Cazoo: The full story of how online car retailer went from $8bn valuation to staring into the abyss February 1, 2024 The online car retailer, Cazoo, just three years old at that point in August 2021, was now worth $8bn, having decided to snub London and float across the pond.
Club L London: Sales almost double as profits rise and headcount jumps February 1, 2024 Sales have almost doubled at fashion retailer Club L London during a year which also saw its profits and headcount jump.
GoHenry boss Louise Hill: I’d have loved to stay UK-owned February 1, 2024 Each week Charlie Conchie interviews the biggest names in the world of finance and tech. This week he sits down with Louise Hill, the founder of kids’ money-management business GoHenry, which was taken over last year “I blame my kids,” laughs Louise Hill from her office in Farringdon. The founder of children’s finance app GoHenry used to [...]
IKEA to open new stores as UK profits more than double January 31, 2024 IKEA's UK profits more than doubled during its latest financial year as it sets it sights on opening new stores.
Farfetch applies to appoint UK administrator as investors fight Coupang takeover January 30, 2024 The directors of online luxury goods retailer Farfetch have applied to the English High Court with an application to appoint an administrator.
UK economy: Consumer borrowing dropped last month in latest recession warning January 30, 2024 Consumer borrowing dropped sharply in December in the latest sign that the UK economy probably slipped into recession at the end of last year.
Pets at Home issues profit warning after retail sales fail to grow as predicted January 30, 2024 Pets at Home has warned its profits will not be as high as previously forecast after its retail sales faulted.
Shop price inflation drops as supermarkets slash costs January 30, 2024 Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices.
Moving markets: Five things shaping the FTSE 100 today January 30, 2024 Asian stocks stand firm in the wake of Wall Street's record highs, while oil prices surge amidst escalating Middle East tensions, shifting investor attention towards the Federal Reserve, Bank of England, and Q4 tech earnings.
Mike Ashley’s Frasers continues expansion with move into former John Lewis site January 29, 2024 Mike Ashley’s Frasers Group will move into the former John Lewis space at Invesco’s £202m shopping centre in Queensborough, as it pushes ahead with expansion plans.