B&M’s Revenues Dip as New CEO Alex Russo Named
B&M reports a 2.7% drop in full-year sales to £4.7bn, with UK revenue down 4.1%, despite a 13% increase...
cost of living
Marks and Spencer Faces Profit Challenges Amid Russia Exit
Marks and Spencer (M&S) predicts flat profits this year due to rising living costs and increased expenses. The company...
UK Economy Shrinks in March Amid Rising Costs
UK's economy shrinks 0.1% in March due to rising energy prices and cost of living; services sector takes the...
Pepco Group Reports Strong H1 Performance Amid Global Challenges
Poundland owner Pepco Group reports a 17.5% increase in first half revenues, reaching €2.3bn, thanks to significant store expansion...
Retail Sales Show Continued Growth Amidst Challenges and Shifting Consumer Habits
In a new report from BRC and KPMG, UK retail sales increased by 6.7% in February compared to last...
Bira Warns Retailers Amid Sales Rise: High Street Recovery Fragile
In January, UK retail sales rebounded by 1.9% as shoppers returned after the Omnicron disruption, with department stores and...
BoE Raises Interest Rates Amid Inflation Concerns and Rising Cost of Living
In a surprising move, the Bank of England has raised interest rates for the second time in three months,...