Latest finance news
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NewsMothercare records a loss and plummeting sales
Mothercare has recorded a loss and falling sales in its first half as it drastically reduced its store count with its franchise partners.
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NewsFormer Waitrose boss named chief executive of Pets at Home
Pets at Home has appointed the former managing director of Waitrose as its new chief executive.
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NewsLK Bennett seeks out a buyer
Luxury fashion retailer LK Bennett is looking for a potential buyer and investor six years after being rescued from administration.
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NewsDune trading strongly following âpainfulâ period
Footwear and accessories retailer Dune has reported good trading in the autumn/winter period after a fall in sales and profits in its last financial year.
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NewsWHSmith admits âmuch to do to rebuild confidenceâ as profits fall
Travel retail specialist WHSmith has reported a slip in earnings after an accounting controversy in the US that cost its chief executive his job.
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News2025 âhas been a year of no progressâ for consumer confidence
Consumer confidence has risen by two points to -17 since November, according to GfKâs consumer confidence index, as overall results show stagnation from last year.
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NewsWaterstonesâ owner prepares for potential IPO next year
A flotation is on the cards next year for bookseller Waterstones and its US stablemate Barnes & Noble.
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NewsMamas & Papas posts record-breaking Black Friday sales
Early years retailer Mamas & Papas reported record sales during the Black Friday trading period.
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NewsAmazon in talks to invest $10bn in OpenAI
The worldâs largest online retailer would reportedly sell the ChatGPT developer chips and computing power as part of the proposed deal
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NewsCurrys grows revenue and profit despite higher UK costs
Currysâ earnings before interest and taxes (EBIT) dropped slightly in the UK, attributed to higher employment costs, but was offset by strong performance in its Nordics business.
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NewsConsumer confidence edges up but outlook 'remains gloomy'
Consumer confidence saw a slight uptick this month as the Budget wasnât as bad as expected, but the overall outlook is still gloomy, according to data from the BRC.
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NewsFrasers Group sells Matches
Frasers Group has sold Matches to the founders of members-only shopping app Mile, who will relaunch the luxury platform next year.
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NewsGreggs names ex-Tesco finance boss as non-exec
Greggs has named former Tesco finance director Richard Smothers as an independent non-executive director, effective February 1.
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NewsFrasers Group weighs up SilkFred bid
Frasers Group is considering placing a rescue bid for online marketplace SilkFred, which collapsed into administration in October.
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NewsNext in talks to strike a deal with Russell & Bromley
High street chain Next is in talks with advisers at Russell & Bromley about striking a potential deal.
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NewsCard Factory lowers profit guidance as low footfall persists
Card Factory has issued a trading update, revising its profit guidance as low footfall continues.
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NewsFrasers Group confirms Matches relaunch
Frasers Group is set to relaunch Matches next year, two years after it placed the luxury brands platform into administration.
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NewsProCook trims losses and makes âstrongâ start to Christmas trading
ProCook said it has âsignificantly outperformed the marketâ as it trimmed its half-year losses and reported a âstrongâ start to Christmas trading.
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NewsAnn Summers narrows losses and posts sales growth
Ann Summers narrowed its losses and achieved modest sales growth, according to its latest results filings.
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NewsAsda only supermarket to see sales slide ahead of Christmas
Asda was the only major supermarket to see its sales fall ahead of the crucial Christmas trading period.