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Business Live
North Wales town bucks high street trend with 50 businesses opening or expanding
Mold continues to go from strength to strength and buck national retail trends. The town centre has seen more than 50 businesses open or expand in the past two years. And as the area readies itself for the Christmas shopping season, town councillors are proudly reflecting on a vacancy rate of just 5.8% – far …
Business
Evening Standard
Halfords lifts profits outlook as CEO says bike retailer’s ‘strategic transformations are landing’
Halfords saw shares surge as much as 13% this morning after the bike retailer upgraded full-year profits forecasts and said its supply chain struggles are “beginning to ease”.The listed firm, which also sells car parts and does repairs, forecast underlying profits of £80 – £90 million, up from previous guidance of above £75 million. It …
Business
Business Live
Plan to reduce train emissions in North with battery trial on Transpennine route
Trains in the North could reduce their emissions if a trial to retrofit batteries proves successful. Transpennine Express is working with Hitachi Rail and Angel Trains to install battery technology trains used across the North with the aim of cutting carbon emissions by at least 20%. In the trial, Transpennine’s Nova 1 fleet of 19 …
Business
Evening Standard
Pay row looms at home furnishings retailer Dunelm
The chief executive of Dunelm is under pressure from a shareholder advisory group over his pay, which it dubs “excessive”.PIRC, the Pensions & Investment Research Consultants, is telling clients to vote against the retailer’s remuneration report at the next AGM.CEO Nick Wilkinson saw his pay this year quadruple to more than £4 million thanks to …
Business
Business Live
The huge impact of Bad Wolf on the Welsh economy
Independent television production firm Bad Wolf, which has brought recommissioned high profile productions to Wales like A Discovery of Witches and His Dark Materials, has generated more than £110m of gross value added (GVA) for the Welsh economy. In a major start-up inward investment coup for Wales, Bad Wolf established its HQ and studios in …
Business
Business Live
Videogame maker to create more than 1,000 jobs with new Manchester studio
An international independent videogame developer has announced plans to open a new Manchester base in 2022 and create more than 1,000 jobs in the next five years. Cloud Imperium Games will open a new development studio in Enterprise City in May 2022, creating more than 700 jobs in the area by 2023. Founded in 2012 …
Business
Business Live
Myton Law takes proud place in lauded list of UK’s finest firms
Hull-based Myton Law is celebrating its entrance into The Times’ 200 Best Law Firms list, barely a decade after launching. It is one of only four practices noted for maritime work in England and Wales, and joins fellow city firm Hudgell Solicitors in the rankings. Hudgell has retained its position from 2021 after a stellar …
Business
Euro News
DoorDash comes to Europe in €7 billion takeover of Finnish food delivery app Wolt
Business
Sky News
Bitter taste for Wetherspoons as COVID cautious older customers stay away
Wetherspoons has suffered a pandemic hangover as cautious older drinkers stay away from its pubs.The pub chain said sales in the 15 weeks to 7 November were 8.9% lower than pre-pandemic levels in 2019 with draught products that tend to be favoured by older clientele under pressure – traditional ales dropping by 30% and stout …
Business
Sky News
Mass legal action against Google blocked by Supreme Court
The Supreme Court has blocked a mass legal action against Google over claims that it secretly tracked millions of iPhone users’ web browsing activity while telling them that it did not.The court has unanimously allowed Google‘s appeal against the Court of Appeal’s 2019 judgement. The representative action on behalf of over four million people in …
Business
Evening Standard
JD Wetherspoons: Young drinkers turn to cocktails and vodka but ale sales tumble as older folk stay home
SALES of cocktails, vodka and rum have jumped at JD Wetherspoon, while ale and stout sales have plummeted in the last three months.Following a record annual loss reported last month, today the pub chain said sales in the quarter to November 7 were nearly 9% lower than the same period in 2019, pre-Covid.The company puts …
Business
Sky News
M&S hails turnaround as it returns to profit but sees supply chain and labour cost strains ahead
Marks & Spencer said its turnaround plan was starting to pay off as it returned to profit but warned of the impact of supply chain strains and higher labour costs over coming months. The retailer reported a profit of £187.3m for the six months to 2 October compared with a pandemic-induced loss of £87.6m a …

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