It told shareholders on Wednesday it has faced ‘cost headwinds’ after rises in taxes and labour costs last April.

The pub company reported that like-for-like sales grew by 4% over the 17 weeks to January 24.

Pubs and live music venues in England will benefit from 15% off their business rates bills from April.

It comes after warnings from the sector that changes from November’s autumn budget would lead to mass closures and job losses.

Pubs are expected to receive around £100 million a year until 2029 through additional financial support.

The firm saw shares dip in early trading as it said revenues were set to be broadly flat for the current year.

The Bradford-based supermarket group is locked in a dispute with the Union of Shop, Distributive and Allied Workers.

Data from NIQ showed that the hospitality sector saw 382 net closures – the equivalent of four each day – in the final three months of 2025.

It comes after a strong rally throughout last year which saw the value of the precious metal rise by more than 60%.

The speculation comes only three months after the US tech giant cut around 14,000 jobs.

Shares in the drinks firm dropped on Friday as a result.

The S&P Global flash UK composite purchasing managers’ index reported a reading of 53.9 in January, lifting from 51.4 in December.

Around 46,000 people had bought plans before the company collapsed, expecting a contribution towards future funeral costs.

Shares in the FTSE 250 retail group moved higher on Thursday morning as a result.

The Treasury’s office will see its annual bill decrease by £288,180 in the 2026-27 financial year, analysis has found.

Next bought the brand and three stores but did not snap up most of its sites, leaving their future uncertain.

Shares in the London-based fashion house lifted higher on Wednesday as a result.

Administrators confirmed that Next has bought the brand and certain other assets in a pre-pack insolvency deal.

The ONS said the average house price across the UK rose to £271,000 for the month, despite continued challenges in the housing market.

In November, Daily Mail and General Trust (DMGT) agreed to purchase the Telegraph from RedBird IMI.