Prices will go up: Retail bosses issue Brexit “catastrophe” warning May 22, 2016 Retail heavyweights have come out against Brexit, warning that leaving the European Union would be a "catastrophe" for Britain and a "massive shock to the system". The former bosses of four of Britain's biggest retailers – Tesco, Sainsbury's, M&S and B&Q – have warned Brexit will cause prices to rocket, a spike in inflation, job losses and the pound [...]
ITV experiences advertising sales slowdown May 8, 2016 ITV is expected to announce a slowdown in advertising sales in a trading update this week Ad revenue growth is believed to have all but stopped in the first three months of this year although first-quarter revenues are expected to have risen by 12%, due to the continued success of ITV’s production division. Adam Crozier, [...]
Available jobs in London fell in March as businesses’ Brexit fears bite, but jobhunters are still looking April 12, 2016 Those who are currently in the process of touting their CV around the City might want to invest in a good pair of walking shoes. The number of available jobs in London fell in March compared to a year ago although the number of jobseekers is up, according to figures released today. The research by professional services recruiter Morgan [...]
Is roller disco the new hot fitness trend? Pop-up roller disco workouts are coming to Canary Wharf April 17, 2016 Get your skates on. We've seen pop-up yoga, Crossfit and Zumba, but now roller disco is tipped to be the financial district's latest fitness craze. Canary Wharf will become the UK's roller disco capital on Friday, as popup firm BUMP sets up shop in the Docklands for a week of skating classes. Londoners can show off [...]
Manchester United kit deal helps Adidas to record football sales of £1.75bn March 3, 2016 Adidas enjoyed the best ever performance of its football business last year – thanks in part to the lucrative £75m kit deal it signed with Manchester United. Football sales for the fiscal year reached a record €2.2bn (£1.7bn), the company revealed in its annual results, helping it to overall sales of €17bn for 2015. The [...]
Former Manchester United man signs huge Adidas sponsorship deal worth £31m over 10 years February 23, 2016 Former Manchester United midfielder Paul Pogba is set to sign a 10-year sponsorship deal with Adidas worth an eye-watering £31m, after spending years resisting being tied down to a particular sportswear brand. The Juventus star has so far not been affiliated to any one brand and has been happy to sport an assortment of different [...]
Before the bell: What you need to know before the US market open July 6, 2016 Sterling and bond yields continue to slide, though gold has been labelled as the go-to investment for the rest of the year. Here's what you need to know before the US market opens at 2:30pm London time. US stock futures are not looking good ahead of the open. The S&P is down by 0.62 per cent, the Nasdaq is [...]
Honda NSX review: is this the most high-tech sports car in the world? We think so, and this is why… July 11, 2016 My first drive of the new Honda NSX would be on a racetrack, at speed, with the man who has spent the last four years of his life making this car a worthy successor to the legendary, 25-year-old original. Crash this and Honda’s Ted Klaus would personally kick me out the Circuito do Estoril. It’s [...]
High street chemist Boots to cut 700 head office jobs to make it “fit for the future” June 8, 2015 High street chemist Boots will cut as many as 700 non-store roles as part of a major restructure to turn the business around. Around half of the job cuts will take place at the retailer's Nottingham head office, while the rest will be among its field teams across the UK, industry bible Retail Week [...]
City Moves for 26 May 2016 | Who’s switching jobs May 26, 2016 Ayming International business performance consultancy group Ayming has appointed Alejandro Alvarez as UK director for operations performance. Alejandro has been brought in to launch Ayming’s UK operations performance business unit, which will focus on helping clients to improve their operational efficiency, procurement & supply chain performance and working capital. Prior to joining Ayming, Alejandro was [...]