Quiz returns to profit for full year as the party season makes a comeback July 5, 2022 Quiz returned to annual profit this morning thanks to recovering party plans and end of lockdown measures. The British company posted underlying pre-tax profits of £788,000 for the year to March 31 following losses of £9.6m the previous year. It comes after the company reported strong online growth, with a 66 per cent increase in [...]
Revenue climbs for Supreme despite slowdown of lighting vapes July 5, 2022 Vaping giant Supreme posts revenue growth of seven per cent to £130.8m in its full year results thanks to fresh acquisitions and customer momentum for 88vape.
London markets kick off new week in mixed style as BP and Shell jump July 4, 2022 London markets kicked off a new trading week in mixed fashion today, with the FTSE 100 led higher by oil and gas giants. The capital’s premier FTSE 100 index jumped 0.89 per cent to 7,232.65 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped [...]
RAC urges Government to provide more support to UK drivers as petrol prices climb to new highs July 4, 2022 The RAC has urged the Government to provide more support for drivers, as petrol prices climbed to fresh records this weekend.
Kellogg’s loses court battle against government over sugary cereal promotion rules July 4, 2022 Cereal giant Kellogg’s has lost its court case against the government’s new rules on the promotion of sugary foods in supermarkets. Kellogg’s had argued the government’s formula does not take into account the nutritional benefits of milk, which is typically consumed with cereal at breakfast. However, a ruling at the Royal Courts of Justice sided [...]
Business rates have made American candy stores a blight on our streets July 1, 2022 The emergence of large numbers of American-styled candy stores across the West End over the last year has become a cause for concern amongst high street retailers, leisure businesses and hospitality owners alike. Having weathered the storms of the pandemic, which saw footfall and revenues plummet during lockdowns, the West End was beginning to show [...]
Buyer beware! The metrics suggest Bitcoin could drop even further June 30, 2022 Crypto AM columnist Dr Chris Kacher warns that, despite Bitcoin's current downturn, there may be further to fall.
Boots posts uplifted sales as owner Walgreens shelves plans for £5.5bn auction June 30, 2022 Boots has posted buoyant quarterly retail sales after its parent company abandoned plans to sell the chemist this week. In third quarter results, Walgreens Boots Alliance (WBA) stated profit was down on last year but had surpassed Wall Street expectations. The retail pharmacy giant posted adjusted earnings of $0.83bn or $0.96 per share for the [...]
Mike Ashley’s Frasers Group snares stake in Australian fashion marketplace as retail swoop continues June 30, 2022 Mike Ashley’s retail empire has nabbed a 29 per cent stake in Australia’s fashion platform MySale. Frasers Group has snared a 28.7 per cent holding in MySale, in its latest retail swoop, it announced on Thursday morning. My Sale puts global buyers in touch with sellers to Australian and New Zealand e-commerce sites. London-listed Frasers [...]
‘The sex toy bubble has burst’: Brits spend less on self-pleasure as food and energy bills swallow their budgets June 30, 2022 Brits are spending less on self-pleasure as they are forced to focus on paying for food and utilities instead. Research compiled by The Open University shows that the impact of the current cost of living crisis is hitting UK consumers hard, with 83 per cent of adults are reporting a rise in the cost of living, with 51 per cent having to spend [...]