FTSE bosses earn 57 times more than their employees as debate rages over London’s competitiveness December 18, 2023 Bosses of FTSE 350 firms are typically paid 57 times more than their employees, according to new data, as City grandees argue over the best way to attract talent to London.
Games Workshop signs deal with Amazon to make Warhammer TV shows December 18, 2023 Wargames maker's deal with online giant will transform Warhammer 400 game into film and television series
Hollywood Bowl eyes further expansion as customers keep spending despite cost of living crisis December 18, 2023 Hollywood Bowl has raised its dividend off the back of a strong performance as customers keep spending despite the economic climate.
Hollywood Bowl to strike lucky despite cost of living pressures December 17, 2023 Hollywood Bowl is expected to present investors with strong profits amid a period of strong demand from Brits for leisure activities despite the cost of living crisis. The operator of bowling alleys and mini golf will announce its full year results on Monday, not long after one of its closest rivals Ten Entertainment was taken [...]
Sainsbury’s boss: Brits don’t have time to bargain hunt with rivals December 17, 2023 The chief executive of Sainsbury’s has said that customers are shunning the likes of Aldi and Lidl in favour of ‘Big Four’ grocers, as a return to the office and a resulting lack of time has left them unable to shop around for deals. In an interview with The Telegraph, Simon Roberts said that the [...]
Is Mike Ashley plotting a takeover of another UK retailer? December 17, 2023 Retail tycoon Mike Ashley is understood to be plotting an acquisition of ailing luxury fashion site Matchesfashion.
Insolvencies surged in November, confirming 2023 is set to be the worst year for corporate collapses since 2009 December 15, 2023 The number of insolvencies in November was 2,466, a 21 per cent increase from the same month in the previous year.
Recession red-flags but Brits still look set to splash the cash this Christmas December 15, 2023 Consumer confidence has increased amid Christmas cheer in a small but much-needed boost for retailers, figures show.
Bank of England holds interest rates – what does it mean for mortgages? December 14, 2023 The Bank of England has held interest rates at 5.25 per cent for the third time in a row, offering a glimmer of hope for the mortgage and property market. Steve Seal, chief of Bluestone Mortgages, said that today’s decision to leave rates untouched will be welcomed by “would-be and existing borrowers, who have felt [...]
Currys UK earnings slump amid cost of living crisis December 14, 2023 Electronic goods retailer Currys has recorded a 40 per cent drop in earnings before interest and tax (EBIT) in its UK and Ireland arm.