Bidders step up to buy fashion chain Jack Wills after KPMG is drafted in to carry out business review By Neil Craven for The Mail on Sunday Published: 12:12 GMT, 14 July 2019 | Updated: 12:12 GMT, 14 July 2019 Prepped and ready: Jack Wills, which led the ‘preppy’ look in the UK, is attracting … Read more
Majestic Wine shares sour as booze seller swings to a loss amid plans to sell off its 200 UK stores Majestic Wine shares sunk by more than 8 per cent this afternoon to £2.90 The wine giant reported a £8.5m full-year loss, down from £8.3m profit last year Boss put the loss down to greater … Read more
Sainsbury’s and Asda hike prices across hundreds of products as shoppers pay the cost of failed £14bn merger By Hannah Uttley For The Daily Mail Published: 21:50 GMT, 10 June 2019 | Updated: 11:08 GMT, 11 June 2019 Sainsbury’s and Asda hiked prices across hundreds of products as their £14billion merger was blocked. The grocers … Read more
How DID they let it happen? Now regulators come under fire over crisis engulfing star fund manager Neil Woodward By Matt Oliver For The Daily Mail Published: 21:51 GMT, 7 June 2019 | Updated: 10:11 GMT, 8 June 2019 The City watchdog is under fire for failing to spot warning signs of the growing crisis … Read more
Waterstones’ boss called to the US to revive the fortunes of America’s biggest bookstore chain By City & Finance Reporter for the Daily Mail Published: 21:51 BST, 7 June 2019 | Updated: 21:51 BST, 7 June 2019 Waterstones’ British boss James Daunt will become chief executive of Barnes & Noble Waterstones’ British boss has been … Read more
FTSE CLOSE: Markets rally on hopes of US rate cut; FCA hits banks with clampdown on overdraft fees; Depressed pound edges up as Theresa May steps down The FTSE 100 closed up 1%, or 72 points, at 7,331.94 The FCA has banned banks from charging more for unarranged overdrafts The pound has edged up a little … Read more
Games Workshop shares march higher after the Warhammer creator hands out £5m in staff bonuses (again) and sales surpass £250m Games Workshop shares jumped 5% on Friday after the firm updated the market It said it has handed out more than £5million in staff bonuses this year The firm said it expects its full-year sales … Read more
Judged by the standards of most tycoons, insurance entrepreneur Sir Peter Wood, founder of Direct Line, Esure and Go Compare, is a laid-back figure. A fit septuagenarian, he likes nothing better than to spend time on the tennis court or playing golf, and loves personally to direct promotional campaigns as he constantly invents and backs … Read more
Entertainment One shares surged nearly 16 per cent higher after the maker of Peppa Pig refuted a report that the company’s president and chief content officer was in talks to quit. It followed an exclusive in the Hollywood trade title Variety that the veteran film and TV producer Mark Gordon was headed for the exit following … Read more
Rolls-Royce hands a £4.6bn chunk of its pensions scheme to Legal & General By City & Finance Reporter for the Daily Mail Published: 21:51 GMT, 6 June 2019 | Updated: 21:51 GMT, 6 June 2019 Rolls-Royce has offloaded a £4.6billion chunk of its pension scheme covering 33,000 members to Legal & General, in the biggest … Read more
New Look founder Tom Singh to retire amid major boardroom reshuffle at the fashion chain By City & Finance Reporter for the Daily Mail Published: 21:50 GMT, 6 June 2019 | Updated: 21:50 GMT, 6 June 2019 Fashion change: New Look founder Tom Singh (pictured here in 2004) has announced his retirement New Look founder … Read more
Aviva axes 1,800 jobs as it aims to cut costs ahead of the business being broken up By Matt Oliver For The Daily Mail Published: 21:50 GMT, 6 June 2019 | Updated: 21:50 GMT, 6 June 2019 Aviva’s boss has unveiled plans to axe 1,800 jobs and pave the way for a break-up of the … Read more
FTSE CLOSE: Aviva to axe 1,800 jobs; Ford to close Bridgend plant; Fiat Chrysler walks away from Renault merger Insurance giant Aviva to cut 1,800 jobs in a bid to save £300million Fiat Chrysler has shelved its ambitions to merge with Renault Sales at fashion firm Joules rose 17% to £218million in its last full … Read more