Charlie Bigham on inflation, his success and why he doesn’t make ready meals December 30, 2023 Bigham, now 56, started his food business over two decades ago, packing in a career as a management consultant for a taste of self-employment.
Mobico shares tumble despite revenue jump as inflation and wage costs bite July 27, 2023 Mobico Group, formerly known as National Express, saw its revenue rise 18.5 per cent to £1.57bn in the first half of the year, as it benefited from rising passenger demand across the majority of its international networks. However, this was not enough to offset rising wage costs associated with inflation and the removal of a [...]
Bank of England monetary bosses should have their pay tied to inflation targets July 27, 2023 If the Bank of England want workers to accept reductions in their real income, the bosses on the monetary policy committee should too, writes David Bholat.
Inflation to fall fast in 2024 helping UK economy to ‘turn a page’, PwC predicts December 28, 2023 Barret Kupelian, chief economist at PwC said 2024 will be "the year the UK turns a page" thanks to falling inflation.
Tortilla weathers strikes and inflation as expansion drives 22 per cent revenue spike October 3, 2023 Tortilla Mexican Grill revenues jumped 22 per cent year-on-year to £32.7m as the fast-casual group continued to expand its sites across the UK. The popular Mexican chain reported a slight dip in pre-tax earnings amid headwinds from inflation and rail strike action and swung to a £600,000 loss, down from £300,000 profit last year. However [...]
UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes May 2, 2024 "This forecast is not particularly surprising given our priority for the last year has been to tackle inflation with higher interest rates," Chancellor Jeremy Hunt said.
Drax looks to expand in the US as it takes advantage of Inflation Reduction Act May 23, 2023 Drax is looking to expand its operations in North America as it looks to take full advantage of the benefits on offer under the Inflation Reduction Act.
Tortilla swings to loss after ‘unprecedented’ food and energy inflation March 27, 2023 Burrito chain Tortilla Mexican Grill has revealed it swung to a loss last year as it came under pressure from “unprecedented” food and energy costs, and avoided raising its prices above inflation. The fast-casual restaurant chain insisted its sales have benefited from consumers opting for value-for-money meals over dining out at restaurants. Its revenues jumped [...]
Rising oil prices won’t derail fight against inflation, experts reckon September 28, 2023 Inflation is likely to continue on its downward trajectory despite a recent surge in oil prices, experts told City A.M.
Shepherd Neame: Pub chain posts record revenues as inflation woes start to cool September 27, 2023 Britain's oldest brewer Shepherd Neame is toasting record high first-half revenue as inflationary challenges begin to ease.