‘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 [...]
Partygate dying down: Boris Johnson heading to PMQs after tinkering top team as PM tries to regain grip on power February 9, 2022 Prime Minister Boris Johnson will face MPs after tinkering with his top team as he looks to stave off a confidence vote and lay the foundations for the next election battle. After months of being dogged by partygate allegations and a fresh controversy over his Jimmy Savile remarks, the Prime Minister opted to embark on [...]
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 [...]
Ocado shares plummet 10 per cent as investors show anxiety towards ‘resilient’ growth February 8, 2022 Ocado’s shares are taking a beating this afternoon, with investors appearing unimpressed by group revenue and international expansion. Despite the online retailer reporting that group revenue was up 7.2 per cent to £2.5bn for the full year, shares plummeted as much as ten per cent this morning. It comes after Ocado, which is a 50:50 [...]
This is not just a settlement: M&S agrees deal with Aldi over caterpillar cake February 1, 2022 Marks & Spencer has settled a long-running copyright dispute with Aldi over its iconic Colin the Caterpillar cake.
Nusrat Ghani: Boris Johnson orders inquiry over Islamophobia allegations January 24, 2022 The Prime Minister has ordered an inquiry into a Conservative MP’s allegations was fired from a ministerial job as her Muslim faith was making colleagues uncomfortable. Boris Johnson has asked the Cabinet Office to conduct an inquiry into the claims from Nusrat Ghani, Downing Street said on Monday. “As he said at the time, the [...]
Raab: Nusrat Ghani should make formal complaint over Islamophobia allegations January 23, 2022 Conservative MP Nusrat Ghani should lodge a formal complaint over allegations she was sacked as a minister because she was a Muslim, justice secretary Dominic Raab has said. Raab said the allegations were “incredibly serious” and that there will only be an investigation by the Conservative party if Ghani submits a formal complaint. Ghani told [...]
London markets dip as retailers give up this week’s gains January 13, 2022 London markets eked marginal gains yesterday despite retailers giving up some gains registered throughout the week. The capital’s premier FTSE 100 index closed 0.16 per cent higher at 7,563.85 points, while the domestically-focused FTSE 250 index, which is more aligned to the health of the UK economy, fell 0.38 per cent to 22,958.48 points. Britain’s [...]
Asos shares jump after posting ex-Paddy Power boss to board January 13, 2022 Asos has posted the former boss of Paddy Power to its board today, in a move which helped pushed the retailer’s share price up over 10 per cent. The online retailer also announced this morning that it would be shifting to London’s main market, after two decades on the junior AIM index. Patrick Kennedy, who [...]