Legal group NAHL reduces debt as firm eyes up division sale August 8, 2024 NAHL, London listed business that focuses on the consumer legal services market has reported a dip in H1 revenue but decreased its net debts as the board eyes up potential division sale
Barratt expects higher profits as home completions increase July 14, 2021 Barratt expects profits to be at the “top end” of market expectations, it announced this morning, amid a boom in home completions. The housebuilder delivered 17,243 homes in the year ended 30 June 2021 – 5,000 more than the year before, according to the company’s trading update. Despite the pandemic Barratt built more homes than [...]
‘Intense’ consumer duty rules driving up regulatory pressure on City, KPMG says September 26, 2024 The Financial Conduct Authority's "intense" supervision of its flagship consumer duty regime is driving an increase in regulatory pressure felt by City firms, according to KPMG.
Small business confidence grows — but it’s still stuck in negative territory October 30, 2023 Small business confidence has not been in positive territory since last year
GSK spin-off Haleon offloads Chapstick brand for £400m to ‘simplify’ business January 25, 2024 Consumer healthcare company Haleon has agreed to sell its Chapstick lip balm brand to Yellow Wood Partners in a deal worth $510m (£401m) as part of efforts to "simplify" its business model.
Topps Tiles cautions over sliding sales as annual profits slump November 28, 2023 Topps Tiles cautioned over a “weakening of discretionary consumer spending” that is impacting trading so far in its new financial year, with like-for-like Topps Tiles sales down 6.1% in the first eight weeks.
More gloom on the horizon for UK high street, think tank warns January 14, 2021 There is more gloom on the horizon for the beleaguered UK high street in the first half of this year as lockdown restrictions weaken consumer confidence, according to the latest research. The KPMG Ipsos Retail Think Tank forecast that retail health will fall by two points in the first three months of the year, as [...]
Restaurant owner Tasty ‘confident’ in return to growth as cost-saving measures prevail June 28, 2024 Tasty plc, the restaurant group behind the Dim T and Wildwood brands, has posted an uptick in revenue.
US economic growth falls short of expectations July 29, 2021 The US economy is rebounding sharply from the damage inflicted on it by the Covid crisis, but output growth is falling well below analysts’ expectations, new figures released today reveal. The Commerce Department estimated the US economy grew at an annualised rate of 6.5 per cent in the second quarter of this year, driven by [...]
UK economy grew by 2.3 per cent in April as high street and hospitality reopened June 11, 2021 Britain’s economy grew by 2.3 per cent in April as government restrictions affecting economic activity continued to ease. It was the fastest monthly growth of gross domestic product (GDP) since July last year and exceeded economists’ forecast of a 2.2 per cent jump. In comparison with April 2020, monthly GDP in April 2021 is estimated [...]