Shareholder revolt at All Bar One owner Mitchells & Butlers as one in three vote against chairman January 23, 2024 Almost one in three shareholders in All Bar One owner Mitchells & Butlers voted against the reappointment of its chairman at the group's annual general meeting.
City of London wins GUINNESS WORLD RECORDS title for longest padel playing marathon January 23, 2024 | City Talk The City of London won the GUINNESS WORLD RECORDS title for the Longest Marathon Playing Padel. The players, described as the ‘awesome foursome’, spent two days completing nearly 40 hours of continuous padel playing. In conjunction with The Lord Mayor’s Appeal City Giving Day, the title attempt raised funds for National Numeracy, MQ Mental Health Research [...]
B&M chairman Peter Bamford to step down after six years at the top January 23, 2024 The chairman of discount retail giant B&M is to retire later this year, it has been announced.
Central London Alliance calls for government to cut VAT for hospitality, tourism and leisure January 23, 2024 | City Talk Central London Alliance (CLA) calls on the Government to address the UK’s lack of competitiveness on the global tourism market, beginning with a cut to VAT for the hospitality, tourism and leisure industries. Figures from the Office of National Statistics (ONS) show that visits to the UK increased 112 per cent year-on-year, generating £30 billion [...]
London Oxford Street spend slips as pressure mounts to scrap tourist tax January 23, 2024 Bosses behind Oxford Street are piling fresh pressure on the government to scrap the tourist tax after visitors failed to splash the cash over the Christmas period. Dee Corsi, who heads up the New West End Company, said footfall grew three per cent over the holiday season but customers kept their purses shut, with spending [...]
It’s gin time: Aldi faces off with Marks and Spencer in court over light up bottle January 23, 2024 Aldi and Marks and Spencer are back in court today for round two of their fight over a light up gin bottle with gold flakes. Marks and Spencer launched an intellectual property legal action against discount supermarket rival Aldi back in 2021 over a gin. Marks and Spencer introduced a new line of gin based [...]
Marston’s: New pub boss says high costs are cooling after festive sales lift January 23, 2024 Pub chain Marston’s reported an eight per cent hike in sales in the four months to 20 January, as newly-appointed boss Justin Platt cheered a cooling to inflationary pressures. In a trading update, the historic boozer founded in 1834 said that for key festive days like-for -like sales leaped 9.6 per cent, and in the [...]
190 million mince pies sold as Mr Kipling-maker Premier Foods has best Christmas ever January 23, 2024 The St Albans-based listed firm reported a 14.4 per cent increase in sales on last year's third quarter, with major departments including grocery and sweet treats surging.
Boohoo parachutes in ex-Betfair and Zoopla CFO after incumbent quits January 23, 2024 Embattled fashion brand Boohoo has drafted in a new chief financial officer, formerly of Betfair and Boohoo, after the incumbent quit with immediate effect this morning.
Primark: Market share up as ABF thanks Rita Ora and late-arriving cold weather January 23, 2024 One in every seven pounds spent on clothing, footwear and accessories is now spent in ABF-owned Primark