Online fashion retainer Boohoo ‘to buy Debenhams brand in cut-price £50m deal’

Online fashion brand Boohoo is set to buy collapsed department store group Debenhams in a cut-price £50million deal, insiders claim. The deal would result in the closure of all of Debenhams’ remaining department stores and is expected to be announced in the next few days – but the retailers are yet to confirm reports. Debenhams started a … Read more

Maternity-wear brand Seraphine sold in £50m management buyout 

Royal maternity-wear favourite Seraphine sold in £50m management buyout By Daily Mail City & Finance Reporter Published: 21:50 GMT, 31 December 2020 | Updated: 21:50 GMT, 31 December 2020 A posh maternity-wear brand which is a big favourite of the Duchess of Cambridge has been sold for £50million. The bosses of Seraphine, which was set … Read more

Travis Perkins to hand back £50m in public Covid relief money

Wickes owner Travis Perkins to hand back £50m in business rates relief and furlough money as it reports strong recovery Multiple supermarkets including Asda and Sainsbury’s have also vowed to repay Travis Perkins revealed like-for-like sales rose 8.6% in October and November Earlier this year, Travis Perkins said it would let go 2,500 staff to … Read more

Nominations for Prince William’s £50M Earthshot prize open TODAY

The search for the recipients of Prince Wiliam’s £50M Earthshot prize has begun, with more than 100 nominating partners spanning every corner of the Earth and seven continents today invited to submit nominations for the first ever winners of  most prestigious environment prize in history.  Launched on 8th October by Prince William and a global coalition … Read more

Burglary suspect, 44, in £50m Tamara Ecclestone jewellery raid is flown into UK

Burglary suspect, 44, in £50m Tamara Ecclestone jewellery raid is flown into UK from Italy to appear in court Alessandro Maltese, 44, was detained in Italy under a European Arrest Warrant He was returned to Heathrow and will today appear in court charged with conspiracy to commit burglary between November 30 last year and February 1 … Read more

Prince William says his father Charles was ‘ahead of his time’ at £50m Earthshot Prize launch

Prince William said his father Charles was ‘ahead of his time’ as he launched the most prestigious global environment prize in history.  This new global prize for the environment will incentivise change and help to repair our planet over the next ten years – a critical decade for the Earth. The launch comes after two years of … Read more

Covid-hit Gemfields plunges to £50m loss

Gemfields plunges to £50m loss after being only able to hold one precious stones auction between January and June By Daily Mail City & Finance Reporter Published: 21:52 BST, 18 September 2020 | Updated: 21:55 BST, 18 September 2020 Gemfields swung to a loss as Covid-19 shut its mines and cancelled crucial gem auctions. The … Read more

The Hut Group faces backlash over £50m pay chief

The Hut Group facing fresh questions over governance after it reveals one of country’s best-known private equity barons to oversee pay policy By Lucy White For The Daily Mail Published: 21:53 BST, 11 September 2020 | Updated: 22:19 BST, 11 September 2020 The Hut Group faced fresh questions over governance after the company revealed one … Read more

Private equity tycoon to scoop £50m in Hut float

One of Britain’s best-known private equity barons will make £50m when The Hut Group floats this month Dominic Murphy has a stake in The Hut Group believed to be just over 1.1 per cent The Hut Group has emerged as one of the major winners from the shift to online shopping during lockdown  By Tom … Read more