Supermarket sweep: Sainsbury’s and Tesco singled out as next takeover targets – CityAM : CityAM October 4, 2021 Sainsbury’s and Tesco have been singled out as the next targets for buyout firms after the Morrisons deal. US investment company Fortress – which was beaten to the Morrisons takeover by private equity Clayton, Dubilier & Rice (CD&R) at auction – has indicated it is interested in other UK acquisitions. Joshua Pack, financier at Fortress, [...]
Hostelworld: Revenue recovers as travel restrictions scrapped as online agent posts €17.3m loss March 31, 2022 Hostelworld has marked a “challenging year” as the online travel agent has slowly seen bookings rebound with the easing of travel rules. Hostelworld marked a net revenue of €16.9m for the year to 31 December, an increase of 10 per cent year on year. The Dublin-based company said its full year net bookings totalled 1.5m, [...]
Babcock to sell emergency aviation division as part of disposal programme March 29, 2022 UK Government contractor Babcock is reportedly in talks to sell its emergency aviation services as part of its disposal programme. The group is expected to sell the division to infrastructure investment manager Ancala Partners for around £100m, Sky News broke the news today. The UK Air Ambulance fleet is part of Babcock’s division but it [...]
US law firms return to the office blocked by Omicron variant January 31, 2022 Law firms’ plans to return to offices have been scuppered by the spread of the omicron variant in the US. Several US law firms have postponed plans to return to offices until February, having originally planned for a January return. The delays come as the highly-infectious omicron variant continues to spread through the US, despite [...]
Deliveroo keeps going strong in quarter results October 20, 2021 Deliveroo has registered a 58 per cent increase in gross transaction value in the third quarter of 2021, while the growth in active consumers and orders has continued to improve, going up 56 and 64 per cent respectively. “We have continued to make good progress executing against our strategy, resulting in strong performance in the [...]
Deliveroo keeps going strong in quarter results – CityAM : CityAM October 20, 2021 Deliveroo has registered a 58 per cent increase in gross transaction value in the third quarter of 2021, while the growth in active consumers and orders has continued to improve, going up 56 and 64 per cent respectively. “We have continued to make good progress executing against our strategy, resulting in strong performance in the [...]
Revenue climbs for Supreme despite slowdown of lighting vapes July 5, 2022 Vaping giant Supreme posts revenue growth of seven per cent to £130.8m in its full year results thanks to fresh acquisitions and customer momentum for 88vape.
You can say Hello to the winners’ enclosure after Oak Tree Stakes July 26, 2022 THERE is an intriguing clash of the generations when the three-year-old fillies meet their elders in the Whispering Angel Oak Tree Stakes (2.25pm). The three-year-old Heredia has to bounce back from her disappointing show at Sandown, while her elder Soft Whisper has to navigate her way from a horror draw in stall 16. I’m keen [...]
Cost of pasta bake, fish finger supper and spag bol up 27 per cent, Which finds June 16, 2023 The cost of popular family meals such as pasta bake, fish fingers, chips and beans, plus home-made spaghetti bolognese has increased by up to 27 per cent over the last year, figures show. Which found the prices of pasta sauce, penne pasta and cheddar cheese to make a quick pasta bake for four people have [...]
Amazon launches own-brand groceries on its UK website August 16, 2021 Amazon has added own-brand groceries to its UK website as it amps up competition with Britain’s supermarkets. Never one to miss out on a lucrative business opportunity, the company capitalised on lockdown restrictions during the Covid-19 pandemic by expanding its online groceries service. Amazon Fresh expanded its next-day delivery service to customers across the UK [...]