Boohoo share price soars as profits halve: Brits ditch fast-fashion and head back to the high street May 16, 2023 Online fashion retailer Boohoo said its profits halved, as the cost of living crisis continues to hit consumers’ spending and Brits flock back to physical stores. Pre-tax profits for the group halved during the 12 month period ended 28 February 2023 to £63.3m, down 49 per cent, with revenues dropping 11 per cent to £1.77bn. [...]
UK isn’t alone in this recession merry-go-round – just look at Europe May 16, 2023 It’s worth remembering that Britain isn’t some sort of pariah in the rich world that’s undergoing a tough economic slump, which is threatening to extend the growth slow down since the 2008 financial crisis. Europe’s major economies, led by Germany, its powerhouse, are also in the teeth of a slump. Numbers out last week revealed [...]
Royal Mail delivery target failures to be investigated by Ofcom – and a fine could be dished out May 15, 2023 Regulator Ofcom said it has launched an investigation into Royal Mail’s failure to meet its delivery targets in the past year – and could hand out a fine. The British delivery firm fell short of its performance targets across the 2022 to 2023 financial year for first and second class mail and deliveries. Some 73.7 [...]
Protect your business should the worst happen May 15, 2023 | Sponsored Since the retreat of the Covid-19 pandemic and the winding down of the government furlough scheme, HMRC has secured funding in order to focus on setting prosecution targets in relation to both on- and off-shore activity. With record numbers of criminal tax investigations, and prosecutions being brought, it is prudent to ensure your business has appropriate access [...]
Pula: Croatia’s sunshine city has a new must-see attraction May 15, 2023 The renovation of one of Pula’s grandest hotels means now’s the time to visit, says Karen Harvey Croatia is a relatively new country still finding its feet, but let me tell you, it has more to offer than just the sunshine we all expect. Having broken away from the former Yugoslavia and its communist rule [...]
Bitcoin gains a foothold after last week’s stumble May 15, 2023 The price of Bitcoin is trading firmly above $27k this morning, with Ethereum back up above the key level of $1.8k.
Why You Should Wear The Green Ribbon For Mental Health Awareness Week May 15, 2023 | Sponsored It has long been understood that a healthy workforce is a more productive workforce with mental health now a key part of the conversation. Organisations are forever innovating when it comes to finding new ways to help support their staff to thrive at work. If, however, there is a common thread that is required to [...]
Calls for a social tariff obscure wider energy issues May 15, 2023 Energy bills will finally fall this summer after nearly 18 months of sustained hikes, softening a painful cost of living squeeze for millions of Brits. This year’s drop in wholesale gas prices on the spot market, thanks to Europe’s successful scramble for supplies last winter and China’s flagging economic growth, will soon be reflected in [...]
Why Horwood House in Buckinghamshire is a perfect country-chic break May 14, 2023 These manicured hotel grounds are perfect for spring, finds Libby Brodie THE WEEKEND: Imposingly sat in the rolling green of Buckinghamshire’s countryside, Horwood House is a Grade II listed manor which has just undergone an extensive £6-million, 18-month long facelift. There is plenty to discover nearby and in half an hour you can be facing [...]
Why the Bawah Reserve in Indonesia is your must-visit hotel hideaway May 14, 2023 “If you want attention, just lower your coconut,” grins the enthusiastic, affable young man who’s just showed me and my boyfriend to our villa. I don’t lower my coconuts for just anyone, but it turns out he’s telling me how my Do Not Disturb sign works, Bawah-style: it’s a pulley system attached to a coconut [...]