Carnage on the trading floor as FTSE dives 2.8pc – London Report October 15, 2014 BRITAIN’S top share index yesterday plummeted to a 15-month low, with cyclical stocks such as commodities and banks falling on fears of weakening global growth and drugmakers slipping on AbbVie’s decision to reconsider its $55bn (£34.5bn) takeover of British rival Shire. The FTSE 100 ended 181.04 points, or 2.8 per cent lower at 6,211.64, the [...]
Are you working overseas? October 22, 2014 Working overseas and sending money back home should be simple in our modern ‘digital age’, but in many cases, you could find you are losing a lot of your salary through unfavourable exchange rates and high transfer fees. With City A.M. International Payments you can expect rates that are typically 3-4pc better than you can [...]
Here’s how Argos made a fierce comeback at the end of last year January 16, 2014 Argos has become the latest digital winner at Christmas, as more companies label their online offering the strand that brought them festive sales success. Internet and mobile technology sales buoyed the high street shop's Christmas performance, despite a "challenging consumer environment", owner Home Retail Group said this morning. In a separate statement, the parent company confirmed [...]
Tablets the top pick for iPlayer Xmas viewing January 7, 2014 THE BBC’S iPlayer service saw more viewers tune in on tablets than computers over Christmas for the first time ever. In comparison, last year tablets made up just 21 per cent of iPlayer’s Boxing Day viewers. “2013 truly proved to be the year of the tablet and after they were all unwrapped, Boxing Day saw [...]
These festive victors have found a way of winning online and in store January 16, 2014 Argos, Primark, Halfords, Homebase, Dixons and Ocado: the raft companies who saw sales leap over the Christmas period, and present a stark contrast to the big names (M&S, Tesco and Morrisons) that reported gloomy – and sometimes grim – results last week. It's become something of a cliche to keep emphasising the need for transition [...]
Festive getaway boosts airports and Le Shuttle January 13, 2014 HEATHROW and Gatwick ended their busiest ever years on a high, with rising passenger numbers in December, while the Eurotunnel also enjoyed a bumper Christmas. Heathrow, Europe’s biggest airport by passenger numbers, yesterday said traffic was up 2.8 per cent to 5.8m passengers in December, taking its total growth for the year to 3.4 per [...]
Parcel woes hit shares in Royal Mail before AGM July 22, 2014 AN UNEXPECTED drop in Royal Mail parcel revenues announced yesterday is likely to build more pressure on the company ahead of its annual general meeting tomorrow. Royal Mail saw a one per cent decline in parcel revenues in the first three months of the financial year to 29 June, and it expected full-year parcel revenues [...]
JD Sports shares climb as sales continue to rise November 29, 2013 JD Sports saw a 5.8 per cent increase in like-for-like sales between August and November, it said in an interim statement this morning. Shares have risen over five per cent this morning, following the news. The sports retailer had reported the same rise in sales in the 26 weeks to 3 August. The board says [...]
Royal Mail deal ends strike fear December 4, 2013 ROYAL Mail said yesterday it had reached an agreement in principle with union members on pay and pensions, removing the risk of a strike taking place during the company’s busy Christmas period. The Communication Workers Union (CWU), which represents Royal Mail staff, had at one point threatened to strike after talks faltered. “The CWU has [...]
Next profits up after recovery spurs spending September 11, 2014 NEXT yesterday reported strong half-year profits, fuelled by the economic recovery, rising house prices and higher household spending. Total sales were 10.3 per cent stronger than for the same period last year and pre-tax profits rose 19.3 per cent to £324.2m, compared with £271.8m a year earlier. But the fashion and home retailer said it [...]