Billionaire Issa brothers buy fast food chain Leon

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Blackburn billionaire brothers Mohsin Issa and Zuber Issa, who own supermarket giant Asda, have bought the fast food chain Leon. The brothers’ petrol forecourt business...

European countries account for seven of the 15 most cashless economies

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The world's most cashless economies have been revealed in a new report by the credit card experts at money.co.uk. Using a weighted ranking system, the...

Tesco sales surge ahead despite tough comparisons from first lockdown

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Tesco managed to continue growing sales in the 13 weeks to May 29 compared with a year earlier despite the same period in 2020...

Deliveroo doubles orders despite lifting of lockdown

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Takeaway logistics company Deliveroo doubled the number of orders it received through its app in the first six months of the year. The business said...

UK retail sales drop for fourth month in a row

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UK retail sales dropped in August for the fourth consecutive month as grocery sales were impacted by more people returning to restaurants and pubs,...

Low ABV alcohol startup CleanCo has spirits lifted with £7M cash injection

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British premium low-alcohol spirits startup, CleanCo, has secured £7 million in funding as investors and consumers reveal an insatiable thirst for hangover-free drinking. The...

Hygiene, pet stores, outsourcers and builders – business winners from pandemic

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The Covid-19 crisis saw some obvious business winners emerge from the pandemic as workers were forced to stay at home as high streets and...

Asos sales growth set to continue after lockdown gains

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Asos is set to continue its recent stellar spell with a surge in earnings and sales as further lockdown restrictions have kept its shoppers...

Shopper footfall dips after initial reopening rush

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Shopper footfall has dipped in the second full week of eased restrictions, according to new figures. The latest weekly footfall monitor from retail research specialists...

Dreams sold to Tempur for £340m

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The UK’s biggest beds seller Dreams has been bought by mattress maker Tempur Sealy in a deal for £340 million. The takeover ends eight years...