UK shoppers are turning to websites overseas in search of a better bargain, says PwC February 29, 2016 Better prices would drive two thirds of UK consumers to shop from an online retailer outside of the country, according to a report that reveals dramatic changes in shopping behaviour over the last year. Accountancy firm PwC surveyed nearly 23,000 people across six continents about their shopping habits for its annual Total Retail report released [...]
A bad start to the year for Sainsbury’s, Anglo American, Aberdeen Asset Management and Burberry, who top the list of most shorted shares of 2016 January 5, 2016 Sainsbury's yesterday revealed it had made an approach to takeover Home Retail Group, the owner of Argos and Homebase, in a bid to reverse its faltering fortunes. The report came as the extent of the Big Four supermarket’s woes were laid bare by new data revealing that its shares were the most shorted on the [...]
These tech companies offer the best junior salaries: Linkedin, Amazon, Microsoft April 9, 2015 Career starters with a head for stats, a passion for code, and a burning desire to take home a hefty pay cheque should consider roles at companies like LinkedIn and Amazon over their trendier rivals such as Google. Research by salary benchmarking site Emolument.com shows software and internet-focused companies offer young employees higher salaries, with hardware firm [...]
Tesco’s share price climbs as it stems declines but Asda and Morrisons crowned worst performing supermarkets in the UK March 8, 2016 Tesco has continued to stem its declines, but Asda and Morrisons have tumbled further, according to Kantar Worldpanel's latest figures for the supermarket sector. Sales at Tesco fell 0.8 per cent – meaning its performance is still well below the sector average of 0.5 per cent growth – but a relative improvement on last month's decline of [...]
Amazon and HarperCollins agree publishing deal settling ebook pricing row April 14, 2015 Amazon and publisher HarperCollins have settled a long-running battle over the pricing of digital editions of its books. The NewsCorp-owned publisher and online retailing giant have agreed that HarperCollins can set its own prices for ebooks sold through Amazon although there will be incentives for it to set lower prices for consumers, the Wall Street [...]
WorkMail: Amazon’s new service delivers email January 29, 2015 Retailer, movie-maker and now email provider – is there any business Amazon doesn’t want to get in on? The web giant is putting its hat in the ring with the likes of Microsoft and Google to become the go-to email service for companies. Amazon has revealed WorkMail, an email and calendar service aimed squarely at [...]
Google agrees to pay £130m in back taxes in deal with HMRC January 23, 2016 Google has agreed a deal with HMRC in which it will pay £130m in back taxes after an "open audit" of its accounts by the UK tax authorities. The £130m covers corporation tax owed since 2005, and senior figures at Google have said it would follow rules which will result in it paying more tax [...]
Consumer goods groups challenge financials to become biggest sector in FTSE 100 as Barclays, HSBC, RBS and Standard Chartered share prices plummet year-to-date March 3, 2016 Consumer goods groups are challenging the dominance of financial firms in the FTSE 100 for the first time in a decade. The two sectors are neck-and-neck, with consumer goods actually overtaking financials briefly during February, rising to account for 20.85 per cent of the FTSE 100, compared with 20.61 per cent, before slipping back down again. [...]
The US’ new drone rules could completely scupper Amazon’s plans for drone delivery February 16, 2015 Amazon's hopes to deliver packages by drone may be dashed by the new rules (Source: YouTube) After almost four years of delays, the US Federal Aviation Authority (FAA) has finally released its proposals for rules governing the use of "small drones" (anything under 55lbs). It's what US drone enthusiasts have been waiting for: until now, [...]
Tesco Now trademarked: Is one-hour delivery on its way? October 19, 2015 Tesco has filed a trade mark for the name Tesco Now, fuelling speculation that it's considering offering customers deliveries within the hour. Filed on 29 September and spotted by the Grocer, the trade mark covers five different food areas and the delivery of goods. The move follows the introduction of Amazon's Prime Now service, which can [...]