Black Friday: London footfall up 13 per cent as cash-strapped Brits sniff out deals November 24, 2023 Central London saw a 13 per cent week-on-week jump in footfall this morning as shoppers flocked to the West-End to sniff out some Black Friday deals, in a much needed boost for retailers. The sales bonanza is an important day in the retail calendar as it kicks starts the start of the festive shopping season. [...]
Black Friday: HSBC UK investigating as a ‘matter of urgency’ after shoppers unable to access banking services November 24, 2023 HSBC UK is investigating “as a matter of urgency” as customers have been struggling to access banking services on Black Friday. The bank has apologised to customers and is working to restore its mobile and online banking service, including the authorising of online card purchases via the app. A message posted by the bank on [...]
Duvet? Check. Sweater? Check. Health check?… check. John Lewis launches in store clinics November 24, 2023 Customers shopping at John Lewis will now be able to check their iron levels alongside buying a new duvet set, as the struggling department store rolls out in store health clinics in its latest scramble to drag customers amid tough trading conditions. The ailing retailer has partnered with Covid testing group Randox Health to offer [...]
Mothercare’s sales slide as headwinds hit Middle East business November 24, 2023 Mothercare sales slid 15 per following tough trading conditions in the Middle East as the group warned of store closures in the region.
Nipper’s back: HMV swings open the doors of historic Oxford Street store November 24, 2023 HMV is to swing open the doors of its historic Oxford Street store after a four-year absence, with the retailer’s boss saying it is a “great moment” in the chain’s recovery.
Will the Natwest share sale plan really ‘get Sid investing again’? November 24, 2023 Natwest shares have sunk more than 24 per cent so far this year, with the bank’s stock cratering in its biggest one-day drop since Brexit after it reported weak third-quarter results at the end of October.
West End braces itself for Black Friday spending boost November 23, 2023 Retailers in London are bracing themselves for the start of the Christmas spending period as a swarm of bargain hunting Brits are set to hit the West End this Black Friday. Unseasonable weather in both the summer and autumn battered the majority of retailers’ earnings over the first and second quarter of the year, so [...]
The Notebook: Victoria Scholar on the ever-changing appetites of retail investors November 23, 2023 Where the City’s big thinkers get things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor analysing retail investors' appetites.
Pubs raise a glass to Hunt’s alcohol duty freeze and rates relief November 22, 2023 The UK's struggling pub sector has said it was "extremely pleased" with the news that alcohol duty will be frozen and business rates relief has been extended.
Natwest: Hunt plots ‘tell Sid’ sale of remaining government stake November 22, 2023 Hunt has revealed the government will look to offload its remaining stake in Natwest to retail investors over the next year as part of a bid to boost participation in public markets.