Buzz Bingo hails ‘reset’ as chain posts best results since Covid-19 pandemic July 1, 2024 The company behind Buzz Bingo cut its pre-tax loss as its sales passed the £200m mark during its latest financial year, according to new figures.
3i Group ups dividend as Action’s ‘remarkable growth’ continues May 9, 2024 Private equity giant 3i Group upped its dividend as its full year results were boosted by the "remarkable growth story" of Dutch retailer Action.
Central London Alliance calls for government to cut VAT for hospitality, tourism and leisure January 23, 2024 Central London Alliance (CLA) calls on the Government to address the UK’s lack of competitiveness on the global tourism market, beginning with a cut to VAT for the hospitality, tourism and leisure industries. Figures from the Office of National Statistics (ONS) show that visits to the UK increased 112 per cent year-on-year, generating £30 billion [...]
Dunelm adds Mastercard UK boss to executive team March 11, 2024 Dunelm has added Mastercard's UK and Ireland president to its executive team.
Dunelm: Savvy shoppers cash in on later winter sales as online purchasing booms April 20, 2023 Dunelm shoppers looking to bag a bargain were boosted by a delayed winter sale, with online purchases seeing another post-pandemic bump. The London-listed retailer reported sales of £432m up from £399m in the same period compared to last year. Dunelm attributed the moving of its Winter sale into the third quarter – compared to the [...]
Mark Kleinman: FCA row risks casting shadow over City set-piece May 16, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Wine sellers bottle it as middle-class customers scale back amid cost of living crisis October 25, 2023 Virgin Wines' chief executive officer, Jay Wright, is "confident" in the group's longer-term prospects — despite a 10 per cent drop in share price.
Fashion retailer Joules forecasts £18m revenue hit due to new lockdown restrictions January 7, 2021 British fashion retailer Joules has forecast a revenue hit of up to £18m due to the current Covid-19 lockdown restrictions in the UK, the firm said as it announced a sharp drop in store sales over the winter. Joules said total store sales declined 58 per cent in the seven weeks to 3 January due [...]
City A.M. TV: Daily Market Snapshot (video) March 16, 2021 With the Fed decision and press conference looming tomorrow and with various markets at key levels, this is an important week for equity markets. The S&P500, for example, is attempting to push to new record highs, US 10 year bond yields have stalled at around the 1.60 per cent yield level, while the UK’s FTSE100 [...]
We shouldn’t be running out of tomatoes because we can’t sort out our supply chains May 5, 2023 Over the last month, bad weather in Europe and Northern Africa led to certain salad items being in short supply across the UK. Leading supermarkets, including Tesco’s, Morrisons, Aldi and Lidl all limited the number of tomatoes, peppers and lettuce that consumers can buy. Product shortages aren’t necessarily unusual, but since the pandemic, they have [...]