The Notebook: Emma-Lou Montgomery on retail’s not so cheery Christmas December 4, 2023 Where the City's movers and shakers get a few things off their chests. Today, Emma-Lou Montgomery, financial commentator at Fidelity, takes the pen.
Honest Burger locks horns with HMRC over tax bill December 3, 2023 Posh fast food chain Honest Burger was locked in a legal dispute with HMRC after a plea to get an extension on paying a tax bill was ignored, it has been revealed.
William Hill owner rejected £700m takeover bid from Playtech December 3, 2023 The owner of betting giant William Hill reportedly rejected a £700m takeover offer from sports-betting software firm Playtech this summer.
How Wilko is returning to high streets just months after its dramatic collapse December 1, 2023 Wilko has returned to the high street with two new shops just months after the collapse of the historic retail chain. On Friday, the brand opened stores in Plymouth and Exeter as it relaunched following its dramatic failure. Earlier this year, the retailer shut its 400 UK shops after tumbling into administration in the face [...]
Regatta: Questions asked after Chinese prisoner’s ID reportedly found in lining of coat at UK sale December 1, 2023 Regatta is in the spotlight as concerns are raised after a Chinese prisoner’s ID was reportedly found in a customer’s coat lining. The coat was purchased by a woman in Derbyshire as part of the British coat brand’s Black Friday sale, the Guardian reported today, but what she received wasn’t quite what she was expecting. [...]
Hope for MSG Sphere in London as Michael Gove brushes off Sadiq Khan’s snub December 1, 2023 The MSG Sphere development set for East London has received a lifeline after levelling-up secretary Michael Gove has intervened.
London high streets get pre-Christmas boost December 1, 2023 The number of people hitting the high street in London grew in November, according to the latest footfall statistics, as the capital gears up for a much needed festive boost. A new reading from the British Retail Consortium (BRC) shows that footfall in London reached -0.4 per cent in November down from -2.9 per cent [...]
City officials encourage local spending ahead of Small Business Saturday December 1, 2023 The holiday season might not be as reliable as it once was for small businesses, new research suggests, but optimism seems to persevere within the City as peak trading season approaches. While 61 per cent of small businesses, surveyed on behalf of American Express, have said the festive season has yet to be the same [...]
Mitchells & Butlers: All Bar One owner toasts ‘record year’ despite battling high costs November 30, 2023 All Bar One owner Mitchells and Butlers (M&B) said that like for like sales grew to a record 9.1 per cent during the full year, as the chain toasts a strong performance. The no frills dining and pub chain, which also owns Toby Carvery, said that adjusted operating profit increased by 17.6 per cent, despite [...]
Dr Martens share price plummets 26 per cent after another slump in sales November 30, 2023 Another slump in sales has turned all eyes to Dr Martens today as the London-based bootmaker reported a 5 per cent dip in revenue, despite investors hoping for signs of turnaround. Dr Martens saw a revenue decline to £395.8m in the six months to September 30 as it continued to battle weakness in its US [...]