Interest Rates

Booths narrows pre-tax losses to £1.6m

Supermarket chain Booths has narrowed its losses from £4.0m in 2023 to £1.6m and has reported a 6.7% rise in…

Read More »

Sleepeezee pre-tax profits dip to £159k in FY23

Bed retailer Sleepeezee has reported a pre-tax profit of £159,261 for the year ended 31 December 2023.  According to statements…

Read More »

Oliver Bonas profits fall to £6.8m amid high inflation

Oliver Bonas profits dropped to £6.8m for the year ended 31 December 2023 as the company struggled with growing interest…

Read More »

BoE holds interest rates at 5%

The Bank of England (BoE) has decided to hold interest rates at 5% this month, having lowered them for the…

Read More »

Fred Perry PBT jumps 11.5% to £18.5m

Fred Perry has revealed its profit-before-tax jumped 11.5% to £18.4m in the year ended 31 December 2023. In its most…

Read More »

CMO sales fall by 17% in H1 amid poor weather

CMO has seen H1 sales fall by 17% to £30.3m, down from £36.9m the prior year, after first quarter sales…

Read More »

BoE cuts interest rates for first time in 4 years

The Bank of England (BoE) has cut interest rates for the first time in four years, with the rate falling…

Read More »

The Perfume Shop profits fall despite rise in revenues

The Perfume Shop has reported a fall in profits from £23.7m to £21.4m despite a 4.6% rise in revenues to…

Read More »

UK economy beats expectations as GDP jumps 0.4%

UK gross domestic product (GDP) beat expectations in May, increasing 0.4%, as a result of better weather, according to data…

Read More »

Today’s news in brief-21/6/24

UK retail sales saw a notable increase of 2.9% in May 2024, reversing a 1.8% decline in April. According to…

Read More »