Venezuela locks up businessmen for “conspiring” to create long queues in effort to undermine government February 2, 2015 Venezuela's increasingly erratic President Maduro has announced that business owners of an unnamed chain of shops have been arrested for purposely creating long queues. Long lines outside retailers have become one the hallmarks of Venezuela's economic problems, accompanied by soaring inflation and empty shop shelves. Maduro accused business leaders of "conspiring" against the people and [...]
Liam Gallagher’s Pretty Green lives up to its name with a rise in sales January 11, 2015 Liam Gallagher may not be at the top of the charts at the moment but he has proven he can sell clothes, with total sales in his clothing brand Pretty Green up 39 per cent in the six weeks to 31 December. Gallagher set up the Mod-style brand in 2009 and its latest results were [...]
Asda overtaken by Sainsbury’s as UK’s second largest supermarket but big four continue to slide January 13, 2015 Asda has lost its title as the second largest supermarket in the UK to Sainsbury's, while discounters Aldi and Lidl continue making gains on the big four. Of the big four – Tesco, Sainsbury’s, Asda and Morrisons – sales fell by the smallest amount at Sainsbury’s, down 0.7 per cent. This helped it regain second place [...]
Private View: On the market in bow this week October 30, 2014 BELLEVUE BOW, E3 from £417,500 for a two bed apartment This 27-storey tower is one of the tallest residential buildings in the regeneration of Bow. It sits on the site of the former Crossways Estate and provides 93 new homes. Developer Swan New Homes has just released their platinum collection of apartments spread across the [...]
Private view: On the market in Chiswick November 13, 2014 CHISWICK GATE Prices on application Luxury developer Berkeley Homes presents this family project close to the Grade-I listed grandeur of Chiswick House. A collection of three, four and five bedroom townhouses are available, along with one, two and three bedroom apartments, with access to private landscaped gardens. For more information and to register your interest [...]
Britain could lead a robotic revolution with cost savings of 16 per cent by 2025 February 9, 2015 By 2025 the country’s workforce could look very different The UK is set to be among the leading adopters of industrial robots over the next decade, benefitting from improved productivity and a huge reduction in labour costs. While global average cost savings from the use of robots is expected to be around 16 per [...]
World economic freedom falls as rule of law retreats in the US October 9, 2014 World economic freedom has fallen and is well below its peak level of 6.92 in 2007, according to the Fraser Institute's Economic Freedom of the World (EFW) report. The report examines the policies and institutions of 151 countries. In 2012, the most recent year for which data is available, the average score dropped to 6.84. [...]
Tesco’s share price jumps as Kantar figures reveal the supermarket has grown sales for first time in a year – but it is still losing market share February 10, 2015 Tesco's share price jumped nearly two per cent this morning after figures revealed it had grown for the first time since January 2014. The UK's biggest retailer recorded sales growth of 0.3 per cent to £7.9bn for the 12 weeks to February 1, according to Kantar Worldpanel. But that was not enough to stem the [...]
Fraser made England selector February 12, 2014 FORMER England bowler Angus Fraser has replaced Andy Flower on a three-man panel of selectors. Fraser will continue his role as Middlesex managing director of cricket. Meanwhile, Paul Collingwood has been added to the coaching staff for the tour to West Indies and T20 challenge
Have the Conservatives really halved the deficit? January 5, 2015 There has been a lot of fuss around the Conservatives’ new campaign poster, in which they claim to have, among other things, halved the deficit. Fraser Nelson, the editor of The Spectator, was quick to point out that the claim only holds if a specific measure is used – deficit as a percentage of GDP [...]