SPORTS Direct boss Mike Ashley has offered rival Sir Philip Green a £50million lifeline for his crumbling Topshop empire. The businessman is looking at acquiring Arcadia group’s brands – just two years after insisting he wouldn’t buy Arcadia “for a pound”. 6 Topshop faces collapse in days, according to reportsCredit: Reuters 6 Mike Ashley is […]
Tag Archives: UK
IT is the world’s biggest fast food chain, with over 38,000 outlets in 119 countries around the world. We all enjoy a Big Mac or Quarter Pounder with cheese, but where did the chain start and who founded it? 5 McDonald’s serves 69 million customers worldwide every dayCredit: Getty Images – Getty Who owns McDonald’s? […]
B&Q and Screwfix owner Kingfisher is the latest company to confirm it’ll repay millions of pounds in business rates relief. The retailer today said it’ll pay back the £130million it saved from the government’s business rates holiday. 1 B&Q and Screwfix owner Kingfisher will pay back £130millionCredit: AFP or licensors It follows similar action from […]
SPORTS Direct boss Mike Ashley has confirmed his Frasers Group business is in talks to buy and rescue collapsed retailer, Debenhams. The 242-year-old department store chain is on the verge of being liquidated after rescue talks to save the business failed, putting its 124 shops and 12,000 jobs at risk. 3 Debenhams is close to […]
THE competitions watchdog has launched an investigation into the planned £6.8billion Asda takeover by Mohsin and Zuber Issa. The British billionaire petrol station tycoon brothers are co-chief executives of EG Group, a global convenience and forecourts retailer. 2 The competition watchdog has launched an investigation into the planned £6.8billion Asda takeover by Mohsin and Zuber […]
WHEN it comes to the Christmas holidays, not everyone will automatically get Christmas Day or New Year’s day off. Even though the festive period is littered with Bank Holidays, whether or not you’ll have to work is dependent on the terms of your contract. 1 Not everyone automatically gets time off work over the Christmas […]
BUSINESS owners are being urged to step up preparations for new trading rules with Europe – after almost 90 per cent told a Sun survey they didn’t know how the end of the UK transition period would affect them. As we celebrate a new year on 1 January, we will also exit the EU single […]
As managing director of a company that sells roofs, Adrian Buttress was not going to let preparing for the end of the UK transition period go over his head. “It’s not rocket science and preparations can be completed within a couple of weeks,” Adrian says. “There’s plenty of help available, like the Government website, which […]
TESCO shoppers have been urged to visit supermarkets alone. The retail giant made the plea in a bid to help cut down queues in stores and help keep customers and staff safe. 1 An email sent to customers reminded them of supermarket rulesCredit: PA:Press Association In an email to millions of Tesco Clubcard customers Jason […]
THE FTSE 100 has climbed to its highest point since before lockdown in March today – the first full trading day since the post-Brexit deal. Shares leapt by 2.58% to 6,670 this morning in its first day of trading since the agreement was reached on Christmas Eve between the UK and the EU. 1 The FTSE 100 […]