| Date | Title | Description |
| 27.03.2026 | Asda boss says ‘plenty to do’ in turnaround after sales drop | The boss of Asda has said he has “plenty to do” to complete his turnaround of the firm after sales and earnings slumped.
The supermarket giant, the UK’s third largest, took £21bn of sales excluding fuel in 2025, down by 3.3 per cent, while ... |
| 04.03.2026 | Asda boss: Government ‘more and more difficult’ to deal with | The boss of supermarket chain Asda has said the government has become “more and more difficult” to deal with, claiming the pressures on business posed by policy have ballooned since he began his career.
Allan Leighton, Asda’s chair, said bu... |
| 03.02.2026 | Private markets suffer ‘reality check’ as fundraising dries up | Private markets fundraising fell to a decade low across Europe in 2025, after a slowdown in dealmaking and stuttering performance led major buyout shops to struggle to return cash to investors.
According to a fresh analysis of the sector, a... |
| 19.01.2026 | Stuart Rose steps down as EG Group chair ahead of US IPO | Stuart Rose has stepped down as chair of EG Group ahead of the forecourt firm’s flotation in New York later this year.
The retail industry veteran and Conservative peer has been replaced with immediate effect by Roland Smith, the current ch... |
| 16.01.2026 | Coca-Cola Shelves Costa Coffee Sale Amid Market Woes | Coca-Cola abandoned its Costa Coffee sale. Bids from private equity firms, including TDR Capital, fell below expectations. Coke sought £2 billion, a steep discount from its £3.9 billion 2018 purchase. Costa faces significant losses, increas... |
| 15.01.2026 | Why does no one want to buy Costa Coffee? | The coffee’s gone cold and the milk has soured for the once dominant high street staple Costa, as owner Coca-Cola struggles to find a buyer to take the chain off its hands.
The US beverage giant suspended talks with remaining bidders earlie... |
| 14.01.2026 | Coca-Cola abandons Costa Coffee sale plans as Asda owner bids low | US beverage giant Coca-Cola has reportedly scrapped plans to sell the world’s second-largest coffee chain after offers from private equity firms came in below expectations.
The company brought talks with remaining bidders for Costa Coffee t... |
| 26.12.2025 | Asda: Will 2026 be the year supermarket giant bounces back? | This time last year, analysts warned that Asda needed to “dig down into its soul” if it was to turn around its fortunes.
After a rollercoaster 2024 in which it struggled with debt, strikes and falling sales, the Leeds-headquartered supermar... |
| 14.12.2025 | Coca-Cola in talks with TDR Capital to rescue Costa Coffee deal | - |
| 11.11.2025 | Asda: KKR and TDR commit £23m to credit card firm Jaja after warning | The private equity backers of Jaja Finance have contributed another £23m in equity funding after the Asda credit card firm warned on its ability to continue as a going concern, City AM can reveal.
A group of existing shareholders participat... |
| 14.10.2025 | Issa brothers finally repay EG Group loan used to buy private jet | The Issa brothers have finally repaid the huge loan they borrowed from their own forecourt and retail empire to buy a private jet, City AM can reveal.
The billionaire duo had owed as much as $41m (£31m) to EG Group via an Isle of Man-based ... |
| 07.10.2025 | Asda credit card firm Jaja Finance warns of ‘material uncertainty’ over going concern status | The firm behind the Asda credit card has warned of “material uncertainty” over its ability to continue as a going concern after reporting widening losses, City AM can reveal.
Jaja Finance, a fintech co-owned by billionaire Mohsin Issa and p... |
| 29.09.2025 | Profit spikes at Asda billionaire’s property empire | Profit at the property empire co-founded by a billionaire backer of supermarket giant Asda spiked to a new record in 2024, it has been revealed.
Monte Blackburn was set up by brothers Mohsin and Zuber Issa in 2016 and has a number of proper... |
| 18.09.2025 | Losses almost tripled at Sale Sharks owner’s £1bn empire before takeover | Losses at the empire built up by Simon Orange, the self-made millionaire who co-owns rugby union side Sale Sharks, almost tripled in the year before being taken over.
Cheshire-based CorpAcq counts more than 40 businesses as part of its port... |
| 28.08.2025 | Asda boss slams tax hikes: ‘Businesses have to be allowed to invest’ | Asda chair Allan Leighton has warned that the Government must change the way it thinks about growth or risk a stagnating economy.
Ahead of Asda’s quarterly results – where the grocer reported its fourth consecutive quarter of improving like... |
| 14.08.2025 | Billionaire Issa brothers shrink empire ahead of blockbuster IPO | The forecourts empire founded by the billionaire Issa brothers has sealed a second deal this week to sell off part of its international business as it works up to a possible blockbuster float in New York.
Blackburn-headquartered EG Group ha... |
| 12.08.2025 | EG Group: Billionaire Issa brothers sell £367m Italian arm | EG Group, the empire co-founded by a major investor in supermarket giant Asda, has sold its Italian division in a deal which values it at €425m (£367m).
The Blackburn-headquartered group has agreed terms with a consortium of established Ita... |
| 25.06.2025 | Asda loses £600m amid major turnaround plan | Asda slumped back into the red after losing almost £600m in 2024 despite its total sales rising by more than £1bn, it has been revealed.
The Leeds-headquartered supermarket giant has posted a pre-tax loss of £599m for its latest financial y... |
| 18.06.2025 | Steel and Sports: A New Era of Investment in the UK | In the world of business, fortunes can shift like sand. One moment, a self-made millionaire is selling his empire; the next, he’s diving into the steel industry. Simon Orange, co-owner of the Sale Sharks rugby team, has made headlines by ac... |
| 17.06.2025 | Sale Sharks tycoon Simon Orange buys steel giant | The co-owner of rugby union side Sale Sharks, Simon Orange, has bought the UK’s second-largest steel contractor just a few months after selling his investment business in a deal worth more than £1bn.
