McDonald’s UK operations have faced a sharp decline in pre-tax profits, falling from £170.8m in 2022 to £66.3m in 2023, amidst economic challenges.Despite the profit drop,…
Browsing: inflationary pressures
Business confidence in the UK has seen a decline, according to recent findings.The ICAEW survey indicates concerns over potential tax increases affecting business morale.Confidence dropped from…
In a significant economic move, the Bank of England has reduced interest rates from 5.25% to 5%.This marks the first rate cut since the onset of…
Clarks is set to reduce more than 150 roles as it reports a financial downturn.Operating loss for Clarks stood at £20.3m for the year ending December…