City Pub Group looks to office workers’ return as pub sector faces soaring energy costs January 20, 2022 Premium pub operator the City Pub Group has said it is hopeful the return of office workers will boost its sales in cities across the country. It said there had been a “significant increase in trade” in the last 10 days, which it put down to an increased consumer confidence. The easing of the government’s [...]
Exclusive: Cushon closes £35m funding round to shake up ‘boring’ UK pensions January 20, 2022 Workplace savings fintech Cushon has closed a £35m fundraising round and doubled its assets under management (AUM) to £1.7bn with a new acquisition as it looks to shake up “complicated and boring” UK pensions. The new round of investment, led by existing investors including venture capital firms Augmentum Fintech and AshGrove Capital, takes the total [...]
Christmas sales at Revolution Bars dip as sector welcomes end of Omicron measures January 20, 2022 Revolution Bar Group has posted its disappointing like-for-like sales over the Christmas trading period, when fresh Covid measures hindered pub bosses’ hopes. Like-for-like sales sales for the six week period ending 1 January were down -23 per cent in comparison to the last Christmas before the pandemic struck. Office parties were cancelled in waves as [...]
Amazon to open first US clothes store with a ‘tech twist’ January 20, 2022 Amazon is making another push to grow its fashion business, announcing today that it will open its first-ever clothes store store this year, with a tech twist.
Good Energy offloads solar and wind asset ahead of shareholder showdown with rival firm January 20, 2022 Good Energy has sold a portfolio of renewable sites despite pressure from activist investors to keep hold of its generation assets.
Prince Andrew removes social media accounts following HRH loss January 20, 2022 The Duke of York has not only lost his royal title, but he has also started to strip his online one.
Time Finance holds its ground through pandemic turbulence January 20, 2022 Time Finance has remained resilient in the face of pandemic disruption, revealing a steady set of results.
Primark to cut 400 jobs across the UK as part of overhaul of management team January 20, 2022 Primark owner Associated British Foods has reported a 16 per cent boost in group revenues for the 16 weeks up to 8 January 2022.
Workspace reports a confident third quarter despite ‘work from home’ orders January 20, 2022 Workspace Group reported a “strong demand” from customers, as the workspace rides out the Covid variant storms.
Premier Foods ups profit guidance as sales beat market forecasts January 20, 2022 Mr Kipling owner Premier Foods has lifted its profit guidance for the full year to £125m as sales beat expectations.
