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Cost-of-living crisis prompting second-hand shopping to surge

As the rising cost-of-living crisis sees energy bills, fuel and food prices continue to climb, more UK consumers are turning to second-hand shopping and upcycling in order to make ends… The post Cost-of-living crisis prompting second-hand shopping to surge appeared first on London Business News | Londonlovesbusiness.com.

What the rising food prices mean for you

New ONS research, based on data for 30 everyday grocery items, shows that the lowest-priced items have increased in cost by around as much as average food and non-alcoholic drinks prices… The post What the rising food prices mean for you appeared first on London Business News | Londonlovesbusiness.com.

Iconic British menswear brand, TM Lewin, is ‘Back to Business’ following its official online relaunch

Announced just six weeks after the heritage brand secured a rescue deal with TM Lewin Shirtmaker Limited, the new TM Lewin eCommerce site showcases the brand’s initial spring/summer range, with… The post Iconic British menswear brand, TM Lewin, is ‘Back to Business’ following its official online relaunch appeared first on London Business News | Londonlovesbusiness.com.

Divers face ‘more financial frustration’ as petrol and diesel prices continue to hit record highs

The Department for Business, Energy and Industrial Strategy (BEIS) has warned on Tuesday that the average price of a litre of petrol at UK forecourts was 167.7p on Monday, which… The post Divers face ‘more financial frustration’ as petrol and diesel prices continue to hit record highs appeared first on London Business News | Londonlovesbusiness.com.

Kingfisher Group announce expansion of Screwfix and posts ‘resilient’ trading

B&Q’s parent company Kingfisher have reported that their product availability is now “close to normal levels and trading has been “resilient.” Kingfisher who also owns the Screwfix brand are in… The post Kingfisher Group announce expansion of Screwfix and posts ‘resilient’ trading appeared first on London Business News | Londonlovesbusiness.com.

Retailers warn supply chain costs will not return to pre-crisis levels

A new study from UK law firm TLT reveals that 87% of retailers do not believe things will go back to how they were before the global supply chain crisis… The post Retailers warn supply chain costs will not return to pre-crisis levels appeared first on London Business News | Londonlovesbusiness.com.

Easter surprise: Retail sales jump in April as shoppers comfort themselves with chocs, booze and cigs

Shoppers parked their financial problems in April, says the home delivery expert ParcelHero, to spend money on Easter chocolates, ‘baccy and alcohol.’ The Office for National Statistics (ONS) retail sales… The post Easter surprise: Retail sales jump in April as shoppers comfort themselves with chocs, booze and cigs appeared first on London Business News |…

UK markets stand firm as positive retail sales surprise lifts ASOS and Boohoo

Investors may feel as if they’ve been soaked by a torrential shower given the state of the markets this year. Look closer and it’s clear that the FTSE 100 is… The post UK markets stand firm as positive retail sales surprise lifts ASOS and Boohoo appeared first on London Business News | Londonlovesbusiness.com.

Target triggers retail rout and sends stocks tumbling

After the Walmart wobble on Tuesday, Target struck terror into the hearts of the US retail sector and was a big contributing factor behind the worst day for US markets… The post Target triggers retail rout and sends stocks tumbling appeared first on London Business News | Londonlovesbusiness.com.

Watches of Switzerland show the rich are still spending

If you’ve relatively wealthy the current inflationary pressures seen around the world are unlikely to have changed your lifestyle. That’s evident in the latest updates from Burberry and Watches of… The post Watches of Switzerland show the rich are still spending appeared first on London Business News | Londonlovesbusiness.com.

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