Morrisons, Tesco, Ocado and Marks & Spencer’s share prices soar after UK food sector shows signs of growth February 10, 2015 Supermarkets led the FTSE 100 higher this afternoon, after figures revealed the grocery sector was in growth once again. Morrisons' share price had recorded the biggest gains at pixel time, rising 5.5 per cent. This was on the back of Kantar figures out this morning, showing its sales had fallen 0.4 per cent, the [...]
Boxing day sales: Stats, facts and pictures as queues form overnight for bargain bonanza December 26, 2014 High streets in the UK have been overflowing as boxing day sales lured shoppers out of the house with some of the biggest discounts in years. Queues even formed overnight outside department stores in Oxford Street and Westfield shopping mall in Stratford with bargain-hunters looking to nab the best deals ahead of the crowds. Pictures [...]
M&S share price suffers after downgrade ahead of third quarter results January 5, 2015 Marks & Spencer shares fell over three per cent in mid-afternoon trading after a downgrade by investment bank Societe Generale and as it prepares to report third quarter sales figures later this week. The British retailer started the new year on the back foot after analysts at Societe Generale took the stock rating from "buy" to [...]
A fifth of Goldman Sachs’ 425 new managing directors joined as summer interns November 12, 2015 Goldman Sachs has promoted 425 of its employees to managing director – its second-highest rank behind the lucrative position of partner – the investment bank announced today. A person familiar with the matter said that 21 per cent of the group initially joined the company as summer interns, while 35 per cent were campus hires. The highest [...]
What are the best companies to work for in London? December 10, 2014 Google continues its bid for world domination, after being voted the best place to work in London. Perks such as free food, fun offices and time to work on personal projects have helped the California-headquartered firm top rankings of the best places to work in London, as well as the UK overall and the US. [...]
Ocado’s Royal warehouse November 18, 2014 OCADO is to move into Segro’s new warehouse Origin at Park Royal, in west London, after signing up for 68,393 square feet of space. The online grocer, which joins other retailers such as John Lewis also moving to the site, said it would use the warehouse to deliver groceries in central London. It already has [...]
John Lewis awards £94m online contact centre contract to Capita March 17, 2014 OUTSOURCING firm Capita yesterday said it has been selected by John Lewis to provide its online contact centre, as the department store chain looks to expand its digital presence. Under the agreement, which is worth £93.5m over five years, the FTSE 100-quoted firm will deliver a service that integrates with John Lewis’ existing range of [...]
Jeremy Corbyn’s leadership: Who will be the first Labour MP to defect – and which party will they move to? September 17, 2015 It's still the first week of Jeremy Corbyn's life as Labour leader, but the honeymoon period is definitely over. It's no secret that he's been upsetting the media – not least when journalists get hospitalised while reporting on him – and the same thing seems to be happening with his own party members. Pundits and [...]
When is the best time to go Christmas shopping? Here are London’s busiest days so you can avoid them November 20, 2014 Next week is expected to see the start of the Christmas rush with Black Friday on November 28 – a US import that was brought about to stimulate spend after Thanksgiving. Fast becoming a crucial part in the retail calendar, high street names such as John Lewis are predicting big things, with many [...]
John Lewis pays 15pc bonus as sales beat M&S March 6, 2014 JOHN Lewis’s partners will share a reduced bonus pot equal to 15 per cent of the average staff salary as the retailer put more money aside to shore up its huge pension fund. The £202.5m bonus, which was announced to 91,000 John Lewis and Waitrose staff yesterday at stores across the country, is equivalent to [...]