Browsing: inflation impact News
Recent data shows a slowdown in grocery sales across UK supermarkets, with Asda particularly affected.Shopper spending has decreased, despite slowing inflation, ahead of Christmas and Black…
The downfall of SL Transport highlights the severe impact of inflation on businesses, with an astounding loss of over £200,000.SL Transport commenced operations in 1991, providing…
A historic cladding firm recently faced collapse due to unresolved financial and legal pressures. This situation was exacerbated by a substantial claim related to work completed…
Great Bear Distribution, a prominent Chester-based logistics company, saw a significant reduction in pre-tax profit in 2023.The firm’s financial setback is attributed to various challenging market…
The CN100 index for 2024 paints a challenging picture for UK contractors, with turnover rising but profitability taking a significant hit across the board.Aggregate revenue among…
Galliford Try has been appointed as the new contractor for the significant Banwell Bypass project in Somerset, previously held by Alun Griffiths.The bypass aims to construct…
Amid stabilising employee numbers, UK employers are moderating salary budgets for 2024.Nearly half of UK organisations report lower salary budgets for the upcoming cycle compared to…
The 2023 CN Specialists Index highlights the significant growth among the top 10 ground engineering contractors despite economic challenges.Total revenue increased by 29% compared to the…
The UK’s steel contracting industry is navigating a challenging landscape impacted by inflation and COVID-19.Severfield leads in profit despite revenue declines, showing significant growth in its…
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