Zizzi and Ask Italian owner Azzurri heralds strong year as it keeps building after Covid February 12, 2024 Hospitality investment firm behind popular eateries such as Zizzi, ASK and Coco reported strong revenue growth last year as it looks to build on new brands.
Pay growth to ease for first time since Covid in ‘key moment for labour market’ February 12, 2024 Jon Boys, senior labour market economist for the CIPD, said "this feels like a key moment in the UK labour market".
Profits fell at green tech start-up Myenergi ahead of major job losses February 12, 2024 Profits were cut at smart home start-up Myenergi ahead of the HSBC-backed company slashing more than 100 jobs, it has been confirmed.
Shawbrook owners mulling second listing attempt in potential boost for City February 12, 2024 The owners of Shawbrook Bank are reportedly exploring another IPO for the lender after plans for a £2bn blockbuster listing fell through two years ago.
Yodel suitor The Delivery Group hails ‘strong’ performance despite ‘challenging’ year February 12, 2024 Losses widened at The Delivery Group, which is among the companies who could be able to take over Yodel, during its latest financial year.
Fashion brand Lands’ End pins growth hopes on ‘renewed strategic focus’ after losses widen February 12, 2024 The UK arm of US fashion brand Lands' End is hoping a "renewed strategic focus" will help it return to growth in the coming years.
Retail: Insolvencies expected to ‘uptick’ as market consolidates amid Superdry and Ted Baker trouble February 12, 2024 Less than two months into 2024 and six UK retailers have already gone bust, with a further two warning they may fall into trouble, as experts warn the market will “continue to see an uptick in insolvencies”. According to figures from Centre of Retail Research, over 400 job roles have been impacted by retailers shutting [...]
Winter recession to be confirmed for UK economy – but experts are upbeat about 2024 February 12, 2024 New figures are likely to confirm that the UK economy fell into a shallow recession in the second half of last year, but experts are hopeful that 2024 will be a better year.
FTSE 100 today: London markets set for muted start amid thin Asian holiday trade February 12, 2024 Australia's equities slip, while Asian markets remain closed for holidays; Bitcoin surges, and gold pauses in light trading. Eyes are on Tuesday's U.S. inflation report and Fed speeches.
Business confidence ‘cautiously’ returns as service sector continues recovery February 12, 2024 A continued recovery for the service sector has boosted UK business confidence as output levels start to inch closer to pre-inflation highs.