Mamas & Papas: Nursery brand reveals latest expansion amid record sales January 8, 2025 The festive season provided yet another boost in sales for high street nursery brand Mamas & Papas following a bumper year of trade thanks to the success of its deals with M&S and Next. The Huddersfield-headquartered firm today reported record sales during this year’s Golden Quarter, especially within its UK and overseas markets. It said [...]
UK hotel sector warns on inflation despite pre-Christmas boost January 8, 2025 Occupancy rates at UK hotels rose last November in a pre-Christmas boost, but higher prices have again raised fears about inflation. The average occupancy rate of UK hotels rose from 76.6 per cent to 79.1 per cent in November year-on-year, while London also saw an increase from 79.6 per cent to 82.8 per cent in [...]
Hornby: Mike Ashley-advised toy train giant steams ahead after festive boost January 8, 2025 Hornby, the international toy company advised by billionaire Frasers Group founder Mike Ashley, reported a boost in sales thanks to a bumper festive season and first-time customer attraction. The international models and collectables group told markets today it witnessed a seven per cent surge in group sales for the third quarter ended 31 December. Group sales for [...]
All change at Topps Tiles as sales return to growth and its chief retires January 8, 2025 Topps Tiles reported a return to sales growth during the golden quarter driven by trade demand, while its chief executive Rob Parker announced his retirement from the firm after five years at the helm. Sales in the golden quarter were up 4.6 per cent year on year, while sales in the shorter festive period – [...]
Flutter: Paddy Power owner loses over £300m on bad US bets January 8, 2025 Flutter, the gambling giant owner of Paddy Power, has downgraded its revenue estimates for 2024 by $390m (£312m) after a period of “very unfavourable US sports results”. In a stock exchange notice, the Fanduel owner reported that November and December had seen a surge in unfavourable results for the bookie, especially in American football parlay [...]
The inbox from hell? Headaches and unpredictability await Starmer in 2025 January 8, 2025 New year, new Keir? Jessica Frank-Keyes looks at the pitfalls, rivals and online trolls threatening to ruin the PM’s 2025 For politicians, the dawn of a New Year can represent the opportunity for a fresh start, while avoiding that dreaded Westminster word ‘reset’. But for Keir Starmer in particular, looking ahead to the next 12 [...]
Go further to revive the City of London, voters tell Starmer and Reeves January 8, 2025 Keir Starmer’s government must do more to support the City of London after a bruising year in which fresh IPOs have fallen off a cliff and scores of firms have been picked off by private buyers, a survey of voters has suggested. According to the first of a new monthly City AM/Freshwater Strategy poll, more [...]
London is the only major city in the UK that’s getting older January 8, 2025 Excluding London, the average age in the UK's 'core cities' has fallen by 0.6 years in the period between 2001 and 2023.
What to expect from City AM going into 2025 January 7, 2025 City AM’s Editor in Chief, Christian May, breakdowns down some major announcement on our plans going into 2025.
‘Horrified’: Shein lambasted by MPs as fast fashion firm dodges questions January 7, 2025 Fast fashion retailer Shein was lambasted by MPs and accused of behaviour that “bordered on contempt” today after a representative of the firm repeatedly refused to answer questions over its supply chain practices and upcoming IPO. The Chinese-founded retailer, which is reportedly gearing up to list on the London Stock Exchange this year, has faced [...]
