Could Mega May save retail? Hopes are riding high on King’s coronation and bumper May Day bank holiday boost April 21, 2023 Could the coronation of King Charles III help lift the UK’s post-Covid retail industry? Our retail reporter Laura McGuire finds out. March has proved to be another challenging month for the retail industry as sales fell 0.9 per cent due to soaring living costs and the third wettest March in history. However, with Royal celebrations [...]
CBI: Roadmap needed as firms struggle amid rising wealth tax rumours August 29, 2024 Publishing a long-term tax roadmap would address the “confidence shortfall” among UK firms, the Confederation for British Industry (CBI) has urged the government, amid swirling rumours of a wealth tax. Businesses are facing “cost pressures” and “middling conditions” and in need of a “major boost to confidence”, the CBI has said, following hints from Sir [...]
FTSE 100 close: London markets dip as Ithaca share price up on Rosebank approval September 27, 2023 London’s FTSE 100 index dipped on Wednesday as the pound continued its losses, and the government approved the UK’s largest untapped oil field, Rosebank. The capital’s premier bluechip index dipped 0.46 per cent to 7,590.96, while the FTSE 250, which is more aligned with the UK domestic market, fell 0.6 per cent to 18,227.33. Markets [...]
The BTOM line? New Brexit import rules will hammer hospitality March 18, 2024 Border checks on fresh produce arriving from the EU will limit choice and push up prices for consumers, says Andrea Rasca The hospitality sector finds itself at a fork in the road. While the UK seemingly encourages free trade and a dynamic hospitality sector, incoming changes to how the country imports food from the EU [...]
Dunelm sees continued sales and profit growth despite ‘difficult’ trading environment February 14, 2024 Homewares retailer Dunelm has said total sales rose 4.5 per cent in the first half of 2024 as it increased its market share.
Mortgage market treads water before of Bank of England interest rate decision July 29, 2024 Bank of England data showed that the number of mortgage approvals, which indicate future borrowing, remained broadly steady in June at just under 60,000.
Everyman: Media group sees revenue growth despite actors’ strike as more Brits head to luxury cinema July 25, 2024 Everyman Media reported impressive growth in the first half of the year - despite fewer offerings due to the actors' strike - with customers still happy to splash out on the premium cinema.
UK retail sales tick up in July after summer discounts and Euros boost August 16, 2024 Friday's data is among a raft of economic figures released this week that will provide key indicators for Bank of England policymakers as they decide whether to cut interest rates in September.
Andrew Tyrie: How greater competition could spur productivity growth April 25, 2024 "The UK government does not have a framework in place for monitoring levels of competition in the economy that’s fit for purpose," Lord Tyrie said. "It badly needs one".
UK property market shows steady signs of improvement as sales rise in February March 28, 2024 Green shoots continue to emerge in the property market as the number of house sales grows by a steady one per cent month-on-month in February.