Tate and Lyle reaches sale agreement of American subsidiary May 23, 2024 Tate and Lyle has reached agreement with KPS Capital Partners for the sale of its remaining stake in Primient, an American subsidiary of Tate and Lyle. The firm said after the sale of its near 50 per cent stake, net cash proceeds, after tax and transactions costs, are expected to be around $270m (£215m). The [...]
London’s West End gets welcome boost with return of foreign tourists May 23, 2024 An influx of foreign tourists over the past 12 months has delivered a boost for the West End's biggest landlord, Shaftesbury Capital, as it reveals its first financial results since its £3.5 bn takeover last year.
Pressure on as competition watchdog launches investigation into UK vet industry May 23, 2024 The competitions watchdog said it will press ahead with an investigation into the UK’s vet industry following concerns pet owners are not getting value for money.
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Empiric Student Property ‘poised for growth’ as rent income rises May 22, 2024 Empiric Student Property said it is "poised for growth" over the 2024 academic year as income from rents continues to rise.
Mitchells & Butlers: Shares rise at All Bar One owner as profit hits £164m May 22, 2024 Mitchells & Butlers said half-year profit soared as cost inflation eased, despite an "unavoidable" decline in pubs and restaurants over the last year.
Why the prospect of a Shein listing is dividing Canada May 22, 2024 Shein's plans to reportedly float on the London Stock Exchange have been seen as a welcome boost in some quarters. But the Chinese founded fast-fashion giant is posing difficult questions for the City, writes Charlie Conchie
Greggs adds a ‘classic’ fish finger sandwich to its menu – but only in 10 stores May 21, 2024 Greggs has updated its menu to feature the “classic” fish finger sandwich, but the product is only available across 10 stores in the UK.
Mike Ashley’s Frasers Group plots stake in two UK shopping centres May 21, 2024 Mike Ashley’s Frasers Group is reportedly closing in on two shopping centre deals, one of which includes a 50 per cent stake in the King’s property company as the retail behemoth looks to grow its physical estate.
The Works hoping to return to profit growth following challenging year May 21, 2024 Discount books and crafts supplier The Works is hoping to deliver more than £8m in profits next year, following a challenging 12 months in which it closed dozens of shops across the UK.
