The UK’s minimum wage will rise to £12.21 in April 2025, benefiting over three million workers.This increase aligns with Labour’s…
Browsing: economic pressures
Despite a drop in sales, New Look manages to narrow its pre-tax losses amidst challenging market conditions.Pre-tax losses decreased from…
Fenwick reports a substantial financial loss amidst the challenges of a tough retail market.The department store chain shows a pre-tax…
As economic pressures mount, PepsiCo revises its sales growth expectations, reflecting broader consumer trends.Consumers are increasingly opting for cost-effective own-label…
Marlow Foods, the owner of Quorn, faces challenging times with a significant financial deficit.A £63 million loss was recorded as…
Economic indicators reveal that UK consumer prices stabilised in August, yet challenges remain.Core inflation, excluding volatile food and energy prices,…
PrettyLittleThing founder Umar Kamani re-joins the company, signalling significant changes ahead. His return marks a strategic move towards prioritising customer…
British retailers are witnessing price deflation for the first time in nearly three years, with a recorded drop to 0.3%…
Despite high wage growth, 71% of UK business leaders believe they can meet employee pay expectations.UK wage growth has averaged…
Despite economic strains, Britons continue to value social experiences like dining out, with essential social activities and community engagement remaining…