Budget Britain: Inflation forces families to trade down and opt for staycations June 28, 2023 Britons are trading down to cheaper products and are opting to holiday at home in response to rampant inflation and higher interest rates squeezing their budgets, new research out today shows. Some 40 per cent of families have been buying more value or own brand products in 2023, according to analysis from consultancy KPMG. The [...]
Foresight venture capital trusts make 10 times return on spectroscopy firm sale March 12, 2024 The group has been soled to an unnamed American investor for £11.2m, more than 10 times what the VCTs paid for it in 2015.
Triple lock: Pensioners could be set for inflation-busting state pension rise next April October 18, 2023 Under the triple lock, the state pension usually rises each April by inflation, wages or 2.5 per cent – whichever is higher.
Aldi to lift restrictions on fresh produce as shortages ease March 11, 2023 Aldi said it will remove all customer limits on buying fresh produce as supply issues which led to widespread shortages begin to ease. The supermarket joins Lidl and Asda in lifting restrictions. Aldi said in a statement on Saturday: “From Monday (March 13), Aldi will remove all purchasing restrictions on fresh produce – including limits [...]
Nightmare before Christmas? Nearly 4,500 UK retailers are in ‘critical financial distress’ December 21, 2023 Nearly 4,500 UK retailers are in “critical financial distress” during the sector's ‘Golden quarter’ due to weak Christmas sales performances.
Billionaire Issa brothers split up as Asda takeover announced June 7, 2024 Asda is to get a new majority owner after one of the billionaire Issa brothers agreed to sell his stake, it has been confirmed.
Domino’s Pizza Eurasia rejects fresh takeover bid from Indian rival which ‘undervalues’ it December 19, 2023 London listed Domino’s Pizza Eurasia has rebuffed a revised takeover offer from Jubilant Food Works on the grounds that the offer “undervalues” the business. DP Eurasia is the master franchisee for Domino’s Pizza in Turkey, Azerbaijan and Georgia, while Jubilant is the master franchisee for the chain in India. Jubilant recently increased its stake in [...]
Oktoberfest: This London bar is offering free beer if you wear lederhosen August 13, 2024 Dress in lederhosen or dirndl this Oktoberfest and get a complimentary stein this autumn from King’s Cross purveyors of all that is great about German culture, the German Gymnasium. Opened in 1865 by the German Gymnastics Society as an actual gym, the high-ceilinged building relaunched as a restaurant in 2015. They’ll be throwing Oktoberfest celebrations [...]
Ask the expert: Tom Cenci on where to eat and drink in London November 16, 2022 Nessa executive chef Tom Cenci tells us where to eat in the capital on your day off, from gourmet to takeaway. FACING HEAVEN This is one of my favourite, if not my number one, places to go in London; it’s a cool, quirky little restaurant that’s full of character. I don’t want to jinx it, [...]
Brexit: Most people think UK was wrong to leave EU, according to Tony Blair Institute June 23, 2023 More than 50 per cent of people believe that the UK was wrong to leave the EU seven years on from the referendum, according to a new poll. Based on a survey of 1,525 adults and carried out at the start of June, the poll found that 34 per cent still believe that Brexit was [...]