Autumn budget and inflation worries drag down consumer confidence September 18, 2025 Consumer confidence slumped in September as concerns about the state of the UK economy and the possibility of higher taxes weighed on Brits’ minds. Expectations of the state of the overall economy worsened to -36 in September, down from -32 in August, according to the British Retail Consortium. Brits’ personal financial situations also slipped to [...]
Health-conscious Brits lead Dash Water to record-breaking summer September 18, 2025 Health-conscious Brits are expected to have helped sales surge by almost half at soft drink brand Dash Water thanks to a record summer. The business, which is based in London, has revealed its revenue is forecast to jump by 45 per cent in 2025 to £42m. The business, which is based in London and was [...]
Ben & Jerry’s co-founder quits after being ‘silenced’ by Unilever September 17, 2025 Ben & Jerry’s co-founder Jerry Greenfield has quit the company on social activism grounds as he claims the ice cream brand has been ‘silenced’ by its parent firm. In a statement co-founder Ben Cohen shared on X, Greenfield said he was “profoundly disappointed” to “come to the conclusion that [the brand’s] independence, the very basis [...]
Grenade: Profit at protein bars brand wiped out September 17, 2025 Protein bars brand Grenade has slumped into the red after its sales were slashed and it diverted funds into investment projects. The business, which is owned by Mondelēz International, has reported a pre-tax loss of £237,763 for 2024 after having made a profit of £12.1m in the prior 12 months. New accounts filed with Companies [...]
Temu: UK sales and profit double as Shein court battle looms September 17, 2025 Sales and profit at the UK arm of Chinese online marketplace Temu almost doubled during its latest financial year, it has been revealed. For 2024, the division achieved a revenue of $63.2m (£46.3m), up from the $32.1m it achieved in 2023. New accounts filed with Companies House also show its pre-tax profit jumped from $2m [...]
Whittard of Chelsea brews up bumper funding deal with OakNorth September 16, 2025 Whittard of Chelsea has secured a bumper funding deal worth £12m with digital bank OakNorth “to support its continued growth and expansion”. The Oxfordshire-headquartered company said it is now “well-positioned” to build on its UK base and expand further into international markets such as China and the US. The funding news comes after Whittard of [...]
The Apprentice star gets £20m pay day after Lord Alan Sugar deal September 16, 2025 A star of hit BBC One show The Apprentice has enjoyed a bumper pay day to the tune of £20m for the year after buying out Lord Alan Sugar. Entrepreneur Susie Ma, who was a finalist on the 2011 series, took back full control of the company she founded in 2004 at the age of [...]
Sainsbury’s FTSE 100 shares highest since 2014 after Argos talks September 15, 2025 Shares in FTSE 100 supermarket giant Sainsbury’s have surged to their highest value in more than a decade after it held brief talks to sell Argos to Chinese e-commerce giant JD.com. Sainsbury’s share price has jumped by almost five per cent in early trades this morning to 322p. The value is the company’s highest its [...]
Pret A Manger ‘being punished for focusing on UK’ September 15, 2025 Pret A Manger is being punished for focusing on the UK and this is a “disaster for domestic growth”, according to the chief executive of drinking chocolate chain Knoops. Writing on LinkedIn, William Gordon-Harris said “the sad fact is for UK domestic growth is that so many UK founded businesses focus their growth after launch [...]
Aldi issues Budget warning as profit slashed September 15, 2025 Profit at discount supermarket giant Aldi was slashed by more than £100m during its latest financial year despite sales passing the £18bn mark. New figures released by the chain show its operating profit declined from £552.9m to £435.5m in 2024. Aldi said the fall was as a result of it continuing to “lower prices for [...]