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 …
Retirement Planning
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 …
The most profitable company on the FTSE 100? Rightmove.
Rightmove has reported strong financial results for the full year 2023 after increasing customer engagement through digital offerings and growing its advertising revenue – with a stonking 71 per cent …
Babcock: British defence giant signs nuclear submarine deal worth half-a-billion pounds
British defence giant Babcock International has signed a mega-deal worth more than half-a-billion pounds to maintain UK submarines. In an update to markets this morning, the FTSE 250-listed company announced …
England rugby team could go rest of 2024 without win
Having watched how England faded in the Calcutta Cup I do fear it could be one long year for fans of the Red Rose. Steve Borthwick’s luck started this year …