B&Q was founded in March 1969 in Southampton, England, by Richard Block and David Quayle, following the purchase and fitting out of a former furniture warehouse in the Southampton suburb of Portswood. Originally called Block & Quayle, the duo soon shortened the brand to B&Q as stock delivery notes and invoices were already unofficially abbreviating the name. By each working over sixty hour, six day weeks, they were able to repay their bank overdraft within six months of opening, with turnover reaching £1million within the first five years of operating. Following the departure of co founder Block in 1976, the chain
Quayle Munro announced that it would be delisting from the Stock Exchange to become a private firm. The move was designed to simplify the company's structure and streamline costs. Quayle Munro Quayle Munro is a merchant bank founded in Edinburgh, Scotland, in 1983. The bank specialises in corporate finance advice. In 2012 the firm moved its headquarters to London. The company was founded by Ian Quayle Jones and Michael Munro. Jones had previously been an executive director of the British Linen Bank and Munro a director of East of Scotland Investment Managers. The company was set up to provide 'professional financial services