Cheap and cheerful: Poundland owner to open 550 new sites as inflation drives expansion June 6, 2023 Poundland owner Pepco has plans to roll out 550 more sites this year across the UK and Europe as its cheap and cheerful goods continue to perform well with customers amidst the cost of living crisis. In its interim results the value shop, which sells everything from groceries to clothes, posted a 22.8 per cent [...]
Minister of State for Culture ‘worried’ about Phillip Schofield’s health June 6, 2023 The Minister of State for Digital and Culture has said she is concerned about the mental health of Phillip Schofield. Schofield left his job at This Morning last week after admitting to a workplace affair with a 20-year-old runner and has been accused of an abuse of power. ITV is investigating following further claims of [...]
Navigating Nordic M&A in 2023 June 6, 2023 | City Talk At a recent event in Copenhagen, panellists met to discuss the headwinds and tailwinds affecting dealmaking in the Nordics. The conclusions? While inflation and higher interest rates will continue to challenge the market, realism and strategic discipline should help drive M&A in the region in the months ahead. Inflation and interest rates The record rate [...]
James May: Top Gear’s future and my real relationship with Jeremy Clarkson June 6, 2023 He’s one third of the controversial team behind The Grand Tour and Top Gear. Adam Bloodworth speaks to James May about being woke, Freddie Flintoff’s accident and working with Jeremy Clarkson “I’ve put my foot down about that,” declares James May, a handful of M&Ms in hand. “I’ve had a stern word. Stop dressing me [...]
Amanda Holden takes swipe at Holly Willoughby by mimicking her This Morning speech June 6, 2023 Amanda Holden has been making subtle digs at both Holly Willoughby and Phillip Schofield over the last couple of weeks following the news that Schofield has left This Morning over an inappropriate workplace relationship. Holden at first tweeted a muscle arm emoji when Schofield announced he was leaving the show, and this morning she mimicked [...]
Gary Gensler’s ongoing dogfight with crypto rattles digital asset markets June 6, 2023 Bitcoin is down more than 4% this morning, while Ethereum is in the red by around 3% as the SEC's case against Binance hits markets.
BAT: Lucky Strike maker has 900,000 new customers in vape and e-cigarette shift June 6, 2023 Lucky Strike maker British American Tobacco has seen its share price jump this morning after its new chief executive predicted a three – five per cent rise in organic revenue this year thanks to its decision to ramp up investment in cigarette alternatives. Its shares rose 1.26 per cent when markets opened this morning, as [...]
Cost of weekly shop continues to rise as Brits opt for TV nights in June 6, 2023 Brits are continuing to fork out more on their weekly shop, with households spending 8.9 per cent more on groceries year on year, with the nation increasingly turning to takeaways and nights in front of the telly in efforts to cut down on spending costs. During May, consumer card spending rose just 3.6 per cent [...]
Investment slump amid higher interest rates risks finally sparking UK recession June 6, 2023 A mix of factors are buffeting the UK economy right now. Spending power is being crushed by high inflation eroding family finances. House prices are coming off their heady heights as sellers drop prices to source buyers amid higher mortgage rates. External demand is thinning in response to weak consumer confidence amid a global cost [...]
Tory MPs slam Labour over move to hire former Extinction Rebellion lawyer June 5, 2023 Conservative MPs have slammed the Labour Party over its decision to hire a former Extinction Rebellion lawyer as a senior political advisor.