Franco Manca owner says restaurants in office locations struggling to return to pre-Covid trade June 8, 2022 The owner of pizza chain Franco Manca has said its restaurants situated nearby office hubs “still have a way to go” with returning to pre-pandemic levels. However, Fulham Shore said that its small number of restaurants situated in worker hotspots were “showing continued improvement” as demand recovers after Covid lockdowns. Footfall was down 15 per [...]
Nexus Infrastructure reveals boost in revenues as it scales up network business June 8, 2022 Nexus Infrastructure has boosted its revenues and order book, with the company looking to scale up its energy transition services.
Boots to freeze prices on own label essential beauty and health products June 8, 2022 High street chemist Boots has said it will freeze prices on more than 1,500 beauty and health products as consumers face a cost of living crunch this year. The company said it would lock prices on popular essential items until the end of the year. Items under the Boots own label lines will see price [...]
Video game giant Keywords Studios snaps up Age of Empires developer Forgotten as it eyes global expansion June 8, 2022 Video game provider Keywords Studios has snapped up development studio Forgotten Empires for $32.5m (£25.9m), cementing the firm's position as the 'go to' technical and creative services platform for the global industry.
Wizz Air posts wider losses as it battles fuel prices and disruption June 8, 2022 Wizz Air Group's recovery journey has finally left the runway, with rising passenger numbers driving optimism at the company.
City Pub Group evaluates menu offering as increased headwinds hammer sector June 8, 2022 The City Pub Group’s sales have surged faster than predicted, with last month’s results slightly ahead of pre-pandemic levels. The pub operator said it was trying to mitigate historic cost inflation hitting the sector, with a “particular focus on labour scheduling to maximise sales and efficiency.” “Control of energy usage and procurement remains a key [...]
Another one: Zopa Bank enters buy-now pay-later space June 8, 2022 Digital bank Zopa has entered the highly competitive buy-now pay-later (BNPL) space, following suit of tech giant Apple and on the toes of the likes of Klarna.
Customer demand drives post-lockdown rebound for office giant Workspace June 8, 2022 Workspace Group has revealed customer demand for its services has returned to pre-Covid levels, in a vote of confidence for City working.
Zara owner Inditex’s profit up 80 per cent as shoppers stock up June 8, 2022 Zara owner Inditex has posted a bumper quarterly profit, while taking a hit of €216m after the temporary closure of its business in Ukraine and Russia. The Madrid-listed firm, which is the largest fashion company in the world, saw net income profit hit €760m in the first quarter of the year. It marked a decade-high [...]
To seed a food secure future for our nation we need technology on our side June 8, 2022 An oven-ready roast chicken in your local supermarket will probably cost you more than it did last month. As will eggs, pasta and bread. And they’re likely to cost you even more next month, as world food prices hit an all-time high. The crisis in Ukraine has had a domino effect, but food prices have [...]