Revealed: Matalan lost over £100m as lenders took control March 6, 2024 Matalan lost more than £100m in the year it was taken over by its lenders, newly-filed accounts have revealed.
Chris Smalling and ITV-backed vegan food brand smashes fundraising target March 5, 2024 A vegan food brand backed by the likes of former Manchester United footballer Chris Smalling and ITV has smashed through its crowdfunding target.
‘This clearly shows the absurdity of UK stock market valuations’: Currys urged to accept offer that values it at over £1bn March 5, 2024 Currys should accept a takeover offer that would value the company at more than £1bn, according to one of its shareholders.
‘I have no doubts it’ll take many by surprise’: Nando’s hires motor finance veteran as UK chief March 5, 2024 Nando's has hired a veteran of the motor finance industry as its new UK&I chief executive.
Travis Perkins: Profits slashed by £175m as housing downturn cuts revenue March 5, 2024 A downturn in the house building market let to profits at Travis Perkins being slashed by £175m during its latest financial year.
New Footasylum CEO named as former boss takes role with The Body Shop owner March 4, 2024 The CEO and executive chairman of Footasylum is to step down and take on a role with Aurelius, the German private equity firm that owns the brand and The Body Shop.
AU Vodka: Meet the Charlie Sloth-backed brand led by ballboy kicked by Eden Hazard March 4, 2024 Meet the Welsh vodka brand backed by former Radio 1 DJ Charlie Sloth which was co-founded by a ballboy infamously kicked by Eden Hazard.
Gary Neville joins Tom Brady and Serena Williams at advisory and investing giant Consello March 4, 2024 Former Manchester United and England footballer Gary Neville has been hired by global advisory and investing firm, Consello.
Spring Budget 2024: Jeremy Hunt could back £450m ‘Hollywood of the North’ March 4, 2024 Plans for a £450m film and TV studio in the North East of England could be backed by Chancellor Jeremy Hunt when he unveils his spring Budget later this week.
Matalan turns to AI in ‘retail first’ as it predicts productivity to quadruple March 4, 2024 Matalan launched a Generative AI (GenAI) tool in a "retail first" which it has said will lead to a quadrupling of productivity.