Mortgage approvals hit six month high in fresh boost for house buyers January 30, 2024 Mortgage approvals rose again last month and climbed to the highest level in six months, in the latest signal that lower borrowing costs are helping aid recovery in the property market. New figures from the Bank of England show the number of buyers receiving a green light grew from 49,300 in November to 50,500 in [...]
Pets at Home issues profit warning after retail sales fail to grow as predicted January 30, 2024 Pets at Home has warned its profits will not be as high as previously forecast after its retail sales faulted.
Diageo: Glass half-empty as Latin American horror show continues for Guinness maker January 30, 2024 Guinness maker Diageo has reported a further decline in earnings in the interim period, as consumers cut back on top shelf booze
Hunt should listen to business leaders on the costly tourist tax January 30, 2024 Can a relatively small change to VAT laws really cost the country as much as West End retailers suggest? To the many of us who don’t choose our next weekend break on the back of a tax-break on our next Gucci handbag, the idea seems ludicrous. But there is a reason so many retailers and [...]
Tourist Tax: M&S and Primark urge Jeremy Hunt to ‘think again’ as £11.1bn wiped of GDP January 30, 2024 Business leaders are piling fresh pressure on the government to scrap its controversial tourist tax as data shows it is eating away at UK GDP and banishing international visitors.
Shop price inflation drops as supermarkets slash costs January 30, 2024 Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices.
Flutter: The house always wins but can Fanduel’s gold rush last? January 29, 2024 Flutter’s secondary listing today has pleased investors but it will need to fight for its future amid a fiercely competitive US market.
Mike Ashley’s Frasers continues expansion with move into former John Lewis site January 29, 2024 Mike Ashley’s Frasers Group will move into the former John Lewis space at Invesco’s £202m shopping centre in Queensborough, as it pushes ahead with expansion plans.
Superdry restructure could mean store closures and job losses January 29, 2024 Embattled British retailer Superdry is plotting a major restructuring which could see stores closed and jobs cuts after reporting weak sales.
Shares in manufacturer Chill Brands plunge as it hits back at Sunak plans to ban disposable vapes January 29, 2024 Chill Brands Group has said its existing vape products are excluded from government plans to ban disposable vapes.