Barratt: FTSE 100 developer will bank on mortgage cuts for sales lift February 3, 2024 Barratt Developments will update investors on its half year trading performance this Wednesday, with hopes that cooling mortgage rates will boost its balance sheet.
Sent packing: Ocado gives two male board members the boot in bid ‘refresh’ top table February 2, 2024 Online grocer and technology firm Ocado has said two of its senior employees will step down from the board with immediate effect as it looks to “refresh” its top table.
January sales fail to impress shoppers as London footfall disappoints February 2, 2024 January was another disappointing month for London retailers as shoppers steered clear of the high street. A new report by the British Retail Consortium (BRC) showed footfall across the capital declined by 1.7 per cent at the start of the month. This has widened from a fall of 1.4 per cent recorded in December. With [...]
De Beers sales dip adds to Anglo American woes January 31, 2024 Sales at South African-British diamond merchant De Beers have fallen, the firm reported today, adding to the woes of its owner Anglo American.
Upper Crust: Owner backs guidance but warns of potential hit from train strikes January 30, 2024 Upper Crust owner SSP today reported strong sales boosted by a resilient demand for air and train travel, but warned of a potential future hit from ongoing train strikes.
UK insolvencies skyrocket to 30-year high in ‘striking’ reminder of ‘onerous’ environment January 30, 2024 The number of company insolvencies has soared to its highest level since 1993, as voluntary liquidations reached the most since records began in 1960. The Office for National Statistics revealed today that throughout 2023, there were over 25,000 company insolvencies, with every category of insolvency rising compared to the year before. Mark Ford, partner in [...]
Shop price inflation drops as supermarkets slash costs January 30, 2024 Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices.
Wetherspoon’s pubs are more than drinking dens – they’re cultural glue in a world without much of it January 29, 2024 Come for the prices, stay for the history: in many of Britain’s towns, “Spoons” has become the chief steward of civic heritage, writes Adam Hawksbee
Why a ski holiday in Italy offers unmatched hospitality January 28, 2024 Celebrating 100 years of glamour in the Dolomites
Start-up backlash: Treasury looks to soften controversial rule change after fury from investors January 26, 2024 The City minister is set to meet top start-up groups next week to discuss softening its controversial investing rule changes, after a backlash from the industry and pressure from another government department.