US inflation rises faster than expected on higher gas prices and housing costs January 11, 2024 December's figures come amid continuing debate about when the Federal Reserve will start cutting interest rates.
Marks and Spencer: Good Christmas gives retailer a ‘spring in its step’ as food sales rocket to £2bn January 11, 2024 Marks and Spencer has maintained its guidance for the year after it racked in over £2bn in food sales over the Christmas period.
Greggs: Baker rakes in £2 of every £100 spent in hospitality industry – and analysts expect that to double January 10, 2024 British bakery and fast food chain Greggs said it plans to open between 140 and 160 net new shops in 2024, as it toasts soaring sales in the fourth quarter.
European inflation up after months of decline casting doubt on ECB interest rate cuts January 5, 2024 Inflation plaguing Europe increased to 2.9 per cent in December, after seven straight monthly declines, figures show. The rise in price levels cast doubt on predictions for swift interest rate cuts from the European Central Bank (ECB). The figure released on Friday was up from the 2.4 per cent annual inflation recorded in November – [...]
Mark Kleinman’s 2024 bold predictions: A BP bid, a new gig for Rose and much, much more January 4, 2024 Mark Kleinman gets the City of London talking - and his ten bold predictions for British business in 2024 will certainly do that
Marks and Spencer’s success is not a ‘flash in the pan’, analysts cheer January 3, 2024 M&S's success will not be a “flash in the pan”, analysts have said as the retailer is crowned one of the top stock picks of 2024.
Leading economists expect Bank of England to cut interest rates in spring January 2, 2024 Top economists have brought forward their expectations for the Bank of England's next interest rate cut to as soon as March and overwhelmingly see the central bank's monetary policy as too hawkish, according to a City A.M. poll, after promising signs in the battle against inflation.
Shop price inflation stays steady but obstacles to come in 2024 January 2, 2024 Shop price annual inflation stayed flat at 4.3 per cent in December, remaining at the lowest level growth seen since June 2022.
Arise Sir Tim Martin as Wetherspoon boss knighted in New Year honours December 30, 2023 Outspoken Wetherspoon founder and boss Tim Martin has been knighted in the New Year honours. The businessman, who was a vocal Brexit supporter during the 2016 referendum campaign, has been recognised for his services to hospitality and culture. He said the news of the knighthood came as a surprise. “It had never been expected, so it came out [...]
Charlie Bigham on inflation, his success and why he doesn’t make ready meals December 30, 2023 Bigham, now 56, started his food business over two decades ago, packing in a career as a management consultant for a taste of self-employment.