Page 5 - Bars Group News Today

Revolution Bars has slashed its profit expectations for the year in the face of bar closures and cash strapped youngsters ditching night outs. 

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1 The London Underground will be largely closed next week after talks to prevent strikes collapsed. Members of the RMT union will walk out in protest at a 5 per cent pay offer, which it says

Revolution Bars Group is shutting one in ten of its venues as it seeks to reduce losses

European stocks fell on Friday and eyed their first weekly loss in eight as investors awaited euro area consumer and producer inflation reports as well as U.S. non-farm payrolls data later in the day for important clues as to whether the European Central Bank and the Federal Reserve would cut interest rates this year.

Revolution Bars Group PLC on Friday said it will close eight of its least profitable bars, as its younger customer base suffers disproportionately from the UKs cost-of-living crisis. Shares in...

Stocks in London are expected to head lower at Fridays market open, as the year-end optimism about US rate cuts ebbs ahead of crucial economic data. Investors were considering Thursdays US jobs...

U.K. stocks traded lower on Friday amid much uncertainty about the Federal Reserve's rate path. Meanwhile, U.K. house prices increased for the third successive month in December, largely reflecting a shortage of properties, while they are expected to slump this year, the results of a survey by the Lloyds Bank subsidiary Halifax and S&P Global showed earlier today.

Revolution Bars Group saw like-for-like (lfl) sales for the festive month rise by 9% – which is its best December trading since 2019.