Oliver Gill

3 weeks ago | thetimes.com | Oliver Gill

The British forecourts tycoon who led a successful swoop for Asda is plotting an audacious multibillion-pound assault on Castrol oils. Zuber Issa, one half of the billionaire brothers from Blackburn who acquired Asda for £6.8 billion in 2020 with the backing of private equity firm TDR Capital, is understood to have set his sights on BP-owned Castrol after selling his stake in the supermarket last year.

3 weeks ago | thetimes.com | Oliver Gill

Ministers are weighing proposals to oversee the creation of a joint venture to save 2,000 aerospace jobs in Belfast at Spirit AeroSystems. Leaders from the Unite union have this weekend written to the business secretary, Jonathan Reynolds, urging him to intervene in the sale of the company’s sprawling works in Northern Ireland. The future of Spirit, which employs just over 3,500 people in total in Belfast, has been plunged into doubt after Boeing acquired its US parent last year.

4 weeks ago | thetimes.com | Oliver Gill

Despite being at the centre of what has been dubbed “the biggest benefits scam of all”, Motability chief executive Andrew Miller is a pretty relaxed sort of character.

4 weeks ago | thetimes.com | Oliver Gill

Two cornerstones of Richard Caring’s restaurant empire have defied the doom and gloom of the hospitality sector by chalking up record returns. The Ivy and Bill’s returned earnings before interest, tax, depreciation and amortisation of £62 million and £11 million respectively, according to recently filed accounts. Overall turnover across Caring’s empire, which also includes celebrity haunts such as Sexy Fish and Annabel’s, rose 2 per cent to £636 million in the year to January 2025.

4 weeks ago | thetimes.com | Oliver Gill

British Airways will be able to offer cheaper fares than its rivals after making a $3.5 billion (£2.6 billion) push into “green” fuel that has unlocked a 40 per cent discount to market prices. Net-zero fuel quotas are poised to drive up fares over the coming years because the price of so-called sustainable aviation fuel (SAF) far outstrips that of traditional kerosene. German flag carrier Lufthansa has already rolled out a supplement of up to €72 per ticket to fund these costs.