All City & finance articles – Page 229
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Analysis
Analysis: How Tesco-Booker can hit the ground running
Tesco’s £3.7bn swoop for wholesale titan Booker overcame its final hurdle today when shareholders of both businesses approved the deal.
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NewsTesco-Booker deal given green light by shareholders
Tesco’s £3.7bn takeover of wholesale titan Booker is all but complete after shareholders in both businesses voted in favour of the deal.
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NewsMaplin enters administration after rescue talks collapse
Maplin has plunged into administration just hours after last-ditch talks with potential buyer Edinburgh Woollen Mill failed.
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NewsWickes and Toolstation profits hit in 'challenging' year
Wickes and Toolstation owner Travis Perkins has suffered a fall in profitability within its retail division amid an “increasingly challenging” UK DIY market.
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NewsMaplin and EWM race to secure rescue deal
Maplin’s negotations with potential buyer Edinburgh Woollen Mill have reached a standstill despite the imminent prospect of administration.
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NewsPavers snaps up rival Jones Bootmaker in pre-pack deal
Jones Bootmaker has been sold for the second time in less than a year to rival footwear chain Pavers.
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OpinionOpinion: City ignores potential for retail reinvention
“Not all retail is equal” was the overriding message today from David Atkins, the boss of shopping centre landlord Hammerson.
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NewsAgenda: Primark, Wickes and consumer confidence
Retail Week looks ahead to the next seven days, with updates from Primark and Wickes and the GfK Consumer Confidence Index on the agenda.
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AnalysisAnalysis: Could Sir Philip pull off an Arcadia deal?
Reports that Sir Philip Green is in the process of selling Arcadia to Chinese textiles firm Shandong Ruyi have been aggressively rebutted.
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NewsHotel Chocolat shrugs off market woes as profits climb
Hotel Chocolat hailed a “successful” Christmas as it posted healthy rises in profits and sales during its first half.
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NewsBunnings losses widen as UK business reviewed
Bunnings’ UK losses widened in its first half as its Australian owner Wesfarmers considers the future of its British operations.
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OpinionOpinion: Arcadia ‘sale’ reaction sends message on deals
Arcadia billionaire Sir Philip Green was on typically pugnacious form this week as he dismissed a report that he is seeking to sell up.
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NewsFrank Field urges pension deficit deal probes
Frank Field MP has urged The Pensions Regulator to scrutinise any M&A deals involving pension deficits following the collapses of Carillion and BHS.
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NewsMaplin in talks with EWM as it races to secure sale
Maplin is understood to be in crunch talks with potential new suitors, including Edinburgh Woollen Mill, as the struggling electricals firm urgently seeks a “solvent sale”.
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OpinionOpinion: Forget P&H, McColl’s P&L deserves City focus
There were one billion reasons for McColl’s to be cheerful – but investors’ response to its full-year results will have dampened the mood at its Brentwood HQ.
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NewsN Brown names Tesco boss Matt Davies as chairman
N Brown has drafted in Tesco UK chief executive Matt Davies as chairman, succeeding Andy Higginson.
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NewsNew Look circled by ‘vulture fund’ investor
New Look has caught the eye of distressed investment specialist Alchemy Partners.
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NewsToys R Us UK on brink due to £15m tax bill
Toys R Us UK is reportedly searching for a rescue deal to prevent it from falling into administration at the end of the month.
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NewsAgenda: McColl's, Asda, Dunelm, Bunnings and Hotel Chocolat
Retail Week looks ahead to the next seven days, with updates from McColl’s, Asda, Dunelm, Bunnings and Hotel Chocolat on the agenda.
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NewsJanuary's inflation close to six-year high
Inflation was at its highest in nearly six years last month, upping the chance of another interest rate rise in the coming months.