Brexit: UK announces plan to kill off Northern Ireland protocol, outrage and disbelief in EU capitals May 17, 2022 Foreign Secretary Liz Truss just announced the Government’s intention to introduce legislation “in the coming weeks to make changes in the [Northern Ireland] protocol”. She told the Commons: “As the Prime Minister said, our shared objective has to be to find a solution that commands the broadest possible cross-community support for years to come and [...]
M&S cut prices on a range of items as shoppers face cost of living crunch April 11, 2022 Marks & Spencer has slashed prices on some core grocery items as it hopes to woo shoppers amid rising costs. Supermarkets are endeavouring to maintain their market shares while shoppers have flocked to discount retailers to mitigate the cost of living crunch in recent weeks. M&S revealed on Monday that it had lowered prices on [...]
Egg farmers: Supermarkets must raise prices by 40p to avert sector crisis March 31, 2022 Egg farmers have called on supermarkets to up the price of a dozen eggs by 40p as producers face cost pressures. Many free range egg farmers are bleeding cash on every egg laid by one of their hens, according to the British Free Range Egg Producers Association (BFREPA). Shoppers in the UK were unable to [...]
Lockdown DIYers push B&Q owner Kingfisher past £1bn profit March 22, 2022 Kingfisher’s sales shot up last year as the B&Q owner became the third UK retailer to exceed £1bn profit. The home improvement behemoth joined retail titans Tesco and Marks & Spencer when it revealed its profits had reached record levels on Tuesday. Lockdown DIYers sent sales past £13bn for the year to 31 January, thanks [...]
M&S franchises remaining open in Russia is ‘buttressing Putin’s brutality’, Tory MP says March 18, 2022 Marks and Spencer has been urged to close its stores in Russia by a Conservative MP. Marks and Spencer has been urged to close its stores in Russia by a Conservative MP. The representative for Rutland and Melton, Alicia Kearns, made her comments while hosting four Ukrainian politicians on Thursday. This comes as major international [...]
Our businesses have been built by industrious refugees seeking a new future March 15, 2022 Exactly a hundred and forty years ago, a refugee fled eastern Europe fearing for his life. On arriving in Britain, Michael Marks began selling food from a stall in the Kirkgate Market in Leeds. Two years later, after meeting Thomas Spencer, the pair set up Marks and Spencer. Now it is one of Britain’s most [...]
UK firms welcome Ukranian refugees with offer of 10,000 jobs March 13, 2022 British businesses including Marks & Spencer are calling on government to welcome Ukranian refugees fleeing war in Russia.
‘It was either streaming, scrabble or lingerie’: Sales at Samantha Cameron’s favourite lingerie firm get 200 per cent pandemic boost February 27, 2022 A UK-based lingerie and swimwear company once favoured by Samantha Cameron said this weekend it has seen a 200 per cent spike in lingerie sales during the pandemic as customers looked to spice up their bedroom attire. The founder of Pour Moi said he saw customer numbers soar to help sales reach £31m in the [...]
Rees-Mogg made minister for ‘Brexit opportunities’ in mini-reshuffle February 8, 2022 Jacob Rees-Mogg is now minister for “Brexit opportunities” in the Cabinet Office after he was moved from his post as House of Commons leader in a mini-reshuffle today. He will still attend cabinet in the newly created role, which will also include a remit to oversee “government efficiency”. Mark Spencer, former chief whip, replaces Rees-Mogg [...]
M&S remains UK’s fastest growing supermarket catching up with Big Four grocers February 8, 2022 Marks & Spencer has maintained its position as UK’s fastest growing food retailer, market researcher NielsenIQ said today, indicating its turnaround plan is gaining momentum. It said M&S’s sales rose 12.3 per cent in the 12 weeks to January 29 year-on-year, giving it a market share of 3.6 per cent, up 0.4 percentage points on [...]