Dixons Carphone reports “good start” but mobile sales drop September 9, 2014 Dixons Carphone will breeze into the FTSE 100 on 22 September, the newly formed company announced today. The £3.6bn merger of Dixons Retail and Carphone Warehouse was completed on 7 August, and the company says it has made a "good start" in the period since. Dixons Retail recorded a four per cent increase in like-for-like [...]
Beware under-insurance: Four in five people don’t have adequate coverage for their precious things May 12, 2015 Do you have adequate insurance for the contents of your home in the event of a disaster? Probably not. Research suggests four in every five high net worth individuals is under-insured, according to Oak Underwriting. Another study from Datamonitor put the figure slightly lower, at 70-75 per cent of wealthier homeowners – but still a [...]
Christmas cheers December 15, 2013 Our very own wine buff Neil Bennett quizzes the City glitterati about their Christmas wine plans AMID the piles of Christmas wrapping paper and credit card bills, there is one gift wine lovers can give themselves on Christmas Day – setting aside a special something to share with the family. Personally, I spend far too [...]
Fitness Expert: Christmas and New Year is an exercise in damage limitation: but it’s not an excuse to quit December 2, 2013 AS THE holiday season approaches, the chances are very high that a vast number of calories will be passing your lips in the days and weeks to come. Although estimates vary, some people put on about five pounds over Christmas, with up to 6,000 calories consumed on Christmas Day alone. When you include New Year’s [...]
Greene King brews up record-breaking Christmas January 13, 2014 Pub retailer Greene King has posted a rise in like-for-like sales of five per cent for the last six weeks. The company achieved a six per cent rise in like-for-like sales over the years two most important trading weeks. Christmas Day proved to be the most successful in the company's history, with 62,000 meals sold, [...]
Billy cycling December 22, 2014 The Elephant and Castle roundabout is infamous among cyclists. In 2013, the last year for which we have complete data, there were 15 incidents involving cyclists on or next to the junction. In May last year, Abdelkhalak Lahyani, a married man of 47, was knocked from his bike as he cycled to work at the [...]
The nine best business books to buy for your new Kindle Paperwhite, Kindle Fire, Kobo or Nook December 27, 2014 Have you been given a e-book for Christmas? Maybe a Kindle Paperwhite, Kobo or Nook? If you're really lucky, you may have even got a Kindle Fire. Are you looking to catch up on some reading during your days off? Planning on developing a new business in the new year? If you replied yes to [...]
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 [...]
Debenhams share price dips as 21 per cent fall in profits revealed October 23, 2014 Debenhams' share price opened lower this morning, after the retailer revealed a 20.6 per cent fall in pre-tax profit for the last year. Over the 12 months to August 30, the department store chain saw underlying pre-tax profit drop to £110.3m, in line with expectations, while reported pre-tax profit fell 23.9 per cent to [...]
Winter storm power cut compensation payouts cost UK energy companies an extra £3.3m July 24, 2014 Energy regulator Ofgem has announced it has secured an additional £3.3m from SSE and UKPN following its investigation into the companies' performance during the dramatic storms seen last Christmas. The regulator has now landed a total of £8m from the two energy firms, which had to payout to the 1m households that suffered power cuts at [...]