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A bidder for Boots on the cards

Shares in the US owner of Boots pharmacy have fallen slightly in reaction to the news a buyer has finally been found for the UK high street chain. Speculation has… The post A bidder for Boots on the cards appeared first on London Business News | Londonlovesbusiness.com.

The competition watchdog confirms Morrisons can complete £7bn takeover

Morrisons have been given the green light to complete their £7bn takeover by a US private equity firm after agreeing for the new owner to sell dozens of petrol stations.… The post The competition watchdog confirms Morrisons can complete £7bn takeover appeared first on London Business News | Londonlovesbusiness.com.

Is Walmart Marketplace coming to Britain? ParcelHero says Walmart is now wooing UK sellers

Walmart, the second-largest online seller in the US (having overtaken eBay last year) could soon be launching Walmart Marketplace in the UK, says the home delivery expert ParcelHero. This would… The post Is Walmart Marketplace coming to Britain? ParcelHero says Walmart is now wooing UK sellers appeared first on London Business News | Londonlovesbusiness.com.

Mastercard spending insights show retail is growing

Measuring in-store and online sales across all forms of payments, new data from Mastercard SpendingPulse shows the UK, along with Spain and France, led year-over-year spending growth in May among… The post Mastercard spending insights show retail is growing appeared first on London Business News | Londonlovesbusiness.com.

Zara owner Inditex impresses in tough times

Despite a strong showing on Wall Street yesterday, the FTSE 100 was heading nowhere fast on Wednesday. The UK market appears to have stalled, just as many rail travellers will… The post Zara owner Inditex impresses in tough times appeared first on London Business News | Londonlovesbusiness.com.

Retail investor funding floods into sustainability firms

Retail investors are putting over seven times as much money into green and sustainable businesses today than they did five years ago, according to new data from the European marketplace… The post Retail investor funding floods into sustainability firms appeared first on London Business News | Londonlovesbusiness.com.

UK stocks continue to be bid targets in the Great British Take Off

We seem to be facing the Great British Take Off when it comes to UK companies being acquired and delisted from the stock market. Biffa looks to be the next… The post UK stocks continue to be bid targets in the Great British Take Off appeared first on London Business News | Londonlovesbusiness.com.

UK pension schemes expected to reach long-term targets in less than 4 years despite volatility

Deficits of UK pension schemes have decreased by c.£45bn over the month to 30 May 2022 against long-term funding targets, an analysis from XPS’s DB:UK funding tracker has revealed. The… The post UK pension schemes expected to reach long-term targets in less than 4 years despite volatility appeared first on London Business News | Londonlovesbusiness.com.

Unilever shares surge as Peltz gets board seat

The FTSE 100 just about kept up its run of recent gains in early trading as Russia turns off gas to the Netherlands after it refused to pay in roubles… The post Unilever shares surge as Peltz gets board seat appeared first on London Business News | Londonlovesbusiness.com.

B&M hit by rising prices

When households feel the pinch one of the obvious things they can do is trade down to cheaper options and this should play into the hands of variety discount store… The post B&M hit by rising prices appeared first on London Business News | Londonlovesbusiness.com.

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