‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Deliveroo holds guidance as UK revenue rises despite global dip October 19, 2023 Online takeaway platform Deliveroo has maintained its full year guidance for the year, as the company was bolstered by demand in the UK and Ireland. According to its third quarter update, the listed delivery app, said revenues in its UK and Ireland arm grew by a steady three per cent to £297m, but internationally it [...]
Costar set to make £100m bid for Onthemarket – report October 18, 2023 Property site Onthemarket could be subject to a £100m takeover bid as early as tomorrow, according to a report.
Amazon to start drone delivery in the UK next year October 18, 2023 Amazon Prime's Air drove delivery service is set to expand into the UK in late 2024, the company confirmed today.
No-shows at pubs, restaurants and bars double October 18, 2023 Pubs, bars and restaurants have seen the number of customer no-shows double over the past year, according to new figures. About one in eight reservations is not being honoured, with customers also not telling venues they need to cancel, research by industry experts from Zonal and CGA by NIQ has revealed. It comes amid a [...]
Royal Mail delivery disasters continue amid reports of delays and lost letters October 18, 2023 Ofcom could fine Royal Mail after it failed to deliver on postal targets across the whole of the UK this summer.
P&G tops profit estimates on pricing boost, resilient demand October 18, 2023 Procter & Gamble (P&G) topped market expectations for quarterly sales and profit on Wednesday, benefiting from higher prices as well as steady demand for its personal care products and cleaning supplies. While P&G’s moves to consistently raise prices over the past several months have dented sales volumes with some cost-conscious shoppers turning to cheaper alternatives, [...]
Jump in business rates could be ‘final nail in coffin’ for many pubs and shops, sector warns October 18, 2023 The chief executive for UKHospitailty said the latest inflation reading and could be a “final nail in the coffin" for many businesses
Credit insurer cover cuts leave retail sector reeling October 18, 2023 Credit Insurers have been dragged into the spotlight after it emerged that they have pulled cover on a host of some of the country’s biggest retailers over the past few months. Both Boohoo and Asos have been hit by insurers withdrawing cover on their transactions. Over the summer, it was revealed that Allianz Trade, formerly Euler [...]
MPs to grill British Museum director and George Osborne over stolen artefacts October 18, 2023 The former chancellor, who is chairman of the British Museum trustees, and Sir Mark Jones, interim director of the body, will appear before the Culture, Media and Sport Committee (CMS) on Wednesday.
Just Eat raises profit guidance thanks to takeaway fiends in UK and Ireland October 18, 2023 Just Eat reported a five per cent growth in gross transaction value (GTV) in the UK and Ireland, while in Northern Europe it grew six per cent.