We must ditch unfair loopholes – and then cut tax overall November 18, 2012 BRITAIN’S corporation tax system is broken. It is arbitrary, opaque, incomprehensible and unfair. At best, it is uncompetitive compared with other countries, such as Ireland; at worst it is a complete nightmare of complications and distorted incentives. Britain’s tax system is one of the worst things about the UK: It needs to be smashed up [...]
Festive cheer at John Lewis as sales jump January 4, 2012 HIGH street bellwether retailer John Lewis has hailed “outstanding” sales in the run-up to Christmas but warned of a challenging year ahead as economic conditions remain volatile. Total sales in the five weeks to 31 December surged to almost £596m, up 9.3 per cent compared with last year, while like-for-like sales were up 6.2 per [...]
Festive cheer at John Lewis as sales jump January 4, 2012 HIGH street bellwether retailer John Lewis has hailed “outstanding” sales in the run-up to Christmas but warned of a challenging year ahead as economic conditions remain volatile. Total sales in the five weeks to 31 December surged to almost £596m, up 9.3 per cent compared with last year, while like-for-like sales were up 6.2 per [...]
John Lewis toasts “outstanding” Christmas sales January 4, 2012 High Street bellwether retailer John Lewis has said its sales throughout the Christmas period were “outstanding” at almost £600m. Sales rose 9.3 per cent to £596m in the five weeks to the end of December, compared with the same period in 2010, the owner of Peter Jones and Waitrose said. Like for like sales were [...]
Lovering backs maternity line August 16, 2012 JOHN LOVERING, the retail veteran and former chairman of Homebase, Debenhams and Peacocks, has returned to the high street as a backer of fledging maternity brand Crave. His investment vehicle Echelon Partners has injected an undisclosed sum into the business, to help fund its growth. The brand was founded by former City worker Helen Worsley [...]
MARKETING CAMPAIGN OF THE YEAR August 6, 2012 A SUCCESSFUL campaign has the power to become one with the company it advertises, to end up as iconic as the brand it represents. The final shortlist for City A.M.’s marketing campaign of the year award attempts to portray a snapshot of advertising in the last year, showcasing a range of themes, designs, products and [...]
Why Metro Bank is flourishing in the low growth banking business November 13, 2012 WHEN we first opened Metro Bank’s doors in 2010, the prevailing response was that we were a little crazy. “How can you expect to drop into London and do something nobody’s done in more than 100 years: create a differentiated new bank model? It can’t be done!” But we knew that the UK banking market [...]
Recession shouldn’t stop tech innovation November 28, 2012 THE financial crisis has forced companies to operate in new and challenging environments. Many are now leaner organisations, the result of significant cutbacks in both staff and operations. But a simple trimming down is not a solution for the medium or longer term. A lot of companies are still clinging to in-house research and development [...]
John Lewis sales up almost 10pc December 4, 2011 JOHN Lewis, Britain’s biggest department store group, said sales rose 9.6 per cent last week, with the increase flattered by snow disruption a year ago. The employee-owned group, seen as a retail bellwether, said yesterday department store sales rose to £113.6m in the week to 3 December. “While the figures were flattered by the snow [...]
City Moves for 12 February 2013 | Who’s switching jobs February 11, 2013 UBS The bank’s global asset management division has appointed Gavin Lewis business development director. Lewis has over 11 years’ experience in the investment industry. He joins from Russell Investments, where he was responsible for relationship management. MN The fiduciary management firm has announced three new appointments. Christy Jesudasan joins as senior account manager after 14 [...]