Browsing: inflationary pressures

Despite facing challenges, Hobbycraft’s revenue grows while profits decline sharply, influenced by external pressures.Hobbycraft reports an 80% drop in profits…

Fenwick, the independent department store chain, has recorded a pre-tax loss of £28.4 million for the year ending 26 January…

KP Snacks has seen a substantial rise in profits for 2023, reaching close to £100 million.The company navigated a significant…

Outdoor clothing brand Berghaus has reported a significant financial setback, recording a pre-tax loss for the sixth consecutive year. The…

Dulux owner AkzoNobel has announced a significant reduction in its workforce as part of a cost-cutting strategy. The restructuring plan,…

The pace of economic growth in the UK slowed in September, as concerns about the government’s upcoming budget weighed on…

Marlow Foods, the company behind the meat-free brand Quorn, has reported a significant pre-tax loss of £63.4m for 2023.This follows…

Private sector growth in the North West experienced a slowdown in July. Inflationary pressures remain a primary challenge.Despite robust confidence…

S&P Global’s latest data indicates a notable growth in the UK manufacturing sector, with a PMI of 52.1 in July.This…

Whole Foods Market in London is transforming its retail strategy as financial challenges mount, pivoting towards more budget-friendly products.The retailer…