January sales fail to impress shoppers as London footfall disappoints February 2, 2024 January was another disappointing month for London retailers as shoppers steered clear of the high street. A new report by the British Retail Consortium (BRC) showed footfall across the capital declined by 1.7 per cent at the start of the month. This has widened from a fall of 1.4 per cent recorded in December. With [...]
Hugh Osmond-backed Various Eateries plots Noci expansion as it absorbs inflation price hikes February 1, 2024 The firm said it would open 10 more of its Italian inspired Noci restaurants and three more Coppa Club sites.
Brexit checks: What’s actually changing at the border? January 31, 2024 The post Brexit changes are the most consequential since the UK exited the EU single market in 2020. Here’s everything you need to know.
Gusbourne sales boosted as Brits still splashing out on designer sparkling wine January 31, 2024 Despite economic woes, customers still wanted to splash out on a bottle of Pinot Noir and Rose, with Gusbourne reporting a 26 per cent rise in direct consumer sales.
Tourist Tax: M&S and Primark urge Jeremy Hunt to ‘think again’ as £11.1bn wiped of GDP January 30, 2024 Business leaders are piling fresh pressure on the government to scrap its controversial tourist tax as data shows it is eating away at UK GDP and banishing international visitors.
Iceland boss backs Labour as Starmer promises to protect ‘pound in your pocket’ January 29, 2024 Former Conservative donor and Iceland boss Richard Walker has thrown his support behind the Labour Party, calling it the “right choice” for businesses.
Superdry: Losses widen, CFO quits and boss admits a ‘difficult’ period January 26, 2024 Embattled retailer Superdry posted further losses in its half year update, blaming a challenging retail market and underperformance of its wholesale segment.
Revolution Bars warns on profits amid venue closures and cash crunch January 24, 2024 Revolution Bars has slashed its profit expectations for the year in the face of bar closures and cash strapped youngsters ditching night outs.
Quiz: Shares slump as clothing stays on the rack amid business review January 23, 2024 Shares in ailing fashion brand Quiz fell by nearly four per cent this morning as a depressed Christmas trading report failed to impress investors.
London Oxford Street spend slips as pressure mounts to scrap tourist tax January 23, 2024 Bosses behind Oxford Street are piling fresh pressure on the government to scrap the tourist tax after visitors failed to splash the cash over the Christmas period. Dee Corsi, who heads up the New West End Company, said footfall grew three per cent over the holiday season but customers kept their purses shut, with spending [...]