finance

Velorution partners with Newpay for 0% financing

Electric and urban cycling specialist Velorution has partnered with Newpay. Newpay is a digital credit account that spreads the cost…

1 year ago

Halfords upgrades FY22 profit guidance to £80m-£90m

Halfords has announced its interim results for the FY22, upgrading its full year profits to £80m-£90m. The retailer saw strong…

2 years ago

Treasury launches consultation on BNPL regulation

Using non-regulated Buy Now Pay Later (BNPL) services can be like “slipping into quicksand”, a charity has warned, with the…

2 years ago

FCA fees ‘penalise independent businesses’

The FCA recently announced increases in its base rate fees that will have an 'unfavourable effect', particularly on smaller independent…

2 years ago

Thule Group presents new long-term financial goals and sustainability ambitions

The Thule Group has presented new long-term financial goals and sustainability ambitions, in connection with its presentation of Q1's financial…

3 years ago

Halfords to repay £10.7 million of furlough income as sales grow

Halfords has updated the market on its recent trading performance, with full year profit before tax expected to be within…

3 years ago

Shimano sees rise in bike component sales for 2020

Shimano has reported an increase in sales for the fiscal year 2020, with net sales increasing 4.1% from the previous…

3 years ago

Halfords sees cycling growth of 35% with continued strength in e-mobility

Halfords has reported cycling LFL growth of 35.4% in its Q3 trading update, covering the 13 weeks to 1st January…

3 years ago

Science in Sport set for 51% online sales growth in 2020

Science in Sport has issued an update on trading for the current financial year, reporting continued momentum in its online…

3 years ago

Halfords sees strong cycling revenue growth in H1 as e-mobility rises 184%

Halfords has reported strong cycling revenue growth through H1, finishing at 54.4% LFL. E-mobility rose by 184% and cycle services…

3 years ago