Asda will introduce HAIRDRESSERS and nail bars to stores after £6.8bn takeover bid

Asda will introduce HAIRDRESSERS and nail bars to stores after billionaire brothers’ £6.8bn takeover bid is completed Mohsin and Zuber Issa plan to revive Asda if their £6.8bn takeover goes ahead Food aisles could be cut by a quarter to introduce cafes, hair salons and nail bars The takeover bid is subject to an  investigation … Read more

Asda will introduce HAIRDRESSERS and nail bars to stores after £6.8bn takeover bid

Asda will introduce HAIRDRESSERS and nail bars to stores after billionaire brothers’ £6.8bn takeover bid is completed Mohsin and Zuber Issa plan to revive Asda if their £6.8bn takeover goes ahead Food aisles could be cut by a quarter to introduce cafes, hair salons and nail bars The takeover bid is subject to an  investigation … Read more

5,000 jobs at risk in Asda shake-up just months after £6.8bn takeover

Up to 5,000 jobs at risk in Asda shake-up just months after Issa brothers’ £6.8bn debt-fuelled takeover By Daily Mail City & Finance Published: 21:52 GMT, 25 February 2021 | Updated: 21:52 GMT, 25 February 2021 Up to 5,000 jobs are at risk at Asda as part of a major restructuring just months after the … Read more

Taxpayers on hook for £68bn of coronavirus loans

Taxpayer backed staggering £68.2bn in emergency loans to keep businesses afloat through pandemic By Daily Mail City & Finance Reporter Published: 21:50 GMT, 1 January 2021 | Updated: 21:50 GMT, 1 January 2021 The taxpayer has backed a staggering £68.2billion in emergency loans to keep businesses afloat through the Covid-19 pandemic.  The Treasury’s lifeline loan … Read more

How the brothers buying Asda for £6.8bn ring up a minuscule tax bill

The new owners of Asda have built a business empire fuelled by billions of pounds of debt, low tax bills and links to a string of global tax havens including Jersey and the Cayman Islands. Blackburn-based brothers Mohsin and Zuber Issa on Friday sealed a £6.8billion deal with their private equity backers TDR to buy … Read more