An oath can’t make lawyers more honest January 25, 2010 BIG changes are afoot in the legal world, not least those arising from the reforms which the profession is going to see under the Legal Services Act. This will include the introduction of so-called Tesco Law, which will see non-lawyers increasingly involved in the provision of legal services. In the face of this brave new [...]
Staff cash in after record Tesco profits May 26, 2009 MORE than 207,000 Tesco employees are to scoop up share bonuses worth a total of £98m, it was revealed yesterday, after the giant retailer posted record annual results. Under the group’s “Share in Success” scheme, checkout workers to store managers that have worked with the supermarket for at least a year by the end of [...]
Miners push FTSE higher but M&S weighs on retail shares January 7, 2010 BRITAIN’S top shares added 0.1 percent yesterday as a rally by heavyweight miners, in tandem with stronger metal prices, offset weakness in energy issues, with retailers upset by a disappointing update from M&S. At the close, the FTSE 100 index was 7.54 points higher at 5,530.04, another 16-month closing high. “It looks like the big [...]
Miners push FTSE higher but M&S weighs on retail shares January 6, 2010 BRITAIN’S top shares added 0.1 percent yesterday as a rally by heavyweight miners, in tandem with stronger metal prices, offset weakness in energy issues, with retailers upset by a disappointing update from M&S. At the close, the FTSE 100 index was 7.54 points higher at 5,530.04, another 16-month closing high. “It looks like the big [...]
Asda and J Sainsbury to battle it out in crunch time for grocers November 8, 2009 J Sainsbury and Asda will go head -to-head this week to show the City how they have been faring in the consumer downturn. Sainsbury’s, Britain’s third-biggest grocer, is expected to post a 16 per cent rise in first-half profits on Wednesday and warn of a tougher second half amid stiff competition. And Asda, owned by [...]
WANTED: STEADY HAND AT THE TILL November 19, 2009 THE departure of Wm Morrison boss Marc Bolland won’t blow the supermarket off course, retail experts said yesterday as the Bradford-based company posted another set of strong sales figures and customer growth. With Bolland sidelined ahead of taking the reins at Marks & Spencer in January, finance director Richard Pennycook took responsibility for yesterday’s trading [...]
J Sainsbury set to ramp up banking arm by luring customers in with points October 11, 2009 J Sainsbury, Britain’s third biggest supermarket, is ramping up its banking arm, by launching a new scheme that will see shoppers rewarded for buying its financial services products. Sainsbury’s Finance will allow customers to earn double Nectar points for taking out home insurance, or opening an account, but it will also give Sainsbury’s account holders [...]
Money Dashboard secures 1m October 27, 2009 Money Dashboard, a personal finance website that helps people keep track of their money, said yesterday that it had secured a further £1m in investment ahead of its beta testing launch date next month. The service connects to a user’s online financial accounts and allows them to view all of their transactions in one place. [...]
Money Dashboard secures 1m October 27, 2009 Money Dashboard, a personal finance website that helps people keep track of their money, said yesterday that it had secured a further £1m in investment ahead of its beta testing launch date next month. The service connects to a user’s online financial accounts and allows them to view all of their transactions in one place. [...]
J Sainsbury sales growth slows down October 7, 2009 J SAINSBURY, hot on the heels of supermarket archrival Tesco, yesterday revealed that its second quarter sales growth had slowed as food inflation eased in the autumn. Sainsbury’s said like-for-like sales growth, excluding fuel, slowed to 4.6 per cent rise for the 16 weeks to 3 October down from seven per cent in the previous [...]