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
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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
Read 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
Read 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
Read More »Dr Martens profit warning sparks plunge in share value as rising costs ravage shoe giant
Dr Martens’ shares lost a third of their value after it warned that tough trading in the US and rising costs could slash its annual profits by two thirds. Daily Express :: City and Business Feed
Read 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 and Business Feed
Read More »Green Man Gaming champions players, studios and developers worldwide
UK digital video games company Green Man Gaming has vast library for seasoned players and first timers as it backs developers and studios with its global strategy. Daily Express :: City and Business Feed
Read 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 Express :: City and Business Feed
Read More »Poundstretcher ‘being sold to US group which owns Majestic Wines’
Discount chain Poundstretcher is reportedly being sold to US private equity group Fortress, the owner of Majestic Wine, for an undisclosed sum. Daily Express :: City and Business Feed
Read More »Tesco poised for fresh price cuts to keep below grocery inflation as profits soar
Tesco chief executive Ken Murphy has pledged to keep cutting prices to help customers cope with the squeeze on their finances and maintain its sales momentum. Daily Express :: City and Business Feed
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