1. Private equity wolves declare open season on UK mid caps
It appears that London’s substantially cheaper capital markets valuations are coming home to roost, with dry powder-rich PE managers catching a whiff of a market rebound and making bids while the going is still cheap.
See also: Wood Group to 'engage' with Apollo on bid proposal
2. Capita falls on reports cyber attack was worse than admitted
Capita, which has £6.5bn in government contracts — including for the NHS, the army and the Cabinet Office — handles the personal details of millions of members of the public.
3. FTSE 100
At the close, the FTSE 100 finished just in the green at 7,880 points for a 0.1% lift on the day.
4. Royal Mail-owner IDS rises after striking pay deal with CWU
In a joint statement, Royal Mail and the CWU said: "After almost a year of talks, Royal Mail and the Communication Workers' Union are pleased to announce they have reached a negotiators' agreement in principle.”
5. Can bank holiday-filled May kickstart pub and restaurant revival?
Brits will be treated to three bank holidays in May thanks to King Charles III’s coronation and hospitality operators will be hoping this period can spur growth following a tough few years for the sector.