Sour year for VK and Hooch maker as price rises fail to offset costs jump June 5, 2024 The maker of alcoholic drinks such as VK and Hooch saw its profit slashed as its costs surged despite the group raising prices.
Price rises see sales surge at McVitie’s Digestives, Jaffa Cakes and Jacob’s Mini Cheddars maker June 4, 2024 Price rises helped sales surge at the maker of McVitie's Digestives, Jaffa Cakes, Jacob's Cream Crackers and Mini Cheddars in 2023, it has been revealed.
Yakult: ‘Hostile geopolitical picture’ hurts healthy drink maker May 30, 2024 The UK arm of healthy drink maker Yakult said a "weakening economy influenced by inflation and the general hostile geopolitical picture" impacted its finances during 2023.
Clarks slips into the red despite sales stepping towards £1bn May 30, 2024 Clarks fell to a loss of almost £40m in 2023 despite its revenue increasing to almost £1bn during the year, it has been revealed.
Bank of England’s Broadbent slams ‘groupthink’ accusations as ‘absolute tripe’ May 28, 2024 In an interview with the Times, Ben Broadbent said "when you sit [on the Monetary Policy Committee (MPC)], you realise pretty quickly there is robust discussion about every single question".
UK economy fails to behave itself at start of Rishi Sunak’s re-election bid May 24, 2024 Rishi Sunak has made an improving economy a central part of his election pitch, but in truth these were not the figures he would have wanted to see at the beginning of an election campaign.
Haldane: Bank of England only ‘six months late’ if it starts cutting rates in June May 23, 2024 Speaking on LBC, Andy Haldane, the Bank's former chief economist, said "they (the Bank) should have been cutting from around January."
Election 2024: This economic data is bad news – that’s why Sunak called a vote May 22, 2024 The Conservatives are set to call an election for July 4th and will put a nascent economic recovery at the heart of their re-election pitch.
Could the Bank of England still cut rates in June after poor inflation figures? May 22, 2024 Although Rishi Sunak jumped on the airwaves to proclaim inflation was "back to normal", markets seemed less convinced.
Inflation ahead of expectations in blow for June interest rate cut hopes May 22, 2024 At the Bank of England's last meeting earlier this month, policymakers confirmed that they were considering cutting interest rates.