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News

  • February 5, 2025

LK Bennett: Luxury fashion brand loved by Princess of Wales slumps into the red

LK Bennett, the luxury fashion brand loved by the likes of Catherine, Princess of Wales, has slumped into the red. The London-headquartered retailer has reported a pre-tax loss of £3.1m for the 12 mo

  • February 5, 2025

Jack Wills: Job cuts continue as fashion brand halves in size

Profit has continued to fall at fashion brand Jack Wills, which is owned by Mike Ashley’s Frasers Group, as more jobs were cut and stores closed during its latest financial year. The company’s hea

  • February 5, 2025

Retail start-up loans rise as entrepreneurs defy UK high street gloom

Start-up loans for retail businesses rose by a fifth last December, with entrepreneurs still determined despite the gloom surrounding the sector, according to new figures. In December 2023, 32 loans w

  • February 5, 2025

UK new car market stalls as weak consumer confidence bites

New car registrations fell by 2.5 per cent in January as weak consumer confidence and a tough economic backdrop delivered a fourth consecutive monthly decline. There were 139,345 new vehicle registrat

  • February 5, 2025

Kay Burley: Broadcaster quits Sky News after almost four decades

Broadcast titan Kay Burley has announced her retirement from Sky News after 36 years at the helm. The legendary news presenter was part of the original news team which launched in 1989, meaning her ca

  • February 5, 2025

Future: Marie Claire owner hits expectations despite ad struggles

Publisher Future plc reported it is trading in line with market expectations for the first four months of its financial year, despite ongoing challenges in the UK advertising market. The media group,

  • February 4, 2025

Reeves set to gather top investors at Downing Street in growth funding push

Rachel Reeves will try to convince some of the UK’s biggest investment firms to take more risks with their cash tomorrow as she looks to unlock billions of pounds of funding for her growth plans, Ci

  • February 4, 2025

WFH: A third of workers would look for a new job if forced into the office full time

Nearly a third of adults say they would look for a new job if their boss banned working from home (WFH) and made them come into the office full time, fresh research has found. According to an exclusiv

  • February 4, 2025

Octopus Energy: Profit slashed as Greg Jackson’s giant battles rising costs

Profit has been slashed at Octopus Energy as rising costs and falling sales ate into its margin during the giant’s latest financial year. For the 12 months to 30 April, 2024, the group reported a ne

  • February 4, 2025

Diageo: Guinness maker warns tariffs could offset recovery

Drinks giant Diageo has cautioned on the effects of Donald Trump’s tariffs on its business, which outperformed analysts’ expectations this year after a significant contraction last year. US tariff

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