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GEFCO creates 140 Liverpool jobs as it opens huge new logistics centre
Business
Evening Standard
French Connection sold in £29m deal after years of losses
FRENCH Connection, the storied UK fashion house that briefly captured the nations hearts, was sold today in a £29 million deal.That is far less than the business was once worth when its controversial FCUK logos were seen everywhere.Founder Stephen Marks has been looking for a sale for sometime in the face of declining revenues, a …
Business
Business Live
EKM acquired by Clearcourse in ‘significant expansion’ of group’s e-commerce and retail offering
Business
Evening Standard
Clean and green: the water free car wash from Dropless
Have you ever considered how bad washing your car is for the environment?Me neither, until just now.The business making me think about it is called Dropless, which wants to wash your vehicle without using any water. At all.It’s dry cleaning for your car, and they come to you to do it (you book via an …
Business
Sky News
Ovo to table bid for Bulb amid scramble over struggling energy suppliers
Ovo Energy will this week table a takeover offer for rival Bulb in a bid to create the second-largest supplier in Britain’s crisis-hit energy market.Sky News has learnt that Ovo, which joined the ranks of the market’s biggest players when it completed the takeover of SSE’s retail customer base nearly two years ago, is assembling …
Business
Evening Standard
FinnCap revenues surge as City enjoys lockdown boom
FINNCAP, the tech and life sciences small cap broker, gave the latest evidence today that the City flourished during lockdown.Bankers made hay during Covid, raising money for clients and in many cases bringing them to market.FinnCap, led by Sam Smith, said today that half-year revenue was up 55% to £32 million. For the full year, …
Business
Sky News
French Connection sold in deal valuing business at £29m after years of losses
French Connection has been sold to a consortium including its second-largest shareholder in a deal valuing the fashion chain at £29m.The company – best known for its FCUK branding during the 1990s and early 2000s – said it had accepted a 30p-per-share offer from UK-based apparel industry entrepreneurs Apinder Singh Ghura and Amarjit Singh Grewal, …
Business
Sky News
Military moves in to begin delivering fuel to petrol stations as driver shortage continues
The Armed Forces have begun helping to deliver fuel to petrol stations this morning as parts of the country continue to struggle with shortages.About 200 military personnel – half of them drivers – are being deployed as part of Operation Escalin in an effort to increase the number of tanker drivers. Most of the troops, …
Business
Sky News
‘Improvement’ in UK fuel supply but some areas ‘still challenging’ – as major chain removes £30 cap
The fuel crisis in parts of the UK is “still challenging”, a petrol boss has warned, as the armed forces were drafted in to help deliver fuel amid ongoing driver shortages.About 200 military personnel – half of them drivers – have been deployed in London and the South East, where the worst shortages remain, as …
Business
Sky News
Fuel supply crisis ‘virtually at an end’ in parts of UK – but problems persist in South East
The fuel supply crisis is “virtually at an end” in parts of the UK, but problems persist in London and the South East, the Petrol Retailers Association has said.There has been no overall improvement in the crisis in the last 24 hours, the group added. However, issues with getting fuel were “virtually at an end” …
Business
Sky News
Bezos-backed logistics start-up Beacon lands £37m funding boost  
A British logistics start-up backed by the Amazon founder Jeff Bezos and other titans of the technology world is raising tens of millions of pounds to help it satisfy booming demand for its services.Sky News has learnt that Beacon, which helps companies to manage their supply chains more efficiently, has sealed a $50m (£37m) Series …
Business
Business Live
The ex-Liverpool footballer who turned it all around by swapping the boot room for the boardroom

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