Morrisons tackles debt pile with £2.5bn petrol forecourts sale
Morrisons has closed a £2.5bn deal to sell its 347 petrol stations to Motor Fuel Group (MFG). Both Morrisons and MFG are owned by Clayton Dubilier & Rice (CD&R), the…
Morrisons has closed a £2.5bn deal to sell its 347 petrol stations to Motor Fuel Group (MFG). Both Morrisons and MFG are owned by Clayton Dubilier & Rice (CD&R), the…
Trade kitchen company Howden’s has reported UK frevenue up 5.4 per cent year on year in the first quarter of 2024 and revenue from international depots up 4.6 per cent. However, due…
Mowgli Street Food, the restaurant chain run by celebrity chef Nisha Katona, entered the red despite posting record sales during its latest financial year. The Liverpool-headquartered eatery has reported a turnover…
Royal Mail has continued its push to ditch Saturday deliveries, piling pressure on Ofcom after unions suggested they were open to the idea last week. International Distributions Services (IDS), the…
Sadiq Khan has accused “Tory town halls” of blocking new homes from being built in London and pledged to crackdown on housebuilding if re-elected. The Labour candidate, who is campaigning…
The further you go in the Champions League knockout stages, the more it resembles a coaching reunion – such is the premium placed on experience and success in this competition,…
Wealth management group St. James’s Place has shrugged off concerns about its growth this morning as it reported a jump in funds under management and positive asset inflows. In a…
Metro Bank has reported a nearly £500m fall in lending at the start of 2024 but saw a rise in deposits as it looks to rebound from potential collapse last…
Telecom Plus has raised its dividend and said it expects pre-tax profit for the full year 2024 to be “towards the upper end of market expectations” after it hit one…
Hospitality giant Whitbread has announced 1,500 jobs cuts at its restaurant business as it looks to convert dining spaces into hotel rooms or offload them. The owner of Premier Inn…