Historic ceramics maker Portmeirion slips to a loss despite ‘good’ Christmas March 26, 2024 Portmeirion Group, the historic maker of ceramic tableware and cookware, slipped to a loss during 2023, it has been confirmed.
Can Bitcoin beat inflation? January 21, 2022 Increasing cryptocurrency adoption is certainly not inevitable but higher levels of current inflation is a friend to those looking to onboard newbies, writes Gavin S Brown.
Consumer credit borrowing exceeds repayments for first time since August June 29, 2021 Households borrowed more in consumer credit than they repaid in May for the first time since August, according to Bank of England data published on Tuesday. Net consumer credit was £280m in May, reversing a trend seen throughout the majority of the pandemic as households reined in spending whilst the economy was shuttered. The positive [...]
Pub and restaurant sales bounce back in April ahead of full reopening May 14, 2021 Pub and restaurant sales bounced back in April, reaching almost 75 per cent of pre-pandemic levels in a confidence boost for the sector ahead of its full reopening on Monday. Managed pub and restaurant groups recorded a 26 per cent drop in like-for-like sales last month compared to April 2019. The period covers three full [...]
Brits’ energy bills to swell more than £300 with poorest hit hardest – CityAM : CityAM September 26, 2021 Brits’ household bills are set to swell over the next year, with the poorest households being hit hardest by the energy crisis, according to new research. Energy bills will rise by more than £300 over the next year, highlighting the scale of the impact the crisis will have on Brits’ finances, shows research by the [...]
Oil prices plummet on surging Covid cases August 3, 2021 Oil prices plummeted on Tuesday as the resurgence in Covid cases globally driven by the Delta variant fuelled concerns that restrictions on economic activity may be reimposed. Global benchmarks WTI and Brent Crude slid 1.39 per cent and 1.12 per cent to hit $70.41 and $72.22 respectively – WTI briefly dipped below $70. Prices have [...]
Deliveroo shares slide as £1.9bn reported revenue fails to bolster market confidence in food delivery favourite March 16, 2023 Deliveroo shares have continued to pedal downwards this morning as investors struggle to regain confidence in the brand following its decision to slash some 350 job roles and disastrous IPO listing. It comes as the food delivery group, which has seen its share price fall consecutively over the past 12 months due to tough market [...]
Rallying travel stocks lift FTSE 100 – CityAM : CityAM September 16, 2021 London’s FTSE 100 climbed during opening exchanges today, lifted by a rally among travel stocks that helped to reverse yesterday’s poor performance. The capital’s premier index gained 0.44 per cent to hit 7,047.52 points, cancelling out losses registered on a choppy day on London markets yesterday. Also Read: Pre-departure Covid tests may be ditched to [...]
British American Tobacco: Lucky Strike maker holds guidance but vapes and tobacco sales disappoint July 25, 2024 BAT said profit from operations declined by 28.3 per cent, with the operating margin down by 9.7 percentage points to 34.5 per cent.
UK service sector slows to weakest growth for six months August 3, 2023 The UK’s services sector grew at its slowest rate for six months in July as subdued consumer demand and higher interest rates weighed on businesses, according to new data. The influential S&P Global/CIPS UK services PMI survey showed a reading of 51.5 last month, down from 53.7 in June. Any reading above 50 indicates growth [...]