Decathlon struggles to shift sports gear as ‘cautious’ Brits curb spending June 27, 2024 The UK arm of sports gear retailer Decathlon has sunk further into the red, with the firm blaming the ongoing cost of living crisis for a fall in sales.
Shein, trade and tax: Labour and Tories clash on business June 27, 2024 City A.M.'s Charlie Conchie and Jess Frank-Keyes unpick the election business debate between Kemi Badenoch and Jonathan Reynolds.
Electric vehicles lead ‘massive change’ in UK factories June 27, 2024 Electric vehicles made up almost two fifths of all new cars produced in the UK in May, according to new figures, as 26,475 models rolled off factory lines.
3i Group: Dutch supermarket Action continues strong performance June 27, 2024 3i Group, the country's largest investment trust, has reported its main holding Action has "continued to perform strongly".
Nisa sales rise after Just Eat launches home delivery service June 27, 2024 Groceries wholesaler Nisa Retail has seen its revenue tick up after its parent company The Co-operative Group partnered with Just Eat to offer home delivery.
‘Market prices vulnerable to sharp correction,’ Bank of England warns June 27, 2024 The Bank of England has warned that investors are only focusing on good economic news, sending up asset prices and raising the risk of a “sharp correction” in the future.
Cloudcoco ‘focused’ despite headwinds and falling share price June 27, 2024 IT services provider Cloudcoco said it remains "focussed" amid a string of economic headwinds which have brought down shares this year.
Serco shares nudge higher after raising profit guidance June 27, 2024 Serco shares jumped over six per cent this morning after the outsourcing giant lifted its annual profit forecast.
James Latham: Red Sea attacks dent timber supplier’s profit June 27, 2024 Timber distributor James Latham has taken a hit to its profit as shipping attacks in the Red Sea sent the cost of containers flying.
Wilmington: Specialist data provider sells UK healthcare unit for up to £26.3m June 27, 2024 Information and data firm Wilmington has sold its UK healthcare unit for up to £26.3m, completing the divestment of its European healthcare businesses.