Research published by law firm Weil Gotshal & Manges found that weaker spending power and issues in supply chains have weighed on the sector.
Business
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Business
Burberry sparks FTSE 100 sell-off amid consumer spending concerns
by News Roomby News RoomLuxury fashion house fell 18%, as part of a wider slump across London’s blue-chip index on Monday.
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Bailouts during the financial crisis left the Government with an 84% stake in the bank, but it has been selling that down in recent years.
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The RAC, which conducted the study, said some charges are ‘bordering on the ridiculous’.
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Business
Average price tag on a home fell by £1,617 month-on-month in July – Rightmove
by News Roomby News RoomThe price fall was bigger than usual for July, with the distractions of the General Election, sporting events and holidays, Rightmove said.
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Business
Manufacturing jobs in England fall while devolved nations see growth
by News Roomby News RoomA report by Make UK and BDO said pressure on finding skilled people is still ‘severe’ as 64,000 vacancies remain in the manufacturing sector.
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Business
Holidaymakers urged to consider accounts and cards that could help avoid fees
by News Roomby News Room* PASSWORD Must be at least 6 characters, include an upper and lower case character and a number Show * YEAR OF BIRTH You must be at least 18 years…
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Business
Market reforms could give Scots cheapest energy in Europe, says Octopus boss
by News Roomby News RoomGreg Jackson said regional pricing could reduce bills across the UK and give Scotland the cheapest electricity in Europe.
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A busy week for economic data will shed more light on the economy after inflation returned to the Bank’s 2% target in May.
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Business
Keywords Studios isn’t the only games business EQT has its eye on
by News Roomby News RoomIs EQT going on a bit of a games spending spree? This week, the Swedish private equity firm agreed to acquire London-listed video games developer and Fortnite outsourcer Keywords Studios in a…