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Viagogo's StubHub deal faces competition probe

The regulator is considering whether the takeover will lead to "a substantial lessening of competition".

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Viagogo's StubHub deal faces competition probe

The regulator is considering whether the takeover will lead to "a substantial lessening of competition".

Related content

Timetable set for Woodford fund repayments

Stricken investors in Neil Woodford's former flagship fund will receive their first payments on 20 January.

Qantas picks Airbus for world's longest flights

The move marks a fresh blow to rival Boeing as it deals with the fallout from its grounded 737 Max jets.

Jamie Oliver's Fifteen Cornwall restaurant closes

The restaurant had trained more than 200 apprentices since it opened in Newquay, in 2006.

Superdry boss 'pleased with progress' despite loss

The fashion chain's founder Julian Dunkerton says it will take two to three years to revive the brand.

Chemists demand clarity on cannabis-related goods

Non-medicinal CBD is now on sale in High Street shops across the country, including chemists.

Supercuts strikes rescue deal saving 1,000 jobs

The owner of the Supercuts and Regis hairdressing chains has been saved from administration.

Featured Contents

Viagogo's StubHub deal faces competition probe

The regulator is considering whether the takeover will lead to "a substantial lessening of competition".

Related content

Related content

Timetable set for Woodford fund repayments

Stricken investors in Neil Woodford's former flagship fund will receive their first payments on 20 January.

Qantas picks Airbus for world's longest flights

The move marks a fresh blow to rival Boeing as it deals with the fallout from its grounded 737 Max jets.

Jamie Oliver's Fifteen Cornwall restaurant closes

The restaurant had trained more than 200 apprentices since it opened in Newquay, in 2006.

Superdry boss 'pleased with progress' despite loss

The fashion chain's founder Julian Dunkerton says it will take two to three years to revive the brand.

Chemists demand clarity on cannabis-related goods

Non-medicinal CBD is now on sale in High Street shops across the country, including chemists.

Supercuts strikes rescue deal saving 1,000 jobs

The owner of the Supercuts and Regis hairdressing chains has been saved from administration.

Timetable set for Woodford fund repayments

Stricken investors in Neil Woodford's former flagship fund will receive their first payments on 20 January.

Qantas picks Airbus for world's longest flights

The move marks a fresh blow to rival Boeing as it deals with the fallout from its grounded 737 Max jets.

Jamie Oliver's Fifteen Cornwall restaurant closes

The restaurant had trained more than 200 apprentices since it opened in Newquay, in 2006.

Superdry boss 'pleased with progress' despite loss

Chemists demand clarity on cannabis-related goods

Supercuts strikes rescue deal saving 1,000 jobs

US regulator knew of Boeing 737 crash risks

China gets Nintendo Switch but lacks games

Two firms show interest in Tata steel plant

Stagecoach founders to step down

Amazon told to answer Deliveroo deal concerns

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Latest Updates

Posted at 16:14

Workspace sticks with non-executive

WORKSPACE

Office space company Workspace has provided a six-month update after the result of its annual general meeting in July where 20.38% of votes were cast against the re-election of non-executive director Stephen Hubbard.

"The company has since constructively engaged with shareholders to understand the reasons behind this result. The board understands that votes against Mr Hubbard's re-election were based on his additional board roles, and in particular his role as executive chairman of CBRE UK.

It says it was told in November that Mr Hubbard would be retiring from that position on 31 December 2019.

"The board continues to believe that Mr Hubbard is a valuable and effective non-executive director and is satisfied that he is able to devote sufficient time to his role at the company in order to effectively discharge his responsibilities."

Posted at 10:33

Bowling bonanza

HOLLYWOODBOWL

Hollywood Bowl - which describes itself as the UK's market leading ten-pin bowling operator - has reported a 15% rise in pre-tax profits to £27.6m for the 12 months to 30 September 2019.

The total dividend payment is up 12% at 11.93p per share.

The business floated on the stock market in 2016 and since then it says it has returned £47.7m of cash to shareholders - 19.9% of its stock market valuation at the time of the share listing.

Stephen Burns, chief executive, said: "I am delighted to report another year of strong profitable and cash generative growth, demonstrating the consistent delivery of our proven, customer-led strategy."

Its shares are up 7% at 252p.

Posted at 9:40

'Wall of money'

Reuters

The chief executive of Legal & General, Nigel Wilson, has said there is a "wall of money" wanting to invest in the UK, dismissing claims that uncertainty over future trade deals after Brexit would deter investors from putting their money into the country.

"We've had three and a half years to prepare for Brexit," he told the BBC, adding: "It's a pretty poor show if we haven't prepared."

He said demand in the UK had held up but warned the country had lacked investment for more than 30 years.

Posted at 11:23 12 Dec

Nestlé selling Häagen-Dazs ice cream brand

Getty Images

Nestlé is to sell its US ice cream business, including Häagen-Dazs, for $4bn (£3bn).

The all-cash deal will see the brands moving to Froneri, a joint venture the Swiss group set up in 2016.

It's the latest move by chief executive Mark Schneider as he shakes up the world’s biggest processed food maker in the face of changing consumer tastes.

Earlier this year, the company sold its skin care unit and is looking for a buyer for its meat-based products business.

Posted at 9:18 12 Dec

Dixons Carphone 'profits fail to spark'

Getty Images

The latest quarter has been "tough" for Dixons Carphone, "with mobile seeing double-digit declines and profits hit by the cost of their turnaround plans", says Richard Lim, the chief executive of Retail Economics.

"More modest declines across the rest of the business reflecting challenging market conditions and soft consumer confidence.

"Indeed, the appetite for electricals is strongly linked to confidence and consumers remain concerned about Brexit, lack of savings and levels of debt," Mr Lim says.

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