West End braces itself for Black Friday spending boost November 23, 2023 Retailers in London are bracing themselves for the start of the Christmas spending period as a swarm of bargain hunting Brits are set to hit the West End this Black Friday. Unseasonable weather in both the summer and autumn battered the majority of retailers’ earnings over the first and second quarter of the year, so [...]
The London restaurants with Christmas food menus to book now November 23, 2023 These London restaurants have amazing Christmas food menus
Ofgem’s energy price cap to increase by five per cent as rising costs drive up winter bills November 23, 2023 Ther chancellor's main proposal was £960m for a “green industries growth accelerator”, but falling short of the US's green deal.
The Notebook: Victoria Scholar on the ever-changing appetites of retail investors November 23, 2023 Where the City’s big thinkers get things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor analysing retail investors' appetites.
Banks profiting from rate rises boost luxury concierge firm Ten Lifestyle November 22, 2023 UK banks profiting from soaring interest rates has helped boost earnings at luxury concierge platform Ten Lifestyle to record levels, the firm said today. The firm, which counts Coutts and St James’s Place as clients, works with a host of corporate customers to help organise everything from hotel upgrades to reserving tables at top restaurants. [...]
AO World raises guidance again as it returns to profit despite falling revenues November 21, 2023 Electrical retailer AO World has raised its profit guidance despite revealing a fall in revenue, according to a trading update published this morning. The online group, which calls Frasers Group its largest shareholder, said a decision to stamp out unprofitable sales led to a 12 per cent dip in revenue during the interim. But adjusted [...]
Asos: Short sellers ramp up bets against former retail favourite as profits dwindle November 21, 2023 Short sellers have been hiking their bets against Asos this month after the former e-commerce darling slashed its profit forecasts in September.
Halfords snubs £1.4bn tie up with van hire firm which ‘undervalues’ it November 20, 2023 Halfords has reportedly snubbed a £1.4bn merger offer with van hire firm Redde Northgate as it “undervalues” the motor and cycling group. However, a potential deal may not be completely off the cards, a source told The Telegraph: “There were discussions about what an integration of the two businesses might look like, but there were [...]
Hunt says his ‘priority is backing British business’ as he hints at tax cuts November 19, 2023 Jeremy Hunt has hinted that the autumn statement may contain more tax cuts for businesses in a bid to fire up the UK’s economy.
It’s the Year of the Pothole and Britain is crazy November 17, 2023 Forget the Chinese Zodiac – Britain’s automotive association has appointed itself responsible for assigning the symbol of the year. And they’ve chosen potholes.