It’s not just growth, it’s M&S growth: Supermarket reports ‘encouraging’ festive results January 13, 2022 Luxury supermarket M&S sustained a strong performance through the Christmas period, making it the fastest growing major store-based food retailer in the festive run up.
Asos announces move to London’s main market January 13, 2022 Asos announces move to the main market of the London Stock Exchange after 20 years on the junior Aim market
Autocentres boost Halford’s revenues despite slump in bike sales January 13, 2022 Halfords has reported two-year revenue growth of 13.9 per cent in its third-quarter trading update, despite softening retail demand.
Yule Be Impressed: Tesco’s profit forecasts boosted by festive spending and soaring sales January 13, 2022 Tesco now expects full-year operating profits to exceed its £2.5-2.6bn guidance , after stronger than expected sales over the festive period.
Could EMS be the key to your new year fitness goals? January 13, 2022 Over the years working for City A.M. I’ve found myself in some interesting situations in search of health and mental wellbeing. I attended Europe’s first legal ‘magic mushroom therapy’ retreat, went through an intensive ‘total body transformation’, and lived alone for a week in a self-sustaining cabin in the woods. For 2022 I’ve signed up [...]
Nightcap eyes portfolio expansion as CEO ‘proves critics wrong’ after pandemic-launch January 12, 2022 Bar operator Nightcap hit £15.5m in net sales during its first full year of trading, as it lines up 25 new site openings this year. Boss Sarah Willingham, whose group owns Tonight Josephine and the London Cocktail Club, told CityA.M. she had “never been prouder” to work in hospitality than during the pandemic. The company [...]
London markets jump on industrials rally January 12, 2022 London markets jumped today driven higher by a strong rally among industrial stocks. The capital’s premier FTSE 100 index closed 0.81 per cent higher at 7,551.72 points, while the domestically-focused FTSE 250 index, which is more aligned to the health of the UK economy, squeezed out 0.08 per cent of gains to reach 23,047.16 points. [...]
IEA accuses Russia of putting pressure on Europe’s gas supplies January 12, 2022 The head of the International Energy Agency has slammed Russia, accusing the country of putting pressure on gas supplies to Europe.
Brits’ experience of previous Covid-19 curbs to quash Omicron GDP hit January 12, 2022 Brits’ resilience and ability to rapidly adapt in the face of soaring Covid-19 infections will insulate the UK economy from the Omicron variant, according to City economists. Experience of previous periods of curbs on daily life implemented by the UK government to tamp down on transmissions has resulted in businesses and consumers being able to [...]
Pret A Manger boosts pay for staff in £9.2m investment January 12, 2022 Sandwich chain Pret A Manger has hiked pay for staff to above £10 an hour, in what it has called its biggest ever pay increase. In a £9.2m investment, some 8,000 staff members in the UK are set to see pay increase from a baseline of £9.40-9.56, to up to £10.15 per hour. Baristas will [...]