UK property giant British Land has said it has received “encouraging interest” from potential “high-quality” replacements to fill the still-vacant former Debenhams site at its part-owned Meadowhall centre in Sheffield.
Big job. Big, big bonus. Michael Murray, who’s set to become chief executive of future-father-in-law Mike Ashley's Frasers Group, could be in line for a £100 million share windfall under a proposed pay package.
Mike Ashley, British retailer Frasers' founder and biggest shareholder, will likely step down as chief executive next year and be succeeded by Michael Murray, the group's "head of elevation", it said on Thursday.
Frasers Group has unveiled its latest big development. The new Flannels in Sheffield opened its doors with women's and men's ready to wear and accessories, plus kidswear, activewear and — for the first time — beauty.