Self-made millionaire Orange, whose brot... |
| 13.06.2025 | David Lloyd: Padel and pickleball help chain make first profit in over a decade | The rising popularity of padel and pickleball has helped health club chain David Lloyd make a profit for the first time since being acquired by private equity giant TDR Capital.
The Hertfordshire-headquartered chain has reported a pre-tax p... |
| 11.06.2025 | Profit almost wiped out at Asda billionaire’s empire ahead of mega IPO | Profit at EG Group, the empire co-founded by a major investor in supermarket giant Asda, has almost been wiped out ahead of a planned $13bn float in New York.
The Blackburn-headquartered group was formed by brothers Mohsin and Zuber Issa an... |
| 29.05.2025 | Asda's Path to Recovery: A Retail Giant's Resurgence | Asda, one of the UK’s largest supermarket chains, is navigating a turbulent sea of competition and changing consumer preferences. The journey has been rocky, but recent signs suggest that the retailer is beginning to find its footing. Like ... |
| 29.05.2025 | Is Asda’s ambitious turnaround starting to bear fruit? | Asda has had a tumultuous year and a half.
Since January 2024, the supermarket giant has undergone numerous leadership changes, IT issues, and sales woes.
Its troubles began back in 2021, when it was bought in a debt-fuelled takeover by the... |
| 29.05.2025 | UK supermarket Asda seeing 'green shoots' of recovery | UK supermarket Asda seeing 'green shoots' of recovery
By James DaveyMay 29, 20251:07 PM UTCUpdated ago
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A general view of a Asda Oakridge Park supermarket in Milton ... |
| 29.05.2025 | Asda ‘making good progress’ despite sales continuing to fall | The chairman of Asda has said the supermarket giant is “making good progress” despite its sales continuing to fall.
The Leeds-headquartered chain has reported a revenue – excluding fuel – of £5bn for the three months to 31 March, 2025, the ... |
| 18.03.2025 | Asda's Road to Recovery: A Long Journey Ahead | Asda, the UK supermarket giant, finds itself at a crossroads. Once a leader in the grocery sector, it now grapples with declining market share and internal turmoil. The company’s new executive chairman, Allen Leighton, is back in the saddle... |
| 14.03.2025 | Asda: ‘It’s going to take time to rebuild’ says new boss | UK supermarket giant Asda has dominated headlines for the last year for a host of different reasons: turmoil at the top, declining market share and issues with a significant IT upgrade.
The grocer’s market share fell 5.8 per cent between De... |
| 14.03.2025 | Asda: ‘We know what we need to do’ after sales disappoint again | Sales and revenue at Asda dropped last year, as expected, but the supermarket said it has begun to deliver on its turnaround plan.
Like-for-like sales at the supermarket giant fell by 3.4 per cent year on year, while revenue dipped 0.8 per ... |
| 19.02.2025 | TDR Capital looks to refinance education provider BPP after sale fails | - |
| 14.02.2025 | What Happened to Cazoo After 2021 £6bn Valuation? | Three years after Cazoo’s public listing on the New York Stock Exchange, which saw the online used car seller valued at £6.3 billion, the operator entered administration last summer.
Within a matter of weeks, the Cazoo brand and its marketp... |
| 20.01.2025 | Sale Sharks owner sells £1bn empire to Asda backer TDR Capital | - |
| 23.11.2024 | Britain's Asda brings back industry veteran Leighton to lead business | Britain's Asda brings back industry veteran Leighton to lead business
By James Davey and Muvija MNovember 23, 202412:47 PM UTCUpdated ago
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| 14.08.2024 | Chilling Innovations: The Future of Cold Chain Sustainability | The cold chain industry is at a crossroads. As global temperatures rise, the need for efficient refrigeration has never been more critical. Enter AI. This technology is transforming how we think about cooling. It’s not just about keeping th... |
| 12.08.2024 | Asda Q2 sales drop, George scores in schoolwear | Image courtesy: Asda
Asda, Britain’s third-largest supermarket group, reported a 5.3 per cent decline in underlying sales for the three months ending in June, continuing to lag behind its competitors.
The group, majority-owned by Mohsin Iss... |
| 10.06.2024 | Asda takeover: Meet the British supermarket giant’s new private equity owner | - |
| 17.05.2024 | Mohsin and Zuber Issa: Asda-owning billionaire brothers see net worth sag | Mohsin and Zuber Issa, the billionaire owners of Asda and EG Group, have fallen down the Sunday Times Rich List, but have still maintained a high placement at number 39.
The rich list is compiled by the Sunday Times every year, and revealed... |
| 08.06.2022 | Bud raises $80M more to expand its AI-based open banking platform, used to power lending tools and more | Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their own offerings with more data and functionality — remains a growing opportunity, both to help fue... |
| 05.04.2022 | KKR and TDR add £120 million to Jaja coffers | London-based credit card lender Jaja Finance has raised an initial investment of up to £120 million from private equity giants KKR and TDR to fund its growth in the U.K. The consortium headed by KKR and TDR had earlier taken control in the ... |
| - | KKR and TDR add £120 million to Jaja coffers | London-based credit card lender Jaja Finance has raised an initial investment of up to £120 million from private equity giants KKR and TDR to fund its growth in the U.K. The consortium headed by KKR and TDR had earlier taken control in the ... |
