An Isle of Man-based billionaire's improved offer to buy Pinewood Shepperton now has the backing of the famous film studio.
John Whittaker's Peel Holdings increased its offer by £8 million to £96.1 million, in the face of rival interest from former Harrods owner Mohammed Al Fayed.
The deal remains subject to shareholder approval at Pinewood's AGM at the end of May, but the company is recommending acceptance.
Ministers to meet with LVA to discuss hospitality concerns
Comes after concerns raised about the issues facing the industry
Looneys of Ramsey to close
Number of factors behind the decision
Trade is good, but it's still a struggle to make a profit, says local business
Comes after calls for gov't to do more to help hospitality sector
Villiers Square development plans approved
Two buildings proposed for the site
Developer offers Newson's building to government 'free of charge'
But government minister thinks it wouldn't be appropriate to accept
Financial education course launched through UCM
Two-year course combines various qualifications
