Mark Kleinman: Reeves heads outside in hunt for new banking watchdog Business Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Reeves heads outside in hunt for new banking watchdog File it under ‘Rachel Reeves’s headaches’. A search for Britain’s top banking regulator is about to get underway, and the word in Whitehall is that the chancellor [...]
Jollyes sinks further into the red despite sales surge at Pets at Home rival Retail Jollyes has sunk further into the red despite its sales continuing to surge as it attempts to increase its rivalry with Pets at Home. The company has posted a pre-tax loss of £13.3m for the year to 26 May, 2024, after having also made a £5.3m loss in the prior 12 months. However, newly-filed accounts [...]
Jollyes: Pets at Home rival to lower 3,000 prices and open new stores Retail Pet superstore chain Jollyes has revealed plans to lower thousands of prices and open new stores across the UK. The retailer, which is a major rival to Pets at Home, has also announced a range of new benefits for its employees in a bid to attract new talent. The news comes almost a year after [...]
Sale Sharks owner sells £1bn empire to Asda backer TDR Capital January 20, 2025 Simon Orange, the self-made millionaire who co-owns Premiership rugby club Sale Sharks, has sold his business empire to Asda backer TDR Capital in a deal worth more than £1bn. CorpAcq, which is based in Cheshire, counts more than 40 businesses as part of its portfolio including the likes of Cotton Traders. CorpAcq does not included [...]
Profit at FTSE 100 supplier Workday almost doubles November 11, 2024 Profit at the UK arm of software giant Workday almost doubled during its latest financial year, it has been revealed. The US group’s division has reported a pre-tax profit of $39.5m (£30.6m) for the 12 months to 31 January, 2024, according to newly-filed accounts with Companies House. The new figure comes after the firm posted [...]
Cinch and Webuyanycar owner slashes loss despite used and electric cars woes October 8, 2024 The owner of Cinch and Webuyanycar slashed its loss almost in half despite suffering a sharp drop in the value of used cars in 2023. Constellation Automotive, whose brands also include Marshall Motor Group and BCA, has reported a pre-tax loss of £74.4m for the year to 31 March, 2024, down from the loss of [...]
Cush Jumbo: On playing Hamlet and choosing which cake to eat October 3, 2024 There are two types of people: those who already know about Cush Jumbo, one of the finest British actors of her generation, and those who are soon to find out. The star of wildly successful TV shows including The Good Wife, Criminal Record and Deadwater Fell, Jumbo cemented her A-List credentials when she became the [...]
Total Fitness is turning its back on the South after recovering from the brink of collapse August 10, 2024 Gym chain Total Fitness is already a well-established name in the North of England with 15 “superclubs” peppered across the region. But despite her ambitious goal of quadrupling the Cheshire-based company’s portfolio in the next five years, CEO Sophie Lawler has zero interest in expanding into the South. It’s a bold move as, according to [...]
Pure Gym, Gym Group, Nuffield: Who owns Britain’s biggest gym chains? June 24, 2024 Following a forced shutdown during the pandemic, Brits have been heading back to the gym in droves helping many of the countries biggest chain to achieve bumper results over the past couple of years.
Asda takeover: Meet the British supermarket giant’s new private equity owner June 10, 2024 Meet the new private equity owner of supermarket giant Asda after one half of the billionaire Issa brothers sold it his shares.