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private equity

  • Echo Falls, Kumala and Lambrini owner Accolade Wines raises prices and considers selling brands as losses widen

    April 8, 2024

    The UK arm of Accolade Wines, the company behind the likes of Hardys, Echo Falls, Kumala and Lambrini, is to continue raising its prices as it bids to return to profit.

  • Virgin Experience Days remains confident despite sales and profits slipping

    April 8, 2024

    Virgin Experience Days is "confident of a strong year ahead" despite seeing its turnover and profits slip during its latest 12 months.

  • Carried interest: Labour sticks by plans to up private equity bonus tax

    April 3, 2024

    Rachel Reeves has vowed to stick by Labour’s plans to increase tax on private equity bonuses, by upping the rate on carried interest transactions.

  • Hovis: Cost of a loaf of bread to hold steady after price hikes

    March 26, 2024

    The cost of loaf of Hovis bread is set to remain steady this year after prices were hiked in the aftermath of Russia's invasion of Ukraine.

  • Esken: Former Eddie Stobart owner to enter administration

    March 21, 2024

    Esken, the former owner of Eddie Stobart which recently agreed to sell an airport, has announced it will enter administration.

  • Can private equity push Labour to ditch its carried interest reforms?

    March 21, 2024

    Carried interest, or ‘carry’, is one of the primary ways that private equity bosses make money. But Labour is looking to change that.

  • Pet retailer Jollyes’ former owner Kester Capital sees robust demand for new fund

    March 19, 2024

    Kester Capital's latest fund has closed £50m ahead of target at £200m as the low mid-market private equity firm attracts new blue-chip institutional investors.

  • Bensons for Beds still in the red as fewer customers visit stores

    March 15, 2024

    Bensons for Beds cut its losses as sales passed £250m during its latest financial year, new detailed accounts have revealed.

  • In The Style could make return to London Stock Exchange as takeover deal revealed

    March 11, 2024

    Fast-fashion brand In The Style could be set to return to the London Stock Exchange after a possible takeover deal was revealed.

  • Apax backs down from Kin and Carta bidding war

    March 11, 2024

    In a stock exchange notice today, Apax said that its offer for a takeover of the digital transformation company formerly known as St Ives has lapsed.

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