Business rates to hammer the West End: ‘This whole policy is nuts’ June 16, 2025 A rise in business rates for more expensive properties is set to hammer valuable areas like London’s West End, a leading investment firm has warned. The policy, which aims to bring down business rates for small properties by raising them for large properties, has been slammed as “unlikely to save the high street” and likely [...]
Dunelm’s ‘market-beating’ potential hailed as shares rocket June 16, 2025 Dunelm has been hailed as a “coiled spring” by London broker Peel Hunt amid rising sales and its shares rocketing in recent weeks. The Leicester-headquartered retailer, which is a member of the FTSE 250 index, a “clear moat” compared to its competitors due to a combination of more products, more active customers and a much [...]
Neal’s Yard Dairy: Profit fell before £300,000 cheddar heist June 16, 2025 Profit at London cheese specialist Neal’s Yard Dairy fell in the year before it fell victim to a £300,000 cheddar heist. The southwark-based company hit the headlines in October 2024 when fraudsters posing as legitimate wholesalers received the 950 clothbound cheeses from the business before bosses realised they were a fake firm. At the time, [...]
Motorway CEO: How I built my $1bn empire after a huge failure June 16, 2025 The co-founder and chief executive of used car marketplace Motorway has opened up about how he helped to build a $1bn empire from scratch following the biggest failure of his career. On an up-coming episode of City AM’s Boardroom Uncovered show, Tom Leathes also revealed how he and his fellow founders landed on the car [...]
Grenade: We invented ‘good’ protein bars June 16, 2025 It is difficult to walk around a supermarket without being screamed at by a collection of very similar labels on very different aisles: High-protein yogurt! Protein powder bread! All natural high-protein ketchup! As the final social-media-endorsed macronutrient standing, protein’s stock has soared from a good-to-have to a must-buy in the last decade. Somewhat inexplicably, Marks [...]
Nationwide to Greggs: King’s honours list champions UK business leaders June 14, 2025 Entrepreneurs and company chiefs in tech, recruitment and banking have been recognised for their contributions to UK business in the King’s birthday honours. Microsoft UK boss Clare Barclay and ceramics founder Emma Bridgewater, dubbed the “queen of pottery”, received damehoods for services to business. Nationwide chief executive Debbie Crosbie, who led a £2.3bn takeover of [...]
Aldi denied permission to appeal Thatchers court ruling June 12, 2025 Aldi has been denied permission to appeal against a court ruling that it infringed on the British cider brand Thatchers’ trademark with its cloudy lemon cider product. The Court of Appeal found against the discount supermarket giant in January after the family-owned cider maker launched a legal battle in 2022. Thatchers claimed that the supermarket [...]
Tesco is tightening its grip on the UK supermarket crown June 12, 2025 Tesco has boosted market share again as it outperforms peers in the ever-more competitive UK grocery space. In its first-quarter results this morning, the supermarket giant reported a 5.9 per cent uplift in food sales and a 6.2 per cent rise in home and clothing sales. Tesco now has 28 per cent of the UK [...]
Group owned by Dragons’ Den star Touker Suleyman makes just £3,000 profit June 12, 2025 A fashion brand owned by Dragons’ Den star Touker Suleyman made a profit of just £3,000 as it returned to the black in 2024, it has been revealed. The company behind Low Profile posted the pre-tax profit after reporting a loss of £2.6m in 2023. New accounts filed with Companies House also show that Suleyman’s [...]
Poundland sold for just £1 and handed war chest to lead recovery June 12, 2025 Poundland has been sold for just £1 to investment giant Gordon Brothers in a deal which will provide the discount retailer with a £80m war chest to turn around its fortunes. Pepco Group has entered into a definitive agreement with Gordon Brothers to sell Poundland which will continue to be led by chief executive Barry [...]