Hotel Chocolat Reports Falling Revenues and Profit Amid Rising Costs
Hotel Chocolat reports a drop in revenues from £142m to £129m, with underlying PBT falling to £10.2m, due to...
living costs
Amazon Coventry Workers Plan Extended Strike Amid Pay Dispute
Amazon workers in Coventry are planning a week-long strike starting February 28th and continuing on March 2nd, followed by...
Kingfisher Lowers FY Guidance Despite Increased Sales and Strong Brands Performance
Kingfisher, the owner of B&Q, has lowered its full-year profit guidance despite a 1.1% increase in sales to £3.3bn...
Asda’s Q2 Sales Improve, but Still Down from Last Year
Asda reports a 1.9% drop in Q2 sales compared to last year, improving from a 9.2% decline in Q1....
UK Consumer Spending Up 9.3% Amid Rising Costs, Barclaycard Reports
In May, consumer card spending grew 9.3% compared to last year as essential items rose 4.8%, fuel spending surged...
Inflation Hits Essential Spending, Non-Essentials Remain Steady Amid Cost Crisis
Inflation and rising living costs are impacting retail as essential item spending increased to 18.1% in April, up from...
UK Consumer Spending Surges Amidst Rising Costs
In a post-Plan B world, consumer card spending surged 13.7% year-on-year in February, with essential items up 12%, driven...