Upper Crust owner posts elevated sales as passengers face lengthy airport queues July 14, 2022 Upper Crust and Ritazza sites saw quarterly sales elevated as passengers flocked back to railway stations and airports. Travel food operator SSP said on Thursday its revenue had recovered to 87 per cent of 2019 levels for the third quarter, including a benefit from price hikes. It accredited the sales boost to an ongoing recovery [...]
Rush to buy Christmas presents lifts Brits’ optimism November 19, 2021 A rush to buy Christmas presents early to avoid being stung by potential shortages has lifted Brits’ confidence. Shoppers are ready to pounce on big ticket purchases at Black Friday and over the festive period, research by GfK has found. Intention to splurge on expensive products jumped seven percentage points over the last month, climbing [...]
How likely is a UK property market crash and what IS happening with house prices? March 31, 2023 This week prospective buyers were hit with another flurry of less-than optimistic reports about the outlook for the housing market; house prices continued to fall in value and mortgage approvals struggled to get above pre-pandemic levels. Nationwide’s report found that house prices fell 3.1 per cent in March, the largest annual decline since July 2009 [...]
Quilter boss: Why Westminster needs to keep its ‘tinkering’ hands off the City May 2, 2024 Every week, Charlie Conchie sits down with the biggest movers and shakers in financial services. This week it’s Steven Levin, chief executive of wealth manager Quilter
Australian property fintech PEXA gears up for government-backed UK launch February 15, 2022 Australian property fintech PEXA is set for a UK expansion with backing from the UK government as it looks to roll out a remortgage platform for UK mortgage lenders.
UK flight compensation to be slashed under post-Brexit government plans: from £220 to £57 March 25, 2022 UK flight compensation rules could be slashed out, consumer champion Which? warned today. Under new government plans, passengers could see their refunds go from £220 to £57, saving airlines hundreds of thousands of pounds per year. “Ripping up current compensation rules for UK flights would be a huge blow for passenger rights and embolden airlines [...]
Week ahead: City eyes fresh borrowing figures for signs of spending slowdown March 27, 2022 Investors will be keeping a close eye on fresh economic data this week for further signs of the cost of living crunch hitting spending. A flurry of downbeat economic announcements and data last week did not derail the capital’s premier FTSE 100 index, which added over one per cent to reach 7,483.35 points by the [...]
27-fold jump in number of foreign visitors flocking to Britain post-pandemic June 24, 2022 Scrapping coronavirus travel rules led to a 27-fold year-on-year increase in the number of overseas residents visiting the UK, new figures suggest. The Office for National Statistics (ONS) said 2.1 million inbound visits were made in April, up from 81,000 during the same month last year. Spending by overseas residents in April hit £1.7 billion, [...]
Chicken goujons and late nights give Greggs another positive quarter May 16, 2023 British bakery and fast food chain Greggs said it saw strong sales growth in the first 19 weeks of 2023, as it continued the roll-out of new shops, longer trading hours and added extra options to its menu. Greggs said that total sales in the 19 weeks to 13 May 2023 were £609m, up from [...]
Waze UK: People’s driving habits are a moving feast post-Covid June 2, 2022 The UK’s driving habits have become a “moving feast” post-Covid, said Waze UK’s managing director Ru Roberts. According to the satellite navigation software, following the easing of restrictions and the UK Governmen’t strategy for living with Covid, traffic numbers have exceeded pre-pandemic levels. “We’re now in excess of number of cars on the road,” Roberts [...]