Domino’s Pizza trims profit guidance despite UK sales growing in summer heatwave October 18, 2018 Domino's Pizza sales grew by six per cent year-on-year across the UK and Ireland this summer despite the hot weather, it revealed today, but the fast food brand also cut back its full year forecast for pre-tax profits. Online sales were up by 11.4 per cent – comprising 78 per cent of total sales in the period [...]
Diverse Oscar noms drag 90-year-old awards into 21st century March 15, 2021 In recent years, the nominations for the Academy Awards have often drawn anger and frustration. #OscarsSoWhite became a regular trend for past ceremonies as actors of colour were ignored, while there was ongoing criticism at the absence of female behind the scenes nominees, and LGBTQ+ artists. Today, observers held their breath as this year’s nominations [...]
Coronavirus dividend cuts produce £4.4bn hit to investor portfolios March 27, 2020 With more UK firms announcing coronavirus-fuelled dividend cuts this week, the total loss of investor income so far this year is now £4.4bn. The pace of dividend cuts is accelerating as coronavirus wreaks havoc on world economies. In March 116 companies have suspended their dividends totalling £4.2bn, according to investment fund AJ Bell. That compares [...]
Bitcoin slides to $10,000. Is the party over? September 8, 2020 In typical bitcoin-fashion, the number one crypto retained its commitment to spontaneity as the crypto market seemingly took a turn for the worst. However, given the macro-bull trend, could one reasonably expect a corrective move to be short-lived? Another bitcoin rug-pull Since the local high on the 17th of August, bitcoin experienced a level of [...]
Top 10 most shorted UK stocks: Hedge funds bet against Metro Bank, Royal Mail and Cineworld July 23, 2020 Metro Bank, Royal Mail and Cineworld are among the UK’s most shorted stocks, new analysis has revealed, as financial uncertainty amid the coronavirus crisis continues to weigh on industry heavy-weights. How does short selling work? Short sellers place bets on stocks that they expect to fall in price. Investors pay a fee to borrow shares [...]
Domino’s franchisee boosted as Russia and Turkey show appetite for pizza September 11, 2018 Domino's franchisee DP Eurasia has been boosted by a growing appetite for pizza in Russia and Turkey despite “challenging” economic conditions. The exclusive Domino's Pizza franchisee in Russia, Turkey, Georgia and Azerbaijan said revenue for the first half of the year grew 32.2 per cent to 380m Turkish lira. Its online sales of pizza in Russia [...]
S4 Capital shares rise as advertising firm shrugs off Covid-19 hit May 7, 2020 Shares in S4 Capital rose as much as six per cent in early trading as the advertising firm boosted first-quarter revenue despite the impact of the coronavirus crisis. S4 Capital’s like-for-life revenue increased 17 per cent in the first three months of the year to £71m, while gross profit was up 22 per cent on [...]
Naughty or nice: Which businesses pleased or peeved Santa in 2020? December 21, 2020 Which businesses stood out this year for going above and beyond for customers and staff, and which will be remembered less favourably for their pandemic policies? The last year has certainly been one that will not be forgotten. The last 12 months have been widely been touted “the worst ever” by people around the world, [...]
A pandemic is no excuse for the return of all-male boards June 30, 2020 At the 30 Per Cent Club, we never believed in “one and done”. Losing your only female director and reverting to an all-male board is all too easy, as Dominos found out earlier this month. Of course, that’s not the case for Aston Martin, which had two women non-executive directors and a female chair until [...]
Coronavirus: Billionaire entrepreneur John Caudwell calls on government to extend business support April 21, 2020 Billionaire businessman John Caudwell has called on the government to ramp up its coronavirus support scheme, including underwriting 100 per cent of business loans and extending the job retention scheme. Caudwell, who co-founded Phones4u, said the government must provide 100 per cent loan guarantees to encourage banks to lend to struggling businesses. The government is [...]