Luxury fashion brand Mulberry has announced a significant restructuring plan after reporting a 19% drop in group revenues to £56.1 million for the six months ending 28 September. Newly appointed CEO Andrea Baldo revealed that 85 roles—approximately a quarter of the company’s 350-strong workforce—have been cut as part of efforts to “rebuild the business” amid […]
Category: Finance
The Governor of the Bank of England, Andrew Bailey, has cautioned that the recent increase in employers’ National Insurance contributions could create uncertainty over future interest rate cuts. Addressing MPs on the Treasury Select Committee, Bailey noted that while inflation has been falling faster than anticipated—prompting the Monetary Policy Committee (MPC) to reduce interest rates […]
Trust is an invaluable asset in business. It is the foundation upon which relationships are built, and it significantly influences customers’ decisions about whether or not to engage with your company. In an era where businesses face ever-increasing competition, trust is not just a nice-to-have; it is essential for growth and visibility. Google’s evolving algorithms […]
Gin and tonic has overtaken tea as the nation’s favourite drink, marking a significant shift in British consumer habits. A recent survey conducted as part of the sixth annual Bacardi Cocktail Trends Report found that 44% of Britons now opt for a G&T when meeting friends, narrowly surpassing the 41% who prefer a traditional cup […]
More than 70 of the UK’s largest retailers, including Tesco, Marks & Spencer, Boots, and B&Q, have warned Chancellor Rachel Reeves that her proposed hike in National Insurance will lead to unavoidable staff layoffs and store closures. In a letter seen by Business Matters, the retailers expressed deep concern over the “sheer scale” of new […]
France has launched a significant advertising campaign in the UK to attract businesses disillusioned by recent tax changes introduced in the UK’s Budget. The “Choose France” initiative has appeared in major UK newspapers, including full-page adverts in The Times and the FT, shortly after Labour’s Budget announcement at the end of October. One such advert […]
Google may be compelled to divest its Chrome internet browser after a federal judge ruled that the company holds an “illegal monopoly” over online search. The US Department of Justice (DoJ) is reportedly planning to ask Judge Amit P. Mehta to order Alphabet’s Google to sell Chrome, according to Bloomberg. Should the judge accept this […]
Thousands of farmers have staged a rally against the government’s proposed inheritance tax reforms, branding them a “betrayal” that threatens the future of family-owned farms. Tom Bradshaw, president of the National Farmers’ Union (NFU), received a standing ovation at Church House as he condemned the policy as “the straw which broke the camel’s back”. “To […]
However, if you’re looking to explore other enchanting locales that offer similar beauty and charm, you’re in luck! Here’s a list of the top seven stunning destinations like Santorini that you should consider for your next getaway. 1. Mykonos, Greece Mykonos is often considered Santorini’s vibrant sibling. Known for its lively nightlife, beautiful beaches, and […]
When dreaming of log cabins, you’ll probably visualize a wonderful small cottage in the middle of the woods, within which you can relax while warming up with cocoa and connecting with the natural world around you. But hold off till you have the opportunity to meet them. It’s Eurodita, the specialists in converting wood across […]