Edinburgh Woollen Mill Group still owes £167m to unsecured creditors following collapse June 14, 2023 Philip Day’s Edinburgh Woollen Mill Group empire is understood to still owe money to unsecured creditors following its collapse almost three years ago. The cluster of retail assets, which included Jaeger, Peacocks, Bonmarché, and Edinburgh Woollen Mill, fell into administration in 2020 after sales declined during the pandemic. However, administrator reports for the brands now [...]
Robert Walters: Share price plunges for recruitment giant after warning of ‘significantly’ lower profits June 14, 2023 Global recruitment agency Robert Walters shares nosedived this morning when markets opened as the staffing firm warned that its profits for the year would be “significantly” lower than previously anticipated. Shares in the London-listed recruiter plunged by 15 per cent, however they have now clawed back to around 13 per cent, as the group posted [...]
Where to celebrate English Wine Week in London, from tours to tastings June 14, 2023 As a UK-based wine lover, one of the most important weeks is nearly upon us: English Wine Week. England has always been one of the most important wine markets in the world, flooded with wines from every grape growing country, but 17-25 June is the time for our own produce to shine. At the recent [...]
UK staff in EU holiday jobs plummets 70 per cent as British tourism pleads for post Brexit help June 14, 2023 The UK travel sector has called on the government to address difficulties employing British staff in EU holiday destinations, due to post-Brexit red tape and rising hiring costs. Trade association ABTA’s report found that the number of UK workers in holiday roles in the European Union has dipped by 69 per cent from 11,970 to [...]
Vodafone and Three announce long-awaited £15bn UK mega merger June 14, 2023 Vodafone and CK Hutchinson, owner of Three, have announced their long-awaited UK merger today. The new group ‘MergeCo’, now the UK’s biggest mobile operator, was revealed this morning and is valued at £15bn, according to Sky News’ Mark Kleinman. MergeCo is 51 per cent Vodafone owned and 49 per cent CK Hutchinson owned. Vodafone chief [...]
Bitcoin and Ethereum unmoved as inflation numbers come in lower than anticipated June 14, 2023 The price of Bitcoin and Ethereum continue to flatline around $25,980 (BTC) and $1,745 (ETH) as inflation figures are digested.
Miriam Margoyles Vogue interview: The 5 best bits June 14, 2023 This Morning stalwart, Harry Potter icon and general outspoken telly fave Miriam Margoyles has spoken to Vogue for Pride Month and the interview is predictably colourful, but wonderfully touching too. All sorts of stories and revelations feature in the wide-ranging interview, so we thought we’d share our favourite parts. Below are the five best moments [...]
Entain: Ladbrokes owner will raise £600m to fund takeover of Poland’s largest bookie June 14, 2023 Ladbrokes owner Entain told markets this morning that it will raise £600m via the placing of shares which will help fund its latest acquisition of a Polish betmaker and other near term deals. The betting giant said yesterday that it would takeover STS Holding S.A – Poland’s largest bookies – in a deal worth £750m. [...]
Warhammer-maker Games Workshop set for profits boost after Amazon deal June 14, 2023 Warhammer-maker Games Workshop said it is expecting to post a boost in profits for the the year today as it feels the lift of a blockbuster deal with Amzon signed in December.
Time to target NHS in energy efficiency drive, says sustainability boss June 14, 2023 The government should encourage public sector bodies such as the NHS to ramp up energy efficiency measures, argues SDCL.