Morrisons Sales Growth Slows Amid Competition
Morrisons reports a slowdown in quarterly sales growth to 1.7%, citing a highly competitive market, but remains optimistic with cost savings and new store openings.
Category : Acquisitions
Amorim Could Hand Mount Career Lifeline at AC Milan
Ruben Amorim, now AC Milan boss, may offer Mason Mount a way out of Manchester United, where the midfielder struggles for game time under Michael Carrick.
Pizza Hut Sold in £2 Billion Deal Amid Financial Woes
Pizza Hut is being sold for over £2 billion to two private equity firms following a period of financial difficulty, including numerous UK closures and job losses.
Ex-BBC Chairman Michael Grade Details Reform Plan
Former BBC Chairman Michael Grade outlines a 10-point reform plan for the broadcaster, emphasizing the need to admit mistakes and reduce the licence fee.
UK Bank Holidays 2026: Remaining Dates Confirmed
The UK Government has confirmed the remaining bank holidays for 2026, including a substitute day for Boxing Day. Check the full list here.
Primark Launches Retro Prince Collection from £7
Primark unveils a retro tennis-inspired collaboration with Prince, featuring 27 pieces from £7, fronted by British tennis pro Eden Silva.
BBC Axes 550 News, TV, and Radio Jobs in Savings Plan
BBC director-general Matt Brittin announces 550 job cuts from news and TV/radio roles as part of plans to save £500 million over two years, with 2,000 total positions affected.
Poundstretcher Avoids Administration After Restructuring Plan Approval
Poundstretcher, with over 300 UK stores, narrowly avoided administration after the High Court approved its restructuring plan, securing rent reductions and no store closures.
UK House Prices Surge 3.8% in April, North East Up 9.9%
UK house prices rose sharply by 3.8% annually in April to £270,000, driven by stamp duty changes. The North East saw a 9.9% rise, while London prices fell 2.1%.
JLR Eyes US Luxury Market for Growth and Cost Savings
Jaguar Land Rover focuses on North America to drive growth, targeting luxury buyers with hybrid models and cost cuts of £1.7 billion after a cyber attack.
How Brexit Reshaped London's Housing Market Over 10 Years
Explore the decade-long impact of Brexit on London's property market, from price stagnation to shifting demand and the role of subsequent crises.
Shoppers Warned Food Inflation May Rise Despite May Drop
Food inflation fell to 2.2% in May, but the Food and Drink Federation warns of future rises due to Middle East war effects, with energy and fertiliser costs increasing.
AO World Boss Blames Labour Job Tax for Offshore Move
AO World CEO John Roberts blames Labour's job tax hike for offshoring hundreds of roles to South Africa, saving £4 million annually, as profits hit record £50.5 million.
Four NatWest Branches Close This Week Amid Digital Shift
NatWest closes four branches this week as part of nationwide closures, with 95% of customers using digital services. Concerns remain for elderly and vulnerable customers.
BBC TV and Radio Face £80 Million Cuts in Major Shake-Up
The BBC's new director general Matt Brittin announces £80 million in programming cuts, risking beloved shows and staff jobs as part of a major restructuring effort.
Xbox Planned Ninja Theory Closure Before Senua Reveal
A new report claims Microsoft had already decided to shut down Ninja Theory before the studio revealed its new game Senua, raising concerns about widespread Xbox layoffs.
HMRC Error Could Mean Millions Overpaid Tax
An HMRC error may have caused up to 8.7 million pensioners to overpay tax by around £5 each, totaling £43.5 million. The department aims to fix the issue by summer.
Kingsmill Owner Wins Approval for £75m Hovis Merger
The CMA has approved ABF's £75m acquisition of Hovis, merging 16 bakeries and creating the UK's largest bread maker with 35% market share, citing ABF's potential exit otherwise.
Koulibaly Slams US Visa Policy Over Senegal Fan Ban
Senegal captain Kalidou Koulibaly has criticised the US visa policy that prevented many Senegalese fans from attending the World Cup, calling for equal access for African supporters.
London Councils Told to Acquire Empty Homes for Housing Crisis
London's empty homes have surged 81% since 2016. The London Assembly urges City Hall to help councils acquire and retrofit vacant properties to boost affordable housing.
Betfred World Cup Offer: 66/1 England White Kit vs Croatia
Betfred offers 66/1 on England wearing white for their World Cup opener against Croatia. New customers using promo code ENG66 can get £66 in free bets or £40 if they don't wear white.
Hays Reviews Seven More Markets After Six European Sales
Recruiter Hays has sold operations in six European countries and plans to review seven other markets globally as it restructures amid a challenging jobs market.
Arsenal's £92m Transfer Collapse: How Gunners Avoided Disaster
Arsenal nearly spent £92m on Thomas Lemar in 2017, but the deal fell through. The collapse prevented Alexis Sanchez from joining Manchester City, and in hindsight, the Gunners may have dodged a bullet.
North London Site to Become £1bn Film Quarter
Camden Council narrowly approves £1bn plan to transform a North London industrial site into a film and TV studio quarter, including homes and education spaces.
AO World Offshores Customer Roles Amid Wage Costs
AO World reveals it will offshore most customer contact roles by March to cut costs amid rising wages, with profits trebling despite falling sales.
Pub bookings up 293% for England's World Cup kick-off
Pub bookings for England's World Cup opener against Croatia surge nearly 300%, with hospitality set for a 42% sales boost across the group stage, according to Zonal and UKHospitality.
AO World Offshores Customer Roles Amid Rising Wage Costs
AO World will offshore most customer contact operations by March to cut costs, saving £2 million annually. Despite falling sales, profits trebled to £50.5 million.
Three Palace Players to Flourish Under New Manager Sage
Crystal Palace begin a new era under Pierre Sage. Three players—Jorgen Strand Larsen, Jaydee Canvot, and Yeremy Pino—could thrive in his system.
Liverpool Transfer News: Barcola, Salah, Quansah
Liverpool's new manager Andoni Iraola faces key transfer decisions, including replacing Mohamed Salah and strengthening midfield, with updates on Yan Diomande and Jarell Quansah.
UK Inflation Steady at 2.8% in May, Below Forecasts
UK inflation unexpectedly held at 2.8% in May, defying economist predictions of a rise to 3%, as lower food prices offset higher airfares and transport costs.
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