The UK’s biggest retailer, Tesco say they have carried out a sale and lease back deal for property valued at £514million with an unnamed UK Pension fund.
The deal will see Tesco selling fifteen of its stores and two of its distribution centres to a 50-50 joint venture company owned by Tesco and the unnamed pension [...]
UK Business News
Entries Tagged as 'Pensions'
UK Business: Tesco announce latest sale and leaseback deal
John Williams - Monday 05.10.09, 16:42pm
Tags: Business News · Cash Flow · Pensions · Retail · UK Economy
UK Business:Mandelson calls for apology from former Rover MG bosses
John Williams - Friday 11.09.09, 15:13pm
Business secretary Peter Mandelson has called upon the former bosses of carmaker Rover MG to apologise for milking the profits from the business following the news that they took pay and pensions worth £42million, shared by five executives.
The government has said that the former directors known as the ‘Phoenix Four‘ plus chief executive Kevin Howe, [...]
Tags: Business News · Manufacturing · Pensions · Transport · UK Economy
Small Business Owners Delay Retirement
Terry Lane - Monday 01.09.08, 17:21pm
According to exclusive research carried out by Financial Mail recently a staggering 60% of small business owners are delaying retirement due to the UK’s economic downturn.
One third of small business owners considering selling their businesses agree that the state of the UK economy has severely affected interested parties; with 20% suggesting the selling price had [...]
Tags: Pensions · Small Businesses · UK Economy
