Public spending to ‘boost growth’ next year, but inflation also set to spike December 4, 2024 In its latest economic outlook, the Organisation for Economic Co-operation and Development (OECD) projected that growth would pick up to 1.7 per cent in 2025.
How Games Workshop worked its magic to join the giants of the FTSE 100 December 4, 2024 Games Workshop is officially set to battle its way into the FTSE 100 later this month for the first time in its history, cementing its place as a titan of the City. The Warhammer maker is now the 85th biggest listed company in the UK, guaranteeing its spot in London’s main index and eclipsing household [...]
Gail’s Bakery to open 35 new locations amid £500m sale talks December 3, 2024 Gail’s Bakery is planning to open 35 new locations across England during its current financial year as it considers a £500m sale. The London-headquartered business opened 21 in its latest 12 months – a period which also saw its revenue surge from £181.7m to £231.7m. Newly-filed accounts with Companies House for the year to 29 [...]
How I crafted the perfect recipe for my multimillion-pound biscuit brand December 3, 2024 Building a successful business takes a focussed mind and a steady hand - but can you have both?
Festive period off to a ‘bad start’ for retail sector as sales drop December 3, 2024 The British Retail Consortium's (BRC) sales monitor showed that sales volumes fell 3.3 per cent in the year-to-November, compared to a 2.3 per cent increase last year.
Business confidence takes ‘decisive turn for the worse’ after Budget, says CBI December 2, 2024 The Confederation for British Industry's (CBI) growth indicator showed that more firms expected activity to fall in the three months to February than to increase.
Mothercare slumps to loss as market woes in Middle East continue December 2, 2024 The firm slumped to an adjusted pretax loss of £1.4m in the six months to the end of September, swung from a profit of £1.8m in the same period last year.
Lacoste: Flagship London store fails to boost sales as label falls to loss November 29, 2024 The opening of a flagship store in London’s Regent Street failed to stop the UK arm of sports fashion label Lacoste entering the red, it has been revealed. The business has reported a pre-tax loss of £3.2m for 2023, according to delayed accounts filed with Companies House. The results for the brand also show its [...]
Black Friday: Retailers look to cash in as early spending surges November 29, 2024 Black Friday spending is up by more than a fifth as Brits look to find deals online and on the high street, according to early data. The discount day last year was the busiest shopping day on record for Nationwide customers, and the lender said by 9am spending was up 21 per cent compared to [...]
Black Friday is letting small retailers suffer November 29, 2024 Consumers say they want to support small businesses, but Black Friday tells a different story, writes Holly Tucker in today's Notebook.