Supreme’s revenues soar to record heights as vaping products save the day November 28, 2023 Supreme rings the half-year mark with record revenues and profit growth just four months after its LostMary and ElfBar partnership.
Hilton Food Group trades in line with expectations despite tough market May 20, 2024 Food packaging company Hilton Food Group said volumes and sales are trading ahead of the same period last year, as the business continues to trade in line with board expectations.
Amazon expands Morrisons range as it beefs up grocery deliveries August 19, 2020 Amazon today said it will offer the full range of Morrisons products for delivery as the ecommerce giant ramped up its presence in the UK grocery market. The strengthened deal means Morrisons customers will be able to do their full shop through the main Amazon website. Amazon Prime customers will be offered free same-day delivery [...]
Liontrust raids GAM staff after failed takeover bid January 17, 2024 GAM head of global equity Mark Hawtin has now been hired by Liontrust itself to begin in May. The manager will also bring his investment team, with David Goodman, Kevin Kruczynski and Pieran Maru all set to join.
UK supermarket giants launch £675m cartel lawsuit against fish farmers March 6, 2024 Several UK supermarket giants have bound together to launch a competition claim against different fish farmers, accusing them of operating a cartel-like operation. Asda, Iceland, Marks and Spencer, Ocado, Morrison, International Seafoods, Aldi and the Co-Op have all brought a lawsuit to the Competition Appeal Tribunal (CAT). The claims are against fish farmers, Seashore, Cermaq, [...]
Former Autonomy boss Mike Lynch settles data claim with SFO days before trial March 5, 2024 Mike Lynch, the former boss of software firm Autonomy, has settled his lawsuit with the Serious Fraud Office (SFO), days before the parties were due in court. Lynch filed a data lawsuit against the UK’s fraud agency at the end of January, ahead of his criminal trial in the US. According to his claim form [...]
Drivers should have seen bigger fuel price cuts, says RAC October 5, 2022 Drivers should have seen a bigger cut in fuel prices at the pump after costs slumped in September. According to data published today by the RAC, the average price of a litre of petrol went down to 162.9p – the sixth biggest monthly drop since 2000. Filling up a 55-litre petrol car has gone back [...]
EG Group swoops in to save collapsing convenience chain McColl’s as thousands of jobs remain at risk May 6, 2022 McColl’s had been placed under administration of accounting and consulting firm PriceWaterhouseCoopers, after failing to get the short-term funding to stay afloat. In an announcement this afternoon, the company said: “In order to protect creditors, preserve the future of the business and to protect the interests of employees, the Board was regrettably therefore left with no [...]
Equity markets shrug off geopolitical concerns after Iranian strikes April 15, 2024 Equity and commodity markets largely shrugged off geopolitical concerns following Iran's unprecedented drone strikes on Israel over the weekend.
Owner of Majestic Wine and Punch Pubs acquires one of UK’s biggest discount retail chains April 11, 2024 Poundstretcher, one of Britain's biggest discount retail chains, has been sold to the owner of Majestic Wine and Punch Pubs.