UK consumer morale drops in September October 20, 2011 CONSUMER morale sunk again last month, in a worrying sign for the domestic UK economy. The widely regarded Nationwide consumer confidence index sunk for the fourth straight month, it revealed this morning. The index fell to 45 points in September, from 48 points in August. At the same time last year, September 2010, the index [...]
Retail sales rise as prices slashed December 20, 2011 Retail sales unexpectedly rose at their fastest pace since May in December, as retailers slashed prices to lure in shoppers, a survey by the Confederation of British Industry showed. The CBI distributive trades survey’s reported sales balance jumped to +9 from -19 in November, the highest since May. Analysts had expected a more modest improvement [...]
Retail sales rise as prices slashed December 20, 2011 Retail sales unexpectedly rose at their fastest pace since May in December, as retailers slashed prices to lure in shoppers, a survey by the Confederation of British Industry showed. The CBI distributive trades survey’s reported sales balance jumped to +9 from -19 in November, the highest since May. Analysts had expected a more modest improvement [...]
Retail sales rise as prices slashed December 20, 2011 Retail sales unexpectedly rose at their fastest pace since May in December, as retailers slashed prices to lure in shoppers, a survey by the Confederation of British Industry showed. The CBI distributive trades survey’s reported sales balance jumped to +9 from -19 in November, the highest since May. Analysts had expected a more modest improvement [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 26, 2012 FINANCIAL TIMES OUTSOURCER SERCO TO CUT 500 JOBS Serco, the FTSE 100 outsourcer, is to overhaul its management structure, axeing at least 500 jobs, as it adapts to tougher market conditions in the UK, according to people close to the company. The group, which runs services including London’s bicycle hire scheme and four prisons, is [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 26, 2012 FINANCIAL TIMES OUTSOURCER SERCO TO CUT 500 JOBS Serco, the FTSE 100 outsourcer, is to overhaul its management structure, axeing at least 500 jobs, as it adapts to tougher market conditions in the UK, according to people close to the company. The group, which runs services including London’s bicycle hire scheme and four prisons, is [...]
Consumer confidence hits four-month low September 21, 2011 Consumer confidence slipped to a four-month low in August as the economy remained in the doldrums, the monthly Nationwide survey showed – though the building society said it was a relief that the drop was not bigger. Many big English cities were hit by their worst rioting in decades last month, and global economic uncertainty [...]
Weak demand keeps house prices steady September 29, 2011 PRICES increased slightly in September compared with August’s level but fell over the last quarter and year, a leading poll showed yesterday. Nationally, prices rose by 0.1 per cent on a monthly basis, but declined by 0.1 per cent over the past three months, and by 0.3 per cent over the year to September. The [...]
Weak demand keeps house prices steady September 29, 2011 PRICES increased slightly in September compared with August’s level but fell over the last quarter and year, a leading poll showed yesterday. Nationally, prices rose by 0.1 per cent on a monthly basis, but declined by 0.1 per cent over the past three months, and by 0.3 per cent over the year to September. The [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 5, 2012 FINANCIAL TIMES NEW CLASHES BREW OVER TOBIN TAX Britain and France are set for another European clash as Paris attempts to frame a new Eurozone financial transaction tax in a way that is likely to have a significant impact on the City of London. President Nicolas Sarkozy of France wants to include the so-called Tobin [...]