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.
London Oxford Street spend slips as pressure mounts to scrap tourist tax January 23, 2024 Bosses behind Oxford Street are piling fresh pressure on the government to scrap the tourist tax after visitors failed to splash the cash over the Christmas period. Dee Corsi, who heads up the New West End Company, said footfall grew three per cent over the holiday season but customers kept their purses shut, with spending [...]
It’s gin time: Aldi faces off with Marks and Spencer in court over light up bottle January 23, 2024 Aldi and Marks and Spencer are back in court today for round two of their fight over a light up gin bottle with gold flakes. Marks and Spencer launched an intellectual property legal action against discount supermarket rival Aldi back in 2021 over a gin. Marks and Spencer introduced a new line of gin based [...]
Marston’s: New pub boss says high costs are cooling after festive sales lift January 23, 2024 Pub chain Marston’s reported an eight per cent hike in sales in the four months to 20 January, as newly-appointed boss Justin Platt cheered a cooling to inflationary pressures. In a trading update, the historic boozer founded in 1834 said that for key festive days like-for -like sales leaped 9.6 per cent, and in the [...]
190 million mince pies sold as Mr Kipling-maker Premier Foods has best Christmas ever January 23, 2024 The St Albans-based listed firm reported a 14.4 per cent increase in sales on last year's third quarter, with major departments including grocery and sweet treats surging.
‘I’ll never take Eurostar again’: Why disruption and delays are giving cross-channel operator a headache January 23, 2024 Eurostar is not prepared for disruption on its routes from London, experts have said, after a string of incidents last year.
London office vacancy rates to rise in City, Wharf and West End amid Wework trouble January 22, 2024 London office vacancy rates are expected to rise by the end of the year, in another blow for the health of the capital’s commercial property market.
Grant Thornton UK elects 20-year veteran as new chief executive January 22, 2024 Grant Thornton UK has appointed its new CEO after Dave Dunckley stood down in a surprise early departure. The firm’s partners elected Malcolm Gomersall as the new CEO, subject to regulatory approval. He was already running the firm while the selection process took place. Gomersall was the firm’s chief operating officer, having taken on that [...]
Christmas cracker for Evri as bargain hunters drive record 150m deliveries January 22, 2024 Delivery giant Evri delivered a record number of parcels during the busy festive period, boosted by a late surge in the final Christmas week.