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cost of living crisis

  • ‘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

  • Dunelm sales jump nine per cent rise as customers seek homeware value

    October 19, 2023

    Homeware retailer Dunelm reported a nine per cent rise in sales during its first quarter, as shoppers continue to splash out on bedding and curtains despite the cost of living crisis.  The cushions to candles provider said that total sales for the year came to £390m, thanks to demand for its autumn collection which included [...]

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