Aldi has plans to open 500 more supermarket stores in Britain

Aldi has plans to open 500 more supermarket stores in Britain German supermarket opened its 1,000th UK store in Woking A year ago, Aldi surpassed Morrisons to become Britain’s fourth-largest grocer Two-thirds of Britons now shop at Aldi, according to research agency Kantar By Harry Wise Updated: 17:13 BST, 7 September 2023 Aldi has revealed an … Read more

YouGov insists it’s not abandoning London after boss hints at US listing

YouGov insists it’s not abandoning London after boss hints at US listing By Daily Mail City & Finance Reporter Published: 21:50 BST, 14 August 2023 | Updated: 10:41 BST, 15 August 2023 YouGov has insisted it is not abandoning London after its boss suggested it could be eyeing a US listing. Co-founder and chairman Stephan … Read more

Beyond Meat sales plunge as demand for plant alternatives fades

Beyond Meat sales plunge as demand for plant alternatives fades Reported revenue was down by 30.5% year-to-year at $102.1m from April to June  California-based company adjusted its full-year revenue forecast to $360-380m By Daniel Fessahaye Updated: 14:40 BST, 8 August 2023 Beyond Meat revenues collapsed in the second quarter as demand for its plant-based burgers … Read more

Building materials firm SIG warns of ‘challenging’ market conditions

Building materials firm SIG warns of ‘challenging’ market conditions The Sheffield-based firm saw LFL revenues flatline in the first half of 2023  SIG has seen demand badly affected across the UK and European Union A slowdown is hitting the residential and commercial new-build market  By Harry Wise For This Is Money Updated: 13:58 BST, 8 … Read more

Turkey’s inflation rate nears 50% as its overheating economy puts consumers under strain

Turkey’s inflation rate nears 50% as its overheating economy puts consumers under strain By Daily Mail City & Finance Reporter Updated: 22:07 BST, 3 August 2023 While the Bank of England battles rising costs, Turkey is being ravaged by inflation. Inflation almost touched 50 per cent in July as an overheating economy put consumers under … Read more

Engineer Weir Group boosts outlook as miners invest in sustainable tech

Engineer Weir Group boosts outlook as miners invest in sustainable tech Weir Group reported revenue from continuing operations grew by 16% Trading benefited from ‘strong demand’ for the firm’s mining equipment The Glasgow-based company’s statutory profits jumped by 37% to £126m By Harry Wise For This Is Money Updated: 11:10 BST, 2 August 2023 Weir … Read more

MARKET REPORT: Housebuilders on road to recovery as prices rise

Housebuilders made gains amid hopes that the property market was on the road to recovery. Following seven consecutive falls, data from building society Nationwide showed that UK house prices increased in April. Prices rose 0.5 per cent last month while analysts had expected a 0.4 per cent decline. The property market took a hit last September … Read more