B&M: Bargains boost sales during ‘golden quarter’ – but will shares continue to rally? January 5, 2023 Bargain hunters gave discount retailer B&M a timely Christmas present as it looks to continue a share price rally that has seen its value jump 18 per cent in the last six months. In its third quarter trading update B&M reported 12.3 per cent year-on-year revenue growth of £1.5bn during the 13 week period 25 [...]
Asos announces move to London’s main market January 13, 2022 Asos announces move to the main market of the London Stock Exchange after 20 years on the junior Aim market
Chung to build on recent success with Villa Fionn January 3, 2023 WITH a field consisting of some pretty ordinary middle-distance performers, and many looking past their sell-by dates, division one of the Tsun Yip Handicap (11:45am) over the extended mile at Happy Valley won’t take much winning. Newcomer Eighteen Palms will be the focus of attention, especially with Zac Purton in the saddle, after leading all [...]
January blues: Rail strikes hit the return to work – with even London transport affected January 3, 2023 Rail strikes are severely reducing services across the UK train network – with commuters forced to work from home on the first working day of the new year. Some Transport for London services are also affected, with the Elizabeth Line and the London Overground the most badly hit. Some other services – including the stretch [...]
Tech troubles: Apple iPhone 14 shipments hit by Chinese Covid-19 curbs November 7, 2022 There will be fewer iPhone 14’s under Christmas trees this year after Apple forecast smaller shipments of its latest offering. Apple supplier Foxconn issued a significant production cut as it battled against a Covid-19 outbreak at one of its large facilities in China in mid-October and tough local pandemic restrictions. The Zhengzhou plant – one [...]
Jump in business rates could be ‘final nail in coffin’ for many pubs and shops, sector warns October 18, 2023 The chief executive for UKHospitailty said the latest inflation reading and could be a “final nail in the coffin" for many businesses
“Stumbling from lamppost to lamppost”: Making sense of the UK’s GDP figures January 12, 2024 New GDP figures out this morning showed a better than expected economic performance in November - but it's more complicated than that.
Bestway Group ‘not considering’ bid for Sainsbury’s despite snapping up major stake in supermarket giant January 27, 2023 Bestway Group has expanded its investment empire to British supermarkets, snapping up a stake in Sainsbury's.
Foxconn boosts efforts to lure in staff as iPhone supply concerns mount December 1, 2022 Apple’s iPhone supplier Foxconn has boosted efforts to lure new employees as unrest continues in the crucial Zhengzhou region. Foxconn is now offering a 1000 yuan award (£117) to any employee that successfully refers a friend or family member to work at the plant. This new employee will need to work at the company for [...]
Firms could be forced to get rid of staff without clarity on further financial support December 14, 2021 Retailers and hospitality bosses have reiterated calls for fresh financial support measures as trade is hit by Omicron restrictions ahead of Christmas. Businesses said consumer confidence has been hit by the latest headlines, with shops reporting reduced footfall and pubs seeing cancellations of bookings. Londoners are bunkering down in a bid to ensure they can [...]