm of INEOS has raised £3.1bn (€3.5bn) to build the most environmentally sustainable ‘cracker’ power plant in Europe. INEOS Olefins Belgium is overseeing Project ONE – a new...
View ArticleManchester United bidders heading for Old Trafford talks this week
Sir Jim Ratcliffe, one of Britain’s richest men and a hopeful buyer of Premier League outfit Manchester United, is set to appear at Old Trafford tomorrow to receive a presentation on the potential...
View ArticleQatari bidder Sheikh Jassim rules out Manchester United move for Lionel Messi
Lionel Messi won the World Cup in Qatar, which owns his current club, but his association with the Gulf state will not continue even if Sheikh Jassim buys Manchester United Manchester United will not...
View ArticleINEOS boss Sir Jim Ratcliffe brands CMA ‘increasingly hostile to business’...
INEOS chair Sir Jim Ratcliffe has lashed out at Britain’s competition watchdog for being “increasingly hostile” to business – after it blocked a $1bn deal involving his firm. The business titan who...
View ArticleSir Jim Ratcliffe set to pay 100 per cent premium for Manchester United stake
Sir Jim Ratcliffe is set to buy a stake in Manchester United for £1.3bn Sir Jim Ratcliffe is close to adding Manchester United to his sporting portfolio with a minority investment that values the...
View ArticleManchester United: Five questions as Sir Jim Ratcliffe nears £1.3bn deal
Will Ratcliffe’s minority purchase appeas Manchester United fans keen to see the Glazers depart? A year after declaring his interest in buying Manchester United, Sir Jim Ratcliffe looks set to get his...
View ArticleManchester United share price slumps after potential Ratcliffe minority stake...
Manchester United’s share price has slumped today with news of a potential minority investment from chemical company Ineos’ owner Sir Jim Ratcliffe. (Photo by Valery HACHE / AFP) (Photo by VALERY...
View ArticlePetroineos to cut Grangemouth oil operations by 2025 in attempt to ‘reflect...
The owner of Scotland’s only oil refinery has said it could cut operations at the plant as soon as 2025. Owner company Petroineos, a joint venture between Chinese state-owned PetroChina and...
View ArticleSpurs equalise twice to ruin Ratcliffe debut as Manchester United shareholder
Tottenham Hotspur twice came from behind to deny Manchester United victory in front of their new minority shareholder Sir Jim Ratcliffe on Sunday. Richarlison and then Rodrigo Bentancur cancelled out...
View ArticleRatcliffe: This is the beginning of a new Manchester United journey
Sir Jim Ratcliffe says Manchester United’s journey back to the top of world football starts now after completing his £1.3bn deal to become minority owner of the Premier League giants A year and three...
View ArticleSunday Times Rich List sport: Lewis Hamilton, Jim Ratcliffe and Eddie Hearn
Seven time Formula 1 champion Lewis Hamilton has entered the Sunday Times Rich List for the first time in 2024. His £350m fortune is expected to rise after he joins his Mercedes rivals Ferrari before...
View ArticleRatcliffe takes aim at Premier League: ‘Interfering’ will ‘ruin’ best league...
Manchester United co-owner Sir Jim Ratcliffe has urged the Premier League to row back on regulation, arguing that increasing interference could see it “ruin” the competition’s appeal. Ratcliffe, the...
View ArticleElection 2024: Firms have ‘nothing to worry about’ on workers’ rights, Reeves...
Rachel Reeves has told businesses that they have “nothing to worry about” when it comes to Labour’s workers’ rights reforms. Speaking at The Times CEO Summit yesterday, the shadow Chancellor...
View ArticleIneos Energy favours US and Denmark expansion as Britain puts ‘pain’ on industry
The chief executive of Ineos Energy has said the business will prioritise expansion in the US and Denmark over Britain, arguing that the country’s politicians have put “pain” on the oil and gas...
View ArticleAhead of the Game: Treasury cost-cutting to hit Manchester United £2bn...
Manchester United may have to scale back plans for a new 100,000-seater stadium on the site of Old Trafford because of a lack of government funding. Sources with knowledge of the £2bn project have...
View ArticleBen Ainslie on America’s Cup, Sir Jim Ratcliffe and backing Ineos Britannia
Ineos Britannia is a boat designed to do something Great Britain has never done before: win the America’s Cup. It is the oldest international sporting trophy in the world and is very, very expensive...
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