Asda chief executive to step down following billion-pound buyout
Asda’s chief executive has said he will step down next year following a billion-pound buyout of the firm.
Roger Burnley said he will leave the...
BT confirms £12bn full-fibre rollout plans following Ofcom ruling
BT has confirmed plans to spend £12 billion rolling out full-fibre broadband to 20 million homes in the UK no later than the end...
Ocado sales leap 40% amid ‘dramatic and permanent’ online shopping shift
Ocado has revealed a 40% surge in retail sales amid a “dramatic and permanent” shift towards online shopping since the pandemic struck.
The group said...
SSP taps shareholders for £475m as sales remain slow in airports and stations
Upper Crust owner SSP will ask shareholders for close to half a billion pounds to tie it over until the travel market recovers from...
Pandemic sales surge boosts Just Eat chief’s pay packet by 57%
The boss of Just Eat Takeaway has seen his pay packet for the past year jump by more than half as sales rocketed during...
Mobile firms spend more than £1.3 billion in latest 5G spectrum auction
The UK’s biggest mobile operators have committed to pay more than £1.3 billion in the first stage of latest bidding for airwaves for 5G...
ATM transactions have plunged by 43% during the ‘coronavirus year’
The number of ATM transactions plunged by 43% during the “coronavirus year”, according to Link, the UK’s main cash machine network.
Link said the sharp...
ScS pledges £1.3m furlough repayment after record first half
ScS vowed to return some of the furlough money it has claimed from the Government as the sofa seller swung to a profit in...
Pandemic brings spending one kilometre closer to home
The coronavirus pandemic has typically pulled people’s spending around a kilometre closer to their homes, analysis by a bank of its customers’ behaviour has...
Apple reveals rise in UK app developer economy despite pandemic
App developers on Apple’s iOS platform saw an increase in jobs and earnings in the UK last year – despite the pandemic, according to...
