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cost of living crisis

  • Rising costs fail to keep Brits from their cups of tea as Clipper owner posts record sales

    May 14, 2024

    Rising inflation has failed to get in the way of the British public and their cups of tea after the company behind Fairtrade brand Clipper reported record sales.

  • Poundland’s profit slashed despite sales rising by £200m

    May 13, 2024

    Poundland's profits were slashed by almost £33m during its latest financial year despite its sales rising by nearly £200m, it has been revealed.

  • Smiggle creates over 100 UK jobs as sales and profits edge up

    May 3, 2024

    Smiggle created more than 100 jobs as its UK revenue and profits edged up during its latest financial year, it has been revealed.

  • Hankook: Brits buying worse tyres because of cost of living crisis

    April 30, 2024

    The UK arm of global tyre giant Hankook has warned drivers are turning to lower quality products as they battle the cost of living crisis.

  • Wet Wimbledon fails to dampen profits at All England Club as sales hit new record

    April 29, 2024

    A rain-affected Wimbledon and continued cost-of-living concerns failed to impact profits at The All England Lawn Tennis and Croquet Club.

  • UK consumer confidence edges up after stagnant start to year

    April 26, 2024

    UK consumer confidence improved by two points in April, after laying stagnant in March. 

  • Sainsbury’s predicts profit to exceed £1bn as Aldi price-matching pays off

    April 25, 2024

    Supermarket Sainsbury’s expects profits to exceed £1bn this year as it continues to win shoppers with loyalty card and Aldi price matching schemes. 

  • Primark owner ABF raises dividend as markets ‘return to normality’

    April 23, 2024

    Primark owner Associated British Food (ABF) has raised its dividend following a strong set of results in the 24 weeks to 2 March. 

  • House prices fall as rents skyrocket by 9.2 per cent and outstrip wages

    April 17, 2024

    UK house prices fell by the least in eight months when the figure edged down by 0.2 per cent on an annual basis in February, against a 1.3 per cent decline in the previous month, the latest reading from the ONS has found. 

  • Asos ahead of schedule turning ‘stock into cash’ as revenue drops 18 per cent

    April 17, 2024

    Online retailer Asos said it was ahead of plan with its stock reduction process, as it ploughs ahead with its turnaround plan.

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