UK inflation comes in below expectations in July August 14, 2024 UK inflation jumped back above the Bank of England’s two per cent target in July, but came in below City estimates for the period. According to figures released this morning by the Office for National Statistics (ONS), prices rose 2.2 per cent in July. Meanwhile, core inflation, or price rises excluding volatile food and energy [...]
Higher wage growth has not fuelled inflation – but it will if productivity does not improve May 13, 2024 Despite stronger real wage growth, productivity - which measures workers' output per hour - has actually deteriorated in the past year.
S&U channels Marcus Aurelius as motor finance lender says it will ‘wrestle on’ April 9, 2024 The specialist auto and property lender has posted a fall in annual profit and lowered its dividend as the firm grapples with higher costs and regulatory pressures.
Greene King: Profit halves at pub giant before Euros despite extra Bank Holiday June 11, 2024 The cost of living crisis and no major international football tournament being staged in 2023 led to profit being slashed in half at pub giant Greene King, it has been revealed.
Heineken: Beer giant shows love for local pubs with £40m injection May 1, 2023 Heineken will invest £40m into 570 pubs it owns within its hospitality business, as the beer giant looks to show support for local boozers amidst the cost of living criss. Almost a quarter of businesses within its Star Bar & Pub group will receive the boost – with 100 of these scheduled for revamps averaging [...]
Cost of living crisis: 63 per cent of Brits now shop at discount grocery stores August 22, 2023 More than half of shoppers now shop at discount grocery stores as Brits continue to seek out bargains amid the cost of living crisis. According to new data released by NIQ, in the last four weeks some 63 per cent of the public shopped at value chains such as Aldi, B&M and Poundland, with over [...]
Pizza Express decides it doesn’t want a slice of Wagamama owner The Restaurant Group November 7, 2023 This comes after Pizza Express said last month, it was contemplating serving up a surprise bid for The Restaurant Group (TRG), but no formal offer.
IPA Bellwether: UK businesses boost sales promotions to record levels but pessimism lingers July 20, 2023 UK firms have ramped up sales promotions to an all-time high, leading to a growth in overall marketing budgets, according to the second-quarter IPA Bellwether Report released today. The report, which tracks marketing trends, revealed that sales promotions budgets have reached their highest level in the 23-year history of the survey, as more businesses increased [...]
Housing is a business issue, and nowhere more so than in London February 1, 2024 Ask business leaders in private what’s bothering them and the usual list is predictable enough: the markets, performance, getting the right team in place. Recently, we’ve heard a new one feature in more than a few conversations: whether London can keep its edge as the place to be for their talented young staff. The capital [...]
Cider maker Thatchers toasts success despite ‘unprecedented economic challenges’ March 19, 2024 Sales at historic cider maker Thatchers increased despite the company facing "unprecedented economic challenges" during its latest financial year.