Ultimate Products, a consumer goods conglomerate, has disclosed a decline in airfryer purchases among Brits, resulting in a four per cent decrease in revenues during the latter half of the year. The company, which boasts ownership of Salter, Britain’s oldest houseware brand established in 1760, reported a revenue drop from £87.6m in the first half […]
Delivery drivers for popular food-ordering platforms such as Deliveroo and Uber Eats are preparing to stage a strike on Valentine’s Day to demand improved pay and working conditions. The strike, scheduled for Wednesday, is being orchestrated by a grassroots organisation called Delivery Job UK, with a significant number of its members hailing from Brazil. The […]
Adnams has confirmed its engagement of advisers to explore avenues for raising funds as the Suffolk-based brewery seeks to safeguard its financial stability. The longstanding company, with a history spanning 152 years and headquartered in Southwold, Suffolk, has enlisted Alvarez & Marsal to “evaluate various options to support the company’s future growth strategies.” In a […]
In a testament to the resilience of the UK’s entrepreneurial spirit, newly released data reveals that over 900,000 new companies were incorporated in 2023, marking a historic high for business formation in the country. The surge in start-ups has propelled the total number of active businesses in the UK to 5.31 million, setting yet another […]
The hairdressing and beauty sector is preparing for potential upheaval, with warnings of salon closures and job losses reverberating throughout Britain. Toby Dicker, co-founder of the Salon Employers Association, representing over 1,400 businesses nationwide, emphasized the industry’s inability to absorb escalating labor costs and taxes. Dicker stated, “We are on the brink of collapse, and […]
The UK private sector is experiencing its lowest employment levels in a decade, as hiring decisions are clouded by uncertainty surrounding economic prospects amidst high interest rates and sluggish consumer demand. According to the latest data from BDO, a leading accountancy and business advisory firm, the employment index has dropped for the seventh consecutive month […]
Mark Dixon, the chief executive and founder of IWG, formerly known as Regus, is embarking on ambitious plans to open 2,000 new offices across the UK within the next five years. This substantial expansion aims to bolster IWG’s presence significantly as it gears up for a potential listing on the New York Stock Exchange. Currently […]
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
Claude Littner, known for his role on “The Apprentice,” has revealed that he will no longer be a regular fixture on the show due to injuries sustained from a cycling accident three years ago. The 74-year-old businessman, who previously served as an adviser alongside Karren Brady to Lord Sugar, disclosed that he will not be […]
A recent Nationwide advertisement featuring actor Dominic West has sparked an investigation by the Advertising Standards Authority (ASA) following a complaint filed by rival bank Santander. In the advert, West portrays the head of a fictional major bank who derides customers while discussing plans for branch closures. The complaint alleges that the advertisement is misleading […]