Healthy growth for retailers over the festive period, but consumers feeling the pinch,Data from leading eCommerce provider Visualsoft shows that revenue for retailers increased during the 2023 festive period – with consumers prioritising more orders, of smaller value. Revenue grew 12-13% prior…
The UK economy is almost £140 billion smaller as a result of Brexit,The Mayor of London, Sadiq Khan, will use a speech at Mansion House in the City of London tonight to reveal that the cost of Brexit to the UK’s economy…
Bentley hit with ‘challenging market conditions’,Luxury car maker Bentley has said that their global sales fell by 11% in 2023, but remain “cautiously optimistic for the year ahead.” Bentley delivered 13,560 cars last year compared…
No Christmas bounce for retailers as shoppers look for bargains,The significant drop in retail sales of more than 3% in December reported by the ONS this morning was not entirely unexpected, it is still disappointing that the anticipated rebound…
As ‘Storm Jocelyn’ batters the UK experts share your compensation rights for air travel,Storm Isha has caused widespread flight disruption across the UK, and now “Storm Jocelyn“is expected to follow in the next 48 hours. Turbulence is caused by irregularities in the wind,…
In three months to the end of December, the whole economy median pay settlement stands at 6%,The latest data from XpertHR shows that the median basic pay award in the three months to the end of December 2023 remained at 6% – the same value for…
Diageo reports a drop in net sales,Diageo has reported a fall in net sales over the past six months due to a plunge in demand in Latin America and Caribbean, but in the UK there is…
Novo Nordisk’s record-breaking growth highlights ‘insatiable demand’ for weight loss drugs,There has been a big achievement’ for the Danish pharmaceutical company as revenue growth rate reaches 20 year high. Growth isn’t limited by demand, but by production capacity the market…
Waitrose and John Lewis staff are ‘frightened’ over redundancy pay cuts,GMB Union represents hundreds of workers within John Lewis Stores and Waitrose. John Lewis and Waitrose workers are ‘frightened’ after the company announced it was slashing redundancy pay in half.…
Gold ETFs failing to sparkle, but is a breakout on the horizon?,The gold market may not be glittering with gains lately, but brighter days could be ahead. Gold exchange-traded funds (ETFs) have seen lackluster interest from investors even as prices hover…
