Pepco: Poundland owner ‘cautiously optimistic’ despite ‘disappointing’ profits December 12, 2023 The owner of Poundland, Pepco said it was cautiously optimistic for the year ahead, as it recorded a 17.1 per cent surge in revenues for the full year to €5.6bn – despite profit problems mounting. Demand for budget goods has surged amid the cost of living crisis as shoppers seek out cheaper alternatives, according to [...]
Unilever probed over ‘greenwashing’ concerns – and use of green leaves December 12, 2023 Unilever are under the microscope over 'greenwashing' accusations - with criticism over their use of 'green leaves'
Taxpayers and passengers hit by competition issues in railway station catering market, watchdog warns December 12, 2023 A lack of competition in the railway station catering market is driving up costs for passengers and taxpayers, the rail watchdog has warned.
Analysts: Shein float in London would set off investor ESG alarm bells December 12, 2023 Shein is reportedly looking at a potential IPO in London - though analysts in the capital believe a float would raise investor red flags
Wage growth cools slightly giving Bank of England space to hold interest rate December 12, 2023 Annual wages grew 7.3 per cent in the three months to the end of October, a slight fall on the month before and a figure which will give the Bank of England more freedom to hold interest rates later this week. The readout is slightly lower than consensus of 7.4 per cent and some way [...]
UK tech scene continues to defy pessimists with three new unicorns this year December 12, 2023 The UK's tech boom continues with three new unicorn startups this year, according to new data by Pitchbook.
London rents will cool next year – but tenants won’t be out of the woods yet December 12, 2023 Rents will continue to rise in London next year but at a much slower pace than what has been seen over the past 12 months. London landlords are expected to raise their prices by two per cent in 2024, a substantial decrease when compared to the nine per cent hike which was recorded by property [...]
A cash-based society isn’t just for the old, it’s for the young and foolish too December 12, 2023 Out in the wilderness of central London, armed with a £20 note, I was faced with just how hostile our city has become to the use of cash.
It’s fate: modern astrology has captured the hearts of young Britons – for a fee December 12, 2023 Co-Star has 30m registered users, the majority of whom are young and female. The combination of astrology and artificial intelligence has proved an incredible draw, writes Phoebe Arslanagic-Little
Government not pursuing 98 per cent of Covid fraud tip-offs December 11, 2023 Just two per cent of Covid fraud tip offs are being investigated, the government has admitted.