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cost of living crisis

  • More retail misery as Brits’ spending shrinks to lowest level in three years

    June 4, 2024

    May proved to be another miserable month for retailers, as cash-strapped Brits said no to treating themselves in the face of rising bills and unfavourable weather. 

  • Interflora’s losses widen as flower delivery giant attempts ‘boldest pivot in 100-year history’

    May 28, 2024

    Losses widened at the UK arm of flower delivery firm Interflora widened its pre-tax losses last year, as the firm continued to struggle with customers spending less.

  • Losses mount for Lebanese restaurant group Comptoir

    May 21, 2024

    The group behind Lebanese restaurants Comptoir Libanais and Yalla Yalla has reported losses of £1.6m, following what bosses describe as a year of “erratic” footfall and soaring costs.

  • Losses widen at Café Rouge, Bella Italia and Frankie and Benny’s owner The Big Table

    May 20, 2024

    Losses widened at The Big Table, the owner of Café Rouge, Bella Italia and Frankie & Benny's, despite its turnover rising.

  • Lush posts huge loss but hopes SpongeBob SquarePants and Barbie deals can turn fortunes around

    May 17, 2024

    Lush is seeking the help of SpongeBob SquarePants and Barbie to help it boost sales and return to profit.

  • 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.

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