United Kingdom

Sephora to make UK return

Cosmetic retailer Sephora is set to return to the United Kingdom. The retailer is first launching online on 17 October,…

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Retailers’ demands of the new PM

Liz Truss is fresh in her new role as prime minister with enough enthusiasm to tweet, “it’s time to deliver…

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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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Morrisons welcomes CMA’s green light for CD&R takeover

Morrisons welcomed the announcement today by the Competition and Markets Authority (CMA) that it has accepted the undertakings given by…

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BoE raises interest rates to highest level since 2009

The bank of England (BoE) has raised interest rates to its highest level since 2009 – marking the fourth time…

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Morrisons’ new owner to sell 87 petrol stations to complete £7bn deal

Morrisons’ new owner, Clayton, Dubilier and Rice Holdings LLC’s (CD&R), is set to sell 87 of its petrol stations to…

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Coca Cola Q1 revenues hit £8.37bn

The Coca-Cola Company has reported its revenues surged 16% to $10.5bn (£8.37bn) in the three months ended 1 April 2022…

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CD&R offers to sell petrol stations in bid to push through Morrisons deal

CD&R has offered to sell a number of its petrol forecourts in order to push through its £7bn acquisition of…

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The Sofa Workshop ceases trading

The Sofa Workshop has collapsed into administration and has appointed Toby Banfield, David Baxendale and Zelf Hussain of PwC as…

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BoE raises interest rates to 0.75%

The Bank of England has raised interest rates back to the pre-pandemic level of 0.75% as it tries to mitigate…

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