Fed’s preferred measure of inflation slowed in December – how will this impact rates? January 26, 2024 US core personal consumption expenditure (PCE) inflation, the Federal Reserve’s preferred measure of inflation, fell to 2.9 per cent in December, below expectations of three per cent and down from 3.2 per cent in November. PCE inflation differs from the traditional measure of inflation, the consumer price index (CPI), by including a wider scope of [...]
Knightsbridge and Chelsea hail bumper Christmas thanks to swanky shoppers splashing cash January 26, 2024 Swanky shops and restaurants around Knightsbridge and Chelsea enjoyed a bumper Christmas, helped by affluent customers splashed the cash on London’s Kings Road.
The Saltburn lesson: clothes and costume are different January 25, 2024 Saltburn is a rich pattern book for your wardrobe, especially if the late 2000s are happy memories, but be inspired rather than imprisoned
Post Office told the government it would oppose appeals of Horizon scandal victims January 25, 2024 The Post Office told the Government it would oppose appeals of half of the convicted sub-postmasters, days before PM announced a new law to exonerate victims. It was revealed by the Financial Times that ministers were privately told by the Post Office that they believed that in 333 cases, non-Horizon evidence supported the convictions. The [...]
Halfords remains confident despite sales falling below expectations January 25, 2024 Halfords has said it remains confident despite its third quarter sales falling below expectations.
Fuller’s: Pub chain in ‘great shape’ after strong 2023 topped off by bumper Christmas January 25, 2024 Fuller's, which operates almost 400 pubs and inns, said in the 42 weeks leading up to 20 January, its sales growth was at 11.5 per cent, driven by the festive period.
Revolution Bars warns on profits amid venue closures and cash crunch January 24, 2024 Revolution Bars has slashed its profit expectations for the year in the face of bar closures and cash strapped youngsters ditching night outs.
Tim Martin: JD Wetherspoon had a bumper Christmas but high labour costs are bruising pubs January 24, 2024 Sir Tim Martin, the outspoken boss of Wetherspoon’s has said labour and energy costs are far higher than pre-pandemic, highlighting the disparity between pubs, restaurants and supermarkets.
Quiz: Shares slump as clothing stays on the rack amid business review January 23, 2024 Shares in ailing fashion brand Quiz fell by nearly four per cent this morning as a depressed Christmas trading report failed to impress investors.
Shareholder revolt at All Bar One owner Mitchells & Butlers as one in three vote against chairman January 23, 2024 Almost one in three shareholders in All Bar One owner Mitchells & Butlers voted against the reappointment of its chairman at the group's annual general meeting.