FICO UK Credit Card Market Report: September 2025 December 4, 2025 New data following Autumn Budget shows continued pressure on household finances with spending lower and balances higher than 2024
Argos treated like an ‘unloved child’ by Sainsbury’s December 4, 2025 Argos “is not performing to the best of its ability” and the strategy of its owner, FTSE 100 giant Sainsbury’s, has left it like an “unloved child”, according to an analyst. The future of Argos was thrust into the headlines after Sainsbury’s confirmed in September that it was in discussions to sell the retailer to Chinese e-commerce giant [...]
Weight-loss drugs ‘fundamentally changing’ the way Brits eat December 3, 2025 The rise of weight-loss drugs is starting to affect supermarket sales, with experts warning that the sector is unprepared for the change this Christmas. More than one in ten Brits is set to host someone on GLP-1 medication this year, prompting less alcohol and fewer sweets on the menu. “There is a worry that Christmas [...]
Toyota warns of ‘challenging road ahead’ after profit falls £100m December 3, 2025 The UK manufacturing arm of Toyota has warned “the road ahead may be challenging” after its profit slumped by more than £100m during its latest financial year. The division of the Japanese giant said the “uncertainties of the automotive industry and infrastructure to support vehicle type” were the main factors behind its pessimism. However, Toyota [...]
CI Financial Corp. Announces Private Offering of Euro Notes December 2, 2025 CI Financial Corp. (“CI” or the “Company”) today announced that it intends, subject to market and other conditions, to offer and sell (the “Offering”) in a private placement to eligible purchasers a series of its senior unsecured Euro-denominated notes (the “Notes”). Separately, the Company intends to commence an offering of senior unsecured Canadian dollar-denominated debentures [...]
Vivienne Westwood’s heirs bank £35m after record profit December 1, 2025 The widower and heirs of the late Dame Vivienne Westwood have banked £35m after profit at the late fashion designer’s company surged to a new record. Vivienne Westwood passed away at the end of 2022 at the age of 81 leaving her husband Andreas Kronthaler and two children in control of her business interests. Kronthaler, [...]
Gail’s to open 40 bakeries after creating 500 jobs December 1, 2025 Bakery chain Gail’s is to open 40 new sites by the end of February after creating almost 500 jobs during its latest financial year. The London-headquartered business said the new locations will all be open by 28 February, 2026, and it has plans to launch similar numbers “going forward”. The expansion comes after Gail’s opened [...]
Argos loses more than £200m as over 2,000 jobs cut December 1, 2025 Argos lost more than £200m during its latest financial year as over it cut over 2,000 jobs. The retailer, which is owned by FTSE 100 supermarket giant Sainsbury’s, has reported a pre-tax loss of £223.2m for the 12 months to 1 March, 2025. The loss comes after Argos posted a pre-tax profit of £37.3m in [...]
Buyer of WH Smith in late stage talks to snap up leading footwear chain November 30, 2025 The investment firm which bought WH Smith is in advanced talks to takeover a privately owned footwear retailer as it looks to snaps up more UK high street staples. Modella Capital is in late stage talks to buy Wynsors World of Shoes, which trades from approximately 50 standalone shops across the the north of the [...]
Budget: Reeves introduces ‘permanently lower’ taxes for retail and hospitality November 26, 2025 Chancellor Rachel Reeves has confirmed she will introduce permanently lower business rates for retail, hospitality and leisure firms, paid for by higher levies on big properties. Retailers have been crying out for business rates reform for years, with concerns that the tax creates an unfair playing field between high street and online firms, which only owe [...]