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cost of living crisis

  • Mulberry blames tourist tax and slowdown in luxury demand for falling sales

    January 17, 2024

    British fashion house Mulberry has blamed a slowdown in demand for luxury spending for a nine per cent decline in sales over the golden quarter.

  • TGI Fridays owner posts flat earnings as Christmas holidays boost revenue amid cost-cutting drive

    January 16, 2024

    Owner of chain restaurant TGI Friday’s said revenues were flat during the second half of the year, amid a cost cutting drive for the group. 

  • Houthi strikes: Drone and missile launch sites destroyed, Rishi Sunak tells MPs

    January 15, 2024

    Drone and ballistic missile launch sites were destroyed in “carefully targeted” strikes by Britain and the US in Yemen last week, Rishi Sunak has told MPs.

  • Superdrug market share hits 10-year high as savvy shoppers boost sales

    January 15, 2024

    High street chemist Superdrug now holds 40 per cent of the mass market share in cosmetics, as shoppers seeking out cheaper beauty alternatives help propel sales.

  • Fragrance Direct predicts return to growth after ‘challenging year’

    January 15, 2024

    Fragrance Direct has said it expects its performance to improve over the coming months after blaming its fall in sales on a number of factors including the cost-of-living crisis.

  • A sign of the times: Pawnbroker Ramsdens cheers ‘milestone’ year as cash-strapped Brits flog valuables

    January 15, 2024

    Pawnbroker Ramsdens recorded ‘milestone’ full year profits as it was helped by Brits flogging their goods amid the cost of living crisis.

  • Fortnum and Mason heralds ‘resurgence of shopping in real life’ as it sells 700k packets of posh biscuits

    January 11, 2024

    Fortnum & Mason sold over 700k packets of posh biscuits over Christmas, as shoppers traded up over the festive period. 

  • Sadiq Khan to claim ‘hard-line’ Brexit has cost the capital 300,000 jobs

    January 11, 2024

    Sadiq Khan is set to warn Brexit has hit London’s jobs market, claiming the capital has lost 300,000 jobs as a result of the departure from the EU

  • Tesco: Britain’s biggest supermarket raises profit guidance as shoppers trade up over Christmas

    January 11, 2024

    Britain’s biggest supermarket Tesco has upgraded its profit guidance for the year off the back of a strong Christmas performance. 

  • Junkyard Golf Club continues to create jobs despite cost-of-living crisis

    January 10, 2024

    Junkyard Golf Club continues to expand and create jobs despite rise in costs.

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