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  • Wickes on track to hit guidance for year despite near 40 per cent fall in profit

    September 12, 2023

    Wickes has said it continues to trade in line with expectations after recording a 0.7 per cent uplift in revenues to £827.7m, despite a near 40 per cent slide in profits before tax. The London-listed DIY and home improvement retailer was bolstered by sales in its Do It For Me (DIFM) offering, with sales up [...]

  • Lime watching IPO market ‘very, very closely’ as operator reports record results

    September 12, 2023

    The CEO of e-scooter giant Lime has said the company is watching the IPO market “very, very closely” ahead of a potential listing next year or the year after. Speaking to City A.M. Lime boss Wayne Ting said “what we want to see is tech IPOs happening and going successfully, and there’s great investor interest [...]

  • Grocery price inflation drops to its lowest level in over a year

    September 12, 2023

    Grocery price inflation dropped to its lowest level in over 12 months, falling 12.2 per cent for the four weeks to September, new data shows. 

  • ABF: Primark owner raises profit outlook as womenswear added to click and collect trial

    September 12, 2023

    Primark's owners ABF have bumped up profit guidance again after the value retailer's online shopping trials proved successful

  • A remarkable effort to turn grim tragedy into something positive

    September 12, 2023

    More than two decades on, the sheer visceral terror of the September 11 attacks continues to linger. Few working in the City then, in a world of global finance, did not know someone caught up by the assault on New York in some way. In the world before immediate smartphone communication, those were anxious days [...]

  • Primark results: ABF investors to see if digital push paid off

    September 11, 2023

    Primark owner ABF is set to publish its full year update tomorrow, with investors keen to see if the budget favourite will continue to impress.

  • This London dog pop-up is taking free dog portraits this weekend

    September 11, 2023

    If you’ve always dreamed of posing for a professional portrait with your dog, you’re not alone: according to new research conducted by Rover.com, 70% of Brits would pay for a professional ‘pawtrait’ if they could guarantee the perfect picture. This Saturday 16th and Sunday 17th, pet care company Rover.com, an online marketplace for dog walking [...]

  • RIP Wilko: How another high street chain went to the wall

    September 11, 2023

    After more than 90 years on the high street, Wilko and all its 400 stores will vanish by early October.  Its 12,500 staff were hoping that HMV owner Doug Putman would be able to close a rescue deal that would see several hundred stores saved.  But the Canadian entrepreneur abandoned talks with the high street [...]

  • Why Kitzbuhel is your must-book Austria ski holiday for 2024

    September 11, 2023

    Winning Kitzbuhel’s downhill ski race is seen by some as more prestigious than the Olympics. Simon Miller got his racing gear on… Kitzbühel hosts the maddest, most prestigious downhill ski race in the world but has plenty of cruising pistes as well. It has stunning restaurants and more than a few infamous party venues. And [...]

  • Wilko to shut all 400 stores, putting 12,500 jobs at risk

    September 11, 2023

    All 400 Wilko stores will shut, putting 12,500 jobs at risk, according to a statement from the GMB union.  Staff were informed about the development this morning and the group warned that it is now likely that all staff will be made redundant.  It comes after a deal to acquire around 100 Wilko stores by [...]

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