World Bank: How the global economy can avoid ‘a decade of wasted opportunity’ January 10, 2024 Tighter financial conditions, the slowdown in China and weak global trade are all weighing on growth.
Nightcap shares jump as bar chain bucks trend with record Christmas January 10, 2024 London Cocktail Club owner Nightcap had a “record” Christmas despite ongoing rail disruption and cost of living pressures.
Red Sea attacks: Why Suez Canal traffic collapse could power higher inflation January 10, 2024 The number of container ships arriving at the mouth of the Red Sea plunged 90 per cent year-on-year through the first week of January.
Greggs: Baker rakes in £2 of every £100 spent in hospitality industry – and analysts expect that to double January 10, 2024 British bakery and fast food chain Greggs said it plans to open between 140 and 160 net new shops in 2024, as it toasts soaring sales in the fourth quarter.
Gym Group sprints to a million members as Brits try to shape up January 10, 2024 Average revenue per member per month was also up nine per cent, helping revenue to climb 18 per cent to £204m.
Sainsbury’s keeps profit guidance as loyalty card Christmas boosts sales January 10, 2024 British supermarket Sainsbury’s thanked cash strapped shoppers using its loyalty card scheme for a bumper Christmas.
Persimmon: New home completions down a third as UK housebuilding woes continue January 10, 2024 High inflation and cost of raw materials has made it more expensive to build houses, while higher interest rates have suppressed demand for buyers.
Pennon acquires Sutton and East Surrey Water for £89m to expand southern England footprint January 10, 2024 Pennon Group acquires SES Water for £89m in bid to expand to southern England.
New York listing ‘not on the agenda’ for YouGov as it strikes biggest deal yet January 10, 2024 The chief of data site YouGov has said that a previously ruminated listing in the Big Apple is "not on the agenda" right now.
Irish ‘unicorn’ rules out London IPO after spat with FTSE 100 private equity firm January 10, 2024 An Irish tech ‘unicorn’ has ruled out a potential London IPO after a bitter spat with FTSE 100 private equity giant Intermediate Capital Group (ICG), which holds a ten per cent stake in the firm, City A.M. has learned.