HMV rescuer weighs up bid for The Body Shop amid continued uncertainty March 10, 2024 The man who saved HMV is considering a bid to buy The Body Shop out of administration as uncertainty around the firm's administration continues.
Why it may not be all doom and gloom for John Lewis March 10, 2024 Employee-owned John Lewis Partnership has faced a series of dilemmas over the past few years, but analysts are “cautiously optimistic” a refresh of its top table will help aid its balance sheet ahead of its results next week.
How a little-known vaping group went from nothing to sales of $1bn in just two years March 9, 2024 How has a vaping group reached $1bn in sales in only its second year?
Competition watchdog could block Tate and Lyle sugar deal amid fears it could lead to higher prices March 8, 2024 The competition watchdog has said it might block a tie between two major sugar companies if they cannot prove the deal won't lead to higher prices for shoppers.
Currys gets green light for £159m sale of Greek business amid takeover saga March 8, 2024 Electrical retailer Currys has finalised a deal to sell its entire Greek business arm to Greek power generation and supply giant Public Power Corporation (PPC) for £159m.
Mike Ashley’s Frasers puts Matches Fashion into administration following bargain deal March 8, 2024 Mike Ashely’s Frasers Group is putting Matches Fashion, the luxury online fashion retailer, into administration less than three months after buying it in a cut price deal worth £52m.
Marks and Spencer confirms first female boss Katie Bickerstaffe is to step down March 7, 2024 The first female boss of Marks and Spencer is to step down. Katie Bickerstaffe joined the high street darling just over two years ago, and has helped lead a massive turn around of the business.
Coats Group blames ‘widespread destocking’ for flat earnings but benefits from pension scheme changes March 7, 2024 Threads business Coats Group posted a flat set of earnings for the full year, against a backdrop of a “widespread industry destocking”.
Spring Budget 2024: Business leaders livid ‘overwhelming’ case for one tax cut didn’t land March 6, 2024 Bosses, including the chief of Marks and Spencer and the head of British Airways, have reacted with fury this afternoon, following the Chancellor’s snub of the tourist tax.
Spring Budget 2024: Hunt confirms vaping tax and one-off tobacco duty hike to fund NI cut March 6, 2024 Jeremy Hunt has confirmed the UK government will introduce a tax on vaping and e-cigarettes in a bid to raise the funds necessary for a two pence cut to National Insurance.