Minority Game: What stock investors can learn from the failure of Black Friday December 1, 2015 Black Friday has come and gone, but the massive surge of shoppers which was anticipated in much of the media failed to materialise. Many retail outlets were quieter than a normal Friday. In contrast, internet shopping went wild. Amazon had its biggest ever day in the UK, selling over 7m items. Argos and John Lewis [...]
Your new must-have gadget is already in your attic – CNBC Comment December 8, 2015 It’s finally happened. As well as my ever-expanding waistline and retreating hairline, there’s been an important development in my life. In the last few weeks, a sizeable chunk of wall space in my living room has been taken up by a collection of 12-inch LPs, and a rather weighty hi-fidelity music system complete with a [...]
Black Friday UK 2015: Asda might be right to scale back its bargains on 27 November – but shoppers will still expect the deals November 10, 2015 Last year Black Friday broke the internet. Well, not quite; but it did break the websites of many UK retailers which struggled to cope with demand. In stores the occasion created Walking Dead type scenes, with hoards of shoppers frantically clawing for the best bargains. Given that these are sure signs that the event – [...]
Adam Posen, Simon Wren-Lewis and Lord John McFall to join former rate-setter Danny Blanchflower on Labour committee reviewing the Bank of England’s remit October 15, 2015 Labour economic adviser David "Danny" Blanchflower will be joined by US economist Adam Posen, Oxford professor Simon Wren-Lewis, and former Treasury Select Committee chair Lord John McFall, to develop proposals for a change to Bank of England’s remit. The Bank currently adjusts interest rates to ensure inflation will be two per cent over a two-year horizon. Read more: Blanchflower [...]
Marks & Spencer dividend can’t hide fashion disaster as Next and Primark steal market share November 5, 2015 It's that time of year again. The nights are drawing in, the heating’s turned up, minor celebrities are switching on high street Christmas lights… and Marks & Spencer has revealed another disappointing half-year performance. Admittedly, shares rose yesterday – up 2.8 per cent – but this was more due to a modest improvement to margins and a [...]
John Lewis ad tops 3m views November 6, 2014 JOHN Lewis is on track to capture the hearts, imaginations, and hopefully Christmas spending, of the UK once again with its festive ad that has hit 3m views on YouTube in just 24 hours. The ad has seen the success ahead of its TV debut on Channel 4 tonight. “What sets the John Lewis advert [...]
Christmas shopping 2015: Why the two second rule is the golden rule for online shopping even after Black Friday and Cyber Monday November 26, 2015 Keeping websites up and running is not just for Black Friday – it's critical that online retailers keep their websites up and provide online shoppers with a quick and efficient experience throughout the festive season. On Black Friday last year, British consumers spent £810m on online purchases alone. That works out to a rate of £9,375 every second, [...]
Boxing Day sales kick off early online at Amazon, John Lewis, Currys, Harrods, Next and Debenhams December 24, 2014 Amazon is kicking off its Boxing Day sale on Christmas Day. That’s right, you can start hunting for deals if Santa didn’t bring what you wanted before you’ve even had time to digest Christmas dinner. But there are also a host of retailers waiting to open their doors to sale shoppers on Boxing Day that [...]
Former MPC member and Labour adviser David Blanchflower has launched a searing attack on Labour under Jeremy Corbyn August 2, 2016 Former Monetary Policy Committee member David Blanchflower has launched a searing attack on Labour and party leader Jeremy Corbyn after backing his rival Owen Smith. Blanchflower served on Labour's economic advisory committee, but quit in June over the party's failure to effectively campaign against Brexit. And he has now hit Corbyn with another scathing blast, [...]
John Lewis Christmas advert 2014: Why are John Lewis festive ads such a big thing? And can Monty the Penguin live up to expectations? November 6, 2014 It’s not Christmas without an emotional, heart-warming, sometimes tear-jerking, advert from John Lewis. The unveiling of each new ad has become the unofficial kick-off of the festive period- move over Coca-Cola Santa, this year there's Monty the Penguin. Last year’s, featuring an animated bear and a hare, was the most popular yet with more than 13m [...]