Workspace grabs slice of London tech market with Clerkenwell buy November 12, 2013 SMALL business landlord Workspace has snapped up an office block near Farringdon for £18.1m as it looks to tap into booming demand for space in the area from technology firms. Chief executive Jamie Hopkins said yesterday that the acquisition of Verulam House on Gray’s Inn Road, whose tenants include Tesco’s Blinkbox, marked its first major [...]
Discounters grab market share from UK’s leading supermarkets October 22, 2013 SAINSBURY’S was the only one of the big four supermarkets to gain market share in the 12 weeks to 13 October as discounters continued to put pressure on Britain’s grocers, Data from Kantar Worldpanel out yesterday showed Aldi’s sales leapt by 31.7 per cent year-on-year, gaining record market share of 3.8 per cent against three [...]
Grand Theft Auto V accelerates games market back into growth October 28, 2013 THE RELEASE of Grand Theft Auto V helped push the video games market back into growth for the first time in five years last month, according to data out today. Kantar Worldpanel figures for the 12 weeks to 29 September show that the games market grew by 29 per cent compared with the same period [...]
Lidl launches first television Christmas ad October 30, 2013 LIDL has launched its very first UK national TV campaign promoting its luxury range as the first-growing discount chain looks to win more middle-class shoppers from its larger rivals in the Christmas rush. The adverts, which go live today, will feature products from Lidl’s deluxe range, including mulled wine, whole cooked lobster and Serrano ham. [...]
Barclays cracks top five FTSE broker rankings December 1, 2013 BARCLAYS broke into the top five FTSE 100 stockbroker rankings last month, overtaking Deutsche Bank, fresh figures released today show. The British bank added two new blue chips to its roster of clients – supermarket giant Tesco and engineering firm Amec – to place it joint fifth in a list of the top brokers, ranked [...]
Asda considers new George home brand October 9, 2013 BRITAIN’S second largest retailer Asda is considering launching homeware under the George brand. The Walmart–owned group has applied for the trademark George.home according to filings published last week on the Intellectual Property Office website. A spokesperson for Asda refused to confirm whether it was planning to launch a new homeware brand and said: “We register [...]
Sainsbury’s has sales boom to outpace rivals November 13, 2013 SHARES in Sainsbury’s rose three per cent yesterday, making it the biggest riser in the FTSE 100, after the supermarket chain posted a surge in half-year sales and profits. Sainsbury’s is the only one of the big four supermarkets to be growing its market share, with data from Nielsen last month confirming that it had [...]
Microsoft says new tablet is faster than 95 per cent of laptops today September 23, 2013 Today's second tablet release (after Tesco's Hudl), tech giant Microsoft is now unveiling its Surface 2 and Surface Pro 2 devices. Microsoft vice president surface Panos Panay says they've "been working on the second-generation of products for about 18 months". Panay says that the Pro 2 is "literally faster than 95 percent of laptops today" [...]
Sainsbury’s market share at decade high as profits rise November 13, 2013 Sainsbury's has said this morning that its grocery market share is at its highest in a decade, at 16.8 per cent. The supermarket has seen like-for-like sales growth for 35 consecutive quarters, with profits in the first half of 2013 up seven per cent, at £400m. (Release) Total sales including fuel were up 4.4 per [...]
How did the UK’s Warren Buffett make his money? October 15, 2013 The surprise departure of Neil Woodford has prompted some analysts to suggest that now is the time to exit Invesco Pereptual funds – led to such success by Woodford during his 25 years with Invesco. Hargreaves Lansdown has temporarily suspended Invesco Perpetual from their Wealth 150 index and recommend that new investors wait until the [...]