M&S chair: UK needs to muscle up to tackle cyber threats July 8, 2025 M&S chair Archie Norman has said the UK is probably underresourced to tackle cyber threats and needs to boost its security level to encourage investment. Speaking to lawmakers on Tuesday, Norman said that the UK is “just not resourced up to operate at [the US] level.” “It’s very advantageous if we in this country have [...]
M&S shares sink lower after failing to recover from cyber attack July 8, 2025 Shares in FTSE 100 giant M&S are now lower than they were at the height of the cyber attack that hit the British icon earlier this year. The retailer’s shares are currently changing hands for 337p, after declining steadily from their 374p price on 16 June. That price was itself a recovery from the low [...]
Burberry shares back in fashion after doubling in value to near FTSE 100 return July 7, 2025 Shares in Burberry have doubled in value in the space of just three months as the fashion label seeks a return to the FTSE 100. The fashion label’s market capitalisation has been on the rise after its shares fell to 654p on 18 April after having commanded a price of more than 1,200p on 7 [...]
Mike Ashley tightens grip on Hugo Boss amid dividend demand July 4, 2025 Frasers Group, the retail empire controlled by billionaire Mike Ashley, has tightened its grip on Hugo Boss after upping its stake. The owner of Sports Direct and House of Fraser has increased its shareholding in the German giant to in excess off 32 per cent. In a statement, Frasers Group said it “continues to consider [...]
More West End streets to be pedestrianised under Crown Estate plans July 3, 2025 Plans to pedestrianise more streets in London’s West End have been proposed via a partnership between King Charles’ property firm and a local authority. The Crown Estate and Westminster City Council intend to turn Regent Street St James’s into a traffic-free space while greatly enlarging the pedestrian area at Piccadilly Circus. The proposals also include [...]
Supermarkets hit out at government plans to cut calories from Brits’ baskets July 3, 2025 UK supermarket bosses have hit out at part of the government’s latest plans to reduce obesity in the UK, arguing that the strategy will up costs and won’t make any difference to public health. The government plans to set a new standard for products on supermarket shelves as part of its 10-year plan for the [...]
Bensons for Beds: ‘It would have been easy for staff to lose heart’ July 3, 2025 Bensons for Beds has admitted it “would have been easy” for its employees to “lose heart” during its latest financial year which saw the chain battle a worsening retail environment. The Lancashire-headquartered business paid tribute to its more than 1,800 members of staff for what it called a “strong set of results”. Those results, for [...]
Watches of Switzerland: Trump tariffs spark hike luxury timepiece prices July 3, 2025 Watches of Switzerland Group (WOSG) has warned scores of its products in America will see price increases due to Trump’s 10 per cent tariff on non-US goods. Its share price fell more than five per cent in early trades. The London-listed company, which sells luxury timepieces from Patek Philippe, Rolex, and Audemars Piguet – amongst [...]
Currys shares soar after retailer posts growth across divisions July 3, 2025 Electricals retailer Currys recorded a jump in cash flow as the firm out-performed competitors with growth across in-store and online sales. Currys posted profit before tax for the year ending May 3 2025 of £162m, falling in line with expectations of a 37 per cent increase pencilled in earlier this year. Net cash – the [...]
Gymkhana: World famous Indian restaurant leans into ‘fakeaway’ boom July 3, 2025 For years, the name “Gymkhana” has been synonymous with exquisite, two Michelin-starred Indian dining in London’s upscale Mayfair, a celebrity favourite, reportedly frequented by the likes of Ed Sheeran, Dua Lipa, and the Beckhams. Now, a pioneering venture, Gymkhana Fine Foods, is allowing home cooks to recreate that magic in their own kitchens. Launched in [...]