Ocado: Marks-linked grocery tech giant cheers bumper online Christmas orders January 16, 2024 Ocado Retail, the grocery delivery service owned in a joint venture with Marks and Spencer, said it would return to positive EBITDA for the full year, as customers fall back in favour with the brand
Build me up: make ‘retrofit first’ a legal requirement to save London’s skyline August 22, 2023 Developers buying historic buildings should first be asked to try and restore it with a modern twist before they go full steam-ahead with demolition, writes Graham Clemett.
M&S cut prices on a range of items as shoppers face cost of living crunch April 11, 2022 Marks & Spencer has slashed prices on some core grocery items as it hopes to woo shoppers amid rising costs. Supermarkets are endeavouring to maintain their market shares while shoppers have flocked to discount retailers to mitigate the cost of living crunch in recent weeks. M&S revealed on Monday that it had lowered prices on [...]
Explainer: How the Conservatives lost the farmers’ vote February 21, 2023 The Conservatives have lost Britain’s farmers. In December, support for the Tories among farmers dropped to 42 per cent. For the first time in living memory, less than 50 per cent of the farming community said they would vote Conservative if there was an election tomorrow. In December 2021, that number was 57 per cent. [...]
It’s Quiz-mas! How will you score in Deloitte’s big economics quiz of the year? December 20, 2023 The answers and a brief explanation of the factors at work are at the end of this note. Obviously, our readers won't be cheating....
Lockdown DIYers push B&Q owner Kingfisher past £1bn profit March 22, 2022 Kingfisher’s sales shot up last year as the B&Q owner became the third UK retailer to exceed £1bn profit. The home improvement behemoth joined retail titans Tesco and Marks & Spencer when it revealed its profits had reached record levels on Tuesday. Lockdown DIYers sent sales past £13bn for the year to 31 January, thanks [...]
Marks and Spencer to close on Boxing Day to give staff the day off November 26, 2020 Marks and Spencer has cancelled plans to open all of its stores on Boxing Day, choosing instead to allow staff to spend the day with friends and family. M&S had previously planned to open 200 stores on Boxing Day to take advantage of the Boxing Day sales, but in light of the recent relaxation on [...]
In defence of keeping the CBI alive and even expanding it April 14, 2023 After the sacking of Tony Danker, the CBI is in death throes, but we still need a place to build trust in business leaders, and we should save the principle of the Confederation of Business Industry, writes Ben Cope The Confederation of British Industry – the CBI – doesn’t have many friends right now. Rocked [...]
Brexit ‘unpicked’? Starmer defends approach to EU as Tories go on the attack September 22, 2023 The Labour leader insisted there was no case for rejoining the EU, its single market or customs union after the Tories seized on comments suggesting he would not “diverge” from Brussels’ rules.
Tory leadership race: UK retail titan Lord Stuart Rose backs Rishi Sunak July 14, 2022 The Conservative party should choose Rishi Sunak as its next leader as he has a “big brain” and understands “the need for us to get our economy back on track”, according to Asda chair Lord Stuart Rose. Rose – who was previously chief executive at Argos, Marks & Spencer and the Arcadia Group – said [...]