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High Street
Greggs sales rise 15% in Q3
Greggs has seen its total sales rise by 14.6% for the 13 weeks to 1 October 2022, with company-managed shop…
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Clothing & Shoes
John Lewis launches womenswear rental platform
John Lewis has partnered with rental platform HURR to launch its first ever womenswear rental platform to help “encourage a…
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Supermarkets
Morrisons profits halve in Q3 as inflation pressures hit
Morrisons has seen its profits halve in its latest quarter, falling from £356m to £177m, with the group warning that…
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People Moves
Burberry creative officer to step down
Burberry has announced that Riccardo Tisci will be stepping down as chief creative officer and is set to leave the…
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Department Stores
Frasers Group CEO to waive £1m salary
Frasers Group has confirmed that new CEO Michael Murray will waive his £1m base salary for the financial year ended…
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High Street
Card Factory sales soars as high street business rebounds
Card Factory has welcomed revenue growth of 4.1% in its half-year results, following “good momentum within the business” as well…
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Economy
Pound plunges to historic low
The pound has plummeted to an all-time low against the dollar following the sweeping tax cuts announced by chancellor Kwasi…
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Online & Digital
Made.com to shed workforce amid plans for company sale
Made.com could reportedly cut over a third of its headcount alongside plans to explore a potential sale of the group,…
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Economy
Chancellor announces sweeping tax cuts in first mini-budget
Chancellor Kwasi Kwarteng has today (23 September) announced a ream of tax cuts alongside a £60bn energy support package as…
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Economy
BoE raises interest rates to 2.25%
The Bank of England has today (22 September) announced that interest rates will be raised by 0.5%, with rates rising…
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