Bistrot Pierre cuts jobs and closes restaurants as it tumbles further into the red July 2, 2024 French restaurant chain Bistrot Pierre has more than 100 staff and closed multiple sites as its goal as it battled to return to profitability.
UK high street faces shareholder backlash over low pay July 2, 2024 UK high street shops like Sainsbury’s, Marks & Spencer and JD Sports are facing a shareholder backlash after failing to commit to pay all their staff and third-party contractors a real living wage. Big financial names backing a campaign against low pay include LGIM, HSBC Asset Management, Aviva, and Scottish Widows. In total, the institutions [...]
Shop price inflation drops to lowest level since October 2021 as retailers slash prices on TVs July 2, 2024 Retailers slashing prices on TVs to capitalise on the Euros helped push shop price inflation to its lowest level since October 2021.
Buzz Bingo hails ‘reset’ as chain posts best results since Covid-19 pandemic July 1, 2024 The company behind Buzz Bingo cut its pre-tax loss as its sales passed the £200m mark during its latest financial year, according to new figures.
What3words: Mercedes-backed tech firm still in the red despite slashing loss in half June 28, 2024 What3words, a tech company backed by ITV, Mercedes and former F1 champion Nico Rosberg, has slashed its loss almost in half thanks to a slowdown in acquisitions among its customers.
Nightcap plans to exit AIM and re-register as private company June 28, 2024 London Cocktail Club owner Nightcap has proposed to cease trading on AIM and re-register as a private company as the late-night bar chain operator says its valuation "does not reflect" its potential.
Decathlon struggles to shift sports gear as ‘cautious’ Brits curb spending June 27, 2024 The UK arm of sports gear retailer Decathlon has sunk further into the red, with the firm blaming the ongoing cost of living crisis for a fall in sales.
Campaign cock-up of the week: Trio of gaffes leaves Greens beet red June 27, 2024 Former No 10 advisor Giles Kenningham analyses the worst comms screw-ups of the election campaign. This week, embarrassment for the Greens.
Rare copy of JK Rowling’s debut novel, Harry Potter and The Philosopher’s Stone, set to go under the hammer June 26, 2024 The book is one of only 200 ever printed and has drawn attention due to its spelling mistake on the front cover.
Procook serves up return to profitability promising sustained growth June 26, 2024 Kitchenware maker Procook has said it "plans to accelerate profitable growth over the medium term" thanks to the strategic inroads and trading "momentum" borne out in its full year results in which the firm returned to profitability.