Edition:
United States

Neil Maidment

Pub group M&B ditches CEO, warns on profit

Sep 22 2015

LONDON Pubs group Mitchells & Butlers on Tuesday said it had replaced its chief executive Alistair Darby with insider Phil Urban as it warned weak trading would push full-year profit to the bottom end of market forecasts.

Manchester United forecasts record profit next year

Sep 17 2015

LONDON English football club Manchester United expects profit to jump by as much as 46 percent next year thanks to a return to Champions League football and a record kit deal and will start paying regular dividends.

Manchester United forecasts record profit next year

Sep 17 2015

LONDON English soccer club Manchester United expects profit to jump by as much as 46 percent next year thanks to a return to Champions League soccer and a record kit deal and will start paying regular dividends.

Alton Towers crash to haunt Merlin into 2017

Sep 17 2015

LONDON Merlin Entertainments said it might be another two years before visitor numbers at its Alton Towers theme park recover to previous levels following a roller coaster crash in June which hit summer trade and took a chunk out of profits.

Deal flurry puts pressure on British bookmaker William Hill

Sep 15 2015

LONDON William Hill began the year as Britain's biggest bookmaker, with an online and retail business that rivals struggled to match. A series of summer mergers is pushing it down the pecking order and putting it under pressure to react.

Kingfisher looks to cash in on Screwfix demand with more stores

Sep 15 2015

LONDON Kingfisher , Europe's largest home improvements retailer, said it could open 200 more of its strongly performing trade-focused British Screwfix stores, where sales have surged on demand for "do it for me" projects over "do it yourself".

British grocer Waitrose sees some light amid sector gloom

Sep 10 2015

LONDON British retailer John Lewis's upmarket grocer Waitrose reported on Thursday that trade was slowly improving as new loyalty offers, cafes and online click-and-collect demand helps attract shoppers in an industry besieged by a price war.

Whitbread warns of hit from UK minimum wage hike

Sep 08 2015

LONDON Whitbread , one of Britain's biggest employers, said it faced a big rise in costs and would probably take on fewer extra staff due to a hike in the minimum wage, adding to industry warnings the move could dampen economic growth.

GVC trumps 888 to clinch deal for Bwin

Sep 04 2015

LONDON UK-listed Bwin.party ditched an agreed deal with 888 on Friday in favour of a higher 1.1 billion-pound ($1.7 billion) offer from GVC Holdings, creating a sports betting heavyweight in a sector being reshaped by consolidation.

GVC trumps 888 to clinch deal for Bwin

Sep 04 2015

LONDON UK-listed Bwin.party ditched an agreed deal with 888 on Friday in favor of a higher 1.1 billion-pound ($1.7 billion) offer from GVC Holdings , creating a sports betting heavyweight in a sector being reshaped by consolidation.

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