Card Factory benefits from pandemic recovery as consumers return to high street September 27, 2022 Greetings and gift specialists Card Factory had bumper revenue and profits in the first half of the year, as it looks to weather choppy economic waters ahead. Card Factory made £198m in the first six months of the year, up almost 70 per cent on the same period last year, while its earnings before tex [...]
Domino’s appoints former Burger King executive as interim chief September 27, 2022 Domino’s has announced today that Elias Diaz Sese will take over as interim chief of the firm in October as it hunts for a permanent replacement for outgoing boss Dominic Paul.
JD Sports will not appeal £1.5m fine from CMA for price fixing Rangers FC shirts September 27, 2022 JD Sports Fashion (JD Sports) has confirmed the company will not be appealing the fine it has been hit with for fixing prices of Rangers shirts.
AJ Bell chair resigns after founder Bell is denied board seat September 27, 2022 The City watchdog has given the green light for Michael Summersgill to take over as chief of retail investment giant AJ Bell today, as founder Andy Bell prepares to step down at the end of this month after 27 years at the helm.
Deal agreed for the purchase of Biffa for £1.3bn September 27, 2022 An agreement has been reached for the purchase of waste management firm Biffa by Bears Bidco, run by ECP, for £1.3bn. Bidco, a new firm controlled by funds operated by Energy Capital Partners’, will make the purchase subject in the fourth quarter of 2022. The acquisition was announced by the two companies’ board of directors [...]
Close Brothers profits tumble 18 per cent amid trading slowdown September 27, 2022 Merchant banking group Close Brothers saw profits shrink by 18 per cent in the year to July as its Winterflood business was hammered by volatile markets and a slowdown in trading activity.
Yu Group navigates choppy waters to boost supplier business September 27, 2022 Yu Group has eased its way through the volatility energy market and vastly ramped up the scale of its business.
Is running the new golf? Why TCS has become title sponsor of the London Marathon September 27, 2022 For four decades the London Marathon has had a consumer-facing brand as its title sponsor, from Gillette and Mars in the 1980s to the more recent Flora and Virgin Money. But that will change on Sunday, the first race of its rebranding as the TCS London Marathon as part of a six-year contract with the [...]
North Sea body backs easing climate rules for oil and gas amid green fury September 27, 2022 Offshore Energies UK has supported the scrapping of scope three emissions requirements for new oil and gas exploration.
China in grip of debunked coup rumours as Xi Jinping house arrest reports grow with all eyes on General Li Qiaoming September 27, 2022 Social media across China and the rest of Asia continues to be in overdrive today as persistent rumours that president Xi Jinping has been removed in a coup refuse to die down. Local and regional media speculate China’s long-standing leader was removed when he was away in Samarkand while attending the recent SCO summit, on [...]