Mike Ashley’s Frasers Group hires former HS2 and HMRC boss June 3, 2024 Mike Ashley's retail empire Frasers Group has joined the former chair of HS2 and CEO of HMRC to its board.
The Alchemist toasts record year ahead of European expansion January 11, 2024 The Alchemist enjoyed another year of record sales ahead of opening its first European location, new documents have revealed.
Frasers reaps rewards of e-tailer takeovers as sales swell December 8, 2022 Sports Direct owner Frasers has seen profit leap up after a slew of high street and e-commerce acquisitions, backing its full-year expectations. The House of Fraser owner said it was confident in existing guidance for adjusted profit before tax of between £450m to £500m for this financial year. The retail titan posted a 53 per [...]
Purplebricks: Troubled estate agent sold to rival Strike for £1 as job cuts loom June 2, 2023 Purplebricks has been sold for £1 to online estate agency Strike after shareholders approved the offer from the only remaining bidder. It will see the troubled firm come under the ownership of its rival, backed by Carphone Warehouse founder Sir Charles Dunstone. The online agency agreed to sell its business and assets to Strike for [...]
Losses widen at Café Rouge, Bella Italia and Frankie and Benny’s owner The Big Table May 20, 2024 Losses widened at The Big Table, the owner of Café Rouge, Bella Italia and Frankie & Benny's, despite its turnover rising.
Empiric Student Property ‘poised for growth’ as rent income rises May 22, 2024 Empiric Student Property said it is "poised for growth" over the 2024 academic year as income from rents continues to rise.
Are house prices really going up? London had lowest change across UK with average in capital now £543,000 February 15, 2023 The average UK house price ended last year £26,000 higher than when 2022 started, although the annual pace of growth in property values is slowing. Property values increased by 9.8 per cent in the 12 months to December 2022, which was weaker than the 10.6 per cent annual growth recorded the previous month. London’s average [...]
London’s mega-wealthy rent luxury pads to celebs like Harry Styles to avoid selling up January 23, 2024 London’s mega wealthy are opting to let their million pound homes in Notting Hill to A-List celebrities and escaping to the countryside to avoid selling up. The end of Hollywood’s actor strike has seen a number of cinema and music’s biggest names return to the iconic west-London borough after a near nine month hiatus, estate [...]
Meet the man trying to rebuild Purplebricks from the ground up February 15, 2024 Purplebricks was sold for £1 last year - now Sam Mitchell is trying to rebuild it
Persimmon slashes number of homes built as rate rise rattles business August 10, 2023 Persimmon has cut the number of homes it’s building by more than a third as the housebuilder faces up to rapidly rising mortgage rates and a slowdown in consumer confidence. The construction company built a total of 4,249 homes in the first half of the year down from 6,652 homes compared to the same period [...]