NewsIs Popeyes Set to Become The UK’s Next Fast Food Giant?
The UK has a fairly established fast food market. Estimates suggest that there are currently close to 26,000 eating outlets that declare themselves to predominantly focus on ‘fast food’. While there are thousands of independent outlets serving absolutely every type of cuisine you can possibly imagine, there are a few companies that have managed to […]Thorntons To Permanently Close Entire Retail Estate.
UK confectionary giant Thornton’s announced in mid-March that it will not be re-opening the doors on its 61 stores after the 12th April lifting of lockdown restrictions on non-essential retail stores goes into effect. In a statement, Thornton’s said; “Unfortunately, like many other retailers, the obstacles we have faced and continue to face on the […]Bond Sell Offs Trouble Global Markets
A mass sell-off, sparked by fears of high inflation, caused global stock markets to end February on a poor note as rising yields encourage investors to ditch stock. Anxiety across the financial markets prompted the sell-off in government bonds and caused the FTSE 100 index to fall by 2.5% with a drop of 168 points […]Deliveroo Reveals Plans For LSE Debut
Food delivery company Deliveroo has unveiled its plans to float on the London Stock Exchange in 2021, following an initial valuation between $7-10bn. With business sky-rocketing during the pandemic both through customers ordering and restaurants listing via the app, the company has committed itself to make the UK it’s long-term home with this listing. Value […]Shareholders Pressuring Supermarkets To Get Healthier
A pressure group of high profile investors, managing around £140bn worth of funds, have announced they will pressure the shareholders of Tesco, the biggest supermarket in the UK, to prioritise selling healthier food in its stores. ShareAction ShareAction, formed by backers from several wealth management companies, said in a statement that they plan to lobby […]Insurance Firms Told To Pay Out By Supreme Court
Small business owners across the UK are sighing with relief as The Supreme Court rules that insurers will have to pay out on business interruption claims. Many businesses which have been severely affected by the pandemic and subsequent restrictions will receive payouts soon. Supreme Court Verdict The case was brought to the Supreme Court by […]Novice Investors Battle Wall Street With GameStop
A collective attempt from novice investors to give financial market traders a taste of their own medicine has thrown Wall Street into turbulence. GameStop, a chain of stores selling video games and merchandise, has long been loss-making. However, seemingly out of nowhere, shares jumped from less than $20 to nearly $350 on Wednesday. Reddit Wave […]China’s Stock Markets In Shock Growth
China was the only major economy to grow in 2020, despite the impact of the coronavirus pandemic. Although economic growth was at the slowest rate for forty years, China still managed to grow by 2.3% GDP overall, helped by a growth of 6.5% in the final three months to boost the overall average. Mainland and Hong […]Dr Martens To Get Foot In The Stock Market Door
Iconic British footwear brand Dr Martens recently confirmed plans to float on the London market and become a publicly listed company after 60 years in business. In one of the first big IPO moves of 2021, the considered stock market listing will consist of a sale of shares currently held by private equity group Permira, […]2020 UK Car Sales: Lowest Demand For 30 Years
Sales of new cars in the UK last year dropped to their lowest point since 1992, according to a report from the Society of Motor Manufacturers and Traders (SMMT). The total sales of 1.63 million cars, with demand suppressed by COVID-19 and uncertainty of our future relationship with the EU, represents a tumble of 29 […]Older Posts