Volvere pays tribute to late CEO as Shire Foods owner returns to the black May 22, 2024 One year after losing its founder to cancer, turn-around investment firm Volvere has announced net profits of more than £2.7m, returning to the black.
Brits stop buying airfryers as sales drop at Salter owner Ultimate Products February 13, 2024 Consumer goods group Ultimate Products has said Brits are buying fewer airfryers than before, leading revenues to drop four per cent.
Collision of Covid-19 and Brexit fuels a £700bn blow to economic output May 11, 2021 The UK economy has been forecast to suffer an over £700bn blow to output due to the collision of Covid-19 and Brexit, the National Institute of Economic and Social Research warned today. The bruising figure was made worse by the government’s “poor Covid-19 response”, the think tank said, adding that it has left the UK [...]
On The Beach labelled ‘cash machine’ following Ryanair partnership May 14, 2024 On The Beach has benefitted from the growth in demand for holidays.
London retailers gear up for a return to the high street amid boost in confidence May 14, 2024 Over half of London retailers are gearing up for a return to the high street in what is seen as a sign of positive momentum for the recovering retail sector.
Retail sales growth exceeds expectations on back of Black Friday December 22, 2023 Retail sales grew stronger than expected last month as shoppers snapped up Black Friday bargains and bought Christmas presents, according to official figures. The Office for National Statistics (ONS) revealed that retail sales volumes increased by 1.3 per cent in November. It was ahead of the predictions of economists, who had forecast 0.4 per cent [...]
Unease about economic outlook grows as rising prices fuel stagflation concerns September 20, 2021 The last few weeks has seen equity markets struggle to make gains of any significant size, and all the while concerns have been rising about a number of different factors. The lack of a clear narrative, whether it be positive or negative, has seen markets churn in both directions since July, with any number of [...]
The travel industry has been abandoned by this government December 23, 2020 The tourism and outbound travel industries are certainly no strangers to the impact of the Covid-19 pandemic. Across the globe, international and domestic travel has been brought to its knees by the far-reaching impacts of coronavirus, and the ramifications are no clearer than in the United Kingdom. In the last few months alone, we have [...]
The tourist tax is so last week. Scrap it to boost the UK fashion industry September 18, 2024 Visitor numbers to London are rising, yet the tourist tax continues to quash the benefits, writes New West End chief executive Dee Corsi.
FCA calls out consumer duty laggards as deadline for new rules approaches January 25, 2023 The Financial Conduct Authority (FCA) has said that many financial firms still had a long way to go on implementing its incoming Consumer Duty, as it issued its review of the implementation of the scheme. While regulator found that many firms had “understood and embraced the shift to focus on consumer outcomes”, it noted that [...]