JD Sports-owned Go Outdoors returns to profit but cuts more jobs October 27, 2025 Go Outdoors, the retailer owned by FTSE 100 giant JD Sports, returned to profit as it cut more jobs in the wake of Chancellor Rachel Reeves’ tax hikes, it has been revealed. The business said it has reduced its headcount as it “faced significant cost headwinds” including the increase in the National Living Wage, a [...]
JD Gyms eyes UK expansion after putting millions into refurbs October 27, 2025 JD Gyms is set to open its 100th gym in the UK as the chain muscles in on the 24-hour fitness sector and sets its sights on further expansion. The Wigan-based chain, which is part of the global retail group JD Sports Fashion, will mark the milestone with the launch in Enfield, north London, in [...]
Next expected to reveal sales momentum despite consumer pressure October 26, 2025 Next is expected to report further growth for the past quarter as the high street chain continues to shrug off the squeeze on consumer finances. Shares in the company lifted on Friday to a new record high as investors continue to buy into the group. The company has been a consistent bright spot across the [...]
Retail sales hit highest since 2022 in surprise boost for economy October 24, 2025 Retail sales jumped to their highest level since 2022 in September, boosted by sunny weather that drove a surge in demand for clothing. Fresh figures from the Office for National Statistics (ONS) showed retail sales were 0.9 per cent higher than the previous three months. Sales volumes climbed 0.5 per cent in September, a significant boost from [...]
Consumer confidence remains downbeat amid Budget wariness October 24, 2025 A small lift in consumer confidence over October has failed to take a leading index into positive territory amid fears that the upcoming Budget could damage personal finances. Labour has made boosting living standards a central mission in government while Chancellor Rachel Reeves has recently talked up plans to lower the cost of living for [...]
Brits prep for an expensive Christmas at the grocers October 23, 2025 Brits are prepping for high grocery spending this Christmas as food inflation continues to dominate daily concerns, according to new data. Consumers’ expectations over the next three months of their personal finances worsened to -11 in October, down from -7 in September, according to the British Retail Consortium. The corresponding metric, personal spending on retail, rose nine [...]
£1.9bn price tag makes JLR Britain’s most expensive cyber attack October 22, 2025 The cyber attack on Jaguar Land Rover (JLR) has been estimated to cost the UK around £1.9bn, in what experts are calling the most economically damaging hack in British history. Research from the Cyber Monitoring Centre (CMC), a non-profit group that tracks major cyber incidents, found that around 5,000 organisations across the country were affected [...]
Virgin Wines blames government for inflationary cost pressures October 22, 2025 Virgin Wines has said most of its cost pressures this year have been driven by government policy, including an alcohol duty revamp and a bottle tax. The online wine seller told markets that profit before tax dipped by five per cent to £1.6m in the 2025 financial year, despite flat revenue. CEO Jay Wright pointed [...]
Bodycare: Creditors to lose millions after retailer’s collapse October 21, 2025 Bodycare owed more than £30m when it collapsed into administration with the loss of around 1,400 jobs, it has been revealed. The high street health and beauty retailer fell over in September with an initial 32 stores closed and around 450 employees being made redundant. That move was followed a few days later when it [...]
Unilever: US government shutdown delays ice cream float October 21, 2025 Consumer goods giant Unilever has paused the launch of its ice-cream arm on New York’s stock exchange due to delays at the bourse’s security commission. The US government shut down at the start of October when Democrats and Republicans failed to come to an agreement on spending, with no end in sight. Unilever said the [...]