Quality Save’s sales held steady after raising its prices as it transferred a number of stores to new owner Home Bargains. The budget supermarket chain was bought by the Liverpool-headquartered …
Personal Finance
Pearson: Publisher turns page with leap in profit as it launches fresh £200m buyback
Publishing giant Pearson reported a year of profit and is trading in line with expectations, as shares rose over three per cent in early trading this morning. The FTSE 100 …
MPs in legal row today: Matt Hancock seeks to strike out Andrew Bridgen’s libel claim
The expelled former Tory MP Andrew Bridgen is set to face off the ex-health minister Matt Hancock MP at the High Court today over his libel claim. The legal battle …
What’s going on between Ocado and Marks and Spencer?
Grocery tech firm Ocado and Marks and Spencer are currently embroiled in a dispute over a final payment related to their online food joint venture. Ocado and retail giant Marks …
Asda: Issa brother to step back and hire new chief executive
Mohsin Issa, one half of the billionaire family duo which owns Asda, has confirmed he is stepping back from the day-to-day running of the business. In a shock move, Mr …
George Galloway’s Rochdale return will be loud but short
George Galloway’s return to Westminster after the seismic Rochdale by-election will no doubt be noisy and disruptive – but it will also be short, and isolated. The left-wing MP [I …
Aircraft leasing firm Avation sees profits cut in half
Singapore-headquartered commercial aircraft leasing company, Avation, reported that its half-year profits are half of what they were the previous year, in a year that saw the company sell a repossessed …
ITV sells Britbox stake to BBC for £255m to fund share buyback
ITV has offloaded its entire 50 per cent stake in the digital subscription streaming service, Britbox International, to its joint venture partner BBC Studios. The deal, valued at £255m in …
Wincanton switches horses and backs new £762m takeover bid – but will French suitor come back?
Wincanton looks set for a £762m takeover by Clipper logistics owner GXO after bosses withdrew their backing for a rival bid and waved through a new offer to shareholders today. …
Crash? What crash? House prices finally sneak into positive annual growth territory
UK house prices grew for year-on-year for he first time since last January, according to Nationwide’s latest report, as green shoots emerge in the property market. The cost of a …