Almost 300 pubs closed last year ahead of cost rises February 17, 2025 The British Beer and Pub Association warned that urgent Government action is needed to avoid more “completely avoidable” closures.
Britons, our businesses need YOU to take risks February 17, 2025 Brits have become too cautious, and business is suffering because of it. It's time for us all to embrace risk, writes Chris Hayward.
Chopstix doubles its sales in four years as UK expansion continues February 14, 2025 Asian food eatery chain Chopstix more than doubled its sales over a four-year period ahead of being snapped up by a European giant, it has been revealed. The London-headquartered business has posted a turnover of £64.5m for the 12 months to 28 April, 2024, its final full year before being acquired. A 51 per cent [...]
Shein: Tariffs and cheap goods crackdown could hit London listing February 14, 2025 Fast-fashion retailer Shain faces an uncertain future amid the threat of Trump tariffs and a crackdown on the sale of cheap goods overseas. There were rumours that Shein planned to list in London with a £50bn float around this Easter, but according to the FT, this boon for London’s market is likely to be shelved [...]
In The Style goes out of fashion as administration looms February 14, 2025 Fast-fashion retailer In The Style is on the brink of collapsing into administration two years after being forced into a rescue deal. FTS Recovery is being lined up to oversee the potential administration of the company which was founded by Adam Frisby in 2013. The business was previously listed on the London Stock Exchange’s AIM [...]
Valentine’s day in 2025: Expensive dinners, cheap gifts and ‘bruv dates’ February 14, 2025 In case it wasn’t already clear by the availability of restaurant tables in central London this February 14th, Brits are ditching expensive gifts in favour of meals out with friends or partners this Valentine’s Day. It seems decades of films and songs have encouraged both singletons and those in relationships to get out of the [...]
City chief to warn UK has become ‘allergic to risk’ February 12, 2025 The UK has become “allergic to risk”, the antidote to which “can’t come soon enough”, the City of London’s policy chair will warn in a speech today. Speaking at an annual jamboree on City policy, Chris Hayward will call for a cultural overhaul of how politicians and regulators perceive risk, and propose a slew of [...]
‘First of its kind’ sustainable skyscraper gets green light from City of London February 11, 2025 Planning permission for an innovative 33-story tower at the old headquarters of M&S has been approved by the City of London Corporation, the latest in a string of top-quality skyscrapers approved in the capital. The building at 70 Gracechurch Street, originally constructed in 1990s as the headquarters for Marks and Spencers, will deliver over 550,000 [...]
Dunelm chief steps down after guiding firm through transformation and Covid February 11, 2025 Dunelm’s chief executive Nick Wilkinson will step down after seven years after leading the company through a strategic change, digitalisation, and the pandemic. Wilkinson will remain at FTSE-listed Dunelm until a successor is appointed. Sales at Dunelm have been consistently rising over the past few years as its personalised, relatively low-cost homewares go down well [...]
BP shares top the FTSE 100 as Elliott stake ignites breakup chatter February 10, 2025 BP shares jumped to the top of the FTSE 100 this morning as a rumour emerged that an activist hedge fund had taken a position in the stock. Shares in the blue-chip oil giant jumped eight per cent in early deals on the news activist hedge fund Elliott Investment Management had built a position in [...]