Lidl has reported its strongest UK Christmas trading period, with sales rising by 7 per cent year-on-year in the four weeks to 24 December, surpassing the £1 billion milestone for the first time. Two million more shoppers visited its stores during the festive season, lured by cut-price champagne and an “affordable” party food range, which […]
A record number of shops are expected to close their doors this year, with rising business rates cited as the final blow for many retailers. According to fresh figures from the Centre for Retail Research, store closures could hit 17,349 in 2025, surpassing the 17,145 recorded in 2022 when pandemic support measures were scaled back. […]
The Bank of England is expected to cut interest rates at least four times this year, according to a new survey of 51 economists. The recent poll suggests the base rate could fall from its current 4.75 per cent to 3.75 per cent or lower in 2025, with a majority of respondents forecasting four quarter-point […]
David Lloyd Leisure is ramping up its focus on flexible lifestyles by introducing dedicated workspaces at its upmarket health clubs, allowing members to squeeze exercise, spa time, and remote work into one location. The move comes in response to changing work patterns, as more professionals break free from daily office commutes. Russell Barnes, chief executive […]
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