Asos under pressure as Gen Z shoppers switch to Shein April 9, 2024 Clive Black, analyst at Shore Capital, told City A.M. Asos has come off the back of three “really hard years” and is facing increased competition from Far East rivals Shein and Temu.
Loss-making Dim T and Wildwood restaurants to close as owner Tasty bids to avoid collapse April 9, 2024 Tasty plc, the restaurant group behind the Dim T and Wildwood brands, is looking to close 20 of its sites and secure new funding in order to avoid collapsing.
S&U channels Marcus Aurelius as motor finance lender says it will ‘wrestle on’ April 9, 2024 The specialist auto and property lender has posted a fall in annual profit and lowered its dividend as the firm grapples with higher costs and regulatory pressures.
John Lewis nabs Tesco veteran as it looks to leave Sharon White era behind April 8, 2024 Ailing high street favourite John Lewis has appointed Tesco veteran Jason Tarry as its new chair, taking over from Dame Sharon White – who will bring her tenure at the top of the partnership to a premature end. Tarry will be only the seventh chair of the shopping giant which has undergone a tumultuous time [...]
Carpetright drafts in advisers as it mulls cost cutting options April 5, 2024 Carpetright has reportedly drafted in advisers to explore cost-saving measures for the business as it struggles amid a slowdown in demand.
Waitrose slashes prices in bid to win over middle class shoppers from Marks and Spencer April 3, 2024 Waitrose is cutting prices for the fifth time in over a year as it battles Marks and Spencer as the favoured grocery spot of middle class shoppers.
Three reasons why the gold price is hitting new highs April 3, 2024 Investors and governments are all too wary of another fallout akin to when Vladimir Putin first invaded Ukraine two years ago
Labour’s Yimby housing policies are vote winners – but how it sells them is crucial April 3, 2024 Labour's plans to solve the housing crisis are promising, but it needs to be tactical about how it pitches them in order to win over as many voters as possible, Jessica Frank-Keyes writes
Brits lose more than £2.6bn to investment scams since 2020, pension body warns April 2, 2024 Britons have lost more than £2.6bn to investment fraud since the start of 2020, according to new research, as experts warn of the rise of scams originating on social media.
VAT threshold raised to £90,000 in boost for small businesses – but pubs still feeling the pinch April 1, 2024 Hard-pressed small business owners were thrown a lifeline on Monday after the government rolled out an increase to the VAT threshold.