Dunelm sales jump nine per cent rise as customers seek homeware value October 19, 2023 Homeware retailer Dunelm reported a nine per cent rise in sales during its first quarter, as shoppers continue to splash out on bedding and curtains despite the cost of living crisis. The cushions to candles provider said that total sales for the year came to £390m, thanks to demand for its autumn collection which included [...]
Hollywood Bowl defies cost of living crisis with summer boost October 19, 2023 Hollywood Bowl has powered through the summer thanks to growing customer demand and a strategy of expansion. Despite some leisure activities taking a hit during the cost of living crisis, the ten-pin bowling operator said it has been an affordable activity for many in recent months. Prices range between £10.88 and £38.48. This strong customer [...]
Deliveroo holds guidance as UK revenue rises despite global dip October 19, 2023 Online takeaway platform Deliveroo has maintained its full year guidance for the year, as the company was bolstered by demand in the UK and Ireland. According to its third quarter update, the listed delivery app, said revenues in its UK and Ireland arm grew by a steady three per cent to £297m, but internationally it [...]
Resolution Foundation: Bank of England needs more firepower to fight downturns October 19, 2023 With debt rapidly rising, the think tank warned that the UK would quickly face an unsustainable debt burden without a fundamental reset of fiscal and monetary policy.
Sodexo threatens to cut £800m of contracts if net zero progress isn’t shown October 19, 2023 Sodexo has told its suppliers they must demonstrate tangible progress towards net zero by 2030 if they want to keep their contract.
Round Hill Music shareholders approve $469m sale to Concord October 19, 2023 Shareholders of London-listed Round Hill Music have overwhelmingly voted in approval voiced of a $468.8 sale to Alchemy Copyrights.
Record rent rises are an existential challenge for London’s future October 19, 2023 It shouldn’t come as a surprise to anyone who lives in London, but yesterday the capital clocked a record increase in private rental prices, with the cost of leasing a flat in the capital ticking up by 6.2 per cent in the year to September, up from 5.9 per cent in August. It is the [...]
Mark Kleinman: Why Barclays’ £1bn Telegraph bid won’t be the last word, Alison Rose’s next move and why no one wants to be chair of the BBC October 19, 2023 The must-read column from the man in the know, City Editor at Sky Mark Kleinman Barclays’s £1bn Telegraph bid not the last word Hold the front page: the Barclay family’s effort to lodge a knockout bid for The Daily Telegraph was timed like the arrival of a blockbuster newspaper story minutes before the final edition, [...]
Ladbible owner LBG expands in US market with $54m deal October 18, 2023 LBG Media, owner of popular digital entertainment channel Ladbible, has bought a US-based company for $54m as it expands its presence across the Atlantic.
Amazon to start drone delivery in the UK next year October 18, 2023 Amazon Prime's Air drove delivery service is set to expand into the UK in late 2024, the company confirmed today.