Angling Direct hails ‘stellar performance’ as it casts eye on £100m target May 14, 2024 Angling Direct more than doubled its profits following sales reaching record levels in the UK during its latest financial year.
High Street footfall nosedives by staggering 25 per cent with London commuters and foreign travellers not returning June 27, 2022 High street footfall fell 25 per cent in May, from the previous month, according to RSM UK’s analysis of the latest data from Datscha, published this morning. London continues to be hit by hybrid working with less workers commuting into the city, and international and business travel is still not back at full capacity. Whereas [...]
Scotland set for weaker growth despite avoiding recession – but there is room for optimism May 2, 2024 Scotland's economy is set for weaker growth despite avoiding entering a technical recession, according to KPMG.
Hospitality braces for £100m in lost sales ahead of biggest day of strikes in over a decade January 30, 2023 Retail and hospitality figures have described strike action set to take place on Wednesday as “damaging” to the sector and “entirely avoidable”. Kate Nicholls, chief executive of UKHospitality told City A.M. she estimates union strikes this week will set the sector back a further £100m in lost sales, with “much of that impact being felt [...]
London businesses sweat over UK recession risk as experts warn on cost of living pressures February 28, 2023 Uncertainty over whether the UK economy will tip into recession this year has led London businesses to sweat over their finances this year, a closely watched survey out today reveals. Optimism among the capital’s companies slid 19 points in February to 18 per cent, arresting a steady upward rise in confidence, according to Lloyds Bank’s [...]
UK recovery from Covid pandemic stronger than expected, ONS figures show September 29, 2023 The UK economy grew slightly faster in the first quarter of this year than previously expected meaning it is now 1.8 per cent larger than it was pre-pandemic.
UK retail sales’ sluggish new year start as cash-strapped Brits go online to nab deals February 17, 2023 UK retail sales remained muted in January following December’s fall, with fuel sales spiking and prices continuing to plummet. The Office for National Statistics (ONS) released the figures which showed retail sales volumes increased by just half a per cent last month. This comes after it dipped by 1.2 per cent in December, despite the [...]
Easyjet cancels 1,700 summer flights amid French air traffic controller strikes July 10, 2023 180,000 holidaymakers have been hit by Easyjet summer flight cancellations this morning, as the airline battles with the ongoing impacts of French Air Traffic Controller (ATC) walk-outs and the war in Ukraine. Around 1,700 departures in July, August and September are set to be grounded, with the majority of flights affected at Gatwick Airport, where [...]
More retail misery as Brits’ spending shrinks to lowest level in three years June 4, 2024 May proved to be another miserable month for retailers, as cash-strapped Brits said no to treating themselves in the face of rising bills and unfavourable weather.
UK economy fails to behave itself at start of Rishi Sunak’s re-election bid May 24, 2024 Rishi Sunak has made an improving economy a central part of his election pitch, but in truth these were not the figures he would have wanted to see at the beginning of an election campaign.