Shopping giants shamed for lack of women on boards: Morrisons, Ocado, Just Eat and Primark among the worst offenders By Francesca Washtell For The Daily Mail Published: 21:57 BST, 23 September 2020 | Updated: 22:06 BST, 23 September 2020 Supermarket giants and retailers have been named among the worst offenders when it comes to hiring … Read more
McLaren still on track for stock market listing: Supercar maker says it needs to bounce back from the virus slump By Francesca Washtell For The Daily Mail Published: 21:57, 23 September 2020 | Updated: 22:06, 23 September 2020 Supercar maker McLaren is mulling plans to float on the stock market in 2022 if business can … Read more
MARKET REPORT: AA slams into reverse as fresh takeover talks with two private equity suitors breakdown By Francesca Washtell For The Daily Mail Published: 21:58 BST, 23 September 2020 | Updated: 21:58 BST, 23 September 2020 The AA skidded into the red after two potential suitors pulled out of the race to buy the breakdown … Read more
This pandemic has been much worse for the elderly, who have borne the overwhelming brunt of the deaths. But one sector that leans heavily on pensioner pounds is doing noticeably well this year – pharmaceuticals, and it not just because of Covid. Share prices of many British pharmaceutical firms have grown strongly despite a stock … Read more
AA shares skid off track as suitor walks away from race to become the breakdown service’s new owner after deadline to decide its future extended Private equity firm Platinum Equity has withdrawn from the race Discussions with the board of AA have been terminated by mutual agreement The news sent the stock down 17 per … Read more
Shares in Whitbread slammed into reverse as the staycation boom and Eat Out to Help Out scheme failed to stop a slump in bookings during the pandemic. Its chief executive Alison Brittain plans to lay off up to 6,000 staff from its 35,000-strong workforce as it battles to survive the crisis. Many employees will have … Read more
US private equity giant Apollo leads race to buy Asda after rival Lone Star backs out at the 11th hour By Francesca Washtell For The Daily Mail Published: 22:11 BST, 22 September 2020 | Updated: 23:21 BST, 22 September 2020 US private equity giant Apollo is in position to snap up Asda after its rival … Read more
The firm behind the Yellow Pages could be hit with legal action over claims it sold services to small businesses using ‘false claims and high-pressure sales techniques’. Yell is accused of pressurising companies and sole traders into buying services they did not need and trapping them in expensive contracts they ‘can’t escape’. Disgruntled customers have … Read more
Tui cuts winter holiday choice after summer bookings nosedive over 80% and as a second wave of Covid-19 hits Europe Tui cuts winter packages as it sees decline in booking volumes and trend shift The travel company has switched focus and on alternative low risk destinations Back in May, the company axed 8,000 jobs and … Read more
B&Q owner Kingfisher’s results were given a boost from home an improvement boom as well as its new ‘click and collect’ model as it reported 62 per cent rise in pre-tax profits today. For its half year results ending 31 July, Kingfisher has reported only a small hit from the Covid-19 pandemic while other companies … Read more