Business

Analysts at Shore Capital have downgraded its recommendation of Pets at Home stock from buy to hold, according to reports from The Times. This is as a result of uncertainties around the business especially in regards issues at its new distribution centre and the competition regulator’s review of the veterinary…

Gourley Vets in Ashton-under-Lyne has reopened its doors after undergoing a £700,000 refurbishment. The refurbishment took three months to complete, and the practice has now been redesigned with the “latest” facilities and equipment, to accommodate more clients and offer more veterinary services to their pets. The reception area has been…

Voff Premium Pet Food has announced the acquisition of Dutch manufacturer of natural raw dog and cat food Carnibest. The acquisition is the second Voff has done in the Netherlands this year with Energique being the first. As part of the acquisition, previous owner Corine Bunschoten has chosen to leave…

Following 14 straight rate rises, the Bank of England (BoE) has kept interest rates unchanged at 5.25%. At its latest meeting, the Monetary Policy Committee (MPC) voted by a slim majority of 5–4 to maintain the current rate, though four members preferred to increase the rate to 5.5%. The MPC…

Pet Family, the owner of Pets Corner, has purchased a 30% share of Cats and Dogs, a family-owned retailer in Flanders, Belgium. Cats and Dogs was started 20 years ago by Kevin Massart and his mother, Brigitte Pettens, with one store which has now grown to seven around Antwerp. The…

Brixton’s women-owned social enterprise Paws and Pause has expanded its business by opening a new site in Peckham, South London. The dog daycare, which provides employment training programs for individuals recovering from substance addiction and mental ill health, first opened in Brixton in 2019. According to Paws and Pause, residents…

The Government has revealed that new rules to ensure packaging producers pay for the cost of recycling their packaging will be deferred a year from October 2024 to 2025. The Department for Environment, Food and Rural Affairs said the decision comes amid “extensive engagement with industry”, and in light of…

Johnson’s Veterinary Products, has appointed Matthew Gwynn as assistant sales and digital marketing manager and Jack Franks as assistant purchasing and procurement manager. Gwynn is the son of current managing director Paul Gwynn and Franks is the son of current Sales Director, Nick Franks. Both Gywnn and Franks forged business…

Music For Pets, the Manchester-based business creating music and entertainment for dogs and cats, has been acquired by Create Music Group. Founded by Amman Ahmed and Ricardo Henriquez in 2017, Music For Pets’ franchises “Relax My Dog” and “Relax My Cat” serve more than 20 million pets around the world…

Inflation and the cost of living crisis are set to wipe £65bn from household finances across the UK, with real earnings not expected to return to growth until May 2024, according to a new report from Grant Thornton and Retail Economics. The report, which asked 2,000 adult consumers in the…