Melrose pledges to keep its HQ in UK after hostile GKN bid

Government says it has stepped in to seek binding assurances from the turnaround specialistMelrose has promised to keep its headquarters and listing in the UK, after the government stepped in to seek binding assurances from the turnaround specialist over its hostile £8bn bid for the engineering group GKN.
Greg Clark, the business secretary, has written to Melrose – which has been headquartered in the UK since it was founded in 2003 – to demand a long-term approach, saying the b