Halfords revenues rise as consumers sniff out budget auto care September 6, 2023 Halfords reported a 14.1 per cent hike in revenue for the first five months of the year as the retailer was bolstered by demand for “basic needs” services such as motoring. The motoring and cycling retailer said that revenue in its autocentres division grew 34.6 per cent and retail rose 3.7 per cent. Halfords has [...]
Mega rich splurge £1.3bn on office shopping spree around London September 5, 2023 The world’s mega rich are pouring their spare millions into offices around London, gobbling up £1.3bn worth of space in the last 12 months.
BP boss Bernard Looney pledges to stick to plans for oil and gas output cuts September 5, 2023 BP boss Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year.
Asda chairman says supermarkets owed ‘debt of gratitude’ as he snubs profiteering claims September 5, 2023 Asda’s chairman said supermarkets are owed a “great debt of gratitude” as he rebuffed claims that the grocer is profiteering from rising petrol and food prices amid the cost of living crisis. Speaking to LBC, Stuart Rose said that all retailers have seen their profits over the last year go “backwards”. “If you look at [...]
N Brown: Online retailers will ‘kick on’ again in new year following cost of living lull September 5, 2023 N Brown chief executive Steve Johnson said he expects online retailers to “kick on” again in the new year, following a lull period driven partly by customers returning to physical stores in order to shop around amid the cost of living crisis. Speaking to City A.M., Johnson, who heads up the business behind popular online [...]
Klarna global boss doubles down on UK investment despite regulation uncertainty September 5, 2023 Buy-now pay-later giant Klarna will double down on a UK investment drive despite lingering uncertainty around a clampdown on the sector by regulators this year, its global chief has pledged. Sebastian Siemiatkowski, founder and chief of the Swedish fintech, told City A.M. that the UK remained a key market for the firm despite a push [...]
Allwyn sees near-doubling of revenue after buying National Lottery operator September 5, 2023 Allwyn has seen half-year turnover nearly double after snapping up National Lottery operator Camelot and hailing resilient demand despite cost pressures on consumers.
Business improvement districts make London a success story for everyone to see September 5, 2023 London business districts do much good for the capital - raising capital through the business levy, and creating greener and safer areas. We must unleash their full potential, writes Ruth Duston
Say bye to fake burgers: lab-grown meat will be the rising star of the food revolution September 5, 2023 The real deal with meat alternatives will be lab-grown meat. It could change the rules of the food game once it enters the UK market, writes Phoebe Arslanagic-Wakefield
Our country needs economic growth fueled by the Square Mile to exit the current crisis September 4, 2023 To move our country forward, we need economic growth to provide jobs and prosperity. Luckily, the professional and financial services of the Square Mile are here to help, writes Chris Hayward