Consumer spending accounted for more than 80% of last year's growth. Photograph: Bethany Clarke/Getty Images. Britain's economy will grow by 3.1% this year after a turnaround in household fortunes, but trade and austerity challenges still lie ahead, ...
The company said pre-tax profit for the year ended March 31 is expected to be around �14m. The Somerset-based firm, famous for its high-end handbags, said new, lower-priced items would effect the results.
The yen extended its biggest weekly loss in a month against the dollar after a report showed Japan's trade deficit widened more than forecast last month.
Exports may so far have been one of the disappointing elements in the UK's economic recovery, but this year's winners of the Queen's Awards for Enterprise demonstrate that plenty of companies can achieve the quality of services and products needed.
Companies will be forced to list their true owners on a public register in a bid to combat tax evasion and money-laundering, Vince Cable has said.