After four holds in a row, when will the Bank of England cut interest rates? February 1, 2024 Policymakers did not answer this question directly, but they did give some guidance as to the factors at play.
Regent’s Park gardeners down tools in strike over pay February 1, 2024 One of the capital’s most-loved natural spots will be left unattended today as Regent's Park gardeners go on strike.
Shop price inflation drops as supermarkets slash costs January 30, 2024 Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices.
Fuller’s: Pub chain in ‘great shape’ after strong 2023 topped off by bumper Christmas January 25, 2024 Fuller's, which operates almost 400 pubs and inns, said in the 42 weeks leading up to 20 January, its sales growth was at 11.5 per cent, driven by the festive period.
Luxury retailer Julian Charles forced into the red by rising costs January 24, 2024 Rising costs forced luxury bedding and homewares retailer Julian Charles into the red during its latest financial year.
Revolution Bars warns on profits amid venue closures and cash crunch January 24, 2024 Revolution Bars has slashed its profit expectations for the year in the face of bar closures and cash strapped youngsters ditching night outs.
Why council funding may be the next hot potato for Rishi Sunak to handle January 23, 2024 Dozens of Tory MPs have written to Rishi Sunak demanding “emergency” funding for councils which they say are facing cash pressures “like never before” amid an election year.
The world is waking up – again – to the damage higher taxes do to growth January 22, 2024 Tax was on the agenda like never before at last week’s Davos summit. It must mark the moment the UK changes course. There was something in the water at Davos last week. On Wednesday, the World Economic Forum hosted Argentinian President Javier Milei’s ode to free markets and individual liberty, the most staunch defence of [...]
Mitchells and Butler: All Bar One owner lifts guidance as cost pressures ease January 17, 2024 All Bar One owner Mitchells and Butler (M&B) expects profits to be at the top end of forecasts as it cautiously cheered an end to tough cost pressures. The no-frills pub chain, which also owns Toby Carvery, said that like-for-like sales were up 7.7 per cent in the two months to January, over the Christmas [...]
Cutting wages is a short-sighted solution to hospitality’s woes January 17, 2024 The hospitality sector is under pressure, but foregoing fair pay is not a long-term solution, writes Andrea Rasca.