Burger King plots 200 new UK restaurants as fast food giant eyes whopper £600m London float April 25, 2022 Burger King is eyeing an additional 200 restaurants in the UK over the next four years, after “significant under-penetration” in the country’s market. The burger chain, which has been eyeing a London float since last year, said its adjusted EBITDA nearly tripled to £49.5m. In results for the year ended 31 December, the fast food [...]
Let’s be honest, China won’t beat the West as it ignores the problems on its home turf May 18, 2023 The absence of free speech and political accountability has an economic impact in China. Beijing will stay important, but it won't surpass the West, getting older before it gets richer, writes Matthew Lesh
UK’s accountancy sector turnovers soar to record highs May 12, 2022 The UK’s accountancy firms generated more cash in March than in any other month on record, new Office of National Statistics (ONS) figures show. Turnover in Britain’s accountancy sector jumped 14 per cent from February to March to record highs of £4.13bn. The multi-billion sum comes as a new high for the UK’s accountancy industry, [...]
Rugby: The new laws, rules and guidelines referees will now use January 5, 2023 Rugby is a game of constant rule changes and 2023 is no different with a number of new guidelines coming into the sport to speed up the game. As of 1 January this year, referees have been handed a bunch of new directives in order to make rugby more understandable and watchable. So what’s coming [...]
Greggs: Baker on a sausage roll as it plots further expansion across UK January 5, 2023 Greggs has said it is on track for 150 net new stores this year as its value-proposition protects it from a wider consumer down-turn. In a fourth quarter trading update, the sausage-roll seller said its sales stood at £1.5bn, as the firm bounced back after experiencing pandemic-related disruption last Christmas. Sales had surged 23 per [...]
Next: Prices to rise in the spring – but boss hopeful inflation will ease in second half January 5, 2023 Next has warned it will lift prices further in the spring as the retailer’s chief said he was optimistic that inflation would let up in the second-half of the year. The fashion firm hiked its full-year profit guidance after seeing better than expected sales over the Christmas shopping period. The high street staple lifted its [...]
Bank of England hikes rates for third successive meeting in bid to catch rampant inflation March 17, 2022 The Bank of England today hiked interest rates for the third successive meeting for the first time since 1997 as it tries to catch up with rampant inflation that is threatening to derail the UK economy. Rate setters at Threadneedle Street sent borrowing costs 25 basis points higher, taking them to pre-pandemic levels of 0.75 [...]
Metallic particles: Japan finds another contaminated Moderna vaccine September 1, 2021 Japan reported a fresh contamination case involving Moderna’s Covid-19 vaccine, the fourth such incident in less than a week, threatening to slow the country’s sputtering inoculation campaign. Watch the full report.
Rising inflation and spike in Covid cases darken German consumer confidence August 27, 2021 The mood among German consumers darkened heading into September, as accelerating inflation and rising Covid-19 cases made them more hesitant to buy, new data showed today. Watch the full report.
Peloton sends staff back to the office in far-reaching turnaround plan August 13, 2022 Exercise bike maker Peloton has set out plans to hike its prices, cut costs, and force its staff back into the office, as it seeks to turnaround after demand for its home gym equipment dipped following the lifting of Covid-19 restrictions. In an internal memo published by Bloomberg, the New York headquartered running machine seller [...]