HOBBY and books chain The Works is braced for a “very uncertain” year ahead amid soaring costs and a looming recession. Shares in the discount retailer slumped by almost a quarter after revealing it had “materially lowered” expectations for trading. Daily Express :: City and Business Feed
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Gambling giants betting US moves will maintain profits
Two of the biggest gambling firms are set to reveal how the cost-of-living crisis has affected business. Ladbrokes owner Entain and Paddy Power’s parent Flutter will hope profits have been protected despite worries over consumer sentiment, when they deliver half-year updates this week. Daily Express :: City and Business Feed
Read More »Pets at Home still booming after lockdown animal surge
PETS at Home was top dog yesterday as it revealed another sharp rise in sales. The retailer benefited from a boom in pet ownership – including dogs and cats – during the depths of the Covid crisis. Daily Express :: City and Business Feed
Read More »Retailer Next warns of cooler times after summer success story
RETAILER Next has cautioned that stronger than predicted second-quarter sales growth will dip over the rest of the year due to the cost-of-living crisis and cooler weather. Daily Express :: City and Business Feed
Read More »What can mortgage holders can do to combat recession? THREE key tips
MORTGAGE prices are soon to rise, with the Bank of England raising the interest rate by 0.50 percent to 1.75 percent and forecasting a recession, leaving millions of people vulnerable. What can mortgage holders do to combat recession? Daily Express :: City and Business Feed
Read More »Marks and Spencer to cut down on plastic coat hangers after customers complained
MARKS & Spencer is cutting its use of plastic coat hangers after customers complained. Daily Express :: City and Business Feed
Read More »Pound drops on Bank of England interest rate decision as UK issued recession warning
THE pound has dropped sharply against some major global currencies after the Bank of England raised interest rates by the most in 27 years but warned that a long recession is on the horizon. Daily Express :: City and Business Feed
Read More »UK recession warning: Economy on brink as Bank of England set to hike interest rates TODAY
THE UK is on the brink of a recession as the Bank of England is poised to hike interest rates today. Daily Express :: City and Business Feed
Read More »Time to get on board with inland surfing star The Wave
LEISURE developer The Wave is set to make a bigger splash with a new roll-out of its inland surfing parks, giving millions of visitors of all ages, backgrounds and abilities the chance to experience the Olympic sport’s thrills and benefit from water wellbeing. Daily Express :: City and Business Feed
Read More »R3 president warns ‘insolvencies could rise with a struggling economy’
DIRECTORS are closing businesses at a record rate, with 4,908 enterprises choosing to liquidate in the second quarter. Daily Express :: City and Business Feed
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