City Pub Company guzzles Christmas sales as it prepares to float this year January 18, 2017 City Pub Company has raised a toast to this Christmas after it nearly doubled like-for-like sales over the five-week festive period. The figures The pub owner and operator said sales for the period to 1 January were up 47 per cent compared with the previous year, while sales for the whole of 2016 were up 37 per cent. It also bagged [...]
Palmer & Harvey collapses into administration despite rescue talks with Carlyle Group November 28, 2017 Palmer & Harvey (P&H), the UK’s biggest cigarette supplier, has collapsed into administration despite weeks of crunch takeover talks with private equity firm Carlyle Group, according to reports. PwC was appointed today to handle the administration. Matthew Callaghan, joint administrator and PwC partner, said: “The Palmer & Harvey name has been a trusted partner for [...]
Southern Rail strikes: Everything you need to know December 14, 2016 A second round of strike action in as many weeks is has entered its second day bringing continued misery to commuters on Southern Rail this week. The industrial action will started on Tuesday, with more planned for Friday and travellers have been warned of disruption throughout the entire week. Here's everything you need to know about travelling [...]
Amazon wants to bag 120,000 temporary workers for Christmas October 13, 2016 E-commerce giant Amazon is looking for more than 120,000 workers in the United States to tide it over during the busy Christmas period. Thousands of the temporary workers will be kept on beyond the holiday season, Amazon said. The announcement from Amazon comes shortly after it said it would be opening a new warehouse in [...]
Severe delays on Circle Line due to signal failure December 1, 2016 The Circle Line is subject to severe delays this afternoon due to a signal failure at Gloucester Road station. There is no service between Aldgate and Edgware Road in the clockwise direction, with severe delays on the rest of the line. Transport for London said tickets will be accepted on London buses within zone 1 [...]
Christmas celebrations boost overall consumer spending for December January 9, 2017 Visa cardholders spent more in the final quarter of 2016 than they had for two years, according to Visa’s UK Consumer Spending Index, pointing toward a solid increase in household spending. The monthly report showed that consumer spending in December was up 2.6 per cent on the year in December with online purchases leading the [...]
Supermarkets had a record Christmas – but prices are rising January 10, 2017 Supermarkets had a record Christmas period in 2016, with sales growing at their fastest rate since June 2014, but prices are finally starting to rise following the Brexit vote. The latest figures from Kantar Woldpanel show that sales were up 1.8 per cent for the 12 weeks ending 1 January. Consumers spent nearly half a billion pounds [...]
Tower Bridge will reopen today – ahead of schedule December 22, 2016 Tower Bridge is to reopen at noon today, after a three-month closure to traffic for maintenance work. The City of London Corporation originally planned to reopen the iconic bridge on New Year's Eve, but said that "due to favourable weather conditions and well organised planning, management, and project execution, the extensive refurbishment works were able [...]
Christmas Day online shopping will peak at this surprisingly late time for the post-millennial “Generation Z” December 25, 2016 Most people will be aiming to put their feet up after Christmas lunch today and zone out in front of the TV – but there's one group of people who will be driving a late-night shopping boom this evening. Not content with their new stash of presents, "Generation Z", the post-millennial cohort who were born in [...]
Next’s (NXT) sales return to growth with strong online performance November 1, 2017 Next sales returned to growth last quarter, bolstered by the retail chain’s online division. The figures In the quarter to 29 October, Next’s retail sales fell 7.7 per cent, but its directory sales, which includes website and catalogue sales, jumped 13.2 per cent. Total sales for the period rose 1.3 per cent. For the year [...]