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Henry Saker-Clark

Business News

JD Sports, Rangers and Elite Sports fined £2m over football kit price fixing

JD Sports has been fined £1.485 million, Elite Sports has been fined £459,000 and Rangers has been fined £225,000.
Sep 27, 2022
Business News

AG Barr boss hails ‘momentum’ as drinks firm faces continued inflation

Roger White, chief executive of the Scottish drinks firm, told the PA news agency that it has come under pressure from rising CO2 prices.
Sep 27, 2022
Business News

Card Factory bounces back to profit as high street sales recover

Shares in the high street retailer moved higher in early trading on Tuesday.
Sep 27, 2022
Business News

Saga shares slide after profit warning over rising insurance claims

It downgraded its expectations after facing high levels of claims inflation, currently about 13%, in its underwriting business.
Sep 27, 2022
Business News

Waste firm Biffa agrees £1.3 billion US takeover deal

It comes three months after Biffa told shareholders it was likely to accept a higher bid from ECP.
Sep 27, 2022
Business News

Matalan put on market as former New Look boss named interim chief

The news came as the group said that chairman John Hargreaves, who founded the company in 1985, would be stepping down from his role.
Sep 26, 2022
UK

Slump in pound could push up price of pint, says brewery boss

The pound’s slide to a record low was described as ‘worrying’ for the British beer industry

Sep 26, 2022
Business News

UK economy to grow slower than previously predicted in 2022, says OECD

The influential economic body also forecast that GDP will stay completely flat in 2023 in the UK.
Sep 26, 2022
Business News

Preserving lower prices more important than short-term profit, says Aldi boss

The comments came as the supermarket chain saw profits slump significantly last year after the firm witnessed rising costs and invested in pricing.
Sep 26, 2022
Business News

Gymfinity Kids clubs chain seeks to triple venues after £5m cash boost

Gymfinity Kids has said it plans to grow to at least 24 venues as part of its growth strategy.
Sep 26, 2022
Politics

Hospitality and retail bosses bemoan lack of VAT or business rates cuts

Kate Nicholls, chief executive officer of UKHospitality, said the Government ‘overlooked’ an opportunity to change the taxes.
Sep 23, 2022
Business News

Retail bosses hail return of tax-free shopping for international tourists

The £2 billion tax reduction forms part of £45 billion tax-cutting plans unveiled by Kwasi Kwarteng in Parliament on Friday.
Sep 23, 2022
Business News

Watchdog says it could approve Morrisons’ takeover of McColl’s

Earlier this month, the Competition and Markets Authority raised concerns over 35 locations.
Sep 23, 2022
Business News

The Works’ shares rocket after ‘encouraging’ sales and return to profit

The stationery, crafts and books retailer hailed pre-tax profits for £10.2 million for the year to May.
Sep 23, 2022
Business News

Made.com considers job cuts and company sale after trading woes

The firm told shareholders on Friday it is conducting a ‘strategic headcount review’.
Sep 23, 2022
Business News

Markets tumble into red as interest rate hikes increase economic worries

The FTSE 100 ended the day down 78.12 points, or 1.08%, at 7,159.62.
Sep 22, 2022
Politics

UK ‘in recession’ as Bank of England hikes interest rates again

Bank bosses predicted a 0.1% fall in GDP for the current quarter, meaning the economy is in a technical recession.
Sep 22, 2022
Business News

HMV launches record label as it ‘harks back to its roots’

The entertainment retailer, which runs 115 stores across the UK, has signed Newcastle-based singer-songwriter India Arkin to the new label.
Sep 22, 2022
Business News

City Pub Group boss appeals for Government business rates and visa action

The London-based pub operator saw shares jump on the back of a surge in sales over the first half of the year.
Sep 21, 2022
Business News

Link faces additional £50m fine from FCA over Woodford probe

Link’s UK-based operation Link Fund Solutions (LFS) ltd managed LF Woodford Equity Income Fund, until its collapse in June 2019.
Sep 21, 2022