UK retail sales dropped during December, despite expectations of a Christmas bounce as consumers pulled back on spending. In a worrying sign for the economy, retail sales fell 0.3 per cent in December. Analysts had pencilled in growth of 0.4 per cent. November’s retail sales growth was also revised down by the Office for National [...]
Ad giant M&C Saatchi reported solid revenue growth for the financial year, as its transformation strategy began taking shape. The company told markets this morning that full year revenue grew by 3.5 per cent on a like-for-like basis, to approximately £243m. According to Friday’s trading update, the firm maintained its first half momentum of ‘significant [...]
Telecoms providers must set out upfront price rises that will apply to customer contracts to protect consumers from uncertain and volatile inflation. From today, Ofcom will require any price rises linked to future inflation to be clearly written into a customer’s contract at the point of sale. Many leading phone, TV and broadband firms already [...]