The beloved British bakery chain Greggs has issued a stark profit warning as scorching summer temperatures dampened consumer appetite for its signature hot pastries, triggering a sharp decline in its
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Investors in junk bonds are bracing for potentially significant losses as analysts forecast a concerning rise in defaults for the coming year. Deutsche Bank’s latest report suggests the likelihood of
The £1 trillion-a-year luxury goods industry is facing unprecedented challenges as sales slump across major markets. Recent figures from industry giant LVMH reveal a concerning pattern, with fashion and leather
Shares in FTSE 100 distributor Bunzl plunged dramatically today, wiping more than £2.5 billion off its market value after the company issued a surprise profit warning linked to tariff pressures
Tesla has reported a dramatic decline in vehicle sales during the first quarter, reaching their lowest point in nearly three years. Sales figures reveal a decline of 13%, dropping to
Aviva has once again found itself at the centre of controversy as it seeks to revive its proposal to cancel £450 million worth of preference shares. This comes seven years
Britain’s discount retail sector faces mounting challenges as the cost-of-living crisis shows signs of easing, marking a significant shift in consumer behaviour that has rattled major players in the market.
The largest shareholder in Topps Tiles has launched a scathing criticism of the retailer after the Competition and Markets Authority (CMA) raised the possibility of an in-depth investigation into its
Recent clinical trials have unveiled a significant breakthrough in the potential application of weight-loss medication Semaglutide, marketed as Wegovy, in reducing alcohol consumption. The groundbreaking study demonstrated a remarkable 40%
The United Kingdom’s used electric vehicle (EV) market achieved unprecedented growth in 2024, with sales soaring by 57.4% to reach 188,382 units, according to data released by the Society of
The world’s largest spirits manufacturer, Diageo, has abandoned its medium-term sales growth target of 5-7% amid mounting pressures from potential US tariffs and global market volatility. The decision marks a
The world’s leading spirits manufacturer, Diageo, finds itself at a critical juncture as investors grow increasingly concerned about the company’s performance under new leadership. The £55bn British drinks giant, known
OpenAI has unveiled its latest advancement in artificial intelligence with the launch of a groundbreaking tool called ‘deep research’. The San Francisco-based technology giant asserts this innovative system can produce
Japanese investors have embarked on a significant selloff of Eurozone government debt, reaching the most aggressive pace in over a decade. The net sales surged to €41bn in the six
The US economy demonstrated remarkable resilience in December, generating 256,000 jobs and catching market observers off guard. This substantial employment creation triggered an immediate spike in US government debt yields,
The British video game market has experienced a notable 4.4% contraction, marking a significant shift in consumer behaviour, with boxed video game sales plummeting by 35%. The Entertainment and Retail
