Dunelm’s profits dip as end of home improvement boom and high inflation eats into margins February 15, 2023 Homewares retailer Dunelm today said its profits have dipped since the pandemic due to soaring inflation and the end of the Covid house improvement boom. The Leicestershire firm said higher prices and slower sales had caused its pre-tax profits to drop by 16.6 per cent to £117.4m. Dunelm’s results come as the amount of [...]
U20 Six Nations: One to watch from each of the competing nations February 10, 2023 While many are keeping their eyes out for the world class talent in the Six Nations, the Under-20 version is running adjacently. With the same teams involved, this is seen as a quality pathway for the sport’s next stars to shine on the semi-international stage. Here’s one player to watch from each of tonight’s matches, [...]
Let’s be honest, we are suffering from a national crisis of bad vibes February 9, 2023 Strikes, NHS waiting lists, high energy prices and a constant stream of news about horrific crimes, natural disasters and economic gloom, Britain's Bad Vibes are keeping us down, writes Matthew Lesh
Hanging out with tortoises in turquoise cottages on the Caribbean island of St Barts February 5, 2023 The descent into Gustaf III Airport on the Caribbean Island of Saint Barthélemy – otherwise known as St Barts – is not for the faint hearted. We depart nearby Saint Martin strapped into a 12-seater Twin Otter plane and soar over the sea towards a small landmass. We spot yachts and catamarans sailing aquamarine waters [...]
Bank of England signals inflation has peaked but warns of 15-month long recession February 2, 2023 Inflation in the UK has peaked and is on course to fall rapidly over the coming year, easing the worst cost of living crisis in a generation, but a slow burning, mild recession is still a threat, the Bank of England said today. The rate of price increases is poised to more than halve from [...]
Caffe Nero shrugs off inflation as Brits’ coffee habits drive sales of £150m January 30, 2023 Caffe Nero generated UK sales of £150m for the first half of the financial year, averaging 104 per cent of pre-pandemic levels and an increase of 17 per cent for the same period in 2021. The coffee chain added Deliveroo and Just Eat to its delivery partner service last year, which it said helped secure [...]
The Notebook: Victoria Scholar on Chinese New Year, air fares and edible economics January 24, 2023 The notebook is where interesting people say interesting things. Today it’s Victoria Scholar, Head of Investment at Interactive Investor, on Chinese New Year, why air fares are on the increase and what we can learn about economics from food As the Chinese New Year begins, investors are increasingly turning their attention back to markets in [...]
Exclusive: London-based Peckwater Brands swallows competitor to become largest virtual food brand in Europe January 24, 2023 Peckwater Brands has acquired its chief competitor eatclever, making it the largest provider of virtual food outlets in Europe. The acquisition has seen Peckwater scooping brands like taste&soul, KoChi and Chicos from its health food-focused competitor, expanding its reach into Germany, Austria and Switzerland in the process. The terms and price of the deal are [...]
Babylon’s director should have known better and not let this movie fall into self indulgence January 23, 2023 Movies about movies tend to do well around Oscar season, and no one knows that better than Damien Chazelle. While La La Land famously didn’t win Best Picture in 2017, it did win six Oscars out of fourteen nominations, including Best Director. In Babylon, he returns to Hollywood but looks through a different lens. Starting [...]
The Alps, 1920s style: aboard the Venice Simplon-Orient-Express on its inaugural trip to ski resorts January 23, 2023 We discover that “The Train,” as society types call the Venice Simplon-Orient-Express, is the ultimate 1920s immersive theatre experience The train is careering through the darkened outskirts of Paris when oysters are placed at my table to pair with my last glug of champagne. I’m eating from an embroidered armchair more accurately described as a [...]