City grandee and Kingfisher chair Andrew Cosslett to step down after seven years April 15, 2024 The City grandee chairman of the owner of B&Q will not stand for re-election, it was announced on Monday, a move which follows a string of profit warnings at the firm.
Next REIT to go? Balanced Commercial Property joins long list mulling sale April 15, 2024 In a stock exchange announcement today, Balanced Commercial Property's board said it would be kicking off a strategic review to consider the future of the trust.
Furniture Village hit by ‘fragile economic backdrop’ as sales falter April 15, 2024 A fall in customers visiting both its stores and website hit sales at Furniture Village during its latest financial year.
Inchcape to sell its UK retail operations for £346m April 15, 2024 Inchcape's UK retail operation employs 3,600 people and sells vehicles from 80 sites.
FTSE 100 today: London markets brace for lower start amid Middle East geopolitical turmoil April 15, 2024 Asian stocks fell amidst Middle East tensions post Iran's attack on Israel, while gold rose as a safe haven. Oil and Bitcoin saw declines. Investors are watching UK CPI, US retail sales, and earnings from Goldman Sachs, Bank of America, Blackstone, American Express, and Netflix.
Charles Tyrwhitt: Demand for quarter-zips and gilets to lift future sales April 14, 2024 Charles Tyrwhitt expects the business to grow by 20 per cent over the next year, helped by a demand for more casual attire.
Crunch time: Cérélia forced to sell Jus-Rol after court dismisses appeal April 12, 2024 French pastry maker Cérélia has been ordered to sell frozen pastry Jus-Rol after losing an appeal against the competition watchdog. US based food company General Mills, which owns Jus-Rol, announced in November 2021 that it agreed to sell its European dough businesses to Cérélia. With an annual turnover of €800m (£682m), Cérélia brands include Croustipate, [...]
Premier Miton assets jump despite investors pulling millions from funds April 12, 2024 Asset manager Premier Miton saw investors continue to pull millions from its funds over the last six months, but managed to bring its assets under management up due to strong investment performance and an acquisition.
Poundland owner Pepco brings in Vision Express boss as new chief amid ‘challenging’ environment April 11, 2024 Pepco Group, the owner of the Poundland brand in the UK, has appointed a new chief executive.
Anatomy of a snack trolley: ‘Why is there always flapjack?’ April 11, 2024 Who decides what you eat when you fly or catch a train? Amelia Tait goes in search to the answer to the big question: 'Why always flapjack?'