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Luke Johnson

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  • Tuesday, 14 September, 2021
    Mergers & Acquisitions
    Bain Capital snaps up suburban bakery-and-café group Gail’s

    Luke Johnson retains 15% stake in deal he says values UK business at £200m

    A member of staff serves a customer at Gail’s bakery-and-cafe
  • Tuesday, 25 May, 2021
    UK retail industry
    Luke Johnson launches fresh attempt to sell bakery chain Gail’s

    Entrepreneur says brand has recovered well after lockdown

    Luke Johnson said a mooted value for Gail’ of £250m was “bullish”
  • Monday, 24 June, 2019
    LombardMatthew Vincent
    Unlike Boris, PatVal boss Luke Johnson cannot have it both ways

    Former café chain boss returns to print, but hasn’t much to say about business’s demise

    A pedestrian watches as an employee selects a cake from a window display at a branch of a Patisserie Valerie cafe in London on January 23, 2019. - British cafe chain Patisserie Valerie announced on Tuesday that it had fallen into administration, threatening the jobs of almost 3,000 staff at its nearly 200 locations. "Patisserie Holdings plc announces today that...it has been unable to renew its bank facilities, and therefore regrettably the business does not have sufficient funding to meet its liabilities as they fall due," it said in a statement to the London Stock Exchange. (Photo by Daniel LEAL-OLIVAS / AFP)DANIEL LEAL-OLIVAS/AFP/Getty Images
  • Sunday, 9 June, 2019
    Patisserie Holdings PLC
    Luke Johnson denies knowledge of Patisserie Valerie fraud 

    Former chairman of high street café chain returns as Sunday Times business columnist

    A pedestrian watches as an employee selects a cake from a window display at a branch of a Patisserie Valerie cafe in London on January 23, 2019. - British cafe chain Patisserie Valerie announced on Tuesday that it had fallen into administration, threatening the jobs of almost 3,000 staff at its nearly 200 locations. "Patisserie Holdings plc announces today that...it has been unable to renew its bank facilities, and therefore regrettably the business does not have sufficient funding to meet its liabilities as they fall due," it said in a statement to the London Stock Exchange. (Photo by Daniel LEAL-OLIVAS / AFP)DANIEL LEAL-OLIVAS/AFP/Getty Images
  • Monday, 29 April, 2019
    LombardMatthew Vincent
    Deloitte and KPMG show accountants club rules are inconsistent

    Decisions on Ferrexpo and Pat Val suggest Big Four do not behave as one

    Montage for Big four - accountancy auditors, EY, Deloitte, PWC, KMPG
  • Wednesday, 24 April, 2019
    Luke Johnson joins Patisserie Valerie creditor committee

    Former chairman’s place on panel raises conflict of interest concerns

    BIZ LIFE BYLINE Luke Johnson of Risk Capital Partners. Credit: David Parry/ FT
  • Friday, 15 February, 2019
    Patisserie Holdings PLC
    Patisserie Valerie administrators sell off Baker & Spice cafés
  • Thursday, 14 February, 2019
    LombardMatthew Vincent
    Patisserie Valerie is ‘saved’ but more than face has been lost

    Deal saves 2,000 bakers and waiters, but already some 900 jobs have gone and 71 stores closed

    People walk past Patisserie Valerie on Old Compton Road in Soho, London on October 10, 2018.
  • Tuesday, 29 January, 2019
    LombardMatthew Vincent
    Hargreaves Lansdown’s Brexit bother really comes down to values

    Proportion of group’s shares being sold short rises despite its resilient performance

    Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company's headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger
  • Friday, 25 January, 2019
    Patisserie Holdings PLC
    Patisserie Valerie report talks of fake invoices and ledgers

    Board-commissioned PwC inquiry focuses on certain finance staff and supplier

    A pedestrian watches as an employee selects a cake from a window display at a branch of a Patisserie Valerie cafe in London on January 23, 2019. - British cafe chain Patisserie Valerie announced on Tuesday that it had fallen into administration, threatening the jobs of almost 3,000 staff at its nearly 200 locations. "Patisserie Holdings plc announces today that...it has been unable to renew its bank facilities, and therefore regrettably the business does not have sufficient funding to meet its liabilities as they fall due," it said in a statement to the London Stock Exchange. (Photo by Daniel LEAL-OLIVAS / AFP)DANIEL LEAL-OLIVAS/AFP/Getty Images
  • Wednesday, 23 January, 2019
    LombardMatthew Vincent
    Dyson’s Singapore move is pragmatism not Brexit ‘pluto-populism’

    Twitterati’s condemnation of Pro-Brexit billionaire was swift but misguided

    Founder of the Dyson company, designer James Dyson, poses during a photo session at a hotel in Paris on October 11, 2018. (Photo by Christophe ARCHAMBAULT / AFP) (Photo credit should read CHRISTOPHE ARCHAMBAULT/AFP/Getty Images)
  • Wednesday, 23 January, 2019
    Patisserie Holdings PLC
    Luke Johnson made at least £20m from Patisserie Valerie

    Entrepreneur may not recover all of £13m loans advanced in wake of accounting scandal

    epa06099099 Kathryn Parsons (L), co-founder of Decoded, and Luke Johnson (R), co-founder of Risk Capital Partners LLP, arrive in Downing Street, London, Britain, 20 July 2017. British Prime Minister Theresa May hosted business leaders and members of the business community to discuss the UK's exit from the European Union, dubbed 'Brexit'. EPA/WILL OLIVER
  • Wednesday, 23 January, 2019
    The FT ViewThe editorial board
    Patisserie Valerie offers a bitter financial lesson

