money

One of the world’s leading private equity firms is backing a surprise bid to run the National Lottery By Daily Mail City & Finance Reporter Published: 21:54 BST, 11 April 2021 | Updated: 21:54 BST, 11 April 2021 One of the world’s leading private equity firms is backing a surprise bid to run the National … Read more

Distillery behind Kew Gardens Gin launches crowdfunding campaign to capitalise on optimism around hospitality’s reopening By Daily Mail City & Finance Reporter Published: 21:54 BST, 11 April 2021 | Updated: 21:54 BST, 11 April 2021 The distillery behind Kew Gardens Gin has today launched a crowdfunding campaign to capitalise on optimism around hospitality’s reopening.  The … Read more

Fifth of John Lewis customers not in easy driving distance of their nearest store after third of shops close By Daily Mail City & Finance Reporter Published: 21:54 BST, 11 April 2021 | Updated: 21:54 BST, 11 April 2021 A fifth of John Lewis customers are not in easy driving distance of their nearest store … Read more

Everything must go! £200m fire sale at Debenhams as chain prepares to shut last 97 stores Debenhams will kickstart a £200million fire sale of stock on Monday Its remaining 97 stores are expected to be shuttered by the end of next month  By Neil Craven and Helen Cahill For The Mail On Sunday Published: 22:32 … Read more

Owners of London nightclub Bunga Bunga in £3m court fight over Covid claim Bunga Bunga, once frequented by Prince Harry, is owned by Inception Group It paid £130,000 for comprehensive annual insurance cover for 11 bars and clubs The group filed a claim in March last year after the first lockdown By Harriet Dennys For Financial … Read more

Pubs boss Hugh Osmond plans £300m Homebase bid as DIY chain sees boom in sales during lockdown Hugh Osmond is one of a number of potential buyers interested in Homebase  A City source said the price tag is between £200million to £300million  Homebase was rescued by Hilco Capital in 2018 for a nominal £1  By … Read more

Cineworld to hold crunch vote to increase its £6bn debt pile as it prepares to reopen cinemas Cineworld shareholders to vote on plan to take on an extra £155m of debt It is seeking approval for the suspension of its borrowing limits  It said the money is for ‘further liquidity’ reasons in case of more … Read more

I’m out… Dragons’ Den star Duncan Bannatyne rejects £250m for his fitness group  Bannatyne said an unnamed US operator had made an unsolicited approach The Bannatyne Group includes his chain of fitness clubs and hotels He said he would leave the business if he accepted an offer  By Alex Lawson For The Mail On Sunday Published: … Read more

Monsoon slims down for end of lockdown as it slashes number of shops in half The chain has 66 stores – compared to 125 before the pandemic Chief executive Nick Stowe said the chain had invested heavily in technology By Neil Craven for The Mail on Sunday Published: 22:30 BST, 10 April 2021 | Updated: … Read more