Ashley is making a turn on Misguided…he couldn’t make it work so hence he is selling it. He obviously realises the complexities of online in terms of infrastructure / fulfilment centres and believes he can get an oven ready solution with Boo and Asos.
Amazing how the mms have managed to keep this at 30p when £55m of shares has been bought….all part of the game between shorts, mms and Frasers?? Nick Boo for next to nothing…and they all make a few quid!
Shops, pubs and restaurants are facing a quadrupling of their tax bills next year, after the latest inflation data suggested business rates would rise by almost £2bn.