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Evening Standard
The Entertainer toy chain is coming to Tesco in time for Christmas
Retailers are preparing for what could be a difficult peak-sales season in the run up to Christmas 2022, but whatever the problems shoppers have with soaring inflation and the cost-of-living crisis, it is about to become easier to get hold of stocking fillers.The Entertainer, the Amersham-based toy seller, is opening 35 concessions in Tesco, the …
Business
Evening Standard
Trustpilot shares soar as consumers focus on brand reputation amid squeezed budgets
Shares in Trustpilot soared 22% to 76p this morning after the consumer review service posted a jump in revenues and sounded a note of optimism over sales prospects as consumers prioritise trusted brands amid tightening household budgets.“Trust is also a valuable commodity in times of financial constraint and we remain confident in our ability to …
Business
Business Live
Pub firm Liberation Group warns energy costs will double despite government support
Pub and brewery firm The Liberation Group has warned its energy costs are set to double “even with the support” announced by Prime Minister Liz Truss to help firms with their energy bills. The Jersey-based parent company of West Country brewery and pub brand Butcombe – which has a portfolio of more than 50 managed …
Business
Evening Standard
Fever-Tree shares fizz on revenue climb but still warns on margins
Shares in high-end tonic water brand Fever-Tree bubbled by 13% in early trading as it announced revenue boosts despite a dip in pre-tax profit and warning on margin pressures. Reporting its financial results for the six months to the end of June, the manufacturer of mixers for the discerning spirits drinker and markets darling, said that inflationary …
Business
Business Live
Huge expansion for one of Wales’ most successful exporters
One of Wales’s biggest export focused firms, Net World Sports, is tripling its warehouse and office capacity as it embarks on further expansion. The global provider of sports equipment is consolidating its current 130,000 sq ft of space across eight different locations with a new 411,000 sq ft facility in Wrexham. With support from Lloyds …
Business
Evening Standard
Truss plans ‘skew support’ to richest households, warns Resolution Foundation
Richer households will benefit more than poorer ones from Liz Truss’ energy bills freeze and “winter will still be tough for many” despite the policy, experts have warned.Analysis by the Resolution Foundation think tank, which focuses on raising living standards, said because higher-income households typically use more energy, the richest fifth may gain an average of …
Business
Evening Standard
Fever-Tree sees higher glass prices but revenue grows
Shares in high-end tonic water brand Fever-Tree bubbled by 13% in early trading as it announced revenue boosts despite a dip in pre-tax profit and warning on margin pressures. Reporting its financial results for the six months to the end of June, the manufacturer of mixers for the discerning spirits drinker and markets darling, said that inflationary …
Business
Sky News
Inflation weighing on Ocado and its customers
Ocado says more of its customers are buying fewer items and trading down to cheaper options as they try to navigate the cost of living crisis.The online supermarket revised its full-year outlook on Tuesday and now expects a small decline in sales as Britons try to cope with inflation, which hit 10.1% in July. Ocado …
Business
Business Live
BT Group takes huge new build office that completes Sheffield Digital Campus
BT Group is to take the final speculative office build at Sheffield Digital Campus. The 65,000 sq ft building, Endeavour, is being delivered by GMI Construction Group for developer Scarborough Group International. Work began in June last year, with practical completion scheduled for early 2023. BT is anticipated to take occupation later in the year. …
Business
Sky News
‘Urgent, substantial action’ needed to keep firms afloat during cost of living crisis, chancellor told
Hundreds of businesses are urging the chancellor to offer details about the support they’ll receive with their energy bills.The letter to Kwasi Kwarteng was signed by 300 companies and written by Kate Nicholls, the CEO of UK Hospitality. It reads: “We welcome the support that has been given to households – including our customers and …
Business
Sky News
Felixstowe port workers threaten a second eight-day strike in pay dispute
Workers at the UK’s largest container port will walk off the job for eight days starting later this month, as their pay dispute continues.Unite has said workers at Felixstowe will strike from 7am on Tuesday 27 September until 6.59am on Wednesday 5 October, in what will be their second eight-day strike this year. The union …
Business
Sky News
Unemployment falls to lowest level since 1974 but pay still lags behind inflation
Unemployment has fallen to its lowest level since 1974 – standing at 3.6% in the three months to July.The Office for National Statistics said the number of people in employment grew by 40,000 over this period, but this has not necessarily translated into higher wages. Regular pay, excluding bonuses, grew by 5.2% over the period, …

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