Chancellor Rachel Reeves delivered Labour’s first Budget in 14 years, announcing £40bn of tax rises, Central London Alliance comments
General Election 2015: Labour letter responds to businesses chiefs backing Conservatives April 1, 2015 Labour has responded to a pro-Conservative endorsement signed by 100 business leaders with their own letter of support from what it claims is a true section of British society. The pro-Labour letter was signed by a mixed group including up to 50 low-paid workers on zero-hours contracts and creative industry workers such as designer Wayne Hemingway [...]
General Election 2015: 103 business leaders sign anti-Labour letter March 31, 2015 Over 100 business leaders have warned that a Labour government would "threaten jobs and deter investment" in a letter to be published in The Telegraph tomorrow. The letter, signed by 103 business bosses, praises the Conservative government which it says has "been good for business and has pursued policies which have supported investment and job [...]
Tough at the top: Will the FTSE giants fall from grace? March 26, 2015 From dividend cuts, to the accounting scandals just waiting to happen, SVM’s Colin McLean talks to Annabelle Williams about the potential pitfalls facing the UK market. The last few years have been tough for the UK’s biggest companies, as FTSE giants from supermarkets and banks, to insurers and oil majors, have come under pressure. [...]
Ted Baker in style with shoppers abroad as profits take a big leap March 19, 2015 TED BAKER posted bumper full-year profits yesterday thanks to a strong performance in the US and its rapid expansion into new markets overseas. The quirky fashion retailer, which was founded in Glasgow 27 years ago by its chief executive Ray Kelvin, said profits before tax and exceptional items rose 23.7 per cent to £49.5m for [...]
Ted Baker sales and profits driven up by strong performance in Europe and the US March 19, 2015 Ted Baker grew in its established markets last year, and expanded to new areas. The figures During the 53 weeks to 31 January, Ted Baker's retail sales rose 18.4 per cent to £306.9m, while pre-tax profits jumped to £49.5m – 20.4 per cent higher than in 2013. This exceeded the British fashion brand's expected profit [...]
All eyes on the Budget ahead of May election – London Report March 16, 2015 THE BUDGET, which will be delivered by the coalition government on Wednesday, will be the highlight of the week, as Britons look to see whether there will be any giveaways before the May General Election. Speaking on the BBC Andrew Marr show, chancellor George Osborne promised a long-term Budget with “no giveaways, no gimmicks”. “This [...]
Samsonite takes off with airport luggage retailer February 17, 2015 SAMSONITE has found a home for its bags after snapping up the airport retail chain Rolling Luggage yesterday from turnaround specialist Rcapital in a £15.75m deal. The Hong Kong-listed luggage-maker said the deal would help to provide a platform for its brands while also giving it a foothold in the booming travel market as airports [...]
Baker boss lands a big one in bonus sale January 13, 2015 TED BAKER founder Ray Kelvin has cashed in on £4.65m worth of company stock, given to him as a bonus for reaching targets, the company revealed yesterday. Shares in the fashion brand are narrowly higher than at this point one year ago.
Jaeger latest upmarket retailer to stride ahead of high street January 9, 2015 Fashion retailer Jaeger strode ahead of its high street competitors, reporting stellar sales during the Christmas period. The upmarket brand said like-for-like sales jumped eight per cent in the 13 weeks to January. They were lifted by US-style discount days Black Friday and Cyber Monday. Total sales grew 8.3 per cent, with menswear posting impressive [...]
Ted Baker reaps good tidings from Christmas January 8, 2015 LUXURY fashion group Ted Baker has had a good Christmas. It saw retail sales up 23 per cent year-on-year in the eight weeks to 3 January and enjoyed a 66 per cent rise in online sales. “We will continue to invest in people and infrastructure as we expand the Ted Baker brand globally,” said chief [...]