    The collapse of the café chain shows the dangers of over-optimism

    A customer takes a picture of cakes on display in the window of a Patisserie Valerie cake store, owner by Patisserie Holdings Plc, in central London, U.K., on Friday, Oct. 12, 2018. Patisserie Holdings Plc finance chief Chris Marsh was arrested as U.K. fraud prosecutors opened a probe into an accounting scandal that threatens to shutter the cake baker's 200-plus stores. Photographer: Simon Dawson/Bloomberg
  • Tuesday, 22 January, 2019
    LexPatisserie Holdings PLC
    Patisserie Valerie: the fake British bake-off Premium content

    As executive chairman, Luke Johnson should have been more vigilant in spotting irregularities

    The Patisserie Valerie logo sits on cakes on display in a window of one of their stores, owner by Patisserie Holdings Plc, in central London, U.K., on Friday, Oct. 12, 2018. Patisserie Holdings Plc finance chief Chris Marsh was arrested as U.K. fraud prosecutors opened a probe into an accounting scandal that threatens to shutter the cake baker's 200-plus stores. Photographer: Simon Dawson/Bloomberg
  • Monday, 21 January, 2019
    Food & Beverage
    Patisserie Valerie locked in talks with banks

    Speculation mounts that café chain could go into administration

    File photo dated 18/05/16 of a Patisserie Valerie shop in central London. The cake chain will cease trading without an "immediate" cash injection after discovering a major black hole in its finances. PRESS ASSOCIATION Photo. Issue date: Thursday October 11, 2018. The cafe's parent company Patisserie Holdings made the admission in a market announcement on Thursday, after being slapped with a winding up petition over unpaid taxes and unearthing potentially fraudulent accounting irregularities a day earlier. See PA story CITY Patisserie. Photo credit should read: Lauren Hurley/PA Wire
  • Friday, 18 January, 2019
    News in-depthUK companies
    How Patisserie Valerie’s recipe turned sour

    Discovery of accounting irregularities came as a thunderbolt for investors

  • Friday, 23 November, 2018
    City InsiderPatrick Jenkins
    Mark Carney’s British citizenship may hit a snag

    Hopefully the Bank of England chief will have read the fine print

    Mark Carney receives his British citizenship
									21/11/2018
  • Friday, 16 November, 2018
    Luke Johnson hires former top SFO investigator as his lawyer

    Chairman of café chain Patisserie Valerie takes on John Gibson of Cohen & Gresser

    People walk past Patisserie Valerie on Old Compton Road in Soho, London on October 10, 2018.
  • Thursday, 15 November, 2018
    Patisserie Holdings PLC
    Patisserie Valerie chief resigns

    Paul May to be replaced with Stephen Francis immediately

  • Thursday, 1 November, 2018
    LombardMatthew Vincent
    Was Patisserie Valerie’s placing the only available course?

    Chairman appears to mix grains of truth with more than just a hint of false jeopardy

    Patisserie Valerie cakes are seen on Old Compton Road in Soho, London on October 10, 2018.
  • Thursday, 1 November, 2018
    Patisserie Holdings PLC
    Patisserie Valerie shareholders approve rescue after stormy EGM

    Disgruntled investors criticise recapitalisation and demand more information

    File photo dated 18/05/16 of a Patisserie Valerie shop in central London. The cake chain will cease trading without an "immediate" cash injection after discovering a major black hole in its finances. PRESS ASSOCIATION Photo. Issue date: Thursday October 11, 2018. The cafe's parent company Patisserie Holdings made the admission in a market announcement on Thursday, after being slapped with a winding up petition over unpaid taxes and unearthing potentially fraudulent accounting irregularities a day earlier. See PA story CITY Patisserie. Photo credit should read: Lauren Hurley/PA Wire
  • Thursday, 1 November, 2018
    fastFTMatthew Vincent
    Opening Quote: BT’s departing man had a working plan
  • Wednesday, 31 October, 2018
    LombardMatthew Vincent
    Patisserie Holdings shareholders deserve plateful of answers

    Chairman Luke Johnson due to face investors at café chain’s meeting

    Pastries and tarts sit on display in the window of a Patisserie Valerie cake store, owner by Patisserie Holdings Plc, in central London, U.K., on Friday, Oct. 12, 2018. Patisserie Holdings Plc finance chief Chris Marsh was arrested as U.K. fraud prosecutors opened a probe into an accounting scandal that threatens to shutter the cake baker's 200-plus stores.  Photographer: Simon Dawson/Bloomberg
  • Wednesday, 24 October, 2018
    LombardMatthew Vincent
    Why challenger banks Metro and TSB struggle to make a difference

    Expectations of such lenders can be unrealistic and lookalike claims unfair

    epa06696751 A sign is displayed outside a branch of the TSB bank in London Britain, 27 April 2018. TSB bank has IT problems for a fifth consecutive day after a failure of migration to a new IT system for internet banking system. The bank's customers are locked out of their online accounts, causing uncertainty for those with end-of-month bills to pay.  EPA/NEIL HALL
  • Friday, 19 October, 2018
    Patisserie Holdings PLC
    Top Patisserie Valerie bosses made £2.9m from bonus scheme shares

    Options for Paul May and Chris Marsh were pegged to profit figures that may need to be revised

    FILE PHOTO: Women walk past a branch of Patisserie Valerie in London, Britain, October 10, 2018. REUTERS/Simon Dawson/File Photo
Previous page You are on page 1 Next page

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