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The Latest Breaking News from EG Group

Billionaire Issa brothers’ EG Group sells $1.5 billion in property in bid to slash debt burden

The billionaire Issa brothers’ business EG Group has sold $1.5 billion worth of property in the US as the pair scramble to bring down the firm’s debt burden amid soaring interest rates.

Evening Standard

Some of the billionaire Issa brothers' biggest projects to keep an eye on in 2023

It includes the first drive-thru Indian street food restaurant in the country

Manchester Evening News

Pressure on Asda owners Issa brothers as EG Group debt interest payments jump £200 million

Annual accounts for EG Finco, the finance subsidiary of Mohsin and Zuber Issa’s EG Group, are now several weeks overdue

Evening Standard

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Asda puts almost 300 jobs at risk and plans to move over 4,000 workers to lower-paid roles

The billionaire Issa brothers are also considering a £1bn merger of Asda and their EG Group

Birmingham Post

Billionaire Issa brothers 'exploring £13bn merger' of Asda and EG Group

The Issa brothers are also considering a £1bn sale of part of their US petrol station empire

Birmingham Post

Asda-owning billionaire Issa brothers 'eyeing £1bn sale' of US petrol stations

EG Group, whose brands include Euro Garages, Coopland and Leon, has over 6,600 sites across the world

Birmingham Post

Bon Accord Centre could be sold for around £10 million

Talks are understood to be at 'an advanced stage' with a brother of the billionaire Issa brothers

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New 24-hour Asda to open half a mile from another Asda store after petrol station demolished

EG Group have permssion to demolish the 'underperforming' Esso garage on Long Causeway, Farnworth,

Manchester Evening News

Scottish hydrogen HGV firm shifts into gear

Recent funding has led to a recruitment drive ahead of launches in the next few years

Insider UK

Asda to create 10,000 jobs over next four years in major convenience store push

Asda is owned by the billionaire Issa brothers, who also separately own EG Group, alongside TDR Capital

Birmingham Post

High fuel prices help profits rise at Issa brothers' EG Group

The billionaire brothers also separately own Asda alongside TDR Capital

Birmingham Post

Billionaire Issa brothers plot major Leon expansion across the UK

Leon currently has 65 coffee-to-go kiosks in EG’s stores on its forecourts and 33 in Asda

Birmingham Post

'Incensed' Asda workers balloted for strike action in pay dispute after Issa brothers private jets row

BusinessLive understands, from a person familiar with the matter, that commercial interest will be paid on the loans for the private jets which will be backdated

Birmingham Post

Made.com stops taking new furniture orders as firm faces collapse after rescue talks stall

Online furniture store made.com says it has been unable to find a buyer and has now stopped taking new customer orders, as the firm says talks to find a buyer have stalled

Daily Mirror

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Daily Record

Coffee chain Starbucks gets ready to open in West Lothian town

The company will soon open a drive-through and is recruiting baristas

Insider UK

EG Group invests £25 million into Scottish hydrogen truck firm

The latest investment follows £5m backing last year to help provide hydrogen power infrastructure

Birmingham Post

Billionaire Issa brothers' EG Group invests £25m in zero-emission vehicles firm

As well as Euro Garages, EG Group's brands include LEON, Cooplands and Cumberland Farms

Manchester Evening News

Plans to demolish petrol station to build new Asda store

EG Group, who operate the site in Farnworth, say the filling station is 'underperforming'

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Chronicle Live

New Asda store will be built at site of Sunderland petrol station despite local backlash

The Shell filling station on The Broadway will be replaced with a new 'top up' Asda

Manchester Evening News

Billionaire Issa brothers poach HS2 boss as they pledge 'laser-focus' on cost of living crisis

The brothers ran their first petrol station in Bury in 2001

Birmingham Post

Issa brothers 'laser-focused' on helping staff through cost of living crisis despite profits dip

EG Group has hired HS2's chief financial officer as its new CFO

Birmingham Post

Issa brothers-owned Asda 'in £450m bid for Co-op's petrol stations'

Asda was taken over by the Lancashire-based Issa brothers and TDR Capital last year

The National (Scotland)

'It's all I had': Scots reel as petrol station takes SIX delayed payments at once

CUSTOMERS at one Scottish petrol station have been left reeling after delayed payments saw some people hit with up to six transactions in one day.

Edinburgh Live

Customers at new East Lothian petrol station fume at 'payment blunders'

Some customers saw up to six transactions come off all at once weeks after they first visited the station and one said he had cancelled his bank card because he did not recognise the delayed charges

Birmingham Post

The top team running the EG Group empire that was founded by the billionaire Issa brothers

BusinessLive profiles the top team running EG Group

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