Sainsbury’s refuses to rule out job cuts in £1bn ‘food first’ strategy February 7, 2024 Sainsbury’s did not rule out job cuts as part of its strategy update which aims to save £1bn and ramp up the amount of food it sells in its supermarkets. This morning, the UK’s second biggest grocery chain said it would slash the amount of general merchandise and clothing it sells in its shops, describing [...]
What’s On In London In February 2024 February 7, 2024 | City Talk As London starts to blossom and we emerge from the winter slump. Central London Alliance brings opportunities for you to embrace the romance of the city for Valentine’s Day. In addition, we welcome in the Chinese New Year, with a vast array of exhibitions, events and experiences to keep you busy throughout the month. Revel [...]
Crazy golf group Big Fang Collective to expand after £5.5m boost February 7, 2024 A crazy golf group is aiming to expand into three "major cities" this year after securing a £5.5m boost.
PZ Cussons shares nosedive 17 per cent after company slashes dividend following Naira devaluation February 7, 2024 British health and beauty manufacturer PZ Cussons has cut its dividend following a 70 per cent decline in the value of the Nigerian Naira.
Coca-Cola HBC follows McDonald’s in feeling the heat of Israel-Gaza war boycotts February 6, 2024 Shares in Coca Cola HBC edged down this morning amid warnings from analysts that the bottler of the iconic fizzy drink could be the latest to feel the financial pain of Pro-Palestntain boycotts.
K-Pop event firm’s shares remain suspended as losses continue to spiral February 6, 2024 Live Company, the firm behind children’s live entertainment group Bricklive and K-Pop Lux has published its 2022 financial accounts after a six month delay which resulted in it being suspended from the London Stock Exchange. Back in July, the Surrey based group was told it could no longer trade because it failed to publish its [...]
Brits stayed at home to watch The Traitors during Dry January in blow for pubs February 6, 2024 Restaurants were hit harder with spending declining 11.6 per cent widening from 8.8 per cent on a month on month basis.
McDonald’s trades below expectations as Israel-Gaza war protests hurt sales February 5, 2024 McDonald’s traded below investor expectations and sales slowed in many markets in part due to protests over the ongoing conflict in Gaza. Global sales across its stores grew 3.4 per cent in the fourth quarter below analyst expectations of 4.7 per cent. While revenue reached $6.41bn (£5.11bn) down 0.7 per cent from estimates of $6.45bn [...]
Farfetch hit with winding up petition as creditors attack rescue deal struck with chief Jose Neves February 5, 2024 Farfetch has been hit with a winding up petition amid claims its founder Jose Neves destroyed the value of the embattled retailer in the lead-up to its near £400m rescue deal.
Kylie Jenner Instagram post helps drive sales at Kurt Geiger as fans buy ‘affordable’ £270 bag February 5, 2024 Billionaire Jenner, who has 400 million followers on Instagram, posted an image of herself posing with a £270 handbag made by the brand
