Treasury finalising plans for Natwest share sale to accelerate privatisation May 13, 2024 The Treasury is poised to unveil a multibillion-pound sale of a chunk of its remaining stake in Natwest in the coming weeks in a bid to accelerate its privatisation process and boost retail investment in the UK.
Nadhim Zahawi hired by billionaire Barclay family to chair The Very Group May 13, 2024 Former Chancellor Nadhim Zahawi has been appointed by the billionaire Barclay family to chair The very Group.
FTSE 100 today: London markets set to hold strong in bull rally ahead of UK jobs data May 13, 2024 Asian markets started cautiously, while China's CPI rose for the third month. Investors now await US inflation data and Walmart's earnings.
Sir Paul Smith takes aim at tourist tax as foreign shoppers ditch Mayfair for Milan May 12, 2024 Fashion legend Sir Paul Smith has joined the long list of business figures frustrated by the scrapping of VAT-free shopping for international visitors.
Frasers: Mike Ashley’s high street giant that has confounded its critics May 12, 2024 Frasers Group has managed to buck a general decline in the UK retail sector, thanks largely to a string of savvy acquisitions. What does the future hold for the Mike Ashley-owned group?
Salter owner Ultimate Products forecasts lower earnings after ‘disappointing’ spring May 10, 2024 Salter owner Ultimate Products has lowered its full-year earnings forecast after a disappointing Spring hit sales.
Selfridges to make redundancies at London HQ and hits out at ‘absence of a tax-free shopping’ May 9, 2024 Luxury department store Selfridges is to make around 70 redundancies at its London head office.
Profits cut at Monsoon and Accessorize owner as demand for children’s clothes falls May 9, 2024 A drop in demand for children's clothing saw profits fall at the owner of Monsoon and Accessorize.
Watches of Switzerland bolsters luxury portfolio with £104m Roberto Coin deal May 9, 2024 Luxury watch retailer Watches of Switzerland has bought the Italian jewellery brand Roberto Coin for $130m (£104m).
3i Group ups dividend as Action’s ‘remarkable growth’ continues May 9, 2024 Private equity giant 3i Group upped its dividend as its full year results were boosted by the "remarkable growth story" of Dutch retailer Action.