David Lloyd could be put up for sale as owners eye £2bn price tag For Sale? TDR Capital is reportedly mulling a sale of its health and fitness business David Lloyd Leisure. The private equity firm is understood to have drafted in Morgan Stanley to advise on potential suitors for the business, Sky News reported. A sale will only be considered by if it draws a “sufficiently attractive valuation” for TDR, [...]
Workday to invest £550m in Britain to cement it as tech ‘superpower’ Investment US software giant Workday has announced plans to invest more than £550m in the UK over the next three years.
Pure Gym, Gym Group, Nuffield: Who owns Britain’s biggest gym chains? BUSINESS Following a forced shutdown during the pandemic, Brits have been heading back to the gym in droves helping many of the countries biggest chain to achieve bumper results over the past couple of years.
Total Fitness is turning its back on the South after recovering from the brink of collapse August 10, 2024 Gym chain Total Fitness is already a well-established name in the North of England with 15 “superclubs” peppered across the region. But despite her ambitious goal of quadrupling the Cheshire-based company’s portfolio in the next five years, CEO Sophie Lawler has zero interest in expanding into the South. It’s a bold move as, according to [...]
Asda takeover: Meet the British supermarket giant’s new private equity owner June 10, 2024 Meet the new private equity owner of supermarket giant Asda after one half of the billionaire Issa brothers sold it his shares.
Issa brothers: How to turn a petrol station into an empire for billionaires June 7, 2024 How did the Issa brothers transform a single petrol station in Greater Manchester into an empire and become billionaires in the process?
YO! food chain to partner with WH Smith as high streets reopen April 12, 2021 Asian food chain YO! is set to trial a partnership with WH Smith this month, bringing to-go food to stores as high streets begin to reopen today. The move signals the food group’s expansion into on-the-go food and away from sit-in dining, as it also has similar partnerships with Sainsbury’s, Co-op, Tesco’s and David Lloyd Leisure [...]
PureGym CEO: We should be allowed to reopen ahead of high street shops February 18, 2021 PureGym CEO: We should be allowed to reopen ahead of high street shops
City Moves: Who is switching jobs in the Square Mile this week? March 3, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. This week we have seen a flurry of new hires across the capital. From a Ritz chairman joining an intelligence firm, to a former Knight Frank executive taking on a leading residential role [...]
Queen’s Birthday Honours: the full 2021 list June 12, 2021 Below the full list of names for this year ORDER OF THE BRITISH EMPIRE Knights Grand Cross of the Order of the British Empire (GBE) The Rt. Hon. Frederick Richard Penn Curzon, The Earl Howe. For political and parliamentary service. (Amersham, Buckinghamshire) ORDER OF THE BATH Knights Commander of the Order of the Bath (KCB) [...]