Last week's rejection of the planned pay packet for Moss and other executives by more than half of the company's shareholders made the embattled boss's position untenable and he said on Tuesday that he has resigned with immediate effect.
EasyGym, opened last summer by EasyJet founder Sir Stelios Haji-Ioannou, has yet to expand beyond its two UK sites. Nuyuu, launched in 2009, was a budget gym chain backed by the private equity investor James Caan.
Oil trading house Gunvor has announced a deal to buy another refinery from Petroplus, the bankrupt Swiss refiner, the latest move in a shift by commodity traders from their role as market middlemen towards vertical integration.
Michael Laverty became the seventh different race winner from eight races in the second MCE Insurance British Superbike Championship race at Snetterton as Samsung Honda celebrated their second victory of the season.
Singapore Airlines became the latest flag carrier to signal poor prospects for the year after warning that intense competition, high fuel prices and an “anaemic” economic outlook would hit operating profit.