The traditional financial system is broken – Bitcoin fixes this October 3, 2023 In an era of fiscal uncertainty, the need for sound money, like Bitcoin, becomes ever more critical, says Susie Violet Ward.
DX Group: Under offer logistics firm’s profits jump as EV investment drive continues October 3, 2023 Under offer logistics firm DX Group reported a jump in full-year profits as it continued to expand its network of depots across the UK and invest heavily in its electric vehicle (EV) fleet. The group, which offers services including logistics and parcel freight, saw pre-tax profits rise by a third to £26.8m, while revenues increased [...]
London business confidence stalls as concerns around inflation remain for firms October 3, 2023 Easing inflation has failed to improve business confidence in London, with just a quarter of firms anticipating the capital's economy to improve over the next year.
Boohoo warns of further sales falls as tough buyer market takes its toll October 3, 2023 Fast fashion giant Boohoo’s said its revenues fell by 17 per cent in the six months to August to £729m, and warned of further sales falls in the year ahead. The online shopping brand, which has been undergoing a turnaround plan, said that in the year ending February revenues could slip by between 12 to [...]
Tortilla weathers strikes and inflation as expansion drives 22 per cent revenue spike October 3, 2023 Tortilla Mexican Grill revenues jumped 22 per cent year-on-year to £32.7m as the fast-casual group continued to expand its sites across the UK. The popular Mexican chain reported a slight dip in pre-tax earnings amid headwinds from inflation and rail strike action and swung to a £600,000 loss, down from £300,000 profit last year. However [...]
Ryanair and Wizz Air numbers rubbish fears of travel slowdown October 3, 2023 Ryanair and Wizz Air reported strong passenger growth over September, despite fears in the industry of a slowdown in demand following this years' summer bonanza.
All night long: Greggs feels benefit of evening opening hours October 3, 2023 Sausage rolls are proving a hit long into the evening as high street baker's longer opening hours begin to pay off
Aussies hit pause again as global rate hike race appears over October 3, 2023 The Australian Central Bank appears to have brought to an end its aggressive rate hike cycle
Food inflation lowest level since last August, as supermarket price wars pay off October 3, 2023 The rate at which food prices increase has fallen to 9.9 per cent in September, down from 11.5 per cent the prior month, and the lowest level since last August, in the latest signal that cost of living pressures customers face at the till are beginning to ease. Shop price annual inflation is now also [...]
Trouble insuring electric vehicles threatens green shift, experts warn October 2, 2023 Insurers are facing huge challenges in handling electric vehicles (EVs), experts have warned.