Motel One valued at £3.5bn after Proprium sells 35 per cent stake to majority shareholder April 9, 2024 Motel One has been valued at €4.1bn after a 35 per cent stake was sold to its majority shareholder.
The Very Group hires former Fenwick boss as new chief April 9, 2024 The Very Group has appointed the former boss of department store chain Fenwick as its new chief executive.
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.