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.
Gym Group sprints to a million members as Brits try to shape up January 10, 2024 Average revenue per member per month was also up nine per cent, helping revenue to climb 18 per cent to £204m.
Persimmon: New home completions down a third as UK housebuilding woes continue January 10, 2024 High inflation and cost of raw materials has made it more expensive to build houses, while higher interest rates have suppressed demand for buyers.
Pennon acquires Sutton and East Surrey Water for £89m to expand southern England footprint January 10, 2024 Pennon Group acquires SES Water for £89m in bid to expand to southern England.
Working from home back in vogue for SMEs facing cost crunch January 10, 2024 Ongoing funding challenges for small and medium-sized enterprises (SMEs) are beginning to cause some business owners to sacrifice the way things work. New research by Nucleus Commercial Finance suggests SME confidence in stalling – now sitting at an average 40.1 out of 100, where a reading under 50 represents a slip in confidence – due [...]
Moving markets today: What’s shaping the FTSE 100 this morning January 10, 2024 Today's market highlights: Japan's Nikkei 225 at a 33-year high, stable U.S. Dollar, Bitcoin's rollercoaster, ongoing oil price surge, and anticipation for U.S. inflation figures.
Samsung issues profit warning as microchip market stutters January 9, 2024 Samsung has said its operating profit is likely to plummet 35 per cent in the fourth quarter of 2023 as it struggles to get a grip on a microchip market that is still in the lurch. The South Korean tech giant has forecast a dip to 2.8t South Korean won (£1.7bn) in its October to [...]
Worrying signs for the economy as recruitment giant Hays issues profit warning January 9, 2024 The listed company’s fees were down 10 per cent overall and 17 per cent in the UK, as a slowdown in the economy hit recruitment numbers
Interest rates tug of war may leave markets, and consumers, disappointed January 9, 2024 The path of the economy in 2024 will be defined by the trajectory of interest rates. But the question is, when will they be cut?
Pubs enjoy bumper December despite rail disruption January 9, 2024 Brits heading out to Christmas parties helped drive spending in bars and pubs higher by 7.9 per cent in December despite rail strikes.