What’s behind the post-pandemic tumble in Diageo and Pernod Ricard shares? June 25, 2025 Two of the world’s biggest drinks companies, Diageo and Pernod Ricard, have had a bruising time of it on the stock market in the last two years. Since mid-2023, shares in Pernod Ricard have dropped nearly 60 per cent, while market leader Diageo has seen its share price fall over 40 per cent. A lot [...]
An Experience Like No Other: Premium Hospitality Packages for Catfish and the Bottlemen at Tottenham Hotspur Stadium June 25, 2025 After selling out shows in the UK, US and Australia, multi-Platinum-selling indie rock band Catfish and the Bottlemen have today announced their first ever headline stadium concerts, including a landmark performance at Tottenham Hotspur Stadium on Sunday 3 August, 2025. The news marks the next step in the band’s meteoric rise, following their epic return [...]
How effective procurement technology can improve employee retention June 25, 2025 With many organisations facing a battle to attract and retain talented staff, it’s important that they are not frustrated in their ability to do their jobs by cumbersome procurement technology. Unemployment in the UK remains low, standing at 4.4 per cent in the three months to February 2025, according to government data. But this only [...]
Halfords to shut garages amid growing cost pressures June 25, 2025 Halfords is set to close some of its garages this year as it struggles with increased labour costs introduced by last year’s Autumn Budget. Shares fell nearly two per cent in early trades. The cycling and motoring specialist said the sites earmarked for disposal are not able to provide the “level of customer experience to [...]
Selfridges: Westminster council approves in-store members club, but bans music June 25, 2025 Department store Selfridges has won approval for an in-store private members club and dining room from Westminster council. At a planning meeting on Tuesday night, Westminster councillors unanimously approved the proposed changes to the fourth floor of the iconic Oxford Street department store. The proposal, which was approved with the condition that no music – [...]
Slim pickings: grocery sales down as Brits turn to weight-loss jabs June 24, 2025 The growing use of weight-loss drugs like Ozempic could be having an impact on supermarkets’ bottom lines as Brits shy away from more than just unhealthy food. Four per cent of households in the UK now have at least one member using GLP-1, the active ingredient in weight-loss drugs. The share of UK households with [...]
High street stalwart Claire’s explores a sale as cost pressures mount June 24, 2025 The accessories and piercings company Claire’s is exploring the possibility of a sale as it battles rising costs and competition. Claire’s, which is owned by US investors JP Morgan, Elliott Management and Monarch Alternative Capital, operates 2,750 shops worldwide and 281 shops on UK high streets and retail parks. Julie Palmer, partner at financial advisory [...]
Sunny spring boosts grocers as Brits buy 2,400 packs of strawberries every minute June 24, 2025 The UK’s unusual burst of sun boosted purchases of fruit and ice lollies this spring, although food inflation continued to soar at the UK’s grocers. Higher prices for fresh meats, chocolate and butters drove food inflation to 4.7 per cent, its highest level since February 2024, according to data insights group Kantar. But Fraser McKevitt, [...]
Amazon’s £40bn investment to create nearly 10,000 jobs June 24, 2025 Amazon will invest £40bn into the UK in the next three years as it looks to boost production and delivery capacity, creating 9,500 jobs in the UK. The investment will provide funds to build four new robotic fulfillment centers, as well to refurbish the media giant’s film studios in Berkshire. The three already-announced high-tech warehouses [...]
UK’s competition watchdog sets its sights on Google search June 24, 2025 The UK’s competition watchdog has proposed designating Google with ‘strategic market status’ after an investigation earlier this year revealed market issues. The Competition and Markets Authority (CMA) said it had “heard concerns” that Google’s search advertising costs are higher “than would be expected” in a “more competitive market”. It will also look into the transparency [...]