DIY giants Wickes posts growth in first half but cautious of softening sales and worrying outlook July 26, 2022 Home improvement giant Wickes registered strong sales for the first half of 2022, but has reined in its expectations for the second half due to economic uncertainty. The Northampton-based company had sales growth of 5.5 per cent in the first six months of this year, with progress in its score revenue and ‘Do It For [...]
Warhammer maker Games Workshop posts ‘astonishing year’ as sales and profits surge July 26, 2022 Core revenue for Warhammer maker Games Workshop climbed 9.5 per cent this year to £386.8m as hobbyists flock to their games.
Bridgepoint boasts success despite economic challenges and announces solid first half of 2022 July 26, 2022 Shares in private growth investor Bridgepoint surged today after it shrugged off recessionary fears to post a jump in pre-tax profits for the first half of the year. The FTSE-250 firm said revenues topped £140.1m in the six months to the end of June, up from £122.2m in the same period last year, as underlying pre-tax [...]
Revenue climbs for Greencore despite supply chain challenges and inflationary pressure July 26, 2022 Irish food firm Greencore reported a revenue increase of 35 per cent to £486.2m the third quarter, thanks to continued strong growth in both food to go and other convenience categories.
Watchdog dismisses concerns that music streaming causes harm to artists and backs consumer choice July 26, 2022 The UK competition watchdog has found that music streaming delivers good outcomes for consumers and dismisses concerns that the concentrated market is causing harm or driving the issues raised by artists.
Unilever boosts sales growth guidance and suggests not the end of price hikes July 26, 2022 Consumer goods giant Unilever has seen sales propelled more than eight per cent after hiking prices of food and drink to mitigate cost increases. Underlying sales growth of 8.1 per cent was “driven by strong pricing to mitigate input cost inflation, which, as expected, had some impact on volume,” Alan Jope, chief executive officer said [...]
Daily Express owner Reach feels sting of surging newsprint costs and advertising disruption July 26, 2022 Shares plunged as much as 30 per cent this afternoon for Daily Express and Mirror owner Reach after it posted an inflationary battered set of results.
Travel disruption gives easyJet £130m loss but flights filling up for next quarter July 26, 2022 Travel disruption due to short-staffing led to easyJet suffering a £130m loss in the three months ending in June. The low-cost airline had a pre-tax loss of £114m due to the impact of cancellations, but its earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) was a profit of more than £100m. [...]
Explainer-in-brief: Did we save the NHS? July 26, 2022 During the pandemic, the flagship slogan from No10 was centered around protecting the NHS. Without the health service, we were repeatedly told, the collateral damage of deaths and waitlists would enact a toll much greater than Covid-19 on the UK. A damning report released yesterday by a cross-party group of MPs suggests the damage has [...]
A London transport funding deal must not come at the cost of accessibility July 26, 2022 HOW many of us have gotten lost in the maze between Bank and Monument station? Imagine how much harder it would be if you suddenly couldn’t remember where you had to go. “I get very confused with technology”; “I can’t ask what I’m doing wrong to a machine”. These are common refrains from people affected [...]
