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Retail

  • Rise in consumer confidence gives hope for summer spending boost

    May 24, 2024

    UK consumer confidence rose by two points in May in a sign that Brits are becoming increasingly hopeful about their financial position ahead of the summer months. 

  • Taking the biscuit: Oreo maker Mondelez fined £287m by EU for cross-border trade curbs

    May 23, 2024

    Oreo maker Mondelez has been fined £287m (337.5m euros) by EU antitrust regulators for impeding cross-border trade of chocolate, biscuits and coffee products between EU countries.

  • Tate and Lyle reaches sale agreement of American subsidiary

    May 23, 2024

    Tate and Lyle has reached agreement with KPS Capital Partners for the sale of its remaining stake in Primient, an American subsidiary of Tate and Lyle.  The firm said after the sale of its near 50 per cent stake, net cash proceeds, after tax and transactions costs, are expected to be around $270m (£215m).  The [...]

  • London’s West End gets welcome boost with return of foreign tourists

    May 23, 2024

    An influx of foreign tourists over the past 12 months has delivered a boost for the West End's biggest landlord, Shaftesbury Capital, as it reveals its first financial results since its £3.5 bn takeover last year.

  • Pressure on as competition watchdog launches investigation into UK vet industry

    May 23, 2024

    The competitions watchdog said it will press ahead with an investigation into the UK’s vet industry following concerns pet owners are not getting value for money. 

  • Exclusive Offer for Morning Wire Readers: Discover the Latour Discovery Room at Ten Trinity Square Private Members Club

    May 22, 2024  |  Sponsored

    This summer, Morning Wire readers are invited to unlock an exclusive gateway to unparalleled luxury and personalized service with the Latour Discovery Room at Ten Trinity Square Private Members Club. From June to August 2024, seize the extraordinary opportunity to host your private event in the esteemed Latour Discovery Room, usually reserved for club members [...]

  • Empiric Student Property ‘poised for growth’ as rent income rises

    May 22, 2024

    Empiric Student Property said it is "poised for growth" over the 2024 academic year as income from rents continues to rise.

  • Mitchells & Butlers: Shares rise at All Bar One owner as profit hits £164m

    May 22, 2024

    Mitchells & Butlers said half-year profit soared as cost inflation eased, despite an "unavoidable" decline in pubs and restaurants over the last year.

  • Why the prospect of a Shein listing is dividing Canada

    May 22, 2024

    Shein's plans to reportedly float on the London Stock Exchange have been seen as a welcome boost in some quarters. But the Chinese founded fast-fashion giant is posing difficult questions for the City, writes Charlie Conchie

  • Greggs adds a ‘classic’ fish finger sandwich to its menu – but only in 10 stores

    May 21, 2024

    Greggs has updated its menu to feature the “classic” fish finger sandwich, but the product is only available across 10 stores in the UK. 

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