‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Gambling giant 888 says revenue down 10 per cent as new regulations hit hard October 18, 2023 Betting company 888 said its betting and gaming revenue dropped in the UK and Ireland even as average monthly users are on the up.
Premier Inn owner Whitbread launches another £300m share buyback as revenues soar October 18, 2023 Premier Inn owner Whitbread has announced plans to complete a new £300m share buy back scheme as it budget hotel business continues to rack in heft profits. The no frills hotel chain just completed an identical buy back at the start of October, but said it is in strong shape to launch a second consecutive [...]
More pain for punters: Wetherspoons meal could hit £30 by 2050 October 17, 2023 In 30 years time, the price of a cheeseburger in a London Wetherspoons may cost £19.00 and its all day brunch could cost nearly £28.
Revolution Bars: Weathering through ‘external headwinds’ October 17, 2023 Revolution Bars Group weathers through the year's "external headwinds" with an increase in total sales amongst preliminary results.
Frasers Group snaps up SportScheck in athletic shopping spree October 17, 2023 Frasers Group, said that the sale was backed by sport powerhouses Nike and Adidas who are assisting the business in its expansion strategy.
D&D: Bluebird Chelsea owner gets £40m boost from new investors October 16, 2023 The business behind such popular London haunts as Bluebird Chelsea and Coq d’Argent is set to be bought by investment firm Breal Capital and Byron Burgers chain owner Calveton, as it looks to raise funds following a challenging period for the hospitality sector. D&D London, which started out as Sir Terence Conran’s Conran Restaurants, said [...]
Mike Ashley’s Frasers Group raises Boohoo stake to 15 per cent October 16, 2023 Mike Ashley backed Frasers Group has once again raised its stake in online fashion brand Boohoo. The Sports Direct owner upped its share in the group from 13.4 per cent to 15.1 per cent. The fashion powerhouse, which also owns Jack Wills, has been rapidly increasing its stake in the popular clothing site. At the [...]
Santa’s every little helpers: Tesco to recruit 30,000 festive staff October 13, 2023 Britain’s biggest supermarket, Tesco, is the latest retailer to launch a massive Christmas recruitment drive, as it looks for 30,000 staff. The grocery giant said it was appealing to cash-strapped Brits, ranging from students and families, hit hard by the cost-of-living crisis, to those who stepped away from work during the pandemic and want to [...]
Amazon Prime Big Deal Days sees shoppers trim spending October 12, 2023 Protein shakes did well during Amazon's 'Prime Big Deal Days' event but analysts warn shoppers are tiring of discount days.
Ikea promises to cut furniture prices as costs start to ease October 12, 2023 Ikea has promised to pass on cost savings to customers by cutting prices over the next year as pressures in its supply chain start to ease. The company said that it has a “clear intention” to reduce prices this financial year, ending next August and will launch a sale at Easter for the first time. “Despite [...]