Asda: Billionaire Zuber Issa close to selling £500m stake in supermarket giant to TDR Capital Supermarkets Billionaire Zuber Issa is close to completing talks to sell his £500m stake in Asda to its private equity backer, TDR Capital, according to reports.
Watch: M&C Saatchi looks ahead to new senior team ADVERTISING M&C Saatchi has felt headwinds from the wider economy. Watch the latest.
WATCH: Tesco picks up market share despite cost of living concerns RETAIL Tesco has eaten into the market share of a host of other grocers. Watch the latest news from the supermarket giant.
Virgin Atlantic Holidays makes first profit since 2018 as luxury travel to Florida and the Caribbean recovers April 19, 2024 Virgin Atlantic Holidays returned to making a profit for the first time since 2018.
Growing comms agency picks up Texan investment as part of scaling push April 19, 2024 A US-based investor in data-led firms has made its first investment outside of its home country in London-headquartered strategic comms agency Williams Nicolson.
Diesel slips into red as challenging conditions slow growth at fashion brand’s UK arm April 19, 2024 The UK arm of fashion brand Diesel slipped into the red in 2023 as the challenging economic conditions impacted its finances.
Russia bans managing partner of City firm Fieldfisher for Kremlin sanction work April 19, 2024 The Foreign Ministry of Russia has banned several British lawyers from Fieldfisher including the firm's managing partner for their role in applying the mechanism of sanctions against the country
Thames Water won’t be drawn on secret nationalisation plan and 56 per cent bill rise claims April 19, 2024 Britain's biggest water firm, Thames Water, which has built up a mammoth £18bn debt pile, is under severe pressure to come up with fresh funding or face either collapse or being taken into public ownership.
FTSE 100 live: London in red as markets gripped by tension from Iran-Israel fued April 19, 2024 The daily London market update: Market moving news from the FTSE 100 and around the world from City A.M.
Advice from an investor — How to find the right funding options for your start-up April 19, 2024 Xavier Collins takes the pen this week, giving his two cents on how to find the right funding options for your start-up.