Advertisement
UK markets open in 7 hours 39 minutes

  • NIKKEI 225

    39,583.08
    +241.58 (+0.61%)
     

  • HANG SENG

    17,718.61
    +2.11 (+0.01%)
     

  • CRUDE OIL

    81.46
    -0.08 (-0.10%)
     

  • GOLD FUTURES

    2,335.10
    -4.50 (-0.19%)
     

  • DOW

    39,118.86
    -45.24 (-0.12%)
     

  • Bitcoin GBP

    49,608.83
    +1,452.72 (+3.02%)
     

  • CMC Crypto 200

    1,302.97
    +19.14 (+1.49%)
     

  • NASDAQ Composite

    17,732.60
    -126.10 (-0.71%)
     

  • UK FTSE All Share

    4,451.92
    -8.35 (-0.19%)
     
Property :

8 UK holiday home businesses you could buy now

A holiday let could be a very sound investment, providing a decent income, capital growth and — somewhere to escape

Australia's Woolworths chair Gordon Cairns to retire

Reuters
Updated ·1-min read
Women walk dogs in front of a Woolworths store in Sydney

(Reuters) -Australia's Woolworths Group said on Tuesday that Chairman Gordon Cairns would retire in October after seven years in the role.

Long-standing non-executive director Scott Perkins will succeed Cairns at the country's largest supermarket chain operator.

Cairns, who gave up a fifth of his board fee when Woolworths faced a wage scandal in 2019, plans to step down after the group's annual general meeting on Oct. 26.

The duo had a similar career move in 2020, when Perkins was elected to succeed Cairns as the chairman of Australia's second-largest power producer, Origin Energy Ltd. (https://bit.ly/3PXqYpA)

(Reporting by Indranil Sarkar in Bengaluru, additional reporting by Jaskiran Singh; Editing by Devika Syamnath)