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High Street
M&S boss confirms DragonForce behind cyber attack
Marks and Spencer chair Archie Norman has confirmed to a Parliamentary select committee that hacker group DragonForce was behind the…
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High Street
Dunelm appoints Sainsbury’s chief as new CEO
Dunelm has announced the appointment of Clodagh Moriarty as its new CEO, effective 1 October 2025. Moriarty is currently chief…
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Technology
Apple’s UK tax bill hits £300m as operating profits clear £1.2bn
Apple has revealed that it paid £304m in corporation tax in the UK for the year ended 28 September 2024,…
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Supermarkets
Asda unveils enhanced family leave benefits for staff
Asda has announced improvements to its family leave benefits for its staff around caregiving, parenthood and family loss. As part…
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Clothing & Shoes
Frasers nearly doubles financing facility to £3bn to support growth
Frasers Group has revealed that it has increased its financing facility from £1.65bn to £3bn in a new term loan…
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High Street
Greggs warns on profits after warm weather hits sales
Greggs has revealed that it expects its full-year operating profit to be “modestly” below FY24 after the heatwave in June…
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Economy
Shop prices return to inflation as retailers struggle to shoulder costs
Shop price inflation increased to 0.4% year on year in June, compared with a decline of 0.1% in May, as…
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Online & Digital
Ocado’s increased debt calls turnaround plan into question
Ocado’s turnaround plans have reportedly been called into question as its heavy reliance on debt in a high inflationary environment…
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Sport & Leisure
Nike posts lowest sales in years as it warns of $1bn tariff hit
Nike has seen fourth quarter revenues fall by 11% to $11.1bn (£8.08bn), its lowest sales figure since Q3 in 2022,…
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