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News in-depthUK general election
Sunak exposed over long NHS queues in Tory seats
...The dysfunctional state of the NHS is a key issue for voters....
April 25, 2024
News in-depthEU-China relations
Europe turns on China’s Nuctech after decade of awarding security contracts
...Liza Tobin, a former China director at the US National Security Council, told a conference last year that “Nuctech poses a multi-faceted threat to our security and our resilience”....
April 25, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Transcript
Transcript: A mining industry mega-deal
...Here to talk to me about these new rules is the FT’s Laura Dubois. Hey, Laura. Laura DuboisHi....
April 26, 2024
Work Watch
John Lewis seeks to ease job interview nerves by revealing questions online
...“It’s a major shift and it’s quite exciting,” Petra Tagg, a director at recruiter Manpower UK, says. “It could be the start of a positive new trend.”...
April 24, 2024
Live news: Deutsche Bank reports biggest quarterly profits in 11 years
Sainsbury’s profits drop 15% despite rise in sales
...J Sainsbury, the UK’s second-largest supermarket chain, said it expected to deliver profit growth this year despite a drop in earnings for the year just ended as it seeks to lure more shoppers to its stores...
April 25, 2024
UK politics
Free childcare plan risks lowering standards in England, says watchdog
...The assistance will be available to families with two working parents earning at least the equivalent of a 16-hour a week minimum wage job and who both individually earn under £100,00 a year....
April 23, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Health
UK alcohol deaths surged during pandemic
...minimum price for a unit of alcohol....
April 22, 2024
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
Asda drives up sales amid cost-of-living squeeze
...Mohsin Issa, who has been running Asda but intends to relinquish daily control if a chief executive is found, said Asda was a “powerhouse built on rock-solid foundations”....
April 22, 2024
Matchesfashion.com
Prada and Burberry among Matchesfashion creditors owed £36mn
...They are unlikely to be paid back, the administrators at Teneo said in a report this week; if they are the amount would be “very low . . . less than a penny in the pound”....
April 24, 2024
Asda Group
Asda seeks to raise £2.6bn to refinance debt burden
...Asda declined to provide a figure for pre-tax profits....
April 22, 2024
JD Sports Fashion PLC
JD Sports to deepen US reach with $1bn bid for Hibbett
...Kate Calvert, an analyst with Investec, said that like the acquisition of Finish Line, the Hibbett deal “could turn out to be a well-timed acquisition at the bottom of a cycle”, adding that focus was likely...
April 23, 2024
Associated British Foods PLC
Primark owner’s profits soar as investments provide boost
...We’ve just seen a recovery to where we would always have been”....
April 23, 2024
J Sainsbury PLC
Sainsbury’s says customers ready to splurge as it targets higher profits
...The shift marks a sign of a possible recovery in branded and higher-priced goods, after customers turned to supermarkets’ own-label ranges to keep food bills down during the cost of living squeeze....
April 25, 2024
Health
England has highest rates of child alcohol consumption, WHO finds
...Alcohol abuse causes 3mn deaths a year globally, according to the WHO, and excessive consumption is a leading cause of death and physical and mental disability in young people....
April 25, 2024
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Tesco forecasts profit improvement
...The FTSE 100 company posted a 7.2 per cent increase in sales for the year to February to £61.5bn, while retail adjusted operating profit — which excluded results from Tesco Bank — rose 10.9 per cent to £2.76bn...
April 10, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
JD Sports looks to deepen US reach with $1.1bn bid for Hibbett
...British sportswear chain JD Sports is snapping up US-listed rival Hibbett in a $1.1bn deal, one of its biggest acquisitions to date....
April 23, 2024
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
Associated British Foods profits jump more than a third as Primark owner ‘returns to normality’
...Associated British Foods, which also owns foods brands Ovaltine and Ryvita, posted a 37 per cent increase in pre-tax profits to £881mn for the six months ending March 2, up from £644mn a year earlier....
April 23, 2024
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
Superdry proposes delisting and sweeping restructuring plan
...Fashion brand Superdry has warned it could go bust unless it launches a sweeping restructuring plan and delists from the stock market....
April 16, 2024
Retail sector
Home Bargains owners net £36mn dividend
...TJ Morris said it did not adopt a corporate governance code because it was family-owned “with a flat structure with commonality of ownership and leadership”....
April 9, 2024
Superdry PLC
Superdry proposes delisting and sweeping restructuring to stay afloat
...UK fashion retailer Superdry has warned it could go bust unless it launches a sweeping restructuring plan and said it would delist from the London stock market, sending its shares down by more than a quarter...
April 16, 2024
UK politics
Extra 85,000 childcare places needed in England to meet government target
...of a 16-hour minimum wage job....
April 18, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
Body Shop creditors face uncertainty over payout
...” if a CVA was successful....
April 5, 2024
News in-depthJohn Lewis Partnership PLC
The challenges facing Tesco veteran Jason Tarry at John Lewis
...Jason Tarry likes a challenge....
April 12, 2024
Q&AThe Questionnaire
Actor Laura Donnelly: ‘My fairly extreme introversion gets in the way quite a lot’
...Laura Donnelly stars in ‘The Hills of California’ by Jez Butterworth, directed by Sam Mendes, at the Harold Pinter Theatre until June 15 and in “Say Nothing” out this spring on FX. hillsofcaliforniaplay.com...
March 2, 2024
John Lewis Partnership PLC
John Lewis appoints Tesco veteran as new chair
...Rita Clifton, deputy chair of John Lewis Partnership, said the group was “in good financial health with a return to profit, and [has] a strong balance sheet with record investment planned this year”....
April 8, 2024

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