Investors urge UK firms to increase efforts on tackling slavery in supply chains August 29, 2023 Investors are calling on UK-listed companies to increase efforts to tackle modern slavery, human trafficking and forced labour in their supply chains.
Nigel Wray: Youthful enterprise will power British economy May 15, 2022 ONE OF the City’s leading entrepreneurs and investors reckons Britain will ride out economic headwinds thanks to a burst in enterprise amongst the younger generation. Nigel Wray, associated with high profile names like Domino’s Pizza and Simba Sleep and well known in rugby circles for his leadership of Saracens, told City A.M. today that he [...]
Swiss miss: Domino’s bids farewell to Switzerland with final European franchise sale August 9, 2021 Domino’s Pizza Group has sold its last remaining franchises in Europe amid a withdrawal from the Continent to focus on its core UK and Irish markets. The pizza maker said its Swiss business had fetched 300,000 Swiss francs (£300,000) and the deal is expected to be completed this month. It ends a year-long process of [...]
Domino’s Pizza UK to quit international markets October 17, 2019 Domino’s UK has announced that it will close its international operations, where the pizza delivery firm said performance had been “disappointing”. Read more: Why Domino’s sell off was overcooked Chief executive David Wild said said the decision to shutter its operations in Switzerland, Iceland, Norway and Sweden came after it decided “we are not the [...]
FTSE 100 live: London takes fright as Powell testimony scares off blue chip investors March 9, 2023 London’s main index took another step back on Thursday as a second day of testimony in front of Washington lawmakers by Federal Reserve chair Jerome Powell largely stuck to the hawkish tone of the previous day. The FTSE 100 was last at 7,868.64, down 61.28 points or 0.77 per cent while the FTSE 250 which includes [...]
Hiring spree: Domino’s to create 8,000 new jobs as sales soar October 14, 2021 Domino’s is expanding its team in time for Christmas and has announced 8,000 new driver roles on the back of strong third quarter trading results. In a statement, Domino’s revealed that system sales had swelled to £375.8m in Q3 up 9.9 per cent like-for-like and taking the delivery company’s total earnings this year to date [...]
Cineworld, Hammerson and Boohoo: The top 10 most shorted UK stocks and fund managers with the most positions January 29, 2022 Cineworld Group, the world’s second-largest cinema chain, is currently the most shorted UK listed company, according to new research shared exclusively with City A.M. this morning. Some 8.8 per cent of its stock was held short by six investment firms, with New Holland Capital the largest short position with 2.42 per cent of the company’s [...]
Pizza and a pint: Fuller, Smith & Turner poaches Domino’s CFO June 11, 2021 Hotel and pub group Fuller, Smith & Turner has poached Domino’s Pizza’s chief financial officer who will join the company towards the end of the year. Joining the pub group as finance director, Neil Smith will also be placed onto the group’s board. Shares in Domino’s sank following the announcement, falling by 1.85 per cent [...]
Domino’s exits Swedish market to focus on core UK and Ireland business March 8, 2021 Domino’s has disposed of its Swedish business as it progresses with its strategy to exit international markets in order to focus on its core UK and Ireland operations. The pizza chain announced this morning it has sold its entire shareholding in PPS Foods – also known as Domino’s Sweden, to minority shareholder Eyja fjárfestingafélag. Domino’s [...]
Revealed: The most-shorted UK stocks in the current volatile Covid-19 era July 13, 2021 New data from the London Stock Exchange and crunched by ETP provider GraniteShares shows the most-shorted UK stocks include some of the supposed "winners of lockdown": supermarkets and food delivery companies.