Retail sales beat expectations as shoppers continue spending spree September 20, 2018 Retail sales volumes beat expectations and rose 0.3 per cent in August as British shoppers continued to spend. The Office for National Statistics data showed sales jumped 3.3 per cent on August last year. There were increases across all sectors except food, clothing and petrol. Read more: Retail industry fears 'tipping point' amid looming business [...]
Retail sales beat expectations as shoppers continue spending spree September 20, 2018 Retail sales volumes beat expectations and rose 0.3 per cent in August as British shoppers continued to spend. The Office for National Statistics data showed sales jumped 3.3 per cent on August last year. There were increases across all sectors except food, clothing and petrol. Read more: Retail industry fears 'tipping point' amid looming business [...]
Nestle announces plans to put skin health unit up for sale September 20, 2018 Food giant Nestle today announced plans to sell or spin off its skin health business, prompting speculation the company could get rid of its €26bn stake in L’Oréal. The company said the move was part of efforts to sharpen its focus on food, beverage and nutritional health products, adding that opportunities for Nestle Skin Health were "outside [...]
Nestle announces plans to put skin health unit up for sale September 20, 2018 Food giant Nestle today announced plans to sell or spin off its skin health business, prompting speculation the company could get rid of its €26bn stake in L’Oréal. The company said the move was part of efforts to sharpen its focus on food, beverage and nutritional health products, adding that opportunities for Nestle Skin Health were "outside [...]
French Connection losses deepen as it rues tough trading environment September 20, 2018 Retailer French Connection said it was still on track to return to profitability by the end of the year despite reporting declining revenues. Its shares took a six per cent hit on Thursday morning after the update. The figures Group revenues took a 2.4 per cent hit to fall to £58.1m, as the company said [...]
French Connection losses deepen as it rues tough trading environment September 20, 2018 Retailer French Connection said it was still on track to return to profitability by the end of the year despite reporting declining revenues. Its shares took a six per cent hit on Thursday morning after the update. The figures Group revenues took a 2.4 per cent hit to fall to £58.1m, as the company said [...]
Spirit in the sky: City Pub Group sees profits jump after bumper World Cup summer September 20, 2018 Aim-listed pub landlord City Pub Group has posted a 73 per cent rise in pre-tax profit on the back of a bumper summer of good weather and a successful World Cup run. Profits before tax rose to £1.6m in the first six months of 2018, rising from £0.9m compared with the same period last year, [...]
Spirit in the sky: City Pub Group sees profits jump after bumper World Cup summer September 20, 2018 Aim-listed pub landlord City Pub Group has posted a 73 per cent rise in pre-tax profit on the back of a bumper summer of good weather and a successful World Cup run. Profits before tax rose to £1.6m in the first six months of 2018, rising from £0.9m compared with the same period last year, [...]
DEBATE: Is there a silver lining for consumers to the increased inflationary pressures? September 20, 2018 Is there a silver lining for consumers to the increased inflationary pressures? Emma-Lou Montgomery, associate director for personal investing at Fidelity International, says YES. A little inflation can be a good thing. It’s a sign of an improving economy, and it means that your debts – providing that your income rises in line with or [...]
DEBATE: Is there a silver lining for consumers to the increased inflationary pressures? September 20, 2018 Is there a silver lining for consumers to the increased inflationary pressures? Emma-Lou Montgomery, associate director for personal investing at Fidelity International, says YES. A little inflation can be a good thing. It’s a sign of an improving economy, and it means that your debts – providing that your income rises in line with or [...]