All the updated news related to mccoll

All the news related to mccoll updated in real time

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City

Morrisons clinches rescue deal to save McColl’s

Morrisons has beaten EG Group in a takeover battle for collapsed retailer McColl’s. Bosses said all McColl’s staff will keep their jobs as the firm’s shops transfer to the new owner, while Morrisons will take over the company’s two pension schemes. ...

09 May 2022 at 18:25

City

McColl’s warns rescue funding deal set to leave shareholders empty handed

Embattled convenience store chain McColl’s has said a potential financing deal would be likely to leave ordinary shareholders empty-handed as rescue talks continued. Shares in the company plunged as it also reported weaker trade over the Easter ...

25 Apr 2022 at 11:55

Scotland

Finance Secretary denies Government rushed ferry plans for party conference

Scotland’s Finance Secretary said she “fundamentally disagreed” with the assertion that the announcement of two botched ferries was rushed so it could be made at the SNP conference. Jim McColl, the former boss of the Ferguson Marine shipyard ...

28 Mar 2022 at 10:55

City

McColl’s boss quits amid battle to secure chain’s future

The boss of struggling convenience store chain McColl’s has stepped down as it battles to secure its future. The embattled group, which employs around 16,000 people, said Jonathan Miller has quit after 30 years with the firm, including six ...

24 Mar 2022 at 09:25

Scotland

Sturgeon ‘very regretful’ over ferries scandal

Scotland’s First Minister has said she is “very regretful” over the delays and overspends to two ferries at a Government-owned shipyard. A further delay was announced in the delivery of the Glen Sannox and the as-yet-unnamed hull 802 last ...

28 Mar 2022 at 16:25

City

McColl’s convenience store group says administration ‘increasingly likely’

Struggling convenience store business McColl’s has confirmed it could fall into administration. The retailer has been in discussions with potential lenders to shore up the business, which struggled badly during the pandemic due to supply ...

05 May 2022 at 20:55

Scotland

McColl maintains ferry contracts were rushed for political reasons

The former owner of the Ferguson Marine shipyard has repeated his accusation that the contract for two troubled ferries was rushed through for political purposes, something strongly denied by the Government. Jim McColl said the shipyard ...

29 Mar 2022 at 10:55

City

Morrisons faces competition probe into McColl’s takeover

The UK’s competition watchdog has confirmed the launch of a ‘phase one’ investigation into Morrisons’ takeover of McColl’s. Bradford-based supermarket chain Morrisons snapped up McColl’s in a £190 million rescue deal in May after the ...

13 Jul 2022 at 12:21

City

Morrisons’ takeover of McColl’s closer to being cleared amid shop sale plan

Morrisons’ takeover of McColl’s is expected to be cleared after the supermarket giant told regulators it would sell 28 convenience stores to push the move through. The supermarket group agreed a £190 million deal to rescue McColl’s ...

10 Oct 2022 at 13:28

Scotland

No evidence of Ferguson criminality but not my job to determine, says Sturgeon

Nicola Sturgeon has said she has not seen any evidence of criminality in the procurement and construction of two late and over-budget ferries, but she insisted coming to that conclusion was “not my job”. The Glen Sannox and ...

28 Sept 2022 at 17:36

City

Morrisons takeover of McColl’s will ‘not harm majority of shoppers’, says CMA

Morrisons’ takeover of convenience chain McColl’s will “not harm the vast majority of shoppers or other businesses”, the competition regulator has said following a probe of the deal. The Competition and Markets Authority ...

08 Sept 2022 at 13:31

Every member of crew crucial to success of RAF mission in Estonia – commander

British military personnel working behind the scenes are the unsung heroes of the RAF mission in Estonia, according to those on the ground at the Amari Air Base. Hundreds of RAF staff, ranging from pilots and engineers ...

26 Jul 2023 at 16:24

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2025

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