Lookers
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People News 6 Jan
Lookers appoints Anna Bielby as new chief finance officer
Lookers has filled the chief financial officer role left vacant since February last year with Anna Bielby, formerly of PwC and CFO of telecoms company KCOM Group.
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Car Dealer News 5 JanLookers reviews remuneration policies after shareholders’ revolt
Lookers has said that it will continue to “review the appropriateness of the remuneration policy” following a shareholders’ revolt over the £450,000 pay packet of chief executive Mark Raban.
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Car Dealer News 9 DecFinance compliance veteran joins as Lookers seeks new CFO
Lookers has appointed Yorkshire Building Society chief financial officer Robin Churchouse as an independent non-executive director and chair of its Audit and Risk Committee, Remuneration and Nomination Committees.
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Car Dealer News 25 NovFinancial probe leaves Lookers with £87 million profit swing
Lookers has finally been able to publish its 2019 financial results which show a £87.4 million swing into pre-tax losses caused partly by past financial overstatements.
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Latest News 20 NovSytner, Lookers, TrustFord and NFDA lobby NI MPs on Brexit VAT hikes
Business leaders from AM100 franchised car retailers Sytner, Lookers, TrustFord have joined the NFDA in lobbying Northern Ireland MPs on a Brexit tax issue which could result in a 20% price hike for used cars.
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Car Dealer News 11 NovLookers launches recruitment drive to fill 180 apprentice roles
Lookers has said that the launch of a recruitment drive to take on largest-ever intake of apprentices in 2021 is a sign of its “confidence and ambition for the future”.
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Acquisitions and deals 19 OctCitygate Automotive acquires Lookers’ West London Škoda car dealership
Citygate Automotive has completed the acquisition of Lookers’ West London Škoda dealership for an undisclosed sum.
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Opinion 16 OctLookers to publish 2019 results in November after 13.6% Q3 cars sales growth
Lookers has reported that trading in Q3 resulted in underlying PBT “significantly ahead of last year” to largely offset losses recorded in a COVID-19 impacted first half of 2020.
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Car Dealer News 15 SepLookers re-opens Stockport Renault dealership 12 months after fire
Lookers has officially re-opened the doors to its Renault dealership in Stockport – 12 months after a blaze that devastated the site.
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Car Dealer News 20 Aug£1bn sales drop as Lookers delays accounts again for finance probe
Lookers' aim to present its 2019 financial results in August has been derailed by financial investigations, while lockdown lost it £1 billion sales in H1.
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Car Dealer News 22 JulPentagon and Charles Hurst Vauxhall dealerships on the move
Pentagon Motor Group and Charles Hurst Group are both moving Vauxhall dealerships as they look to maximise their use of space to accommodate the PSA Group-owned car brand.
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Car Dealer News 1 Jul
Lookers share trading suspended after fraud probe delays 2019 results
Lookers has requested that the listing of its ordinary shares be temporarily suspended, pending publication of its 2019 annual financial results.
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Car Dealer News 29 Jun
Lookers fraud probe reveals £19m accounts ‘black hole’ amassed over several years
The investigation into fraud at Lookers has exposed a £19 million ‘black hole’ resulting from overstated supplier bonuses, fraudulent expenses claims and the inconsistent application of policies, processes and accounting standards.
