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4350 Search results for cost of living crisis

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  • Cutting wages is a short-sighted solution to hospitality’s woes

    January 17, 2024

    The hospitality sector is under pressure, but foregoing fair pay is not a long-term solution, writes Andrea Rasca.

  • Princes falls to £50m loss and makes further redundancies as potential sale looms

    January 16, 2024

    Food giant Princes cut over 150 jobs while slipping to a loss of more than £50m despite its revenue rising by £300m, new documents have revealed.

  • Ocado: Marks-linked grocery tech giant cheers bumper online Christmas orders

    January 16, 2024

    Ocado Retail, the grocery delivery service owned in a joint venture with Marks and Spencer, said it would return to positive EBITDA for the full year, as customers fall back in favour with the brand

  • Brewdog’s CEO James Watt hits back at ‘ridiculous levels of criticism’ following wages change

    January 15, 2024

    The chief executive of Brewdog has hit back at the "ridiculous levels of criticism" his company received following the news that it would no longer be paying staff the ‘real’ living wage.

  • In The Style: Why fast-fashion brand once worth over £100m was forced to sell itself in cut-price deal

    January 15, 2024

    The full financial challenges that faced fast-fashion brand In The Style before it was forced to sell itself to avoid administration have been revealed for the first time.

  • Fragrance Direct predicts return to growth after ‘challenging year’

    January 15, 2024

    Fragrance Direct has said it expects its performance to improve over the coming months after blaming its fall in sales on a number of factors including the cost-of-living crisis.

  • A sign of the times: Pawnbroker Ramsdens cheers ‘milestone’ year as cash-strapped Brits flog valuables

    January 15, 2024

    Pawnbroker Ramsdens recorded ‘milestone’ full year profits as it was helped by Brits flogging their goods amid the cost of living crisis.

  • Ocado: Are price cuts and M&S magic enough to help shares recover?

    January 14, 2024

    Ocado will update investors on its fourth quarter trading on Tuesday, to see if a barrage of price cuts has managed to win over more customers amid the cost of living crisis.  The supermarket technology business, which owns an online grocery venture with Marks and Spencer, enjoyed big wins during the pandemic but has struggled [...]

  • New study shows mental wellness is Brits’ number one self-care priority

    January 13, 2024

    A study has explored which forms of self-care are most important to Brits and what type of wellness activities are costing them the most.

  • Jon Robinson’s UK column: Giving a national voice to companies beyond the M25

    January 12, 2024

    Read the first edition of Jon Robinson's UK column - outlining how City AM is shining a light on business success outside of the M25.

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