Sunday , 28 December 2025

Recent Posts

UK consumer credit increases over spending

Bloomberg UK demand for unsecured debt stabilised last month while mortgage approvals increased, Bank of England figures show. While households have been tightening their belts this year as Brexit clouds the outlook, the June figures suggest consumers, the mainstay of economic growth, are still willing to spend. Retail sales unexpectedly surged after two months of declines, ONS figures showed. Mortgage …

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Primark seeks rent cuts after rival insolvencies

Bloomberg Primark is asking landlords to cut its rents in an attempt to compete with rivals that used insolvency proceedings to reduce costs and remain open, the Sunday Times reported, without saying where it got the information. The fast-fashion retailer is asking for cuts of as much as 30 percent on contracts with several years left in exchange for lease …

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Beyond Meat stock falls on plan to sell more shares

Bloomberg Beyond Meat Inc plummeted 11 percent on a plan by inside shareholders and the faux-meat company to sell more than 3 million shares, just three months after it went public. The transaction will let early investors such as Kleiner Perkins and Obvious Ventures and executives including Chief Executive Officer Ethan Brown take profits on a small portion of their …

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