Is UK housing back on track? London estate agent Winkworth’s sales are on the up July 10, 2024 Winkworth Estate Agents have announced a boost in sales figures after a two years of falling sales amid a tight housing market. The company expects pre-tax profits for the year to be in line with market expectations of £2.4 million, and announced a shareholder dividend of 3p per share to be paid for the second [...]
Games Workshop posts record profit and dividends as it gears up for Warhammer 40k Amazon series January 9, 2024 Warhammer maker Games Workshop said it was trading in “great shape” as profits boomed following its TV deal with Amazon.
Sharps Bedrooms: Showrooms axed as Covid-19 shopping boom well and truly over June 14, 2024 The company behind fitted furniture retailer Sharps Bedrooms has axed more showrooms as it struggles to keep up with rising wages amid its second loss-making year in a row.
Freezing working-age benefits could save £4 billion but at ‘terrible cost’ October 14, 2023 Freezing working-age benefits next year could save the Treasury more than £4 billion but at a “terrible cost” of plunging an additional 400,000 children into poverty, a think tank has warned. The Resolution Foundation said its research suggested that scrapping the uprating of working-age benefits in line with prices inflation next year would reduce the [...]
Sir Iain Duncan Smith: ‘Sub-crisis’ emerging as loan sharks capitalise on rising cost of living March 28, 2022 With more than 1m Brits in debt to predatory illegal lenders, a “sub-crisis” may emerge as soaring costs of living heap added pressure on those with fragile finances. Former Conservative leader and ex minister at the Department for Work and Pensions, Sir Iain Duncan Smith has been campaigning. But not for an election. The veteran [...]
Regent’s Park gardeners down tools in strike over pay February 1, 2024 One of the capital’s most-loved natural spots will be left unattended today as Regent's Park gardeners go on strike.
Currys sticks to full-year guidance despite falling sales September 7, 2023 Currys has said it is sticking to its annual profit guidance despite recording a 4% fall in group sales in the 17 weeks to August. The British electrical goods seller reported a 2% dip in like-for-like sales in its UK and Ireland (UK&I) division as consumers put off buying expensive goods amid the cost of [...]
Virgin Money shares soar after handing staff 10 per cent pay rise November 21, 2022 Virgin Money shares have jumped today after the company handed out 10 per cent pay rises to most of its 7,500 staff. The pay bump comes on top of a £1,000 one-off payment in August to help combat the cost of living crisis. Staff will receive around nine and 11 per cent extra across two [...]
The Original Factory Shop returns to the red as Covid support ends January 11, 2024 The Original Factory Shop slipped back into the red after a government measure to reduce business rates during the pandemic came to an end.
Credit card market ‘broken’ with as little as three per cent of customers switching, but could open banking provide a solution? April 19, 2023 The UK’s credit card market is “broken” with as few as three per cent of customers changing providers despite the hefty costs that consumers face, a new report shows. According to fintech firm Cardeo, the UK is the European country most reliant on credit card spending with 35 per cent of consumer credit in credit [...]