Pubs boss: ‘We cannot allow the government to destroy family companies’ December 8, 2024 The boss of a seventh-generation pub and brewing giant has argued that “we cannot allow the government to destroy family companies” as they are the “bedrock of the UK economy”. In a post on LinkedIn William Lees-Jones, who owns and runs Manchester-based JW Lees, which has produced real ale since 1828, reiterated his opposition to the changes [...]
Mike Ashley pledges ‘fresh ideas’ in bid for Boohoo board seat December 8, 2024 Frasers Group chief Mike Ashley has renewed his criticism of Boohoo’s management as he continues his bid for a seat on the struggling fashion retailer’s board. In an open letter, Ashley vowed to turn around the London-listed company, arguing that it was underperforming with “no clear strategy to halt the decline”. “As a board member, [...]
‘One or two errors’: Ratcliffe comments shed light on Ashworth departure December 8, 2024 Manchester United are searching for a new sporting director after splitting from Dan Ashworth, the man who was supposed to be a key architect of the team’s revival. United waited for almost half a year to prise Ashworth from his contract at Newcastle United but have dispensed with him midway through his first full season. [...]
Giavellotto scoops the jackpot in Hong Kong December 8, 2024 BRITAIN were celebrating their first win at the Hong Kong International Races in 12 years when Giavellotto stormed clear to land the LONGINES Hong Kong Vase. Trained by Marco Botti in Newmarket and ridden by Oisin Murphy, it was a first Group One success for the son of Mastercraftsman – and a first victory at [...]
AI investor FOMO: Has AI supply outstripped demand? December 8, 2024 Investors are pouring billions into AI, but has supply now outstripped demand? Mike Smeed looks at how AI funding has become misbalanced.
The £277bn golden ticket: Why private equity is so interested in professional services December 8, 2024 Private equity interest in the professional services has skyrocketed especially for those with accountancy arms, with major deals being announced nearly every week
Currys could reveal Black Friday boost or Budget hit in interim results December 7, 2024 Electronics retailer Currys will reveal how much impact the recent Budget is likely to have on its sales next week. Investors will hope the chain has carried on a recent financial recovery into the autumn when it announces its interim results on 12 December. The company is expected to post a profit of £137m for [...]
Shoppers urged to support small businesses as confidence wobbles December 7, 2024 The public is being urged to show support for small businesses as part of an annual event on Saturday, following signs that tax hikes have dented confidence across the sector. Organisers say Small Business Saturday could provide a “lifeline” for smaller companies in the important run-up to Christmas The campaign group said the public is [...]
Keir Starmer: £500m Hitachi deal will relieve anxiety of rail workers December 7, 2024 Keir Starmer has said a deal struck by Hitachi which has given a lifeline to hundreds of jobs at a Co Durham train factory will relieve the anxiety of workers.
A new Era for London transport? December 7, 2024 Taylor Swift’s Eras Tour was emblematic of the rise of ‘mega-events’ in the capital that are acting as a catalyst for London’s transport infrastructure to upgrade how it manages surges of visitors and passengers on its network, says Jim Webber When Taylor Swift played her record-breaking run of shows in the UK earlier this year, [...]