Business

THE chief executive of Johnson Service Group is to retire after 33 years at the dry-cleaning, workwear and linen firm. Daily Express :: City and Business Feed

IRISH drinks firm C&C, which is behind Magners cider, will acquire pub chain Admiral Taverns alongside Proprium Capital Partners in a £220 million deal. Daily Express :: City and Business Feed

THE pound has traded in a narrow range against the US dollar today following a disappointing result for the service sector PMI. This has left the GBP/USD exchange rate in the region of $ 1.292. Daily Express :: City and Business Feed

AFTER falling on Monday in reaction to the UK’s less-than-impressive construction sector report, the GBP/EUR exchange rate was able to edge modestly higher on Tuesday in spite of the UK’s services PMI also falling short. Daily Express :: City and Business Feed

ACTIVITY in Britain’s construction industry unexpectedly slowed in August as new business slumped for the second month in a row. Daily Express :: City and Business Feed

THE pound has dropped by -0.5 per cent against the euro today, following concerning news from both the EU and the UK. Daily Express :: City and Business Feed

GEOPOLITICAL tensions and a weak outlook for US monetary policy are allowing the pound to hold its ground versus the US dollar today. Daily Express :: City and Business Feed

THE state of Britain’s property market will return to the fore this week when a clutch of housebuilding giants report. Daily Express :: City and Business Feed

THE boom in online travel sites is contributing to a decline in high street firms offering flights only, the head of the UK’s largest network of independent travel agents has said. Daily Express :: City and Business Feed

PETROFAC saw revenue and underlying profits slip in the first half, down 20 per cent and 41 per cent respectively on a year earlier. Daily Express :: City and Business Feed