Buyer demand sinks as Brits turn to renting instead of homeownership October 13, 2022 The UK’s economic uncertainty has taken “a toll” on the housing market, new data suggests, as buyer enquires sink for the fifth month in a row with Brits turning towards renting instead of homeownership. According to research by the Royal Institution of Chartered Surveyors (RICS) today, demand from new buyers collapsed more than a third [...]
Farmfoods adds hundreds of new jobs as turnover passes £1bn for the first time July 16, 2024 Farmfoods has added more than 200 new jobs to its team as its turnover breezed past £1bn for the first time in its history, according to newly-filed documents.
Safe as houses: as years pass by, residential property remains the most resilient investment January 6, 2023 When Her Majesty Queen Elizabeth II passed away last year, it brought the nation – and much of the world – together in mourning. With 70 years on the throne, Queen Elizabeth II replaced Queen Victoria as the United Kingdom’s longest reigning monarch. There was much that united the two, from overseeing periods of dramatic [...]
UK house price growth dwarfs annual salaries amid 12-month jump streak August 2, 2022 The average cost of a home has grown each month for the past year to £271,209, according to one of the country’s oldest house price indexes. House prices grew 11 per cent in the year to July, up from 10.7 per cent in June, Nationwide revealed today. While monthly growth has slowed to a “modest” [...]
DPD: How parcel delivery giant is tracking return to growth October 8, 2024 Parcel delivery giant DPD is targeting the expansion of its international services to turn around its falling turnover which has decreased by £100m since the start of 2022. The group, which is owned by France’s La Poste, said it is forecasting a return to sales growth by the end of 2024 after setting its sights [...]
Profit slashed at Britain’s Got Talent maker Fremantle October 3, 2024 Profit was slashed at the UK arm of Fremantle, which makes shows such as Britain’s Got Talent during its latest financial year, it has been revealed. The London-headquartered division has reported a pre-tax profit of £9.4m for 2023, down from the £22.9m it achieved in 2022. Newly-filed accounts with Companies House also show its turnover [...]
Huge pay day for Oasis ticket seller and promoter bosses September 30, 2024 The bosses of the company which was involved in the controversial ticketing and promotion of Oasis’ reunion tour have shared a huge pay day of almost £15m. The six directors of Stockport-headquartered SJM were handed a share of a £14.8m dividend for the company’s latest financial year, up from the £7.3m pay out for 2022. [...]
Debenhams slashes losses as sales jump by over £30m February 12, 2024 Debenhams slashed its losses thanks to a surge in its sales by more than £30m, new accounts have revealed.
AG Barr boosts dividend as Rubicon and Irn Bru sales grow September 24, 2024 Drinks business AG Barr has reported a strong set of half-year results thanks to higher demand for its core soft drinks offering despite weak summer trading conditions and a dip in revenue from its cocktail arm. Barr, which owned the Irn Bru and Rubicon brands, reported a 5.2 per cent increase in revenue to £221.3m [...]
Secret Escapes: Post-pandemic demand helps significantly cut loss September 19, 2024 A surge in post-pandemic demand helped sales at jump by more than £60m at Secret Escapes in a move that helped to significantly cut its pre-tax loss. The London-headquartered group has reported a revenue of £170m for 2023, up from the £108m it posted for 2022. Newly-filed accounts with Companies House have also revealed that [...]