No-shows at pubs, restaurants and bars double October 18, 2023 Pubs, bars and restaurants have seen the number of customer no-shows double over the past year, according to new figures. About one in eight reservations is not being honoured, with customers also not telling venues they need to cancel, research by industry experts from Zonal and CGA by NIQ has revealed. It comes amid a [...]
Royal Mail delivery disasters continue amid reports of delays and lost letters October 18, 2023 Ofcom could fine Royal Mail after it failed to deliver on postal targets across the whole of the UK this summer.
P&G tops profit estimates on pricing boost, resilient demand October 18, 2023 Procter & Gamble (P&G) topped market expectations for quarterly sales and profit on Wednesday, benefiting from higher prices as well as steady demand for its personal care products and cleaning supplies. While P&G’s moves to consistently raise prices over the past several months have dented sales volumes with some cost-conscious shoppers turning to cheaper alternatives, [...]
Jump in business rates could be ‘final nail in coffin’ for many pubs and shops, sector warns October 18, 2023 The chief executive for UKHospitailty said the latest inflation reading and could be a “final nail in the coffin" for many businesses
Credit insurer cover cuts leave retail sector reeling October 18, 2023 Credit Insurers have been dragged into the spotlight after it emerged that they have pulled cover on a host of some of the country’s biggest retailers over the past few months. Both Boohoo and Asos have been hit by insurers withdrawing cover on their transactions. Over the summer, it was revealed that Allianz Trade, formerly Euler [...]
MPs to grill British Museum director and George Osborne over stolen artefacts October 18, 2023 The former chancellor, who is chairman of the British Museum trustees, and Sir Mark Jones, interim director of the body, will appear before the Culture, Media and Sport Committee (CMS) on Wednesday.
Just Eat raises profit guidance thanks to takeaway fiends in UK and Ireland October 18, 2023 Just Eat reported a five per cent growth in gross transaction value (GTV) in the UK and Ireland, while in Northern Europe it grew six per cent.
Gambling giant 888 says revenue down 10 per cent as new regulations hit hard October 18, 2023 Betting company 888 said its betting and gaming revenue dropped in the UK and Ireland even as average monthly users are on the up.
Premier Inn owner Whitbread launches another £300m share buyback as revenues soar October 18, 2023 Premier Inn owner Whitbread has announced plans to complete a new £300m share buy back scheme as it budget hotel business continues to rack in heft profits. The no frills hotel chain just completed an identical buy back at the start of October, but said it is in strong shape to launch a second consecutive [...]
More pain for punters: Wetherspoons meal could hit £30 by 2050 October 17, 2023 In 30 years time, the price of a cheeseburger in a London Wetherspoons may cost £19.00 and its all day brunch could cost nearly £28.