Consumer spending rises ahead of Christmas but retailers still feeling the pinch December 8, 2020 Early Christmas shopping helped boost consumer spending last month but lockdown restrictions continued to hit retailers. Spending dropped 1.9 per cent last month as restrictions took effect but spending on essential items climbed 4.9 per cent, according to the latest data from Barclaycard. Supermarkets enjoyed a 17.9 per cent rise in sales with a staggering [...]
Moving markets: What’s shaping the FTSE 100 today January 12, 2024 Asian shares exhibit mixed performance, with oil surging due to US-UK Yemen strikes, gold shining amidst growing safe-haven appeal, and attention shifting towards upcoming UK factory and GDP data.
Carex, Imperial Leather and Original Source maker PZ Cussons slumps into the red after Nigerian Naira collapse September 18, 2024 Shares in PZ Cussons, the company behind the likes of Carex, Imperial Leather and Original Source, have been cut after the business revealed how a 70 per cent slash to the Nigerian Naira has impacted its finances. The Manchester-headquartered firm, which is listed on the London Stock Exchange, has reported a revenue of £527.9m for [...]
Scotch Whisky sector demands support amid export slump September 12, 2024 The Scotch Whisky Association has called on the government to provide additional support to the industry following a slump in exports. The Scotch Whisky industry is a major contributor to the UK economy. The Scottish Whisky Association (SWA) states that the industry is worth £7.1bn annually and supports 66,000 jobs across the UK, mainly in [...]
Young’s declares City heartland back in business as pub sales up 11 per cent November 10, 2022 Pub operator Young’s has said its Square Mile sites are bustling with office workers and tourists once more, as it declares central London back in business. Sales in the City – which has seen hospitality venues hammered hard by home-working trends and Covid lockdowns in recent years – were up 11.1 per cent in recent [...]
Let’s be honest, pornography is not sex positive – and it’s not prudish to say so August 6, 2024 It is commonly believed that watching pornography is part of a healthy sex life. But what if our awkwardness means we're not asking the necessary questions?
FTSE 100: UK stocks erase losses from last week’s selloff ahead of economic data dump August 12, 2024 The FTSE 100 reversed its losses from last week's massive global selloff on Monday as investors hunt for bargains and look ahead to a slew of economic data in the coming days.
UK economy will ‘flatline’ as stubborn inflation and a tight jobs market drag on growth June 8, 2023 Britain remains on course to dodge a recession this year but growth will "flatline" as stubborn inflation and a tight jobs market continue to drag on the economy, according to the latest forecast from the British Chambers of Commerce.
UK business output jumps to highest level in two years as further rate cuts expected August 12, 2024 UK business output has jumped to its highest level in two years, according to a closely-watched survey, as the expectation of more interest rate cuts provide optimism for the coming months.
Easyjet and Wizz Air to reveal impact of Israel-Gaza conflict January 21, 2024 Two of Europe's biggest budget carriers will reveal third quarter updates next week. Here's what investors will be watching.