Castore: Andy Murray-backed sportswear brand makes first acquisition since near £1bn valuation May 7, 2024 Castore, the sportswear brand backed by the likes of Andy Murray and the billionaire co-owners of Asda, has made its first acquisition since it was valued at almost £1bn.
Wayve: Nvidia and Microsoft back British self-driving startup in boost for UK’s AI goals May 7, 2024 Wayve has conducted trials on UK public roads since 2018 and has already partnered with delivery fleets from Asda and Ocado.
Asda kicks debt worries into the next decade after £3.2bn deal May 3, 2024 Asda has pushed its debt worries into the next decade after it refinanced more than £3.2bn of its debt, it has been announced.
Co-op boss Shirine Khoury-Haq quits Persimmon board role to focus on day job April 30, 2024 The chief executive of The Co-operative Group has quit her role at house builder Persimmon.
Billionaires, showrooms and mega-deals: Inside London’s private jet scene April 30, 2024 From glitzy Mayfair showrooms to the City's secretive airports - Guy Taylor takes a closer look inside London's private jet scene
Asda boasts earnings and cash flow growth as low prices and loyalty apps win over consumers April 22, 2024 The firm pointed to the success of its loyalty app scheme, lower opening price points and the Just Essentials range.
Asda tycoons’ private jets flew to the Caribbean 50 times, data reveals April 22, 2024 The private jets of Asda's billionaire owners, the Issa brothers, flew between London and the Caribbean more than 50 times over a two-and-a-half-year period, City A.M. can reveal.
Asda bosses warned payroll switch could cause problems, report claims April 21, 2024 Asda’s bosses ploughed ahead with a transition onto a new payroll even though they were warned that doing so could risk thousands of workers being paid incorrectly, a report has claimed.
Asda: Billionaire Zuber Issa close to selling £500m stake in supermarket giant to TDR Capital April 19, 2024 Billionaire Zuber Issa is close to completing talks to sell his £500m stake in Asda to its private equity backer, TDR Capital, according to reports.
Over 400 Stonegate pubs in London risk closure, GMB claims April 19, 2024 Almost 450 pubs in London face closure after one of the UK’s biggest hospitality groups Stonegate warned on its profitability, the GMB Union has said.