US President Donald Trump nears legislative victory as tax reform bill heads to Senate for approval December 19, 2017 Donald Trump moved another step closer to signing his huge tax overhaul into law before Christmas as the US House of Representatives gave its seal of approval, leaving only the Senate to decide the fate of the bill. The Republican-controlled House passed the vote by 227 to 203, and if it is passed by both [...]
British Airways reassures travellers ahead of next week’s strike but says some Heathrow flights will be affected January 6, 2017 British Airways (BA) has assured customers proposed strike action by the Unite union will have little effect on flights. BA cabin crew announced Tuesday they would hold a 48-hour strike next week due to an ongoing dispute over "poverty pay" with the airline. The strike dates are set for January 10 and 11. After confirming flights from London [...]
Royal Mail share price has dropped five per cent: Here’s why October 31, 2017 Royal Mail’s share price dropped by five per cent this morning, after being downgraded by a major bank. The stock dropped as low as 370p, from yesterday’s closing price of 389.7p, after Credit Suisse changed its rating on the beleaguered postal service company from neutral to underperform, with a target price of 325p. “We expect [...]
Greene King reveals sober sales despite gains over the Christmas period February 10, 2017 Sales at British pub operator Greene King grew over the 40 weeks to 5 February due to a strong Christmas period, but it was hit by a "dramatic" slowdown of sales in the quieter months. The figures In a trading statement today, Greene King said like-for-like sales grew 1.1 per cent over the period. For the [...]
Christmas spending splurge fails to push high street sales into positive territory January 6, 2017 High street shops ended a disappointing year with a dismal performance during the festive season, failing to land positive sales despite bumper spending in the week before Christmas. Christmas fell on a Sunday this year, meaning shoppers had an extra day to spend, but like-for-like sales growth on the high street still came in at [...]
These are the professions where people are most likely to have to work on Christmas Day December 22, 2015 While most of us head home for Christmas and push work firmly to the back of our minds, that isn't the case for everyone – almost three per cent of Britons will be heading to work as usual. Figures from Trades Union Congress (TUC) reveal that across the nation, 900,000 people will work on Christmas Day [...]
Alibaba: Sales during online retail bonanza Singles’ Day hit new record as they smash $25bn mark November 11, 2017 Chinese e-commerce giant Alibaba has said its Singles’ Day sales hit $25.4bn (£19.2bn), smashing its own record from last year. The shopping bonanza’s sales surged past last year’s total just after midday local time, hitting a record $18bn (£13.6bn). Singles’ Day, held every year on 11 November, is the world’s biggest online shopping event that [...]
Brexit latest: City hits back against EU’s “improved equivalence” offer for financial services March 20, 2018 The City has hit back at suggestions that the EU is considering offering the UK "improved equivalence" as the basis of the future financial services relationship after Brexit. Until now the EU has insisted that financial services would not be included in any free trade deal, with both Donald Tusk and Michel Barnier making it [...]
The only watches to give him this Christmas December 15, 2017 Buying a gift for yourself or for the special man in your life is a notoriously tricky task. With lots of proclamations that they don’t need anything for Christmas, they are also the first that wish to see nothing more than a healthy stack of presents. Whatever type of man you’re shopping for here’s our [...]
Royal Mail boss Moya Greene to lead fresh talks in hope of breaking Christmas strike deadlock October 25, 2017 Royal Mail boss Moya Greene will lead talks with the firm’s main union in the hope of breaking the deadlock in a long-running industrial dispute that threatens a Christmas shutdown. The Communication Workers Union (CWU) and the postal giant have agreed on the appointment of a mediator to oversee seven weeks of talks. Professor Lynette [...]