Category: News

The boss of Young’s Pubs has said the company is making contingency plans for a hard Brexit“It was very good news for business, the news business has been waiting for,” he said.
But he said the resignation of Brexit secretary Dominic Raab makes a Brexit deal look “less likely”.
Young’s, which on Thursday unveiled solid sales growth in the first half, has put contingency plans in place in case of a no-deal scenario, such as turning to new world wines if there is disruption to supply from the EU.
Mr Dardis said the group would also support its staff, 38% of whom are from the EU.
The Brexit Secretary’s shock resignation was described as a big blow for business (Stefan Rousseau/PA)“We’re doing everything we can to help them understand the status that they will have, and if there are forms that need ..

The average cost of petrol at UK filling stations dropped by just over 1p per litre in the past week to £1.29.

Aston Martin Lagonda has seen shares remain under pressure despite upping its sales outlook in its first set of results as a listed company.

Retail sales fell by 0.5% in October compared with the previous month, the Office for National Statistics said.

Cineworld’s US business helped to offset sluggish growth in the UK in the year so far as the cinema giant posted a rise in revenue.
Total group revenue was 11.6% higher between January 1 and November 11, with a string of popular film releases bringing customers to the cinema.
The group completed its acquisition of American chain Regal in March.
The merger made Cineworld the second-largest cinema company in the world by number of screens, and expanded its footprint in the US which now accounts for 75% of revenue.
9,526 screens789 cinemas In its financial statements, Cineworld calculated performance as though Regal had been part of the company since January 1 2017 to show underlying growth.
Comparative figures are therefore based on the combined performance of Cineworld and Regal in 2017.
Box office revenue was 12.4% higher in the US, supported by the success of Black Panther and Avengers: Infinity War.
Cineworld said management was still reviewing further opportunities for cost benefit..

The British economy could take a hit of up to 8% if there is no Brexit deal, the International Monetary Fund (IMF) has warned.

Four more House of Fraser stores are set to close after new owners Sports Direct failed to reach an agreement with the landlord.

A claim that drivers at taxi giant Addison Lee are workers, not self-employed, has been upheld by the Employment Appeal Tribunal (EAT), in another “huge win” for workers’ rights.

Simply Be owner N Brown has warned that its costs will be higher in the coming years after a “disappointing” ruling in its long-running dispute with the taxman.

New chief executive Nick Read wants to cut European and central operating costs by at least 1.2 billion euros (£1 billion) by 2021.

One in seven people is not getting the most out of apps due to a lack of confidence and knowledge about how they work, a survey suggests.

Britain’s lost opportunity: New research reveals more businesses would be launched if people could find someone to do it with

Women are increasingly becoming the job creators and growth drivers in the UK, according to new research from the Federation of Small Businesses (FSB).

The private rented sector is not meeting the housing needs of people with vulnerabilities and debt problems, according to a charity.