Mike Ashley’s private investment vehicle has reported a substantial pre-tax loss of £7.2 million, reflecting a write-down related to its stake in a property development firm. The losses are primarily
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Shares in Games Workshop, the company behind popular games such as Warhammer 40000, have witnessed substantial growth, rising almost 34 times in value over the past decade. This surge has
Marks and Spencer is embroiled in a new legal dispute following accusations of copying a nutritionist’s health snacks, known as “brain bombs.” The controversy stems from claims made by Dorota
Executives at major supermarkets are taking strategic steps to navigate the changes introduced by Labour’s landmark Employment Rights Act, which recently received Royal Assent. As this new legislation prepares to
The UK’s unemployment rate increased to 5.1 percent in the three months to October, reaching its highest level since January 2021. The uptick, reported by the Office for National Statistics,
Newcastle’s independent hospitality scene is confronting an unprecedented challenge as more than 1,000 city centre businesses see steep increases in business rates from April 2026. The government’s Valuation Office Agency
Retailers and hospitality operators are bracing for a sharp increase in business rates after the recent Budget, with many industry leaders warning the changes will intensify challenges for high street
Staff at Asda’s Leeds headquarters were recently welcomed by a mock mountain base camp and rock-climbing wall, part of a training event orchestrated by executive chairman Allan Leighton. The Alpine
JD Sports Fashion has alerted investors that its annual profit will likely reach the lower end of forecasts due to mounting youth unemployment and diminished sales volumes in trainers and
Ken Murphy, chief executive of Tesco, has delivered a direct appeal to Chancellor Rachel Reeves, urging her to refrain from further tax increases as concerns mount over the impact of
Shares in ASOS fell 48 per cent yesterday following a profit warning by the online fashion giant, with management admitting its turnaround strategy has temporarily stalled amid shifting sector and
Retail giant Next has sounded the alarm on the UK’s economic outlook, stating that the nation faces a prolonged period of slow growth due to mounting tax burdens and tightening
The removal of tax-free shopping for international visitors has delivered a fresh blow to Londons West End, costing the district £310 million in lost sales during the first half of
The United Kingdom is facing a renewed escalation in food price inflation, with August recording the sharpest increase in nearly one and a half years, worrying policymakers at the Bank
River Island, the high street retailer founded by the Lewis family in 1948 as Chelsea Girl, is set to implement sweeping rent cuts and close a number of stores amid
The Chancellor, Rachel Reeves, is facing fresh pressure from industry leaders as forecasts indicate a planned business rates increase for large retailers could drive food prices even higher in the
