Everyman Cinema Chain Sees Profits Rise on Blockbuster Hits and Ticket Price Increases
The UK-based cinema operator reported a return to profit in the first half of the year, driven by strong admissions and increased spending per customer.
The UK-based cinema operator reported a return to profit in the first half of the year, driven by strong admissions and increased spending per customer.
Unseasonably warm weather over the summer months led to deserted High Streets, impacting retailers already facing economic pressures.
Retailers report significant drops in footfall during July and August, exacerbating existing economic pressures.

Increasing government debt worldwide accompanies a surge in bond yields, suggesting potential interest rate hikes.

Treasury yields also declined as investor sentiment improved.
The family-owned brewery cites a challenging business climate and owners' plans for retirement as reasons for its closure at the end of the month.
The company, led by serial entrepreneur Marc Lore, aims to focus resources on automation and physical expansion.
Hundreds of offshore employees are at risk of being barred from flights beginning November 1 due to new weight limits designed to ensure safe helicopter evacuations.
Hundreds of offshore workers risk losing their jobs as new safety regulations impose a strict weight limit for helicopter transport.