Train fare rises 2017: Here’s how much train ticket prices are going up next year December 2, 2016 Brace yourselves commuters, for train fares are set to go up next year, rail industry leaders have confirmed. On average, train fares will increase by 2.3 per cent (and that covers all national rail fares from 2 January 2017). Firms can increase regulated fares – including season tickets – each year by no more than [...]
Next’s shares tumble after company issues profit warning January 4, 2017 Next's shares have taken a hammering today after the retailer issued a profit warning. The retailer cut its profit forecast for 2017-18 to a range of £680m-£780m. Analysts had estimated the forecast would be £784m. Following the announcement, Next's share price tumbled by 12 per cent. Next's shares have now fallen nearly 50 per cent since [...]
Boxing Day footfall slump points to domination of the online retailers December 26, 2016 Boxing Day high street retail sales have fallen sharply year on year as UK shoppers stay at home and push online sales to record heights, according to early data. Half day footfall fell by six per cent compared to Boxing Day last year, according to data from retail monitors Springboard. A decline of 16.6 per [...]
Surge in days lost to strike action in 2016 December 19, 2016 Talks aimed at averting strikes by British Airways cabin crew over Christmas will be held at conciliation service Acas today as figures obtained by City A.M. show that the number of days lost to industrial action in the first ten months of 2016 has already dwarfed last year’s total. According to the Office of National [...]
Hornby extends losses despite its boss saying “good progress” is being made on turnaround plan November 24, 2016 Shares in model enthusiasts' favourite Hornby nose-dived over five per cent this morning after announcing static sales and falling profit margins. The figures Six month revenues fell from £22.3m to £21.9m, which led to an underlying loss of £3.6m, slightly more than the £3.4m loss in the same period last year. However, losses could have been worse [...]
Now Heathrow Airport’s trying to swoop in on the Christmas ad battle with this tear-jearker featuring two teddy bears November 17, 2016 First it was John Lewis that routinely took the crown for best Christmas ad. But in recent years other retailers have been upping the ante – from Sainsbury's to M&S to Waitrose's adorable robin. And now, not content with winning the battle over airport expansion (for now), Heathrow Airport has unveiled its very first Christmas ad [...]
As Londoners wrap up for a frosty weekend what are the odds we’ll get a white Christmas? December 3, 2016 You might be the feeling the chill this weekend, after forecasters predicted overnight lows of -2C and daytime temperatures of around 7C today and tomorrow. The Met Office said "a cold front" moving in over the weekend will bring drier, colder air. And Public Health England issued a cold weather warning yesterday for six regions [...]
Autumn Budget 2017: Chancellor Philip Hammond’s speech in full November 22, 2017 You can read the chancellor's Budget speech in full here: Mr Deputy Speaker I report today on an economy that continues to grow, continues to create more jobs than ever before and continues to confound those who seek to talk it down. An economy set on a path to a new relationship with our European [...]
Sky is having a Black Friday sale and it includes a free TV, laptop or Xbox One November 24, 2016 Black Friday might be a US thing, but that doesn't mean some of the biggest British brands aren't getting involved. And many of them aren't even retailers. Step forward, Sky, which has launched its own Black Friday shop, with deals on TV bundles and broadband. And you could end up with a free TV. The [...]
Black Friday: Rumours, deals and speculation at retailers including Amazon, Argos and Tesco November 11, 2016 Ah, Black Friday. It may have started as an American tradition – but in recent years it's become more British than watching the Queen's speech while wearing a jauntily-angled Christmas cracker hat. This year, Black Friday falls on 25 November. But sharpen those elbows, people, because the Black Friday 'period' begins NEXT WEEK. Here's what retailers [...]