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4293 Search results for cost-of-living crisis.

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  • Safestyle: Almost 700 jobs to go after listed window firm enters administration

    October 30, 2023

    The Bradford-headquartered business has a manufacturing site in Wombwell, near Barnsley and 42 branches and depots across the country.

  • As banks refuse to pass on interest rates, they lose customers’ faith

    October 30, 2023

    As banks refuse to pass on interest rates, their customers are deserting them, writes Victor Trokoudes.

  • Supercar demand to keep Ferrari in the fast lane despite ‘softer’ third quarter

    October 29, 2023

    Investors await Ferrari's third quarter results this Thursday to see if the Italian supercar maker can continue its impressive growth amid a cost of living crisis.

  • Could Asos be set to offload Topshop?

    October 28, 2023

    Asos, the ailing online fashion retailer, is exploring a sale of Topshop, less than three years after it acquired the high street brand from Philip Green’s collapsed Arcadia empire.  Notice of the sale could be announced as soon as Wednesday in conjunction with the digital retailers full year results, which Asos said have been pushed [...]

  • Tesco UK chief steps down as Britain’s biggest supermarket brings in former Aldi top exec

    October 26, 2023

    Tesco’s UK division will bring in a senior executive from challenger grocer Aldi, following the departure of its veteran chief. Britain’s biggest supermarket said Matthew Barnes will take over after Jason Tarry today announced his upcoming departure today, following 33 years with the company. Tarry, who has been at the top for six years, will [...]

  • London businesses pin hopes on Black Friday for sales boost after washout summer

    October 26, 2023

    Black Friday, which starts on the 24th of November, is often seen as the start of the Christmas shopping period for many customers and high street stores.

  • Wine sellers bottle it as middle-class customers scale back amid cost of living crisis

    October 25, 2023

    Virgin Wines' chief executive officer, Jay Wright, is "confident" in the group's longer-term prospects — despite a 10 per cent drop in share price.

  • Soon-to-sell sofa chain ScS finds little comfort in cost of living Britain

    October 25, 2023

    Sofa chain ScS has swung to a loss according to its preliminary results, with the soon-to-be acquired sofa chain blaming a challenging economic climate for the dip. 

  • Britons dump working from home as soaring energy bills chase workers back into the office

    October 24, 2023

    Recent research reveals that the cost of living crisis and soaring energy bills are pushing workers back to the office.

  • Sharon White: Departing John Lewis boss calls for ‘cross-party’ effort to fix ailing high streets

    October 24, 2023

    The 56-year-old former Ofcom boss, confessed that department store John Lewis is now 60 per cent online and 40 percent physical. 

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