Public sector borrowing hits £8.8bn in first January deficit for a decade February 19, 2021 Public sector net borrowing ballooned to £8.8bn last month, marking the first January deficit for a decade. The figure is £18.4bn more than in the same month last year and is the highest January borrowing amount since records began. Public sector borrowing is now estimated to have reached £270.6bn in the first 10 months of [...]
M&S hopes share price continues to rebound after further signs of progress May 24, 2023 Marks and Spencer said this morning that it was starting to see the fruits of a refreshed strategy as the British retailer revealed a 9.6 per cent hike in revenues thanks to selling trendy clothes and a wider range of food. For the year, M&S said that revenues reached £11.93bn compared to £10.88bn, in the [...]
Ghost Ship producer Adnams reports bigger loss amid question mark over its future May 22, 2024 Adnams has been struggling despite the fact its beers have been taking off around the country.
Before the Bell: Europe lags behind as Germany and France hit pause on AstraZeneca vaccine March 16, 2021 After an initially positive start markets in Europe rolled over and finished yesterday in negative territory, after Germany, followed by France, Italy and then Spain said they were pausing the rollout of the AstraZeneca vaccine over concerns that it might be a contributory factor in certain cases where blood clots have been reported. The suspensions [...]
Cost of living crisis: 63 per cent of Brits now shop at discount grocery stores August 22, 2023 More than half of shoppers now shop at discount grocery stores as Brits continue to seek out bargains amid the cost of living crisis. According to new data released by NIQ, in the last four weeks some 63 per cent of the public shopped at value chains such as Aldi, B&M and Poundland, with over [...]
Kingfisher shares jump on plans to launch B&Q stores in Saudi Arabia March 9, 2021 Shares in Kingfisher, the owner of B&Q, jumped this morning after it announced plans to expand the DIY chain into the Middle East. Kingfisher said this morning that it has signed a franchise agreement with the Al-Futtaim Group, with the first Middle East stores to launch in Saudi Arabia. It marks a progression in the [...]
Remarksable! M&S raises profit outlook after fresh boost from clothing and food sales August 15, 2023 M&S has raised its profit outlook for the year after the high street stalwart was boosted by sales in its clothing and food arm. The UK retailer reported a 11 per cent hike in sales across its food offering in the first 19 weeks of the year as the business pumped further investment into its [...]
Walmart shares hit all-time high on solid holiday quarter sales February 21, 2024 Walmart shares closed at a record high and led the Dow Industrials after forecasting fiscal 2025 sales above Wall Street expectations and raising its annual dividend by 9%.
Bodycare edges toward the black as it reveals huge expansion plans June 24, 2024 Toiletries retailer Bodycare has revealed plans to open 40 new stores in the south of England as it edged closer to returning to the black during its latest financial year, according to new documents.
Crown Paints expects profits to bounce back after ‘dismal performance’ January 11, 2024 Crown Paints has said high raw material prices contributed to its "dismal performance" which also forced it to cut jobs.