Getir to slash 2,500 job roles as demand for delivery fades August 22, 2023 Grocery order service Getir will slash 2,500 jobs from its global workforce, in the latest signal that demand for rapidly delivered goods is dwindling. The startup has said it is cutting 10 per cent of its 23,000 strong workforce across the UK, Netherlands, Germany, the US and its homeland of Turkey. In recent months the [...]
Could Putin pull Russia out of key Ukraine grain deal, and what would the impact be on global markets? April 7, 2023 Russia could pull out of a wartime deal that allows the export of Ukrainian grain to global markets if the West fails to remove obstacles to Russian agricultural exports, Moscow’s top diplomat has said. The deal, brokered by the United Nations and Turkey in July, unblocked shipments stuck in Ukraine’s blockaded and mined ports, alleviating [...]
The Royal Exchange gets sprawling new restaurant from former Quaglino’s boss December 15, 2023 A sprawling new restaurant The Royal Exchange will open in the spring
Tate & Lyle: Revenue dips after it passes cost savings on to customers July 25, 2024 Speciality ingredient specialist Tate & Lyle has seen its revenue dip despite increasing its product volume after it passed on its cost savings to customers via lower prices.
The one winner from the UK’s miserable summer?… Wind turbines August 8, 2023 Brits have been disappointed by persistent gloomy weather this summer. But there has been one winner from the overcast skies – wind turbines.
Retail sales: Shoppers feeling the love in lead up to Valentine’s Day not enough to protect sector from ‘volatile trading conditions’ March 7, 2023 Shoppers scrambling for gifts in the lead up to Valentine’s Day helped boost retail sales in February, however the sector has warned that it’s still facing “volatile trading conditions”. According to figures published by the British Retail Consortium (BRC), UK total retail sales increased by 5.2 per cent in February as consumers showed they were [...]
Ocado: Surging tech solutions growth drives sales for Sparks-linked online grocer February 29, 2024 Online grocery company Ocado has reported improved revenues driven by improvements in its retail and technology businesses.
Huddled snaps up surplus beauty seller founded by former-L’Oreal lawyer July 8, 2024 Circular economy specialist Huddled has acquired the surplus beauty and cosmetics seller Boop Beauty in the latest in a string of brand takeovers.
UK should ‘explore’ closer trade relations with EU, Jonathan Reynolds says July 7, 2024 The UK should “explore opportunities” for closer trade relations with the European Union (EU), Jonathan Reynolds has said.
Hawksmoor restaurant chain reportedly looking for buyer July 3, 2024 Since 2013, the chain has been majority-owned by private equity firm Graphite Capital, which, according to the Financial Times, has instructed the US investment bank Stephens to run a sales process.