Revolution Bars shoots down Nightcap takeover bid as ‘incapable of being delivered’ May 28, 2024 Hospitality chain Revolution Bars has said a possible takeover by peer Nightcap is “incapable of being delivered”.
Inflation: Shop price hikes slow again in good news for Sunak and Tories May 28, 2024 Shoppers have benefited from retailers cutting prices to reignite consumer demand, according to new figures.
Boohoo shareholders ‘furious’ at ‘outrageous’ boss bonuses May 27, 2024 Shareholders at Boohoo Group will reportedly revolt over a decision to hand top bosses one million pound bonuses, despite the company reporting a £160m loss.
Dame Sharon White: Government should be talking about ‘falling apprenticeships’ following Sunak’s plans for mandatory national service May 26, 2024 Dame Sharon White, the head of John Lewis, has said the government should be talking about skills, and why apprenticeships are falling' following an announcement that Rishi Sunak would introduce national service if he was elected at the upcoming general election.
Dr Martens set for plunge in profit as US business stumbles May 26, 2024 Bootmaker Dr Martens is expected to post tumbling profit and revenue amid weakness in the US, its biggest market.
‘Customers can’t afford to pay’: Fears for London’s hospitality scene mount before general election May 25, 2024 Fears for London’s hospitality scene are mounting among restaurant and pub owners, as many reveal they are still trading below pre-pandemic levels due to red hot supply costs and pressures on consumer spending.
Call that a pint? Over two-thirds of beer served in pubs is short measured May 24, 2024 More than two-thirds of beer and wine served in UK pubs and bars is short measured, a survey by Trading Standards suggests.
Rise in consumer confidence gives hope for summer spending boost May 24, 2024 UK consumer confidence rose by two points in May in a sign that Brits are becoming increasingly hopeful about their financial position ahead of the summer months.
Taking the biscuit: Oreo maker Mondelez fined £287m by EU for cross-border trade curbs May 23, 2024 Oreo maker Mondelez has been fined £287m (337.5m euros) by EU antitrust regulators for impeding cross-border trade of chocolate, biscuits and coffee products between EU countries.
Tate and Lyle reaches sale agreement of American subsidiary May 23, 2024 Tate and Lyle has reached agreement with KPS Capital Partners for the sale of its remaining stake in Primient, an American subsidiary of Tate and Lyle. The firm said after the sale of its near 50 per cent stake, net cash proceeds, after tax and transactions costs, are expected to be around $270m (£215m). The [...]