Losses widen at Café Rouge, Bella Italia and Frankie and Benny’s owner The Big Table May 20, 2024 Losses widened at The Big Table, the owner of Café Rouge, Bella Italia and Frankie & Benny's, despite its turnover rising.
US economy: Third-quarter growth revised up to 5.2 per cent – but momentum waned November 29, 2023 The economy grew at a 2.1 per cent pace in the April-June quarter and is expanding at a pace well above what Federal Reserve officials regard as the non-inflationary growth rate of around 1.8 per cent.
Ricardian Equivalence and why Britain’s really in a recession February 21, 2024 The intriguing factor governing low household spending isn't mortgages or energy prices, argues Paul Ormerod, but saving...
Wizz Air set for ‘smooth landing’ despite engine issues and Israel-Gaza disruption May 19, 2024 Wizz Air is set for a smooth landing in its full-year results despite a year hampered by war in the Middle East and supply chain snarl-ups.
Unilever: Ben & Jerry’s maker appoints new chair as leadership shake-up continues July 28, 2023 Ben & Jerry’s maker Unilever has appointed a new chair as the shakeup of its top team continues. The British company, which makes everything from ice-cream and Hellmann’s to Wall’s, said Ian Meakins will join Unilever’s board on 1 September as its non-executive director and chair designate. He currently serves as the chair of British [...]
London can lead the financial world thanks to its command of artificial intelligence June 2, 2023 Despite some ringing alarm bells, London is still the leading financial centre. And much credit goes to its ability to harness new technologies like it has done with artificial intelligence, writes Gerald Chappell
Dunelm prepares to open first London stores as sales and profit rise September 11, 2024 London-listed homeware retailer Dunelm has seen its sales tick up despite its customers facing “competing demands” for their disposable income. The Leicester-headquartered firm saw its overall revenue climb to £1.7bn in the 12 months to 29 June 2024, up from £1.64bn the previous year—growth of 4.1 per cent. This increase was largely driven by 6.2 [...]
Burberry’s fall out of the FTSE 100 is about much more than a challenging market August 30, 2024 Burberry is set to drop out of the FTSE 100 in its quarterly reshuffle, which will be based on market caps as of 2 September. It’s an unfortunate if not surprising turn of events for the UK’s only luxury fashion brand, which has seen its share price drop nearly 75 per cent in the last [...]
Rishi Sunak defends Eat Out To Help Out but rules out repeat this summer March 12, 2021 The chancellor has defended last year’s Eat Out To Help Out scheme despite concerns it caused a spike in coronavirus cases, though he ruled out reintroducing it after lockdown restrictions are lifted. In evidence to MPs yesterday, Rishi Sunak that there was so much “pent-up” demand for meals and pints out among consumers that there [...]
3i Group ups dividend as Action’s ‘remarkable growth’ continues May 9, 2024 Private equity giant 3i Group upped its dividend as its full year results were boosted by the "remarkable growth story" of Dutch retailer Action.