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Evening Standard
Women’s retailer Quiz boosts revenues but warns on consumer spend
Women’s fashion retailer Quiz has warned of “uncertain” times ahead for retail as cost of living pressures hit consumer disposable income in the run up to the key festive period.The group that has more than 60 stores in the UK delivered a 37.2% rise in revenue for the six months to September and said that …
Business
Sky News
More mortgages now on offer – but interest rates continue to rise
Mortgages continued to become more expensive despite the number of products on the market gradually increasing. The average mortgage interest rate on a two-year fixed term mortgage is now 6.3%, according to data compiled by financial information company Moneyfacts. A similar rise has taken place in the average five year fixed term mortgage, which has …
Business
Sky News
Chancellor brings forward his debt plan
Chancellor Kwasi Kwarteng’s debt-cutting plan will be published on 31 October – three weeks earlier than planned – alongside an independent economic forecast, the Treasury has confirmed.Both the publication of the medium-term financial plan and the forecast by the Office for Budget Responsibility (OBR) had been due on 23 November, but the chancellor has bowed …
Business
Evening Standard
Hollywood Bowl defies hospitality sector woes with cheap night out
Britain’s biggest ten pin bowing Hollywood Bowl has defied hospitality sector woes with bumper profits on the back of its cheap night out appeal.The company posted revenues of £185 million for the year to 30 September, up 42% on pre-pandemic levels, with earnings up 40% to £38 million, ahead of analyst expectations.The firm will open …
Business
Evening Standard
Bank of England doubles down on bond deals as Chancellor Kwasi Kwarteng heads to IMF
B THE ank of England doubled down on its emergency bond buying scheme today, saying it would purchase up to £10 billion a day.That’s up from £5 billion previously and comes as the scheme enters its final week.Some in the market fear the gilts market will collapse again threatening pension funds once the Bank withdraws …
Business
Evening Standard
Hollywood Bowl earnings beat targets amid ‘resilient’ customer demand
Hollywood Bowl Group said earnings for the past year have surpassed targets after the firm witnessed “resilient customer demand” following the easing of pandemic restrictions.The UK’s largest ten-pin bowling operator told shareholders that earnings jumped 40% for the year to September, against pre-pandemic levels.It came as the group posted revenues of £184.9 million for the …
Press Release
Pressat
Enex Technologies Exhibits at Chillventa 2022; Announces Acquisitions of Samifi France and Morgana
FOR IMMEDIATE RELEASE Enex Technologies Exhibits at Chillventa 2022; Announces Acquisitions of Samifi France and Morgana Company’s Arctic, Enex, Samifi France, Kobol, Morgana and Roen Est Business Units Exhibit Together Under One Banner for the First Time HALL 7-210 Nürnberg, GERMANY, October 10, 2022 – Enex Technologies, a transformative world leader in natural and energy …
Business
Sky News
Decision on whether to raise benefits in line with inflation expected in November
Liz Truss is expected to make a decision on whether to uprate benefits in line with inflation in November, a department for work and pensions minister has said.Victoria Prentis told Sky News that “no decision has been taken about the uprating of benefits” but that she is sure that the government will “make that decision …
Business
Sky News
Bank of England doubles the potential value of daily government bond purchases
The Bank of England has announced it is doubling the value of UK government bonds it can buy up as it enters the final days of its emergency bond buying programme in an effort to support the pension market and allay fears of a cliff edge ending. The Bank has said it is ready to …
Business
Sky News
Long-dated bond yields rise as Bank of England doubles potential value of daily gilt purchases
The Bank of England has announced it is doubling the value of UK government bonds it can buy up as it enters the final days of its emergency bond buying programme in an effort to support the pension market and allay fears of a cliff edge ending. The Bank said it was now ready to …
Business
Sky News
Work stress most common trigger of people experiencing ‘Sunday scaries’
Nearly one in seven Britons experience anxiety about the week ahead, dubbed the “Sunday scaries”, with work stress the most common trigger, according to new figures.Research by the Office for Health Improvement and Disparities also found 53% of people feel anxious about working in person, compared to 6% of people who feel anxious about working …
Business
Sky News
Former Wasps chief spearheads bid for stricken Premiership Rugby club
A former boss of crisis-hit Wasps is spearheading a takeover bid for the Premiership Rugby club that could save it from the threat of relegation or extinction.Sky News has learnt that David Armstrong, who stepped down as Wasps’ chief executive in 2017, is working with Terminum Capital, an investment firm, on a bid to buy …

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