Latest finance news – Page 5
-
NewsDebenhams reshuffles non-executive board
Debenhams Group has announced that it has appointed Tom Handley to its board of independent non-executive directors, after Alistair McGeorge stepped down earlier today (Friday, September 19).
-
NewsConsumer optimism about the economy ‘sliding sharply’
The latest numbers from GfK’s Consumer Confidence Index showed a two-point drop in September, while optimism about the economy has cratered since the Labour government came to power.
-
NewsPets at Home CEO exits as profits downgraded
Pets at Home chief executive Lyssa McGowan has left her role and the business has unexpectedly cut its profit guidance.
-
NewsDeliveroo CEO to step down after DoorDash deal completes
Deliveroo founder and chief executive Will Shu is set to leave the business, once the £2.9bn acquisition of the delivery firm is completed by DoorDash.
-
NewsNext posts big sales and profits rise, but sounds warning on UK job market
The fashion retailer reported group sales up by 10.3% and profit before tax up by 13.8% in the six months to July 2025 from 2024.
-
NewsConsumer confidence drops to lowest level since spring as food inflation rises
Consumer confidence in the economy has hit its lowest level since spring as reports of growing food prices and UK economic struggles take hold.
-
NewsMorrisons marks eleventh consecutive quarter of growth
Morrisons has reported an uptick in group like-for-like sales and an eleventh straight quarter of growth, despite the “challenging” consumer environment.
-
NewsMoonpig credits AI and product personalisation for ‘strong start to the year’
Online greetings card retailer Moonpig has credited its growing suite of AI services and product personalisation for its “strong” start to the financial year.
-
NewsQuiz records double digit sales growth after restructuring
Scottish fashion brand Quiz has reported double digit sales growth in July and August, after completing what it called a “wide-reaching operational streamlining strategy” of the business.
-
NewsBoden returns to profit as sales surge
Boden has returned to profit and increased its revenues following a “resoundingly positive” response to its refreshed product ranges.
-
NewsFood inflation inches down but customers still cling to value
Food inflation dipped in August, but value remains at the forefront of customers’ minds as the UK headed back to school.
-
NewsBodycare to shut more branches following administration
Beauty specialist Bodycare, which collapsed into administration earlier this month, is closing more shops.
-
NewsSainsbury’s ends discussions with JD.com over Argos sale
Sainsbury’s has confirmed that discussions over a potential sale of Argos have ended with Chinese giant JD.com.
-
NewsAldi sales rise but profits drop as it rolls out record UK expansion plan
Value supermarket Aldi has reported an increase in sales alongside a fall in profits, as it announced a record £1.6bn expansion plan in the UK.
-
NewsAO ups profit guidance as it expects to deliver double-digit sales growth
Electricals retailer AO has increased its profit guidance and it said it was on track to deliver a strong profit performance and double-digit sales growth.
-
NewsWhole Foods Market losses deepen as sales decline
Whole Foods Market has recorded deepening losses for its UK operations, as revenues took a sharp downturn.
-
NewsBusiness rates rise brings closure risk for 400 stores
Supermarkets and department stores are among shops threatened with “a wave of closures” if businsess rates changes go ahead.
-
NewsOcado Retail boss: ‘M&S products have been a really strong factor in our growth’
Ocado Retail boss Hannah Gibson has said that Marks & Spencer’s products have been a “really strong factor” in the joint venture’s 18-months of consistent growth.
-
NewsGovernment hints at ‘fundamental change’ for business rates
The government has said it considers there to be a case for “fundamental change from a ‘slab’ to a ‘slice’ system” of business rates, in an interim report published today.
-
NewsTHG profits dip after slow start to the year for beauty
THG profits dipped in the first half of the year, after slow beauty trading and increased costs dragged on performance.