The 90-year-old cosmetics giant behind Elizabeth Arden and Gatineau, Revlon, filed for bankruptcy in the US yesterday. The filing was made in the US Bankruptcy Court for the Southern District… The post Elizabeth Arden owner Revlon files for bankruptcy appeared first on London Business News | Londonlovesbusiness.com.
Food price rises in the UK could rise as much 15% this summer – the highest level in more than 20 years, according to a new report by grocery trade… The post UK food price rises could hit 15% over summer appeared first on London Business News | Londonlovesbusiness.com.
The number of people doing part-time and temporary work has hit its highest level since the early days of the pandemic1, according to new analysis by Indeed Flex, the online… The post Number of part-time and temp workers hits peak, soaring to 10m appeared first on London Business News | Londonlovesbusiness.com.
To some people it’s a great mystery how WH Smith continues to grow earnings at quite aclip. Messy stores, overpriced sweets, newspapers stored in fridges and useless trinkets that collect… The post WH Smith’s customers see through the chaos appeared first on London Business News | Londonlovesbusiness.com.
INEOS Phenol has today launched its first bio-attributed product line for phenol, acetone alphamethylstyrene (AMS). These products, made without using fossil fuels as feedstock, are to be sold under the… The post Jim Ratcliffe’s Ineos launches lower carbon bio product line appeared first on London Business News | Londonlovesbusiness.com.
German Doner Kebab (GDK) has joined forces with one of the UK’s top franchisees as it aims to further strengthen its position as the UK’s fastest-growing restaurant chain. Atul Pathak,… The post Biggest Mcdonald’s franchisee in UK sells out and joins GDK appeared first on London Business News | Londonlovesbusiness.com.
Hedge funds fell for a second consecutive month in May with a return of -0.4%, dragging year-to-date returns further into the red at -1.4%. A steeper than expected rise in… The post Hedge funds fell for a second consecutive month appeared first on London Business News | Londonlovesbusiness.com.
A classic indicator of a disconnect between short-term concerns and longer-term opportunity is when non-equity investors start to buy the assets. This is clearly happening, with 10 bids for FTSE… The post Accelerating UK bid activity: tempting markets for long-term investors appeared first on London Business News | Londonlovesbusiness.com.
The S&P 500 is now in a bear market based on its year-to-date losses of 20%. The US stock market has generated a lot of wealth for investors over the… The post S&P 500 in bear market amid Fed fears appeared first on London Business News | Londonlovesbusiness.com.
Job vacancies rose to a record 1.3 million, according to labour data released by the ONS today. Unemployment stood at 3.8% while regular pay fell 2.2% in real terms –… The post Tight labour market to push interest rates higher appeared first on London Business News | Londonlovesbusiness.com.
