Asda launches honours degree scheme for staff August 12, 2013 ASDA employees will this year be able to study for an undergraduate degree under a three-year scheme in partnership with Middlesex University. The supermarket giant said it will offer 30 Asda staff the chance to study for a BA (Hons) degree in either distribution or retail operations while retaining a salaried position in the store, [...]
Retail bosses fight back after Labour attack August 11, 2013 HIGH street giants Tesco and Next have lashed out at Labour after the party branded them “unscrupulous employers” and claimed they preferred cheap Eastern European staff over British workers. Shadow immigration minister Chris Bryant will today call out hiring procedures at the two firms as part of a wide-ranging attack on businesses that use [...]
John Lewis boss urges action on foreign firm tax payments November 14, 2012 THE managing director of retail chain John Lewis last night called on the government to examine the way foreign multinationals pay tax in the UK. Andy Street said the Treasury needs to do more to prevent the likes of online retailer Amazon “destroying the UK tax base” and potentially putting British companies out of business. [...]
What the other papers say this morning – 22 July 2013 July 21, 2013 FINANCIAL TIMES Deutsche Bank set to shrink Deutsche Bank plans to shrink its vast balance sheet by as much as a fifth in order to comply with incoming stricter rules for financial soundness. In a big strategic step by Germany’s largest lender by assets, Deutsche is expected to tell investors that it aims to achieve [...]
City Moves for 24 February 2014 | Who’s switching jobs February 23, 2014 Northern Trust The asset management business has made two appointments. John Elder (right) joins as a senior investment adviser for multi-manager solutions. He has previously worked at Mellon Family Office Services and Ernst & Young. Jonathan Lidster joins as a senior wealth strategist. He was formerly chief operating officer at Global Partnership Family Offices. Barclays [...]
Why UK charities rarely benefit from the rise in corporate volunteering July 30, 2013 BUSINESSES are under the cosh. They feel under pressure to show that they care about more than just maximising profits whatever it takes, and are keen to demonstrate their wider role to customers, to the public, and to their own staff. One way of doing this is by getting their employees to volunteer to help [...]
Our retail industry has a bright future – but it must adapt to survive August 6, 2013 A ROW of boarded up shops is not how we want our high street to look. But since the beginning of the recession, a high number of retail casualties have been claimed – great stalwarts of the high street like Woolworths and HMV among them. Despite flickering hopes of economic recovery, it is unlikely that [...]
Jubilee holiday and Olympics help John Lewis September 13, 2012 JOHN Lewis Partnership yesterday revealed that it enjoyed a strong start to the year as first-half profits jumped by 59.8 per cent to £144.5m but said consumer demand remained “fragile”. Gross sales for the six months to July were up 8.7 per cent at £3.9bn, which the firm attributed to capitalising on major events such [...]
John Lewis posts leap in first-half profit September 13, 2012 Profits at British retailer John Lewis jumped 60 per cent in the first half of the year, after strong sales growth at both the department stores and Waitrose brand. John Lewis made a pre-tax profit of £144.5m in the six months to 28 July, boosted by the Jubilee and Olympic Games. Group revenue climbed 8.6 [...]
John Lewis posts leap in first-half profit September 13, 2012 Profits at British retailer John Lewis jumped 60 per cent in the first half of the year, after strong sales growth at both the department stores and Waitrose brand. John Lewis made a pre-tax profit of £144.5m in the six months to 28 July, boosted by the Jubilee and Olympic Games. Group revenue climbed 8.6 [...]