Henry Saker-Clark
Business News
Greene King-backed Hickory’s to open 10 restaurants a year
The BBQ smokehouse brand, which was acquired by Greene King in 2022, has said it sees a ‘substantial opportunity’ to grow despite sector challenges.
21 Apr 2025
Business News
Robert Walters cuts more jobs amid troubles in hiring market
The company told investors it no longer expected to make a profit for the year.
14 Jan 2025
UK
Sainsbury’s staff set for 5% pay hike after ‘biggest ever’ Christmas
Sainsbury’s told shareholders it is on track to increase its profits for the year, in line with previous targets.
10 Jan 2025
Business News
Pound tumbles to 14-month low as FTSE climbs despite slump from retail stocks
The FTSE 100 finished 68.66 points, or 0.83%, higher to end the day at 8,319.69.
10 Jan 2025
Business News
British financier approaches banknote firm De La Rue over £245m takeover
Shares in the firm jumped by over a tenth on Thursday as a result.
9 Jan 2025
Business News
Boohoo accuses Frasers of bid to ‘destabilise’ firm at second investor vote
Frasers has called for Mahmud Kamani to be axed from Boohoo’s board at a general meeting set for January 21.
9 Jan 2025
Business News
Reeves may need to cut spending after jump in borrowing costs, say economists
The yield on government bonds jumped to its highest level since 2008 as the pound also tumbled in value.
8 Jan 2025
Business News
Pound slumps as government borrowing costs highest since 2008
The yield on the benchmark 10-year UK gilt, which reflects the cost of government borrowing, climbed by roughly 12 basis points.
8 Jan 2025
Business News8 Jan 2025
Johnson Matthey says it is making ‘progress’ after investor criticism
US investor Standard Industries had renewed demands for an overhaul of the chemical technologies firm
Business News
UK long-term borrowing costs jump to highest level since 1998
The yield on 30-year gilts increased on Tuesday by four basis points to 5.22%, surpassing the spike seen in 2023.
7 Jan 2025
Business News
FTSE 100 edges back after housing and bank shares fall
London’s top index finished 4.38 points, or 0.05%, lower to end the day at 8,245.28.
7 Jan 2025
Business News
Bet365 boss Denise Coates takes home £150m despite pay cut
The latest accounts showed that the company recorded a turnover of £3.72 billion for the year, up from £3.41 billion a year earlier.
6 Jan 2025
Business News
UK service firms slash jobs at fastest rate for almost four years
Activity in the UK services sector last month was slightly weaker than economists’ predictions, according to new data.
6 Jan 2025
Business News
Tesco and Sainsbury’s to shed light on Christmas sales performance
Tesco and Sainsbury’s will both provide third-quarter updates for investors and analysts next week.
3 Jan 2025
UK
Laura Ashley acquired by Ben Sherman owner Marquee Brands
The British retailer, which was founded in 1953, will retain its UK-based team as part of the deal.
3 Jan 2025
Business News
Evri deliveries jump 12% as parcel firm shrugs off storm disruption
The parcel firm said it was boosted by soaring demand after Black Friday, as cash-strapped shoppers looked for Christmas deals online.
3 Jan 2025
Business News
More than 13,000 high street shops closed in 2024
Experts have warned there is ‘worse set to come’ in 2025 because of Budget cost hikes.
2 Jan 2025
Business News
Wildwood restaurant owner reports ‘disappointing’ Christmas trading
Tasty, which also runs sites under Dim T brand, previously said it had been impacted by tough conditions over the half-year to September.
2 Jan 2025
Business News
Lidl sales jump 7% over ‘record’ Christmas period
The retailer said it witnessed a jump in demand for party food and champagne.
2 Jan 2025
Business News
FTSE drops amid thin trading as Wall Street stocks slip
The FTSE 100 finished 28.77 points, or 0.35%, higher to end the day at 8,121.01.
30 Dec 2024
Business News
David Beckham nets £28m after business buoyed by Netflix documentary
Freshly filed accounts revealed his business enterprises saw profits more than double last year.
30 Dec 2024