Christmas

Today’s news in brief-16/11/23

Mars has acquired Hotel Chocolat in a £534m deal, offering a 168% premium on the share price. Mars sees cultural…

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Marks Electrical sees revenues rise to £53.9m

Marks Electrical Group has reported a 24.8% increase in revenues to £53.9m in H1 2024 compared with £43.1m in H1…

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Iceland posts £17m full-year loss amid soaring energy prices

Iceland has fallen to a loss of £17.1m in its latest full-year results following a “wholly unprecedented” rise in global…

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Today’s news in brief-15/11/23

Central Group, a Thai conglomerate and co-owner of Selfridges, has reportedly become the largest shareholder by converting a €364m loan…

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Sainsbury’s donates one million meals through Coronation Food Project

Sainsbury’s is donating one million fresh meals to support families in need this winter to mark the launch of a…

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UK supermarkets sales rise 8.7% despite cautious consumer spending

Total Till sales at UK supermarkets increased 8.7% in the last four weeks ending 4 November 2023, according to new…

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Thai investor takes control of Selfridges

Central Group, the co-owner of Selfridges, has taken control of the department store after fellow key shareholder Signa Group was…

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Asda cuts debt as Q3 sales slow

Asda has announced that it has shaved £300m off its debt pile during the third quarter of the year while…

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Joe Browns appoints new chairman

Joe Browns, the Leeds-based fashion and home retailer, has announced that Michael Truluck had joined as chairman with immediate effect.…

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Revolution Beauty raises FY23 guidance as profits rise

Revolution Beauty has raised its profit guidance for the financial year as it has revealed a pre-tax profit of £400k,…

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