London retailers gear up for a return to the high street amid boost in confidence May 14, 2024 Over half of London retailers are gearing up for a return to the high street in what is seen as a sign of positive momentum for the recovering retail sector.
New fraud rules risk a ‘flight of e-money’ firms from UK, payments chief warns October 16, 2023 Under rules set to come into force later next year, consumers will be able to receive full reimbursement for fraud. Craddock warned this would do more harm than good.
Banks tell Sunak that big tech firms need to do more to tackle fraud June 18, 2023 A group of the UK’s largest banks have told Prime Minister Rishi Sunak that big tech firms should help contribute to the reimbursement of fraud victims. According to Sky News, the banks said the rising tide of fraud in the UK is having a “material impact on how attractive the wider UK financial sector is [...]
Currys sticks to full-year guidance despite falling sales September 7, 2023 Currys has said it is sticking to its annual profit guidance despite recording a 4% fall in group sales in the 17 weeks to August. The British electrical goods seller reported a 2% dip in like-for-like sales in its UK and Ireland (UK&I) division as consumers put off buying expensive goods amid the cost of [...]
Eurocamp braces for major expansion April 11, 2024 A European holidays company has said 2024 could be the most significant in its 50-year history as it transforms its operations.
Allwyn sees near-doubling of revenue after buying National Lottery operator September 5, 2023 Allwyn has seen half-year turnover nearly double after snapping up National Lottery operator Camelot and hailing resilient demand despite cost pressures on consumers.
WH Smith shares jump on buyback plan after pension buy-out frees up cash September 11, 2024 WH Smith has announced strong revenue growth, driven by a boost in its airport and train station stores and a £50m share buyback programme. It also announced a £85m cash benefit as the result of its pension fund buy-out. Shares in WH Smith rose more than 12 per cent in early trades. Revenue at the [...]
Contraction confirmed for German economy with no recovery in sight August 27, 2024 The growth slowdown was led by a sharp fall in investment, which fell by more than 2.0 per cent in the quarter.
Deliveroo holds guidance as UK revenue rises despite global dip October 19, 2023 Online takeaway platform Deliveroo has maintained its full year guidance for the year, as the company was bolstered by demand in the UK and Ireland. According to its third quarter update, the listed delivery app, said revenues in its UK and Ireland arm grew by a steady three per cent to £297m, but internationally it [...]
Boardroom Uncovered: Meet the CEO leading American Golf’s transformation who runs10k every single day May 20, 2024 City AM's exclusive interview with the marathon-running CEO who's leading the transformation of American Golf.