Asda has been ‘left behind’ by Tesco and Sainsbury’s since Issa brothers’ takeover June 11, 2024 How has Asda performed compared to Tesco, Sainsbury's and Aldi since being taken over by the billionaire Issa brothers and TDR Capital?
Homeware retailers ‘draw short straw’ in economic crunch as Made.com nears collapse October 31, 2022 Homeware retailers are facing a turbulent 2023 as mounting operational costs and hesitant consumer sentiment piles the pressure on the sector. It comes as Made.com was still teetering on the brink of collapse on Monday after customers have pulled back from spending on pricier items like furniture. Last week, the ailing sofa seller said it [...]
Asos shares jump after posting ex-Paddy Power boss to board January 13, 2022 Asos has posted the former boss of Paddy Power to its board today, in a move which helped pushed the retailer’s share price up over 10 per cent. The online retailer also announced this morning that it would be shifting to London’s main market, after two decades on the junior AIM index. Patrick Kennedy, who [...]
Nusrat Ghani: Boris Johnson orders inquiry over Islamophobia allegations January 24, 2022 The Prime Minister has ordered an inquiry into a Conservative MP’s allegations was fired from a ministerial job as her Muslim faith was making colleagues uncomfortable. Boris Johnson has asked the Cabinet Office to conduct an inquiry into the claims from Nusrat Ghani, Downing Street said on Monday. “As he said at the time, the [...]
Grocers see more than £1bn wiped off value after Tesco profit warning April 14, 2022 Supermarkets had a total of more than £1bn chipped off their market value on Wednesday, after a warning over inflationary pressures from Tesco. Grocers including Ocado and Sainsbury’s suffered poor performances on Wednesday, after Tesco warned that profit could be hammered by rising costs and shifts in shoppers’ behaviour. Ocado took a hit on the [...]
FTSE 100 and Wall Street chase record highs as vaccine hopes boost markets December 1, 2020 The FTSE 100 logged its best session in three weeks today while Wall Street hit record highs as markets continue to ride a wave of vaccine optimism. The blue-chip bourse closed up 1.9 per cent, while the FTSE 250 midcap index rose by 2.6 per cent. It comes after the FTSE recording its biggest gain [...]
Post-Brexit: M&S chairman sounds alarm on higher prices in Northern Ireland July 21, 2021 The chairman of Marks & Spencer has warned that consumers in Northern Ireland will have to contend with higher prices and fewer products if current post-Brexit customs rules come into force this year. Greater bureaucracy involved in goods entering Northern and the Republic of Ireland is “threatening” Marks & Spencer, Archie Norman said in a [...]
Amazon bets on UK as Netflix slows down May 20, 2022 Amazon has invested more than £1bn in TV, movie and live sport content in the UK since 2018, with plans to pump even more cash into establishing itself as the go-to content provider for Brits.
Mr Big can Stuff his rivals in Epsom opener June 3, 2022 DERBY Day gets underway with the fiercely competitive looking three-year-old Cazoo handicap (2.00pm) with at least half a dozen contenders looking extremely well-treated. Top of my shortlist has to be the Richard Spencer-trained MR BIG STUFF, who looked a shade unlucky in last month’s London Gold Cup at Newbury. The son of Iffraaj has been raised [...]
Chapel Down: Meet the man bringing a bit of Bazball to English bubbles August 3, 2023 Chapel Down is England's sparkling wine ambassador to the world. We speak to the man at the helm of the growing Kent winemaker.