Reform business rates to keep food prices low, retail sector warns October 31, 2023 The rate at which food prices are increasing sank to its lowest level since last summer this month, as sector heads make fresh calls to the government to slash business rates to ensure the deceleration continues. According to the latest reading from the British Retail Consortium (BRC) food inflation came in at 8.8 per cent [...]
‘A few people tried to talk me out of it’: The Deutsche Bank analyst who opened up thriving Farmer J lunch chain October 31, 2023 Farmer J is on track to hit sales of c.£17m in 2023 and it has plans to open six more site launches next year.
London businesses pin hopes on Black Friday for sales boost after washout summer October 26, 2023 Black Friday, which starts on the 24th of November, is often seen as the start of the Christmas shopping period for many customers and high street stores.
We’re not performing warns new Unilever CEO as turnaround launched October 26, 2023 Boss Hein Schumacher said the outfit is not “reaching its potential” and productivity and returns have all “under-delivered”.
Wine sellers bottle it as middle-class customers scale back amid cost of living crisis October 25, 2023 Virgin Wines' chief executive officer, Jay Wright, is "confident" in the group's longer-term prospects — despite a 10 per cent drop in share price.
Soon-to-sell sofa chain ScS finds little comfort in cost of living Britain October 25, 2023 Sofa chain ScS has swung to a loss according to its preliminary results, with the soon-to-be acquired sofa chain blaming a challenging economic climate for the dip.
Britons dump working from home as soaring energy bills chase workers back into the office October 24, 2023 Recent research reveals that the cost of living crisis and soaring energy bills are pushing workers back to the office.
Scheme to plug London hospitality skills gap backed by Greene King and Marriot Hotels October 23, 2023 The government scheme which is backed by hospitality heavyweights including Greene King and Marriot Hotels will see them receive an industry recognised ‘Hospitality Skills Passport’.
Unilever: All eyes on Ben & Jerry’s maker’s progress after leadership shakeup October 22, 2023 Investors will turn their focus to Unilever’s third quarter on Tuesday results to see how the ice cream and deodorant maker is faring after a leadership shakeup. New chief executive Hein Schumacher officially took over from his predecessor Alan Jope back in July, telling investors at the time he wanted to see more of its [...]
UK economy: Retail sales crash as cost of living crunch continues to bite October 20, 2023 In an ominous sign for the UK economy, retail spending fell in September with analysts warning of a tough Christmas ahead