Champagne Lanson’s UK sales fail to fizz despite popularity in London’s West End July 16, 2024 An uptick in people toasting West End night outs with a glass of fizz failed to boost profit at the UK arm of bubbly producer Champagne Lanson, according to newly-filed documents.
Farmfoods adds hundreds of new jobs as turnover passes £1bn for the first time July 16, 2024 Farmfoods has added more than 200 new jobs to its team as its turnover breezed past £1bn for the first time in its history, according to newly-filed documents.
Ocado shares lead the FTSE 250 as chief announces ‘clear roadmap’ to profit July 16, 2024 The company told markets this morning, that it had revenue of £1.5bn, up by 12.6 per cent year on year, driven by 22 per cent growth in technology solutions.
Natwest: UK government’s stake drops below 20 per cent as privatisation plan accelerates July 15, 2024 The government has offloaded another chunk of its stake in Natwest today and taken its holding in the company below 20 per cent for the first time since the financial crisis.
Burberry shares nosedive as sales collapse and firm cancels dividend July 15, 2024 Gerry Murphy, the chair of Burberry, described the results as “disappointing” and cited a “more challenging than expected” luxury market.
Hawes & Curtis: Working from home prompts major pivot for brand owned by Dragons’ Den star Touker Suleyman July 15, 2024 Hawes & Curtis, the formal menswear brand owned by Dragon's Den star Touker Suleyman, said it will focus more on casual clothing after seeing its profit dip last year, newly-filed documents have revealed.
ECB to dominate focus for traders in busy week of UK data July 15, 2024 "It seems extremely unlikely that the ECB will cut rates again when they meet next week," analysts at RBC said.
10m pints! Pubs set to cash in on Euros mania ahead of England vs Spain clash this weekend July 12, 2024 "The Euros final this Sunday will be a momentous day for the country and our nation's pubs and bars, which are set to see a sales boost of £120m,” Kate Nicholls, chief executive of UKhospitality, said.
Carpetright lines up PwC as looming administration puts thousands of jobs at risk July 12, 2024 Carpetright is on the brink of collapsing into administration, putting thousands of jobs at risk.
Uniqlo pushes for third year of record profit despite China slowdown July 12, 2024 Uniqlo’s parent company Fast Retailing has raised its profit forecast for the year on strong domestic and overseas demand, despite a significant slowdown in Chinese demand. The company lifted its full-year operating profit forecast to 475bn yen (£2.3bn) for the year ending August, up from 450bn yen. Revenue rose to 86.8bn in the third quarter, [...]