Retail industry warns of increased abuse against workers over mask rules July 8, 2021 Retail industry warns of increased abuse against workers over mask rules
Sainsbury’s investors revolt over executive pay amid £261m loss July 9, 2021 Almost a fifth of Sainsbury’s shareholders rejected the supermarket’s renumeration report on Friday in the latest investor revolt against executive pay. It comes a month after it was revealed that CEO Simon Roberts took home a £583,000 bonus in his first nine months at the helm of the British supermarket, despite the company posting a [...]
Ex-John Lewis MD to lead Sainsbury’s £7.8bn clothing and homewares unit May 6, 2021 Former John Lewis managing director Paula Nickolds has joined Sainsbury’s to lead the supermarket’s general merchandise and clothing business. Nickolds left John Lewis in January last year, after 25 years with the firm, as the department store chain issued a profit warning. She had been set to become executive director of brand and marketing as [...]
The City View: Sainsbury’s to cut prices, and the importance of UK private equity May 30, 2022 Today Andy Silvester talks to Michael Moore, Director General at BVCA. They discuss the scale of private equity and venture capital in the UK, their importance in the UK’s employment market, and how vital they are for companies looking to scale up. And in the headlines: Sainsbury’s CEO Simon Roberts has said that the supermarket [...]
Business rates relief snub costs Sainsbury’s £400m as profit slumps despite lockdown sales boost April 28, 2021 The last year saw most Brits spend up large at the supermarket, but despite a sales boom Sainsbury’s first quarter profit has slumped because it chose to say no to business rates relief. Sainsbury’s, the UK’s second largest grocer after Tesco , said it made an underlying pretax profit of £356m in the year to [...]
Revealed: The City of London’s top dealmakers of 2023 February 14, 2024 2023 was not a vintage year for dealmaking in the City but there was still plenty of scope for dealmakers to ply their trade.
Hipgnosis Songs Fund pays directors extra £250,000 for work on deal June 17, 2024 If the sale goes through, all fiver directors are expected to step down from the fund.
Ryder Cup captain Donald says no pairing “set in stone” just yet September 26, 2023 Team Europe captain Luke Donald has said “nothing is set in stone” but that he has a good idea over Ryder Cup pairings ahead of Friday’s tee-off. The first two days of the competition against Team USA sees a series of foursomes and four-ball golf before singles dominate the Sunday session. Europe are looking to [...]
Sainsbury’s to enforce masks and shopping alone in Covid crackdown January 11, 2021 Sainsbury’s has become the second British supermarket to ban customers who refuse to wear a face mask amid a crackdown on Covid rulebreakers. The chain said shoppers will be prevented from entering without a face mask, while shopping in groups will also be banned. Sainsbury’s will put trained security guards at the front of stores [...]
Talent agency that looks after Simon Cowell, Graham Norton and Claudia Winkleman sold for £60m March 19, 2024 The London talent agency that represents the likes of Simon Cowell, Graham Norton and Claudia Winkleman has been sold for £60m.