Ladbrokes owner Entain CEO Isaacs steps down
Feb 11 (Reuters) - British bookmaker Entain (ENT.L), opens new tab said on Tuesday CEO Gavin Isaacs will step down immediately and chair Stella David will assume the CEO role on an interim basis.
The company did not give a reason for Isaacs' departure, just that it was by "mutual agreement".
The owner of Ladbrokes and Coral said it was comfortable with market expectations for full year 2025.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Glasgow Times
2 hours ago
- Glasgow Times
Trump on ‘good form', Starmer says after US president's trade deal gaffe
The Prime Minister also said he rushed to pick up signed documents which Mr Trump dropped on the floor to prevent a security scare following the completion of the British-American trade deal. The two leaders had posed for pictures with the official paperwork after finalising the transatlantic agreement at the G7 summit on Monday, when the president accidentally let a sheaf of files fall to the ground. He also mistakenly referred to the pact as 'a trade agreement with the European Union'. Sir Keir said he bent to pick up the paperwork because there are 'quite strict rules about who can get close to the president'. Asked whether people should be concerned about the US leader's health, the Prime Minister told reporters at the G7 conference in Canada: 'No. 'I mean, look, there weren't many choices with the documents and picking it up, because one, as you probably know there were quite strict rules about who can get close to the president. 'I was just deeply conscious that in a situation like it would not have been good for anybody else to have stepped forwards – not that any of you rushed to! 'There's a very tightly guarded security zone around the president, as you would expect.' He added: 'But no, he was in good form yesterday, and I mean we had, I don't know how many sessions yesterday together at the G7 and then into the evening session as well.' He said he was 'just really pleased that we signed the executive order' which the Government says will protect 44,000 jobs at Jaguar Land Rover alone. US President Donald Trump with Sir Keir Starmer at the G7 summit in Kananaskis as papers slip from his grasp (Suzanne Plunkett/PA) Mr Trump, who turned 79 on Saturday, abruptly left the summit of leaders from the world's major economies amid escalating conflict in the Middle East on Monday. Hours before his departure, he and Sir Keir rubber-stamped a long-coveted deal that will slash tariffs for British carmakers and the aerospace sector, but leaves the future of import taxes on UK steel hanging in the balance. The agreement will grant the auto industry a reprieve by the end of June as levies drop from 25% to 10%, while the aerospace sector will face no tariffs. Tariffs for the steel industry, which is of key economic importance to the UK, will stand at 25% for now rather than falling to zero as originally agreed. This is less than the US global rate of 50% for steel and aluminium. The two leaders pledged to 'make progress towards 0% tariffs on core steel products as agreed'. The Prime Minister said the move marked a 'very important day' for both sides while the US president praised Sir Keir as a 'friend' who had done a 'great job' securing the deal that had eluded leaders before him. 'We're very long-time partners and allies and friends, and we've become friends in a short period of time,' Mr Trump said. 'He's slightly more liberal than I am to put it mildly.' 'We make it work,' Sir Keir joked. Asked on Tuesday why he thought the US president liked him despite their differing political backgrounds, the Prime Minister said: 'That's really for him to answer rather than me, but we do have a good relationship. 'I think that is in the national interest, frankly. There's long been a close relationship between the US and the UK. 'As I've said many times, on defence and security and intelligence sharing in particular, we are closer than any two countries, and I'm very pleased that I've got a good relationship with him – notwithstanding, as both he and I acknowledge, that our political backgrounds are different.'
