Browsing: inflationary pressures

The UK division of Abercrombie & Fitch and Hollister has achieved impressive financial growth despite challenging economic conditions.In the 12…

McDonald’s UK operations have faced significant financial challenges recently.Pre-tax profit for 2023 dropped to £66.3m from £170.8m in 2022.Despite profit…

Hobbycraft has announced a considerable decline in profits, despite notable sales growth and improved margins.The company’s profits plunged by 80%,…

Amid changing consumer habits, PepsiCo revises its sales growth forecast amidst economic challenges.The projection shifts from an anticipated 4% growth…

The British Retail Consortium (BRC) reported a continued decline in clothing and footwear prices for the seventh consecutive month in…

UK manufacturing achieves its fastest growth in almost two years.Factory output reaches PMI score of 51.2, surpassing the growth-contraction threshold,…

Daylesford Organic, owned by Lady Bamford, has reported a £3.6 million loss in the latest financial year, citing inflationary pressures…

In the past year, the UK has witnessed a significant surge in insolvencies among food and drink companies, highlighting financial…

Alcohol taxation will now be determined by the strength of the drink as part of new government regulations.Drinks under 3.5%…