‘Brand thieves’: Easyjet’s parent firm takes legal action against UK band Easy Life October 3, 2023 Easyjet’s parent company Easygroup is suing a Leicestershire band over the use of ‘easy’ in its name. The artist called Easy Life has said the airline’s biggest shareholder is taking legal action against it, with the aviation giant insisting it has chased numerous similar cases in the past. Easy Life is a five-member band formed [...]
Heathrow Airport to trial security booking slots in bid to cut wait times October 3, 2023 Heathrow Airport has launched a six month free trial allowing passengers to pre-book slots at security, in a bid to reduce wait times.
Meta: Facebook and Instagram owner plans to charge European users October 3, 2023 Meta, the parent company of Instagram and Facebook, is reportedly planning to charge European users up to $17 (£14) per month for an ad-free subscription tier. The Silicon Valley powerhouse could offer ad-free Instagram and Facebook for paying subscribers while users wishing to hang onto free access must agree to targeted ads based on their [...]
Aurelius: Lloyds Pharmacy owner joins race for The Body Shop October 3, 2023 The owner of Lloyds Pharmacy, Aurelius, is understood to have joined the race to buy ethical cosmetics brand The Body Shop, as it looks to change hands again for the third time in five years. The investment company has joined Epiris, the private equity firm, and Elliott Advisors, the owner of Waterstones in the bidding [...]
Crypto markets retrace following short-lived rally October 3, 2023 Bitcoin and other cryptocurrencies have retraced since yesterday’s rally but the market leader continues to trade around $27.5k.
DX Group: Under offer logistics firm’s profits jump as EV investment drive continues October 3, 2023 Under offer logistics firm DX Group reported a jump in full-year profits as it continued to expand its network of depots across the UK and invest heavily in its electric vehicle (EV) fleet. The group, which offers services including logistics and parcel freight, saw pre-tax profits rise by a third to £26.8m, while revenues increased [...]
Boohoo warns of further sales falls as tough buyer market takes its toll October 3, 2023 Fast fashion giant Boohoo’s said its revenues fell by 17 per cent in the six months to August to £729m, and warned of further sales falls in the year ahead. The online shopping brand, which has been undergoing a turnaround plan, said that in the year ending February revenues could slip by between 12 to [...]
Tortilla weathers strikes and inflation as expansion drives 22 per cent revenue spike October 3, 2023 Tortilla Mexican Grill revenues jumped 22 per cent year-on-year to £32.7m as the fast-casual group continued to expand its sites across the UK. The popular Mexican chain reported a slight dip in pre-tax earnings amid headwinds from inflation and rail strike action and swung to a £600,000 loss, down from £300,000 profit last year. However [...]
All night long: Greggs feels benefit of evening opening hours October 3, 2023 Sausage rolls are proving a hit long into the evening as high street baker's longer opening hours begin to pay off
Food inflation lowest level since last August, as supermarket price wars pay off October 3, 2023 The rate at which food prices increase has fallen to 9.9 per cent in September, down from 11.5 per cent the prior month, and the lowest level since last August, in the latest signal that cost of living pressures customers face at the till are beginning to ease. Shop price annual inflation is now also [...]