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02.08.2022 - 09:23
Business
Evening Standard
Direct Line premiums set to be hiked due to repairs and parts issues
Motorists experiencing the most savage cost of living crisis in recent memory are about to be hit hard as top three UK insurer Direct Line said it would increase premiums by a potential 10%.CEO Penny James said that the and that insurance premiums “need to reflect” issues from supply chain problems as a result of the …
02.08.2022 - 09:18
Business
Business Live
Recycled furniture maker invests £290,000 at Exeter facility and creates jobs
An Exeter recycling firm is set to increase production of its plastic garden furniture range after making a £290,000 investment in new machinery at its HQ on Marsh Barton. The move at DCW will up production of its furniture range that is made entirely from scrap plastics by 400% and create a further eight jobs. …
02.08.2022 - 08:59
Business
Evening Standard
Greggs on a roll but Domino’s loses out as delivery sales fade
Two of Britain’s most popular food brands reported mixed fortunes today as the end of Covid restrictions brought an end of the pandemic takeaway boomHigh Street baker Greggs was on roll with rocketing sales while Domino’s Pizza lost a slice of the action as revenues dipped after lockdowns ended.Sales at the steak bake maker climbed …
02.08.2022 - 08:59
Business
Evening Standard
Greggs on a roll but Domino’s loses out as delivery sales fade
Two of Britain’s most popular food brands reported mixed fortunes today as the end of Covid restrictions brought an end of the pandemic takeaway boomHigh Street baker Greggs was on roll with rocketing sales while Domino’s Pizza lost a slice of the action as revenues dipped after lockdowns ended.Sales at the steak bake maker climbed …
02.08.2022 - 08:06
Business
Sky News
Greggs sees sales jump 27.1% as shoppers seek cheaper meals
Greggs has seen sales jump by 27.1% in the first half of the year as customers turn to cheaper meals during the cost of living crisis.Sales in the 26 weeks to 2 July were £694.5m compared to £546.2m a year earlier, but profits remained flat – £55.8m compared to £55.5m last year, due to the …
02.08.2022 - 07:55
Business
Evening Standard
Irn Bru maker AG Barr results fizz from British summer weather boost
AG Barr the Scottish business that houses brands including the iconic Irn Bru and Momo porridge has cited the “exceptional British summer weather” as adding a boost in revenues in its half year results.The soft drinks manufacturer said revenue for the 26 weeks ended 31 July is expected to be £157 million a 9% hike …
02.08.2022 - 07:55
Business
Evening Standard
Irn Bru maker AG Barr results fizz from British summer weather boost
AG Barr the Scottish business that houses brands including the iconic Irn Bru and Momo porridge has cited the “exceptional British summer weather” as adding a boost in revenues in its half year results.The soft drinks manufacturer said revenue for the 26 weeks ended 31 July is expected to be £157 million a 9% hike …
02.08.2022 - 06:14
Business
Sky News
House prices continue to rise – up for the 12th month in a row
Annual house price growth in the UK accelerated to 11% in July, slightly up from the 10.7% seen in June, according to new figures.House prices increased by 0.1% month-on-month – the 12th consecutive monthly increase – according to Nationwide Building Society. The average house price in July reached £271,209.Robert Gardner, Nationwide’s chief economist, said the …
02.08.2022 - 05:23
Business
Sky News
BP reports second-quarter profit of £6.9bn – highest in 14 years
BP has reported a second-quarter profit of £6.9bn ($8.45bn) – its highest in 14 years – at a time when consumer fuel prices have been at record highs.BP’s underlying replacement cost profit, the company’s definition of net earnings, was the strongest since 2008 and far exceeded analysts’ expectations of £5.6bn ($6.8bn). That compares to a …
02.08.2022 - 01:14
Business
Sky News
BA stops selling new tickets for short-haul flights from Heathrow – as European airport extends capacity cap
British Airways has suspended selling short-haul flights from Heathrow for at least a week – as another European airport announced it was extending a cap on passenger numbers.The decision to stop new bookings on domestic and European services until and including Monday is to comply with Heathrow’s cap on passenger numbers, BA confirmed. In a …
02.08.2022 - 01:14
Business
Sky News
BA stops selling new tickets for short-haul flights from Heathrow until 15 August – as European airport extends capacity cap
British Airways has suspended selling short-haul flights from Heathrow for at least a fortnight, Sky News understands, as another European airport announced it was extending a cap on passenger numbers.The decision to stop new bookings on domestic and European services until 15th August is to comply with Heathrow’s cap on passenger numbers. It is further …
01.08.2022 - 13:12
Business
Sky News
Sorrell turns to former colleague Day to rebuild investor faith
Sir Martin Sorrell is turning to a former boardroom colleague to help rebuild investor confidence in S4 Capital, the marketing services empire he began constructing four years ago.Sky News has learnt that Colin Day, who was a non-executive director at WPP Group and had stints as the finance chief of Aegis Group and Reckitt Benckiser, …
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