Amazon faces potential investigation as Prime Day nears July 11, 2024 A watchdog has warned that it would "not hesitate" to launch a formal investigation into Amazon if concerns were raised that the US giant was not treating its suppliers fairly and lawfully.
Majestic Wine and Poundstretcher owner Fortress cuts costs July 10, 2024 The UK arm of Fortress Investment Group, whose portfolio includes the likes of Majestic Wine, Punch Pubs and Poundstretcher, saw its revenue and profit dip during 2023 as its US owner cut costs.
Moto raises prices to battle inflation as motorway service station giant’s owners mull £2bn sale July 10, 2024 Motorway service station giant Moto upped its prices to help battle the rise in costs during its latest financial year as its owners weigh up putting the company up for sale for £2bn.
Sotheby’s hands huge pay day to billionaire owner Patrick Drahi July 10, 2024 Sotheby's paid a huge dividend to its billionaire owner Patrick Drahi despite a tick down in its financial performance amid reports a minority stake could be sold to ease debt concerns.
Holland & Barrett sinks further into the red despite sales surge July 10, 2024 Increased footfall helped Holland & Barrett grow its sales past the £800m mark during its latest financial year but a rise in costs saw it sink further into the red.
Thomas Cook creditors to receive £280m five years after travel chain collapsed July 9, 2024 The creditors of Thomas Cook are to be handed £280m five years after the travel chain collapsed into liquidation.
Co-op to open new stores in deal with departing billionaire Asda Issa brother July 9, 2024 The Co-op is to open new stores in petrol stations across the country after signing a deal with one half of the billionaire Issa brothers.
Question Time maker wants to reclaim ‘world-class’ status after falling to a loss July 9, 2024 The group which makes Question Time, Amazon's UK Premier League coverage and Top Chef wants to recover its position as a "world-class television content business" after falling to a loss during its latest financial year.
Betfred enters the red despite online gambling surge July 9, 2024 A surge in online gambling helped Betfred's turnover pass £900m during its latest financial year but was not enough to stop the company entering the red.
Heather Mills makes first acquisition since rescuing her vegan brand July 8, 2024 Heather Mills has made her first acquisition since rescuing her vegan food business earlier this year.