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Mark Banham

Business

Pub and restaurant body challenges Chancellor on VAT budget omission

UKHospitality boss insists ignored business rates must also be urgently addressed in autumn budget or before

Sep 23, 2022
Business

Burberry COO Brown departs fashion house

Hunt is on for successor at brand favoured by stars including Emma Watson and Billie Eilish

Sep 23, 2022
Business

Sofa retailer ScS appoints former Argos boss Walden chair

He replaces Alan Smith who will step down from the group at the end of next year

Sep 23, 2022
Business

Furniture retailer Made up for sale

Last month the online platform sought eleventh hour financial bail out

Sep 23, 2022
Business

JD Sports profits dip but ‘optimistic’ despite economic headwinds

Newly installed boss Régis Schultz looks for growth and international market share grab

Sep 22, 2022
Business

M&S sets out £15 million cost of living package for staff

Boost will include an additional Autumn pay review setting £10.20 minimum hourly rate

Sep 21, 2022
Business

Moonpig back to basics as greetings card business takes priority

Offering has a ‘demonstrable track record of being resilient’ in harsh economic times

Sep 20, 2022
Business

Mike Ashley to stand down from Frasers board

Company includes Sports Direct, House of Fraser and Jack Wills high street brands

Sep 20, 2022
Business

Bitcoin drops below $19,000 benchmark

Tough 24 hours for cryptocurrencies as potential Federal Reserve rate hike weighs on investors

Sep 19, 2022
Business

Volkswagen seeks to drive €9.4 billion from Porsche IPO

Car marque will seek a valuation of €70 billion to €75 billion to drive future EV investment

Sep 19, 2022
Business

Frasers takeover bid rejected by Australian fashion hub MySale

Mike Ashley’s business has recently conducted a fashion brand acquisition spree

Sep 16, 2022
Business

H&M misses summer sales expectations

Second largest fashion chain fails to reach analyst predications as cost of living bites

Sep 15, 2022
Business

Homeware and fine china firm Portmeirion plates up revenue boost

Company profits also rose during the first half as consumers returned to furnishing homes

Sep 15, 2022
Business

Sofa retailer DFS profits slump in face of most ‘challenging year’

Business is also faced with reduction in order volumes for upcoming fourth quarter

Sep 15, 2022
Business

Dunelm sales leap as it navigates ‘challenging’ economic environment

Full year profits at the 170 store homeware retailer also jumped by 34.9%

Sep 14, 2022
Business

Former Sky finance head Griffith appointed City minister

He replaces John Glen who formerly presided over business in the Square Mile

Sep 13, 2022
Business

Fever-Tree shares fizz on revenue climb but still warns on margins

Market price boosted 13% despite cost pressures and pre-tax profit dip

Sep 13, 2022
Business

Electrolux wires up cost cutting measures after customer demand hit

Action will be led by new US business head Ricardo Cons

Sep 12, 2022
Business

DFS appoints former Matalan head Johnson as chair

He replaces Ian Durant who retires from the furniture retailer later this year

Sep 12, 2022
Business

UK property business Grainger pledges responsible rent for tenants

Affordability in harsh economic times remains ‘central consideration’ for residential landlord 

Sep 12, 2022
Business

Landlord association calls for fair distribution of £400 energy rebate

Energy cap 80% hike to £3549 raises questions over future government support payment

Aug 26, 2022