Interest rate

Iceland founder rebuffs takeover approaches

Malcolm Walker, the founder of Iceland Foods, has reportedly dispelled rumours that he has been “quietly marketing” the company to…

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Wilko in talks for £30m lifeline

Wilko is in talks to secure a £30m cash injection as cost pressures intensify in the run-up to Christmas, according…

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UK consumer confidence rises to -44 in November

The consumer confidence index increased three points in November up to -44, but it still remains close to a historic…

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How retailers can win customers in a more challenging climate

As we enter this critical period of the year for retailers, they are faced with a series of new challenges…

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BoE hikes rates to 1.75%, warns UK to enter recession until 2024

The Bank of England (BoE) has raised interest rates from 1.25% to 1.75%, marking the biggest rise in rates since…

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M&S links £850m loan to net zero goals

Marks and Spencer will accelerate its sustainability initiatives after securing funding through a new £850m revolving credit facility that is…

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Consumer confidence falls in December amid Omicron fears

Pre-Christmas consumer confidence has fallen one point to -15 in the UK, according to GfK’s Consumer Confidence Index, as the…

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John Lewis signs £420m credit deal linked to sustainability

The John Lewis Partnership has signed a new £420m five-year revolving credit facility linked to environmental targets. It revealed the…

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Consumer confidence drops for third straight month

Consumer confidence has dropped for the third straight month in October, down four points to -17, according to the latest…

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UK Inflation falls to 3.1% despite rising fuel costs

UK inflation fell slightly in September to 3.1% despite rising fuel costs, according to the latest figures from the Office…

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