Rhyl Journal
2 hours ago
- Rhyl Journal
Trump on ‘good form', Starmer says after US president's trade deal gaffe
The Prime Minister also said he rushed to pick up signed documents which Mr Trump dropped on the floor to prevent a security scare following the completion of the British-American trade deal. The two leaders had posed for pictures with the official paperwork after finalising the transatlantic agreement at the G7 summit on Monday, when the president accidentally let a sheaf of files fall to the ground. He also mistakenly referred to the pact as 'a trade agreement with the European Union'. Sir Keir said he bent to pick up the paperwork because there are 'quite strict rules about who can get close to the president'. Asked whether people should be concerned about the US leader's health, the Prime Minister told reporters at the G7 conference in Canada: 'No. 'I mean, look, there weren't many choices with the documents and picking it up, because one, as you probably know there were quite strict rules about who can get close to the president. 'I was just deeply conscious that in a situation like it would not have been good for anybody else to have stepped forwards – not that any of you rushed to! 'There's a very tightly guarded security zone around the president, as you would expect.' He added: 'But no, he was in good form yesterday, and I mean we had, I don't know how many sessions yesterday together at the G7 and then into the evening session as well.' He said he was 'just really pleased that we signed the executive order' which the Government says will protect 44,000 jobs at Jaguar Land Rover alone. Mr Trump, who turned 79 on Saturday, abruptly left the summit of leaders from the world's major economies amid escalating conflict in the Middle East on Monday. Hours before his departure, he and Sir Keir rubber-stamped a long-coveted deal that will slash tariffs for British carmakers and the aerospace sector, but leaves the future of import taxes on UK steel hanging in the balance. The agreement will grant the auto industry a reprieve by the end of June as levies drop from 25% to 10%, while the aerospace sector will face no tariffs. Tariffs for the steel industry, which is of key economic importance to the UK, will stand at 25% for now rather than falling to zero as originally agreed. This is less than the US global rate of 50% for steel and aluminium. The two leaders pledged to 'make progress towards 0% tariffs on core steel products as agreed'. The Prime Minister said the move marked a 'very important day' for both sides while the US president praised Sir Keir as a 'friend' who had done a 'great job' securing the deal that had eluded leaders before him. 'We're very long-time partners and allies and friends, and we've become friends in a short period of time,' Mr Trump said. 'He's slightly more liberal than I am to put it mildly.' 'We make it work,' Sir Keir joked. Asked on Tuesday why he thought the US president liked him despite their differing political backgrounds, the Prime Minister said: 'That's really for him to answer rather than me, but we do have a good relationship. 'I think that is in the national interest, frankly. There's long been a close relationship between the US and the UK. 'As I've said many times, on defence and security and intelligence sharing in particular, we are closer than any two countries, and I'm very pleased that I've got a good relationship with him – notwithstanding, as both he and I acknowledge, that our political backgrounds are different.'
Scottish Sun
4 hours ago
- Scottish Sun
Poundland planning to shut 68 stores in major shake-up – with 82 more at risk over coming years
Read on for worrying news that could hit easyJet passengers planning a getaway to Spain UNSOUND AS POUND Poundland planning to shut 68 stores in major shake-up – with 82 more at risk over coming years Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) Dozens of high streets face losing their Poundland stores after the discount retailer yesterday announced a major restructuring plan. The firm is seeking court approval to shut 68 shops and secure rent reductions on others — with a further 82 possibly closing in the coming years. Sign up for Scottish Sun newsletter Sign up 3 Poundland is seeking court approval to shut 68 stores – with 82 more at risk in brutal high street shake-up Credit: Alamy It also plans to close its frozen and digital distribution site at Darton, South Yorks, this year and another warehouse at Springvale in Bilston, West Mids, in early 2026. Around 1,000 shop staff and 350 warehouse workers in the UK will be affected by the restructure, but none in Ireland. Last week, Polish owner Pepco Group sold Poundland to US investment firm Gordon Brothers for £1 after a downturn in trading. Bosses said they expect the court proceedings for the restructuring to conclude in late summer. Poundland MD Barry Williams said: 'It's no secret that we have much work to do to get back on track. 'It's sincerely regrettable this plan includes the closure of stores and distribution centres, but it's necessary if we're to achieve our goal of securing the future of thousands of jobs and hundreds of stores.' Poundland could end up with as few as 650 stores in the UK and Ireland. It also plans to stop selling frozen food in its stores and scale back its chilled range. And shoppers will no longer be able to order its products online. Poundland to be sold for JUST £1 as frontrunner for shock takeover is revealed after wave of store closures 'Interest' in sale of TSB 3 TSB's Spanish owner is considering selling UK bank after a flurry of interest across the British banking sector Credit: PA The Spanish parent firm of TSB is considering selling the UK high street bank. In a regulatory filing, Banco Sabadell said it received 'preliminary non-binding expressions of interest for the acquisition of the entire share capital of TSB'. TSB has around 175 UK branches and serves five million customers. Sabadell bought it a decade ago for £1.7billion. It comes amid a flurry of interest in our banking sector, with Metro Bank seeing a takeover approach from Pollen Street Capital, while Santander pushed back bids from NatWest and Barclays. EasyJet strike 3 EasyJet cabin crew in Spain are planning to strike just as the summer holiday season begins Credit: Splash EasyJet cabin crew in Spain are planning a three-day strike over pay from June 25 — just as the summer holiday season begins. More than 650 USO union members based in Alicante, Barcelona, Malaga, and Palma de Mallorca could be involved. They claim cabin crew in Spain earn significantly less than counterparts in other European countries. EasyJet insists it will operate flights normally during the strike. Energy compo Energy firm Utilita must pay £277,000 after failing to issue its Warm Home Discount payments on time, Ofgem said yesterday. The scheme gives low-income consumers an automatic payment of £150 a year. The regulator found Utilita failed to pass on the discount to more than 4,000 customers in 2023 and 2024 due to an 'internal error'. It must now pay £247,000 in compensation on top of £30,000 it stumped up earlier.
