Wickes reports sales growth ahead of winter dominated by rising energy costs home improvement Home improvement giant Wickes announced a boost in sales ground in the third quarter, as it looks to maintain “rigorous control” of costs ahead of a choppy winter. The retailer registered like-for-like sales growth of 2.6 per cent in the last three months, down from 5.4 per cent on the second quarter, but recovered from [...]
Kwarteng considers support for steelmakers as rising energy costs bite ENERGY CRISIS Steelmakers and other industrial manufacturers could be offered financial support from the government to ease spiralling energy costs.
Diageo drafts in former head of civil service Sir John Manzoni as new chair retail This comes as Diageo, which makes drinks such as Guinness and Pimm's, has seen its share price drop in the last year, in part due to the pressure of rising energy costs.
One in four people working from home will not turn heating on this winter amid rising energy costs January 14, 2022 Nearly a quarter of people working from home will not turn the heating on due to energy price concerns, says Electric Radiators Direct.
Christmas sales were a moment of reprieve as high streets play whac-a-mole February 2, 2023 Even the biggest retailers were severely dented by the pandemic, strikes, inflation and rising energy costs. It might be a game of whac-a-mole, but the high street is ready for another year, writes Richard Curry.
Recession will hike oil surplus this year, warns OPEC+ report August 31, 2022 There will be a bigger surplus in the oil market this year as rising energy costs, tighter monetary policy and recession fears weigh down demand.
Kwik Fit sheds 200 jobs as profits slashed on rising product and energy costs February 15, 2024 Kwik Fit shed more than 200 jobs as its profits almost halved after being hit by higher product and energy costs during its latest financial year.
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.
Rooftop solar installations will rise to record 1.47m as Brits try to beat high energy costs May 30, 2023 More residential and small-scale commercial rooftop solar power installations are expected to be made this year than ever before.
Carlton Club: A year of ‘successes and challenges’ for London private members’ club September 13, 2024 The Carlton Club has described facing both “successes and challenges” in its latest financial year as it battled high inflation, rising energy costs, train strikes and wage increases. The private members’ club said “unwelcome challenges” impacted its financial performance in 2023 but that it still managed to increase its surplus before tax by almost £200,000. [...]