Travis Perkins: Profits slashed by £175m as housing downturn cuts revenue March 5, 2024 A downturn in the house building market let to profits at Travis Perkins being slashed by £175m during its latest financial year.
National Windscreens hails ‘outstanding performance’ as it returns to profit March 4, 2024 National Windscreens has hailed its "outstanding performance" as it returned to the black during its latest financial year.
Pukka Pies: New products help sales and profits rise March 4, 2024 New products helped sales and profits rise at Pukka Pies during its latest financial year, according to newly-filed accounts.
Spring Budget 2024: Hunt won’t borrow to fund tax cuts in ‘prudent’ package March 3, 2024 Jeremy Hunt has insisted he won’t borrow to fund tax cuts in what he said would be a “prudent and responsible” Spring Budget this week.
Caffè Nero creates over 1,000 jobs as sales jump by £100m March 1, 2024 The group behind Caffè Nero created more than 1,000 jobs as its sales surged by more than £100m during its latest financial year, according to new documents.
Losses neared £70m at group behind kitchen maker Magnet due to cost-of-living crisis February 28, 2024 Almost £70m was lost by the group behind kitchen maker Magnet after being hit by "unprecedented" inflation, "elevated" energy prices and "notably subdued markets" due to the cost-of-living crisis.
FTSE 100 live: London markets flat despite inflation boost, miners rise February 27, 2024 Markets were also given a lift by the news that shop price inflation slowed to 2.5 per cent in February, the lowest level seen in two years.
Bank’s Ramsden: ‘More evidence’ needed that inflation has been tamed before rates can go down February 27, 2024 Markets expect the Bank of England to start cutting interest rates in the summer, with three cuts priced in for 2024.
Customers’ own brand switch slows sales growth at Victorian Plumbing February 27, 2024 Customers switching to own brand products because of the cost-of-living crisis impacted sales at Victorian Plumbing during the first part of its financial year, according to new figures.
Spending on discounts rises four per cent as Brits do Valentine’s Day on a budget February 27, 2024 Consumers’ spending on offers increased by four per cent in February, worth £586m more than the same month in 2023, as Brits continue to seek out discounts despite cooling inflation.