Associated British Foods (ABF), the owner of Kingsmill, has confirmed it is exploring a potential merger between Allied Bakeries, its bread business, and Hovis, which is currently owned by the
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Recent reports have sent shockwaves through London’s financial sector, suggesting that Denise Coates, founder of Bet365 and Britain’s richest woman, is considering selling the online gambling giant. Investment bankers across
The chief executive of the London Stock Exchange, Dame Julia Hoggett, has suggested that President Trump’s recent executive order banning Diversity, Equity, and Inclusion (DEI) initiatives could provide London with
Business confidence has climbed to its highest point since before the October budget, largely driven by a delay in US reciprocal tariffs. According to the Institute of Directors’ latest economic
British athleisure brand Gymshark has reported a drop in profits for the financial year ending July 2024, as the company’s investments in new retail locations and the looming threat of
Britain’s largest venture capital trust, Octopus Titan, has reported a loss of £147.6 million for 2024, bringing its cumulative losses over the past three years to more than £600 million.
Amazon’s plans to display additional tariff charges resulting from the US trade war with China have been swiftly abandoned following pressure from the White House. Reports emerged that the retail
At the heart of Amsterdam, nestled on the picturesque Haarlemmerdijk, is ‘t Zonnetje, a tea shop steeped in history. Founded in 1642 and run by Marie-Louise Velder since 1999, this
AAB, a prominent mid-market accountancy firm, has been placed on the market with a hefty £250 million price tag. August Equity, the private equity owner of AAB, has enlisted investment
The UK’s leading sandwich maker Greencore has established a significant agreement in principle to acquire its competitor Bakkavor in a potential merger valued at £1.2 billion. This deal will merge
The co-founder of Ben & Jerry’s, Ben Cohen, is launching a bid to regain ownership of the famous ice cream brand after more than two decades under Unilever’s stewardship. Cohen,
A serious reporting mistake by Azzurro Associates has emerged, impacting over 2000 loans related to personal guarantees of small business owners. This revelation highlights significant regulatory concerns regarding business finance
The sustainable bathroom product company Wild has been acquired by Unilever in a deal that reportedly netted its co-founders nearly £100 million. While the terms of the acquisition remain undisclosed,
Tom Grogan the co-founder of Wingstop UK has ventured from humble beginnings in the West Midlands to becoming a millionaire through the successful launch of a popular fried chicken franchise.
The chief executive of InterContinental Hotels Group (IHG), Elie Maalouf, recently highlighted the company’s commitment to expanding its luxury offerings, especially in London, a city renowned for its high-end hospitality
The housebuilder Vistry has cancelled its final dividend following a significant decline in profits. The company released a series of profit warnings over the autumn and winter, revealing it had