Evoke: Revenue ticks up as group expects momentum to build through 2025 April 25, 2025 Betting and gaming company Evoke has reported a slight uptick in revenue and said it expects a return to stronger growth from the second quarter onwards. Revenue was £437m in the first quarter of 2025, in line with guidance and up one per cent year on year. UK revenue dipped one per cent, with three per [...]
Consumer confidence drops as inflation fears mount April 25, 2025 Brits’ confidence about their own finances, as well as those of the Treasury, has dipped as geopolitical uncertainty mounts. GfK’s long-running confidence index dropped by four points to -23 in April, driven by an eight-point drop in how Brits see the economy and a four-point drop in how Brits see their own finances. The findings [...]
As retail crime soars, is better tech the answer? April 24, 2025 Retail crime has soared by a fifth year-on-year, with retailers now questioning how to deal with extremely high shrinkage amid already-thin margins. Shoplifting offences rose by 20 per cent to 516,971 offences in December, up from 429,873 offences last year, according to the Office for National Statistics. The effect is a whole lot of shrink. [...]
London house prices fall fuels sales surge April 24, 2025 Sales of prime central London housing jumped up during the first three months of 2025 as prices fell amid the ongoing global uncertainty. Residential sales activity in the first quarter rose 12 per cent compared to 2024, according to new research from global property advisor JLL. “There are clear signs of renewed confidence across prime [...]
Domino’s: Pizza chain reports order growth and expects ‘minimal’ tariff impact April 24, 2025 Domino’s has reported order growth ahead of the market and said it does not expect Trump tariffs to impact the business. Its share price dipped by just over one per cent in early trades. Total sales rose 2.1 per cent to £393.3m in the first quarter of 2025, from £385.2m in 2024, while total orders [...]
Asos: Losses narrow as e-commerce giant drives turnaround April 24, 2025 Struggling ecommerce giant Asos has reported reduced losses as its turnaround plan begins to take shape. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) moved into positive territory at £42.5m in the 26 weeks to March 2, from a loss of £16.3m last year. Its share price dipped by nearly two per cent in [...]
Unilever turnover dips as turnaround fails to gain pace April 24, 2025 Unilever has reported a dip in turnover despite a year-long turnaround plan aimed at revitalising the business. Turnover at the consumer goods giant fell 0.9 per cent year year to €14.8bn (£12.65bn) in the first quarter of 2025. This was driven by slumps in personal and home care products, which fell by 4.4 per cent [...]
Threat of global trade war pulls down Brits’ economic confidence April 24, 2025 Consumer confidence in the UK has taken a steep tack downward thanks to the emerging trade war between the US and the rest of the world. Consumer expectations over the next three months on the state of the economy dropped significantly to -48 in April, down from -35 in March, according to the British Retail Consortium. [...]
City broker upgrades Boohoo shares to ‘Hold’ April 23, 2025 City broker Shore Capital has upgraded fast-fashion retailer Boohoo, now trading as Debenhams, from a ‘Sell’ to a ‘Hold’ in light of its falling share price. Boohoo’s share price has dropped by more than a third since last November, after a series of poor trading updates and a public spat with Mike Ashley. Shore Capital [...]
Paypal to open major office in London landmark April 23, 2025 Electronic payments giant Paypal has signed up to become the first occupier of a redeveloped office building on London’s Southbank. Paypal has agreed a lease for 40,000 sqft on the top floor of the building, a newly revamped Grade II-listed structure next to the National Theatre. Overall, the building will provide another 300,000 sqft of [...]
