Greenwoods becomes latest retailer to close amid high street gloom January 2, 2019 Northern menswear shop Greenwoods has become the latest retailer to close its doors amid tough trading conditions on the high street. The Yorkshire-based chain, which was founded in 1860, has fallen into liquidation with the loss of more than 100 jobs, just 18 months after it was bought out of administration. A notice posted on [...]
M&S’ Brexit: Marks and Spencer to close its Paris flagship store October 26, 2016 Marks and Spencer is planning to shut its flagship store in Paris, according to reports. The British retailer wants to scale back its international operations to save on costs, Bloomberg has reported. Read more: MPs call for debate on "loopholes" in national living wage legislation The decision will be formally announced by chief executive Steve Rowe [...]
Marks and Spencer’s profits plunge in first half as it announces plans to pull out of ten international markets November 8, 2016 Marks & Spencer has unveiled plummeting profits for the 26 weeks to 1 October, once again blaming its struggling clothing arm for dragging on the rest of the business, and outlined plans to close 60 stores. The figures Group revenue was up by 0.9 per cent to £4.99bn from £4.95bn in the first half of last [...]
Gousto cooks up £18m funding and signs up ‘The Body Coach’ Joe Wicks January 6, 2019 Meal kit company Gousto has cooked up a further £18m worth of funding and welcomed fitness writer Joe Wicks on board. New investors, including Wicks, Unilever Ventures, Hargreave Hale, MMC Ventures and Angel CoFund have backed the recipe box company, it said yesterday. Gousto, which deliver 1.5m meals a month to customers, has now raised [...]
No end in sight for high street’s woes as stalwarts like John Lewis struggle March 9, 2018 The UK high street was dealt another blow yesterday as one of the country’s biggest household names posted a sharp drop in profits. Profits at the John Lewis Partnership – which comprises John Lewis and Waitrose – fell 77 per cent to £103.9m in 2017, forcing the retailer to cut its staff bonus to its [...]
Horse Racing Betting Tips: Turner has the Power to land opening race with Darkness May 2, 2019 MARCUS Tregoning has trained some very good horses over the years with the likes of Sir Percy, Nayef and Mubtaker. In truth, the last few years have been a bit quiet for the Hampshire-based trainer, but Mohaather’s win in last month’s Greenham Stakes at Newbury had him dreaming about a first 2000 Guineas success. Sadly, [...]
Horse Racing Betting Tips: Turner has the Power to land opening race with Darkness May 2, 2019 MARCUS Tregoning has trained some very good horses over the years with the likes of Sir Percy, Nayef and Mubtaker. In truth, the last few years have been a bit quiet for the Hampshire-based trainer, but Mohaather’s win in last month’s Greenham Stakes at Newbury had him dreaming about a first 2000 Guineas success. Sadly, [...]
City Moves for 5 March 2019 – Who’s switching jobs at Co-op, Deloitte and Hunters? March 5, 2019 Today's City Moves cover the Co-op Group, Deloitte and Hunters. Take a look at these movers and shakers. Co-op Group Central England Co-op has welcomed its new chief executive Debbie Robinson on her first day with the society. Debbie was appointed in November last year and will oversee one of the largest independent retail co-operative [...]
Burford Capital: AIM’s biggest firm still growing fast March 21, 2019 By Graeme Evans from interactive investor. This AIM star is already big enough to make the FTSE 100, but City analysts argue it is worth even more. The extraordinary story of Burford Capital (LSE:BUR) continued in earnest today as the AIM market's biggest stock delivered another record year of significant profits growth. With shares up [...]
Sterling climbs as markets welcome parliament’s vote on possible Brexit delay February 27, 2019 Sterling soared against the euro and dollar today as markets welcomed the possibility that Brexit could be delayed. The pound rose 0.5 per cent to an eight-month high against the dollar of $1.331. Read more: Tory MP leaves government after Brexit amendment to protect EU citizens It did even better against the euro, bubbling up [...]