Category: Gails
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McWin Capital eyes Gail’s in bid to pre-empt £500m auction
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McWin Capital Partners, the European food-focused investment firm, is reportedly in early talks to acquire the much-loved but high-priced British bakery chain, according to a report by Bloomberg. The news comes on the heels of Gale’s owners appointing Goldman Sachs to set up an auction, amid widespread speculation that the…
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Gail’s chairman warns Labour’s workers’ rights plans may threaten businesses
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Luke Johnson, chairman of the Gale bakery chain and a prominent businessman, has warned that some of his companies “may not survive” under Labour’s proposed labor rights reforms. Speaking before the Employment Rights Bill Committee, Johnson expressed concerns about the additional costs and complexities the legislation could impose on small…
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Londoners go to war with upmarket chain Gail’s over gentrification
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Hundreds of people in London’s trendy Walthamstow district have signed a petition against a new bakery opening in the area, with locals complaining about the group’s former chairman’s comments on Covid, Brexit and vigilantism. Residents of Walthamstow are trying to prevent the opening of Gill’s store, fearing it could lead…