Poundland plans to close up to 68 stores in 2025 following financial difficulties and restructuring.
UK retail stocks, including major names like Associated British Foods (Primark) and Kingfisher, experienced a sell-off following a bearish note from Deutsche Bank about a slowdown in discretionary spending.
Timber and materials distributor James Latham has reported a rise in revenue, citing strong demand for timber products.
OSB Group PLC has increased its dividend and backed its guidance, but reported a 20% drop in first-half profit.
UK inflation has unexpectedly accelerated to 3.8% in July, primarily driven by rising food, fuel, and airfare costs.
UK inflation has unexpectedly accelerated to 3.8% in July, primarily driven by rising food, fuel, and airfare costs.
The FTSE 100 index reached a new closing high, boosted by hopes of a resolution to the Russia-Ukraine conflict and strong performance from retailers.
Despite earlier predictions of a fall, UK households are now being warned that their energy bills are expected to rise from October.
Nanoco Group has stated that it expects to exceed market forecasts for revenue, a positive signal for the London-listed technology company.
Revolution Beauty has issued a profit warning, stating that its adjusted EBITDA will be lower than expected after a revision to its stock provisions.
Revolution Beauty has issued a profit warning, stating that its adjusted EBITDA for the last financial year will be significantly lower than initially forecast.
Fast-fashion company Shein is reportedly exploring a listing in Hong Kong as its London IPO plans face significant political and regulatory scrutiny.
Fast-fashion company Shein is reportedly exploring a listing in Hong Kong, as its plans for a potential London IPO face significant regulatory and political challenges.
London stocks rose on hopes that a diplomatic solution to the Russia-Ukraine war is on the horizon, boosting investor confidence.
Shares in JD Sports surged after Deutsche Bank raised its price target on the stock, citing the company's strong performance and growth potential.
An analysis suggests that Asda is struggling and 'misfiring' in the ongoing price competition among UK supermarkets, losing ground to its rivals.
Recent market data shows that the discounter supermarket Lidl is closing in on Morrisons, threatening to displace it as the UK's fifth-biggest supermarket.
A new survey reveals that tenants in England are spending an 'unaffordable' 36% of their income on rent, highlighting the country's severe housing affordability crisis.
The average asking price for a UK property has fallen by 1.3% in August, as sellers price their homes more competitively during a typical summer dip.
Recent market data shows that the discounter supermarket Lidl is closing in on Morrisons, threatening to displace it as the UK's fifth-biggest supermarket.
Construction giant Balfour Beatty has reported a lift in profits and is optimistic about a boost from its UK construction projects.
New data reveals a 'heartbreaking' trend with more than 200 pubs across the UK closing their doors in just the last six months, highlighting the severe challenges facing the hospitality sector.
Construction and infrastructure giant Balfour Beatty has reported a lift in its profits, citing a strong performance from its UK-based construction and infrastructure projects.
Property firm British Land has reported strong occupancy rates in its retail parks, a positive sign for the company and the broader retail sector.
Mike Ashley, the founder of Boohoo, has reportedly called for a formal investigation into a debt collection agency, reigniting a long-running dispute.
The chairman of fast-fashion giant Shein has reiterated the company's desire to become a publicly listed company, even as its IPO plans face scrutiny.
The UK's largest independent toy retailer has announced plans to hand over ownership of the company to its employees.
Travel giant Tui has reported a jump in profits, defying the challenges of extreme heatwaves and the ongoing conflict in the Middle East.
Homebuilder Persimmon has sold more homes but has warned that high mortgage costs are still a 'barrier' to buyers.
UK homebuilder Bellway has warned that its ability to meet housing demand is being hindered by 'frustrating' planning delays from local councils.
