Grain and a grape: Chapel Down sparkling wine sales fizz as Kent company sloes down gin and vodka focus March 29, 2023 Winemaker Chapel Down has reported a jump in sales and profits with drinkers snaffling up record numbers of it sparkling wine. The Kent-based company said sales of traditional-method sparkling wine – which includes its brut and sparkling bacchus – surged by more than 50 per cent over 2022, as the business took steps to become [...]
Electric vehicle sales tumbled in January as private buyers opted out February 5, 2024 New electric vehicle (EV) registrations by private buyers fell by a quarter in January, as high costs continue to perturb customers.
Black Friday: HSBC UK investigating as a ‘matter of urgency’ after shoppers unable to access banking services November 24, 2023 HSBC UK is investigating “as a matter of urgency” as customers have been struggling to access banking services on Black Friday. The bank has apologised to customers and is working to restore its mobile and online banking service, including the authorising of online card purchases via the app. A message posted by the bank on [...]
How a ‘hands-on approach’ is helping drive sales at national butchers Althams February 2, 2024 Turnover at national butchers Althams continued its post-pandemic rise during its latest financial year while its profits also grew, newly-filed documents have confirmed.
Vertu Motors on hunt for more acquisitions after record revenues and bumper dividend October 4, 2023 Vertu Motors boss Robert Forrester has said the car dealership is pursuing more acquisitions after it reported record revenues and a bumper dividend in its interim results. Speaking to City A.M. following the announcement, Robert Forrester said the company had a “pipeline” of acquisitions and was working closely with manufacturers “wherever they want us to [...]
Ocado looks to settle City jitters over sluggish demand September 17, 2023 Retail tech group Ocado is looking to settle jitters over sluggish demand from shoppers this week as it updates the City after following a bruising nine months.
FTSE 100 today: London markets set to open lower as rate cut bets ease May 23, 2024 Asian markets mixed post-US stock dip, Nvidia up 6% post-bell on strong revenue. Focus on UK-US PMI data for economic cues.
Investor Terry Smith ditches Amazon stake over concerns with grocery business July 11, 2023 Top investor Terry Smith has revealed that he ditched his fund’s stake in Amazon due to concerns with the company’s grocery business. In a letter to investors, released yesterday, Smith revealed that the primary catalyst behind Fundsmith’s decision to drop its holding in Amazon last month was due to a “concern over potential capital misallocation”. [...]
Discounter B&M worth more than Sainsbury’s as profits soar over Covid-19 lockdown November 12, 2020 High street discounter B&M has reported a 95% rise in first-half core earnings as its low prices and out-of-town stores chimed with consumers during the Covid-19 pandemic.
Naked Wines shares dive as it ousts boss and warns of falling revenues November 7, 2023 Naked Wines shares plunge after it slashes revenue forecasts and dumps chief executive