City AM – Let’s Have A Good Look
The front page of the London business newspaper City AM reports top dogs in the UK veterinary sector were under pressure today after the competition watchdog said it would investigate why pet owners are not getting value for money.
What a probe into the veterinary sector means for the UK’s top dogs Pets At Home and CVS
Top dogs in the UK veterinary sector were under pressure today after the competition watchdog said it would investigate why pet owners are not getting value for money.
Shares in both CVS Group and Pets At Home, two of the biggest animal care groups trading on the London market plummeted as news of the crackdown gave investors the jitters.
CVS Group saw its shares drop by over 20 per cent today, while Pets At Home, which has a large retail business as well as veterinary, fell by eight per cent.
CVS, which is one of the largest pet services in the UK, said it has engaged “constructively” with the watchdog and has tried to remedy some of the issues it flagged.
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Sir Nigel Wilson: Britain’s bosses must stop ‘moaning, groaning and whinging’
UK bosses need to stop “moaning and groaning and whinging” and start talking up Britain as a place to do business, the former boss of Legal & General has warned.
Speaking at the London Stock Exchange today, the longtime chief of Britain’s biggest insurer, Sir Nigel Wilson, claimed executives had let a negative narrative take hold of the UK and needed to take a more active role in championing it as a place to invest.
“We need to change the role of the chief executive and the major people so they’re not moaning and groaning and whinging, because that’s what’s happened and therefore the narrative is doom and gloom,” Wilson said.
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