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Sainsbury's-Asda merger facing investigation

Britain’s competition regulator has confirmed it is investigating the planned merger between Sainsbury’s and Asda. The Competition and Markets Authority (CMA) said it was inviting interested parties to comment on the impact of the deal ahead of a formal “phase one” inquiry. A deal between Sainsbury’s and Asda, currently …

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City grandees to aid audit watchdog probe

Some of the City’s leading figures are being drafted in to aid a Government-commissioned probe of the audit regulator, days after a scathing parliamentary report castigated it over the collapse of Carillion, the construction group. Sky News has learnt that Sir Peter Gershon, the National Grid chairman, Anne Richards, …

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Wind of change as National Grid looks to renewables

National Grid is one of those businesses that everyone assumes is quintessentially British. Today’s full year results, though, highlight that it is increasingly a transatlantic company. Operating profits from its US operations were £1.7bn, the same as they were from the Grid’s better known – at least to UK …

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Match Options – WANTED franchisees for Bristol & Northampton

Match Options the healthcare recruitment business has two company operated locations in Bristol and Northampton that they are now interested in converting into franchise branches. You would have an opportunity to buy into the franchise with existing contracts in a ‘warm’ location. The Directors of Match Options have found …

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Oldest US gunmaker secures new lease of life

The future of the oldest gunmaker in the US has been secured after it completed a debt-cutting deal with creditors. Remington Outdoor chief executive Anthony Acitelli said it was “morning in Remington country”, signifying the new lease of life for the firm after it filed for bankruptcy protection in …

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Trophy Pet Foods have named their 2018 ‘Franchisee of the Year’

Trophy Pet Foods have named their 2018 Franchisee of the Year at their 25th National Conference this week. The franchised service which provides a mobile pet food delivery service for pet owners throughout the UK, focused on the people who make their brand a success. The event, led by Sales …

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Max stake on gambling machines cut to £2

The government plans to reduce the maximum stake on fixed-odds betting terminals to £2. Culture Secretary Matt Hancock said ministers had decided to “take a stand” despite warnings from the betting industry – which reacted to the announcement by saying 21,000 people were expected to lose their jobs as …

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