Shop price inflation stays steady but obstacles to come in 2024 January 2, 2024 Shop price annual inflation stayed flat at 4.3 per cent in December, remaining at the lowest level growth seen since June 2022.
RMT accuses government of torpedoing rail negotiations December 7, 2022 The union RMT has accused the UK Government of torpedoing negotiations, pushing a resolution of the rail dispute “further away.” Union bosses claimed today the Rail Delivery Group – which is negotiating on behalf of train operators – was instructed by the government to take on the strikes. “It is now absolutely clear that the [...]
Met investigates ‘arson’ attack on Finchley and Golders Green MP’s office December 26, 2023 Police in London are investigating a suspected arson attack at the office of Conservative MP Mike Freer.
Superdry’s shares plunge 16.5 per cent as retailer downgrades guidance amid £17.7m of losses January 27, 2023 Superdry’s shares plunged 16.5 per cent this morning after the retailer downgraded its-full year guidance amid soaring losses. Instead of a profit of between £10m and £20m Superdry expects to break even, after losses soared to £17.7m in the first half of its 2023 financial year. This is a £21.7m decrease when compared to a [...]
Online luxury retailer Farfetch sold to Coupang in £396m rescue deal December 18, 2023 Farfetch has been bought by South Korean e-commerce group Coupang as part of a last-minute rescue deal for the struggling online luxury retailer.
H&M sales fall back after warm weather dented September shopping December 15, 2023 H&M Group has reported stagnant sales in recent months as the international fashion retailer faces a slowdown in consumer spending and the knock-on impact of closing stores in Russia. Between September and November, net sales fell by 4% in local currencies compared with the same period last year, totalling 62.6 billion Swedish krona (£4.8 billion). [...]
Royal Mail slams union’s ‘wholly unacceptable behaviours’ at strikes December 1, 2022 Royal Mail has today written to union bosses to intervene in “wholly unacceptable behaviours” on the picket line. Writing to the general secretary of the Communication Workers Union (CWU) Dave Ward, the delivery giant said there had been more than 100 allegations of violence and assault, harassment and intimidation have been reported over the four [...]
Britvic: Brand behind UK Pepsi distribution cheers bumper growth as canned Lipton Ice Tea booms May 15, 2024 Britvic revenue grew thanks to the strength of Lipton Ice Tea, with the canned version's launch bumping the brand's revenue up 27.6 per cent.
Harry Potter publisher Bloomsbury sees profit ‘materially’ ahead as customers keep reading December 7, 2023 Bloomsbury, the Harry Potter book series publisher, said revenue and profit is expected to come in "materially ahead" of expectations.
The Body Shop administration: Founder Anita Roddick was ‘The most spectacular CEO’ of the last century February 11, 2024 The collapse into administration of The Body Shop is a sad chapter for company founded by 'most spectacular CEO' of last century