Consumer confidence hit highest level in three years July 19, 2024 Consumer confidence has risen to its highest level in three years in a tentative sign that the economy is leaving the cost-of-living crisis behind, new data from Deloitte shows. In its latest quarterly Consumer Tracker survey, Deloitte found that sentiment grew by 6.8 per cent year on year, boosted by a significant improvement in sentiment [...]
Mr Kipling still a winner for Premier Foods as sales rise but outlook unchanged July 18, 2024 Sales of Mr Kipling and Asian meal kit The Spice Tailor boosted the company's branded sales by 7.3 per cent, to £213.8m from £199.3m last year.
Artisanal Spirits: Whisky specialist reports strong growth despite China slowdown July 18, 2024 The Edinburgh-based brand reported that earnings before interest, tax, amortization and depreciation (EBITDA) increased by £1m year on year.
UK Amazon workers lose union recognition fight by just 29 votes July 17, 2024 It would have been the first time the company recognised a trade union in the UK. More than 3,000 staff took part in the vote.
King’s Speech: Labour to phase out leasehold system July 17, 2024 Labour will ban the sale of leasehold flats and attempt to replace the system with commonhold, according to plans unveiled in the King's Speech today.
King’s Speech: From no-fault evictions to having a pet, here’s what Labour’s Renters’ Reform Bill will do July 17, 2024 Labour’s Renters’ Reform Bill will introduce significant changes to rented housing in England and Wales, including on no-fault evictions and having a pet. Legislation will be introduced “to give greater rights and protections to people renting their homes”, including “ending no-fault evictions and reforming grounds for possession”, King Charles said. The bill started life under [...]
Adidas: Spain’s Euro 2024 sponsor raises guidance again as profit booms 45 per cent July 17, 2024 Operating profits almost doubled in the second quarter of the year, from £147m to £346m, up by 45 per cent.
Cineworld in talks to axe a quarter of UK sites two years after debt crisis July 16, 2024 Cineworld first ran into trouble in 2022, when a share price collapse in light of a debt crisis led it to de-list from the London Stock Exchange.
‘Green shoots all around’ for the UK venture capital scene but challenges remain July 16, 2024 "We are seeing green shoots all around," principal at Atomico, Sarah Guemouri, said. "Despite a slow start to the year, we expect capital invested as a whole to exceed last year’s figures."
Green light from London council for £330m plan to build 1,250 homes July 16, 2024 Aitch Group has been given the green light for a £330m investment in Belvedere park by a London council, to build 1,250 homes in Bexley. The east-London based property group will turn the industrial land into a series of apartment blocks with a hectare of green space. It’s good news for London’s property sector, which [...]