UK business news

Multimillionaire’s Stepchildren Win Court Fight After Being Branded “Spoilt Brats”

Multimillionaire’s Stepchildren Win Court Fight After Being Branded “Spoilt Brats”

The stepchildren of a multimillionaire businessman have won a High Court battle for control of his fortune after being described by trustees as “entitled spoilt brats”. Graham Cheslyn-Curtis, owner of the veterinary medical supply company Millpledge, died in 2018. Alongside his will, he left a detailed letter of wishes expressing his desire for his partner’s

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AB Foods Considers Spinning Off Primark After Profits Fall 13%

AB Foods Considers Spinning Off Primark After Profits Fall 13%

The owner of Primark, Associated British Foods (AB Foods), has said it is considering separating the fashion retailer from its food division after reporting a drop in annual profits. The company announced a strategic review of its group structure alongside its full-year financial results, which showed an adjusted pre-tax profit of £1.7 billion for the

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