Tesco Mobile returns to profit thanks to Samsung Galaxy September 9, 2025 Tesco Mobile returned to profit thanks to Brits’ demand for premiums handsets such as the Samsung Galaxy S24 series, it has been revealed. The provider, which is a joint venture between the supermarket giant and Virgin Media 02, has posted a pre-tax profit of £1.2m for 2024, new accounts filed with Companies House show. The [...]
Dunelm shares plummet despite ‘successful year’ September 9, 2025 Dunelm’s share price dropped more 10 per cent to 1,114p on Tuesday after profit growth slowed, despite reporting a rise in sales and market share gains. City broker Peel Hunt said the company’s “operational grip shone through”, with numbers as expected. “Outgoing CEO Nick Wilkinson hands over a business in great shape, demonstrating increased relevance [...]
Shopper confidence falls as Brits expect food inflation to climb September 9, 2025 Surging food inflation has dented Brits’ confidence at supermarkets, with many expecting food prices to climb even further, according to new data. Inflation at the grocers hit five per cent in the four weeks ended August 10, down from 5.2 per cent in the previous month but well above the wider UK rate of 3.6 [...]
Modella and HMV owner compete for Claire’s Accessories September 8, 2025 Modella Capital, the investor behind WH Smith’s UK acquisition the man responsible for rescuing HMV are locked in a battle to buy struggling high street chain Claire’s. Claire’s appointed administrators for its UK arm in August, just a week after it filed for bankruptcy in the US and entered administration in France. The company had been considering [...]
Starmer to back unions over businesses amid backlash over Employment Rights Bill September 8, 2025 Keir Starmer is set to push back against business-led amendments proposed by the House of Lords to water down the Employment Rights Bill, as the government is backing unions’ calls for workers’ rights to be strengthened. MPs are set to consider changes proposed in the Lords to replace a new right against unfair dismissal from [...]
How Ordnance Survey is fighting to stay relevant against Google and Apple September 8, 2025 The chief executive of Ordnance Survey has revealed how the historic mapping agency is taking the fight to US giants Google and Apple to remain relevant in the 21st century. Nick Bolton, who runs the Southampton-headquartered business which traces its roots back to the reign of George III, has insisted Ordnance Survey remains crucial to [...]
Domino’s takes on KFC and Popeyes with new fried chicken menu September 8, 2025 Domino’s has announced a new foray into the fast-growing fried chicken market as it looks to turn the tide on tough economic conditions. Chief executive Andrew Rennie said that the new menu items – tenders, wings, and boneless bites with nine “globally-inspired” dips – were a “bold new chapter for Domino’s”. Rennie added that the [...]
Bodycare: Full list of stores to close as 450 jobs lost September 5, 2025 High street health and beauty retailer Bodycare has collapsed into administration with the loss of 32 stores and around 450 jobs being made redundant. Nick Holloway, Chris Pole and Mike Leeds from Interpath have been appointed joint administrators to G.R. & M.M. Blackledge plc, which trades as Bodycare. Founded in 1970 on a market stall [...]
Retail sales see July boost but firms warn of tough winter ahead September 5, 2025 British retail sales rose more than expected in July, boosted by good weather and the UEFA Women’s Euros 2025 tournament. However, extensive revisions to previous months’ data have revealed a less volatile but ultimately slower growth picture for the year. The Office for National Statistics (ONS) today released its latest figures, showing that sales volumes [...]
Strong luxury watch sales amid Trump tariffs reassure investors – for now September 3, 2025 Steady demand for luxury watches in the face of Trump’s tariffs has reassured investors this summer, but analysts have warned that it might not last if prices rise. On Wednesday morning, Watches of Switzerland Group told markets that demand for timepieces has been “consistently strong” over summer, sending its share price up eight per cent. [...]