EasyJet targets record summer as air travel giant slashes losses thanks to demand
Easyjet says strong demand for flights and holidays has helped it slash its first half seasonal pre-tax losses by up to £71million, putting it on track for a record summer. Daily Express :: City and Business Feed More...
Co-operative Bank goes to Coventry in £780m takeover
Coventry Building Society is to acquire Co-operative Bank for £780million, in a deal that will create a £89billion mutually-owned banking, mortgages and savings group. Daily Express :: City and Business Feed More...
Music fund Hipgnosis which owns Blondie songs sells itself to US group for £1.1billion
Troubled music investor Hipgnosis, which owns the rights to songs by Blondie, Neil Young, and others, has agreed to sell itself to US music group Concord for $ 1.4billion . Daily Express :: City and Business Feed More...
Royal Mail owner rejects Czech billionaire’s buyout bid
International Distributions Services, Royal Mail’s parent company, has rejected a takeover approach from its largest shareholder, Czech billionaire Daniel Kretinsky. Daily Express :: City and Business Feed More...
Safer gambling hits takings at Ladbrokes owner Entain
Ladbrokes and Coral owner Entain says that takings at its UK and Ireland division have fallen 7% due to Government measures aimed at making gambling safer. Daily Express :: City and Business Feed More...
Asos is coming back into fashion, says CEO after losses fall
Asos chief executive Jose Antonio Ramos Calamonte says that his turnaround plan is working, after its first half pre-tax losses fell from £272.5million to £246.8million. Daily Express :: City and Business Feed More...
Superdry launches £10m turnaround plan to see off threat of insolvency
Superdry will fall into administration unless shareholders back his three year, multi-million pound turnaround plan for the struggling fashion chain, chief executive Julian Dunkerton warns. Daily Express :: City More...
Falling confidence sends fees at recruitment group Hays tumbling
White collar recruitment giant Hays says that its third quarter fees have plunged 17% due to employers taking longer to hire both temporary and permanent staff. Daily Express :: City and Business Feed More...
UK businesses call on government for support in achieving their environmental commitments
One in four business decision makers blame a lack of support from the government for their struggle to meet their sustainability goals, according to research. Daily Express :: City and Business Feed More...
AstraZeneca issues its decision on £19million pay packet for chief executive
AstraZeneca investors have backed/rejected plans to hike chief executive Pascal Soriot’s pay package to £19million, after it tried to sway them ahead of the vote with a £247million dividend boost. Daily More...