DFS shares up as sofa giant records rise in orders despite cost of living pressures January 13, 2023 Sofa retailer DFS has recorded a rise in orders over the latest quarter, as it hailed improving demand from customers despite pressures from the rising cost of living. It came as the retailer said that orders dropped 4.8% over the half-year to December 25, compared with the same period last year. However, the company said this included [...]
Taylor Wimpey: Average selling price hits £350,000 as firm shrugs off mini budget housing chaos January 13, 2023 The average selling price for private completions increased six per cent to more than £350,000 according to one of the UK’s largest construction companies. Taylor Wimpey released its 2022 overview today, saying total completions were a shade under last year’s at 13,154, compared to 14, 302. It said of the completions, more than a fifth [...]
Liberty Steel to slash 440 jobs in next phase of ‘restructuring’ January 12, 2023 Liberty Steel is to implement the next phase of its restructuring programme which could affect up to 440 jobs, the company has announced. Liberty, part of the GFG Alliance, said it will offer an alternative to redundancy through a programme which aims to retain, redeploy and reskill affected workers. Workers will be offered a level [...]
Uranium detected in package at Heathrow as terror police vow to ‘follow every avenue’ – but where did it come from? January 11, 2023 Counter-terrorism investigators will “follow every avenue” to discover how material contaminated with a radioactive substance came to be found at Heathrow Airport. Uranium was detected during routine screening of a package at the airport on December 29, that according to the Sun had originated in Pakistan and arrived on a flight from Oman. The newspaper reported [...]
Tory MP Andrew Bridgen suspended by Tories for tweet about delay in vaccine data and Holocaust January 11, 2023 MP Andrew Bridgen has been suspended by the Tories for a “disgraceful” tweet, appearing to say the delay in releasing safety data on Covid-19 vaccines was the worst crime since the Holocaust. The MP for North West Leicestershire, took to Twitter this morning sharing an article from ZeroHedge, entitled “CDC Finally Releases VAERS Safety Monitoring [...]
Strike! Ten Entertainment bucks hospitality trend with ‘record-breaking’ sales year January 11, 2023 Bowling alley operator Ten Entertainment delivered a “record-breaking” year, with sales up almost 90 per cent on 2021 and 50 per cent on pre-pandemic levels. The firm, which operates 48 bowling and social entertainment venues, reported a total sales increase of 87 per cent from 2021, in wake of the pandemic restrictions being lifted. It [...]
Sainsbury’s: Expected profits up as food shoppers splash Christmas cash but Argos bears brunt of cost of living crisis January 11, 2023 Sainsbury’s cashed in on Christmas shopping with retail sales up more than five per cent, as the supermarket giant expects its profit to be at the “upper end” of guidance. The major retailer now expects to be making close to £700m in pre-tax profit this March, despite the cost of living crisis weighing down consumer [...]
Ocado beats Google, Microsoft and Mastercard to become one of best firms to work for in Britain January 11, 2023 Food delivery tech firm Ocado beat Google, Microsoft and Mastercard to be crowned as one of the best firms to work for in the UK. In fresh data published by Glassdoor today, Bain & Company was rated Britain’s top employer, with the tech sector dominating the list, taking 21 out of 50 spots. There were [...]
Brexit, Covid and Ukraine drag on Games Workshop’s profits despite record sales January 10, 2023 Warhammer-maker Games Workshop recorded sales of over £200m for the first time, but Covid, Brexit and the war in Ukraine continue to dent its commercial plans. The FTSE 250 firm announced it made £212m from May until the the end of 2022, up more than £20m on the previous year. But it also reported a [...]
Majestic: Brits taste for champagne and sparkling wine in December boosts sales with second-largest festive intake ever January 10, 2023 Brits guzzled down 20 per cent more wine at Christmas than before Covid, as Majestic posted its second-highest festive intake in 40 years. The UK’s largest specialist retailer, Majestic Wine, raked in a sales increase of 21.1 per cent against 2019, with English sparkling wine proving particularly popular. Majestic reported that sales rose 0.2 per [...]
