Ten Entertainment bowls a strike as sales are up 32 per cent despite Covid uncertainty January 6, 2022 Ten Entertainment, the leading UK operator of 46 bowling and family entertainment centres, shows a strong bounce back, as it reports a 32.4 per cent sales growth since May 2021 compared to pre-pandemic levels.
B&M revenue up on pre-Covid levels as retailer plots more UK stores January 6, 2022 Discount variety goods retailer B&M has posted boosted revenue compared to pre-Covid levels and hiked its earning expectations. The firm said revenue was up 14 per cent compared to pre-pandemic third quarter comparatives, for the 13 weeks from 26 September 2021 to 25 December 2021. In a trading update for the third quarter posted on [...]
New CEO for Greggs as sales slow at its 2,181 stores with inflation and supply chain issues hitting the sector hard January 6, 2022 Greggs has revealed sales continue to rise at its 2,181 stores although bosses said more recent Covid restrictions led to sales growth easing in December. The company also said rising inflation and supply chain issues facing the sector continue to hit but added it enjoyed strong sales of Christmas products, including 6.7m mince pies. Separately, [...]
Next lifts profit forecast to £822m as shareholders await New Year payday January 6, 2022 Next has told shareholders to expect a special dividend at the end of the month, after lifting its profit guidance for the full year. The high street retailer has raised in profit before tax guidance by £22m, to £822m – up nearly 10 per cent in comparison with pre-pandemic levels. Meanwhile, investors eye a £205m [...]
Petrol retailers accused of ripping off motorists over Christmas January 6, 2022 Petrol retailers failed to pass on wholesale price savings to UK customers last month, according to data from RAC Fuel Watch.
Pub bosses implore January teetotallers to not avoid local after dry Christmas January 5, 2022 Hospitality leaders have called on customers to keep visiting the pub this month, after venues lost out on sales this Christmas. Pubs, particularly in city hotspots, faced waves of cancellations this Christmas while office workers were also instructed to work from home under Plan B Covid measures. Now, bosses have urged customers to keep supporting [...]
Self-isolation, pre-departure tests scrapped for inbound arrivals to England January 5, 2022 People arriving in England from overseas will no longer need to take a PCR test before their flight or be forced into self-isolation on arrival in a move that will provide sorely needed help to the UK’s travel sector. Boris Johnson today said the measures were no longer needed due to the widespread prevalence of [...]
Rightmove reports busiest ever Christmas for home movers January 5, 2022 It was the busiest ever Christmas for those wanting to move home, with buyer demand soaring compared to the same period last year. Property platform Rightmove said buyer demand was up 23 per cent compared to last Christmas, when the pandemic discouraged many movers. The website recorded its highest ever number of new sellers on [...]
Together Energy on the brink of collapse after funding bid fails January 5, 2022 Council-backed supplier Together Energy is on the brink of collapse after its last-ditch search failed to find fresh funds, according to Sky News.
Empty planes: Omicron onslaught and travel restrictions hit Ryanair’s passenger number January 5, 2022 The number of passengers flown around Europe by budget airline Ryanair was down 7 per cent between November and December as travel restrictions were imposed amid the spread of the Omicron variant. The carrier said the number of passengers dropped to 9.5 million last month – the lowest since July and down from 10.2 million [...]