Limited edition whisky from The Scotch Malt Whisky Society has dropped October 25, 2023 The Scottish Malt Whisky Society turns 40 – and it has a special commemorative bottle that you will want in your collection.
BrewDog hopeful of a better year after filing 2020 losses October 4, 2021 BrewDog has said the most recent trading numbers for its bar division “tell a very different story” to its yearly results for 2020. The company’s venues division posted a pre-tax loss of £10.4m for the year ended December 31 2020. This is compared to a pre-tax loss of £653,000 in 2019. What’s more, the company [...]
UK shoppers sticking with online shops despite restrictions relaxing June 29, 2021 Online e-commerce sales continued to grow in April, despite the reopening of non-essential retail across the UK. Demand for e-commerce packaging, a barometer for industry and sector performance, grew 11.7 per cent in April, despite brick-and-mortar shops reopening in the same month. This followed a 35.6 per cent increase in demand in the year up [...]
Sainsbury’s plans £50m in price cuts as supermarket wars with Aldi and Lidl heat up July 5, 2021 Sainsbury's plans £50m in price cuts as supermarket wars with Aldi and Lidl step up
High street stalwarts shun Black Friday November 13, 2021 High street stalwarts are shunning Black Friday this year due to the discount shopping event losing its pull among consumers. The likes of Marks and Spencer and Next will stop offering discounts on products due to the event squeezing margins and offering little value to businesses. Other online retailers, including Amazon and AO.com, are intending [...]
Amazon’s sales forecast misses estimates as it hikes Prime membership in US February 3, 2022 Amazon.com said it raising the price of its Prime subscriptions, as it looks to offset higher shipping costs and wages even after beating profit expectations for the holiday quarter. Shares rose 17 per cent in after-hours trade, after dropping nearly eight per cent before the market’s close as part of a broader technology stock sell-off. [...]
The analyst: Why now’s the time to invest in advertising, not run from it October 12, 2022 Ian Whittaker is a City analyst, and the current City A.M. Analyst of the Year. Shaky seems to be the best word for the start of results season on Wall Street – at least, compared to the generally positive message we received at the last quarterly go-around. Companies such as Carnival and FedEx – seen [...]
CarFinance 247 reports 11 per cent increase in prices following used-car market boom February 8, 2022 UK motor finance platform CarFinance 247 has registered an 11 per cent increase in the average price of vehicles sold going up from £9,364 in October 2020 to £10,434 a year later. As a result of supply chain issues and strikingly high levels of demand, prices have gone up almost 30 per cent on 2019 [...]
What impact is Covid-19 having on global economies and markets? March 31, 2020 The impact of the new coronavirus (Covid-19) pandemic continues to play out. The extent to which the virus will spread, both between and within countries remains unclear, and the duration and impact are highly uncertain. Sadly, the human impact continues to grow, and the virus has now claimed the lives of over 22,000 people, as [...]
Not happening: Sadiq Khan cancels New Year’s Eve events in central London as Omicron cases surge December 21, 2021 As cases of the Omicron Covid variant in the capital surge, London’s New Year’s Eve celebration event in Trafalgar Square will not take place this year, it was announced this evening. London mayor Sadiq Khan has said the event, which was set to be open to around 6,500 key workers and members of the public, [...]