H&M attributes the sales decline to the September sun.

Creative Media NewsThursday, 28 September 2023, 22:000

High Street fashion retailer H&M has issued a warning about declining sales due to warm weather in September, which has dampened demand for autumn apparel. Because of the “unusually scorching weather in several of the company’s European markets,” the Swedish corporation anticipates a 10 percent decline in sales compared to the same month last year....

The tools of the stock picker’s trade – and how to use them

Creative Media NewsTuesday, 26 September 2023, 8:000

Access to information stands at the core of successful investments. What you understand and when you learn it about a potential investment holds immense significance. Your prosperity closely correlates with data quality and your skill in analyzing and interpreting it. In any venture, several tools can be employed to significantly enhance the chances of success....

Government lowers rental homes EPCs, hurting landlords and tenants.

Creative Media NewsSunday, 24 September 2023, 12:000

In a surprising move, the government has abandoned its plans to impose strict EPC (Energy Performance Certificate) regulations on rental properties. Rishi Sunak, in a recent announcement, revealed that several green policies, including the minimum EPC standards for rental homes, would be “softened.” For years, landlords had been anxious about the potential legislation that would...

HMRC Increases Compliance Staff and Targets Inheritance Tax Errors

Creative Media NewsSaturday, 23 September 2023, 10:000

Her Majesty’s Revenue and Customs (HMRC) has taken steps to bolster its compliance division, aiming to reverse a sharp decline in tax revenue. Recent data indicates that HMRC has hired over 3,000 additional personnel for its compliance department since the 2021/22 financial year. However, experts warn that this may not significantly benefit business owners. A...

Heineken acquires Ellie Goulding’s can cocktail stake

Creative Media NewsMonday, 18 September 2023, 14:000

Heineken has acquired a minority stake in the cocktail-in-a-can brand owned by Ellie Goulding. Served, which was founded in 2020 by the British singer alongside the entrepreneur siblings Dean and Ryan Ginsberg, produces premade mojitos, pina coladas, and alcoholic sparkling water Hard Seltzer for approximately £3 per can. Served said the Dutch brewing major deal...

London Fashion Week: Luxury Stocks Do Better Than High Street Brands

Creative Media NewsSaturday, 16 September 2023, 14:000

London Fashion Week begins this Friday and continues through Tuesday, September 19; however, which top brands are best positioned to keep your portfolio looking chic? In the last five years, luxury fashion equities have generated returns that are more than four times those of their high street counterparts, according to an analysis by the trading...

Change driving tests to prepare for self-driving cars, say MPs.

Creative Media NewsSaturday, 16 September 2023, 2:000

One report by MPs warns that driving tests must be changed to allow autonomous vehicles. The report by the Transport Committee of the House of Commons urges the Government to introduce new laws establishing a robust framework for autonomous vehicles. It was stated that the driving test will shortly need to be modified to reflect...

Barkby shares up 150% as AIM firm considers sleep sciences sale

Creative Media NewsTuesday, 12 September 2023, 10:000

Barkby Group shares more than doubled in value on Monday after it disclosed the potential sale of a sleep technology developer, in a possible deal worth tens of millions. The AIM-listed company informed investors that it was “exploring options to maximize shareholder value” from Cambridge Sleep Sciences (CSS), a company that manufactures products to improve...

TSB customers can win £10,000 in new draw.

Creative Media NewsTuesday, 12 September 2023, 0:000

Customers of TSB have the opportunity to win £10,000 in a prize draw celebrating the bank’s 10th anniversary. All eligible TSB customers will be automatically entered to win one of ten £10,000 rewards. To be eligible, consumers must be at least 18 years old, reside in the United Kingdom, and have an active TSB account....

Bestinvest gives away £1k cashback on transfers

Creative Media NewsSunday, 10 September 2023, 0:000

The online investment platform Bestinvest is offering up to £1,000 in compensation for new account transfers. Customers, both new and existing, can receive a cashback amount proportional to the size of the transferred investment accounts and the minimal six-month investment duration. Those who relocate accounts worth £1000 are eligible for £100 cashback, an increase of...

Lotus unveils the Emeya ‘super GT’ electric car.

Creative Media NewsSaturday, 9 September 2023, 20:000

“Simplify, then add levity” This was a famous quote from Lotus founder Colin Chapman, who founded the renowned British company in 1948. But 75 years later, with the sports car brand now majority-owned by the Chinese Zhejiang Geely Holding Group. It is embarking on a very different path as an electric vehicle manufacturer. Today, it...

Berkeley says it will profit despite 35% lower reservations.

Creative Media NewsFriday, 8 September 2023, 22:000

Berkeley Group has maintained its annual profit forecast despite the recent decline in the value of property reservations. The blue-chip listed homebuilder anticipates pre-tax profits of at least £1.05 billion for this and the following year, compared to £604 million for the year ending April 2023. Berkeley informed investors on Friday that weaker trading conditions...

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