London rents will cool next year – but tenants won’t be out of the woods yet December 12, 2023 Rents will continue to rise in London next year but at a much slower pace than what has been seen over the past 12 months. London landlords are expected to raise their prices by two per cent in 2024, a substantial decrease when compared to the nine per cent hike which was recorded by property [...]
Don’t feel guilty: Cost of living means this is the Christmas of regifting December 8, 2023 One in four people are likely to give a second-hand gift to relatives or friends this Christmas, new research suggests. A survey of 2,000 adults by Royal Mail found that half said they would be happy to receive a second-hand or regifted present, with only one in four taking umbrage. Most of the one in [...]
Scotch Malt Whisky Society owner slashes guidance as whisky market slows December 8, 2023 The owner of The Scotch Malt Whisky Society (SMWS) has issued a profit warning as it is hit by slow demand in China.
Chapel Down makes a splash on AIM as it pushes ahead with growth plans December 7, 2023 Britain’s biggest winemaker Chapel Down Group has made its debut on the Alternative Investment Market (AIM), as it pushes ahead with plans to double the size of its business by 2026. Admission on the AIM, which is a sub market of the London Stock Exchange, took place at 8am this morning. The chardonnay producer was [...]
Games Workshop: Warhammer maker continuing to trade strongly following Amazon deal December 7, 2023 Games Workshop, the maker of Warhammer, has said it is continuing to trade in line with company expectations.
Frasers ‘on track’ as Murray doubles down on elevation strategy December 7, 2023 Frasers, parent company of Sports Direct and Flannels, is on track to hit previous profit guidance
Predicted £7.4bn festive boost in UK hospitality shows Londoners like to party December 6, 2023 The UK hospitality sector will see a favourable boost this holiday season, with a predicted total of £7.4bn to be spent on Christmas partying.
London footfall takes costly hit as rail strikes wreak havoc on Christmas trade December 6, 2023 Footfall across greater London declined by -8.3 per cent on Tuesday as rail strikes led shoppers to steer clear of the high street, spelling more misery for the capital’s retailers amid the vital Christmas period. According to the latest reading from MRI Software, Tuesday was the most impacted day so far, with footfall in central [...]
M&S and Morrisons breach competitive land agreements CMA finds December 6, 2023 M&S and Morrisons used unlawful land agreements to stop rival supermarket stores nearby, the competition's watchdog has ruled.
EG Group: Issa brothers fry off entire KFC franchise to slash debt mountain December 6, 2023 EG Group, the debt-laden petrol group owned by the billionaire Issa Brothers, has offloaded all of its franchise KFC sites in the UK and Ireland to the US multinational behind the fried chicken empire.