Nightcap: Cocktail group’s revenue stirring but shaken by rail strikes November 23, 2023 Nightcap, the cocktail bar chain owned by Dragons Den star Sarah Willingham, has reported a 29 per cent leap in revenues during the year to £46.4m. However, the late bar operator, which owns the likes of London Cocktail Club and Barrio, said that like-for-like revenue declined by 12.5 per cent following “record breaking” figures last [...]
Hornby: Model railway maker’s losses off track due to slower Christmas demand November 23, 2023 The maker of iconic model railway's Hornby saw losses mount in its half year results, amid a slower ramp up in demand headed into Christmas.
PZ Cussons: Carex maker has to pay up for Nigerian arm November 23, 2023 Carex maker PZ Cussons said it would exit the Nigerian stock exchange earlier this year after the naira was devalued when inflation hit 24.08 per cent.
Pubs raise a glass to Hunt’s alcohol duty freeze and rates relief November 22, 2023 The UK's struggling pub sector has said it was "extremely pleased" with the news that alcohol duty will be frozen and business rates relief has been extended.
Banks profiting from rate rises boost luxury concierge firm Ten Lifestyle November 22, 2023 UK banks profiting from soaring interest rates has helped boost earnings at luxury concierge platform Ten Lifestyle to record levels, the firm said today. The firm, which counts Coutts and St James’s Place as clients, works with a host of corporate customers to help organise everything from hotel upgrades to reserving tables at top restaurants. [...]
Kingfisher shares sink six per cent after B&Q owner’s profit warning November 22, 2023 B&Q owner Kingfisher has once again lowered its profit guidance for the year as its French arm continues to struggle.
Britvic toasts strong revenues as ‘affordable treat’ Pepsi Max booms November 22, 2023 Britvic announced a positive set of final year results as the soft drinks maker was bolstered by demand for its sugar free Pepsi products.
Grainger Network Rail and Bloc Group announce partnership to build 2,000 UK homes November 22, 2023 Grainger has announced a partnership with Network Rail and the property developer Bloc Group to deliver 2,000 homes across Britain.
Westfield exec makes fresh calls to scrap tourist tax ahead of Autumn Statement November 21, 2023 The chief operating officer of Westfield Group, has said reinstating the tourist tax would have a “ripple effect” on London’s economy.
AO World raises guidance again as it returns to profit despite falling revenues November 21, 2023 Electrical retailer AO World has raised its profit guidance despite revealing a fall in revenue, according to a trading update published this morning. The online group, which calls Frasers Group its largest shareholder, said a decision to stamp out unprofitable sales led to a 12 per cent dip in revenue during the interim. But adjusted [...]