April 14, 2021

Former Tesco boss Leahy plans to double stores of bargain chain B&M in latest discount blow to Big Four supermarkets

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By City & Finance Reporter for The Daily Mail and Camilla Canocchi for THISISMONEY.CO.UK B&M aims to double number of UK shops from the current 400 to 850 It expects to create 2,500 jobs and add a total of 50 shops by April It is in talks with the owner of Homebase to buy stores […]

Sir Terry Leahy’s stake in newly floated firm B&M is stashed in the murky waters of a fund registered in the Cayman Islands

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By Rupert Steiner From Daily Mail Sir Terry Leahy’s stake in newly floated discount chain B&M is held through a fund registered in the Cayman Islands. Leahy, chairman of the Woolworths-style discount chain, which has floated for £3billion, is a retail grandee and one of Britain’s most highly regarded businessmen. The former Tesco chief executive […]