Tag Archives: businesses

The Government’s £350 billion bailout of the UK economy in response to coronavirus has been welcomed by the British Independent Retailers Association (Bira). However, Bira’s CEO Andrew Goodacre says the funds must be made available immediately to stop the collapse of many small independent retailers already seeing reduced trade. Chancellor …

Supermarket chain Tesco has agreed to sell its businesses in Thailand and Malaysia to CP Group for £8.2 billion. Following completion of the disposal, the Tesco board intends to return about £5 billion to shareholders via a special dividend with associated share consolidation. Tesco said the deal will ‘further de-risk’ …