Hollywood Bowl to strike lucky despite cost of living pressures Hollywood Bowl Hollywood Bowl is expected to present investors with strong profits amid a period of strong demand from Brits for leisure activities despite the cost of living crisis. The operator of bowling alleys and mini golf will announce its full year results on Monday, not long after one of its closest rivals Ten Entertainment was taken [...]
Cost of living pressures set to ease as inflation tipped to fall again Cost of living Cost of living pressures facing households are set to ease, as experts predict inflation will fall below wage growth for the first time since last April. Official figures out on Tuesday are tipped to show that wage growth hit 7.4 per cent in the three months to June on an annual basis, up from 7.3 [...]
Three-quarters of HR leaders say cost of living pressures impact staff performance WELLBEING Research has found that 74 per cent of HR leaders fear the cost of living crisis is affecting employee performance.
Use of community lenders rises as cost of living pressures see more refused loans elsewhere May 17, 2023 Community lenders saw a 22 per cent increase in customers in 2022 as the deteriorating economic environment helped exclude ever larger numbers from the traditional financial sector. According to new figures from Responsible Finance, community development finance institutions (CDFIs) increased total lending by 20 per cent in 2022 to £248m, reaching 94,744 customers. The majority [...]
John Lewis boss: Shoplifting up over 20 per cent due to cost of living pressures July 16, 2023 The boss of John Lewis said today that shoplifting has increased over 20 per cent across the high street over the past year blaming the cost of living crisis for the rise in the crime. Speaking to the BBC on the Sunday with Laura Kuenssberg show, boss Sharon White said she was surprised to not [...]
London businesses sweat over UK recession risk as experts warn on cost of living pressures February 28, 2023 Uncertainty over whether the UK economy will tip into recession this year has led London businesses to sweat over their finances this year, a closely watched survey out today reveals. Optimism among the capital’s companies slid 19 points in February to 18 per cent, arresting a steady upward rise in confidence, according to Lloyds Bank’s [...]
Banks called on to extend pandemic era support to vulnerable customers as cost of living pressures mount January 22, 2023 British banks are being called on to extend support offered to customers during the pandemic as the cost of living crisis increasingly affects vulnerable customers. A new report from Fair4All Finance – a government-backed financial inclusion body – found that “unprecedented” support from banks significantly helped customers during Covid-19 with “no detrimental impact on bottom [...]
DFS shares up as sofa giant records rise in orders despite cost of living pressures January 13, 2023 Sofa retailer DFS has recorded a rise in orders over the latest quarter, as it hailed improving demand from customers despite pressures from the rising cost of living. It came as the retailer said that orders dropped 4.8% over the half-year to December 25, compared with the same period last year. However, the company said this included [...]
UK set to cut food tariffs to ease cost of living pressures June 30, 2022 The UK is set to cut tariffs on imported food in a bid to ease the cost of living crisis, Boris Johnson has said. The Prime Minister said products the UK does not produce – like oranges, rice, olives and bananas – could see price cuts in the coming months by slashing tariffs on foreign [...]
Issa brothers’ EG Group posts subdued profit due to cost of living pressures on consumers September 1, 2022 The Issa brothers’ EG Group has posted subdued profit for the second quarter, as the petrol station forecourt operator said “the cost-of-living squeeze remains front of mind for all of us.” EG Group saw group EBITDA slump 6.5 per cent to $355m (£308m), for the three months to 30 June, it shared on Thursday. The [...]