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4335 Search results for cost of living crisis

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  • Everyman boss departs with immediate effect weeks after profit warning

    December 29, 2025

    The boss of luxury cinema chain Everyman Media Group has stepped down weeks after warning over sales and profits following poor box office trading. Shareholders were informed on Monday morning that Alex Scrimgeour was stepping down as chief executive with immediate effect, with current non-executive director Farah Golant to take over on an interim basis [...]

  • Rachel Reeves: I have returned stability to the British economy

    December 19, 2025

    The latest cut to interest rates reflects the choices this government has made to restore economic stability, says Rachel Reeves The latest interest rate cut is another sign that we have returned stability to the British economy. The Bank has now reduced rates from four per cent to 3.75 cent, the sixth cut since the [...]

  • Bank of mum and dad now funding multiple steps up housing ladder

    December 17, 2025

    The ‘Bank of Mum and Dad’ are funding more than just first steps on the housing ladder, with financial gifts pivotal for second steppers too. Nearly 20 per cent of second-time buyers have received support to buy their property, according to new research from Barclays, rising to 30 per cent for first-time buyers. This amounts [...]

  • Timberland owner cuts UK jobs as sales slip again

    December 15, 2025

    Almost 100 jobs have been lost at the UK and Ireland arm of the retail giant behind the likes of The North Face, Vans and Timberland as its sales continued to fall during its latest financial year, it has been revealed. The division of VF Corporation, whose brands also include Eastpak, Kipling and Napapijri, cut [...]

  • Club L London founder shares huge pay day after record profit

    December 10, 2025

    Club L London has issued a huge pay day after profit at the fashion retailer surged to a new record, it has been revealed. Katie Randev, who leads the Manchester-headquartered business as chief executive, is in line to share a dividend of £3.7m for its latest financial year, new accounts filed with Companies House show. [...]

  • Motive Launches AI-powered Repeated Lane Swerving Detection and Other New Breakthrough AI Capabilities to Help Prevent Collisions

    December 9, 2025

    New AI models for lane swerving, smoking, and forward parking identify early signs of distracted and fatigued driving – marking a major advancement in proactive road-safety technology

  • Ann Summers remains in the red as sales stall and jobs shed

    December 9, 2025

    Ann Summers’ sales have stalled as it shed jobs and remained in the red during its latest financial year, it has been revealed. The business has posted a turnover of £93.4m for the 12 months to 28 June, 2025, according to new accounts filed with Companies House. The total comes after Ann Summers also reported [...]

  • Where to drink wine in London with a touch of old-fashioned glamour

    December 8, 2025

    It is a pattern we see repeatedly. At times of austerity and economic hardship: people crave luxury, colour and escapism. During the Great Depression we saw the rise of jazz, dancehalls and art deco glamour, while the World War II ushered in an era of  escapist, technicolour movies filled with flights of fancy. Now in the [...]

  •  Best cars 2025: Our brilliant and bonkers highlights of the year

    December 5, 2025

    These are difficult times to be a car company. Cheap Chinese imports, costly US tariffs and the UK Government’s muddled approach to policymaking have all slowed sales and impacted the bottom line. And that’s before you factor in cyber attacks, semiconductor shortages, the cost of living crisis and the reluctance of many motorists to embrace [...]

  • FTSE 100 Live: Budget to send borrowing costs soaring; New AIM IPO

    December 4, 2025

    Good morning and welcome back to the City AM liveblog. Sir Keir Starmer has asked the British public to judge his premiership on the government’s ability to “make people feel better off”. Well, in the capital the Prime Minister shouldn’t be expecting a warm reception from young Brits, who are feeling the pinch of the [...]

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