Bellway says order book for new homes is way ahead of last year June 5, 2014 HOUSEBUILDER Bellway said yesterday that it was confident Britain’s strong housing market would continue to grow, as it reported that its order book for new homes was “significantly ahead” of where it was last year. The company that its order book of homes due for completion after 31 July stood at £670m, compared to £380m [...]
Luxury brands’ share prices are falling today. Here’s why June 6, 2014 Yesterday's shock results from luxury stalwart Prada have had a knock-on effect this morning. The brand lost over six per cent, hitting a two-year low, after announcing a surprise fall in quarterly sales and suggesting a possible slashing of its full-year guidance. And this morning, it's dragging down other major luxury retailers with it. Shares [...]
ITV buys The Voice production company Talpa Media with John de Mol on board March 12, 2015 ITV has turned its chair for the production company behind BBC talent show The Voice, buying up Talpa Media. The broadcaster has acquired the Dutch production company founded by Big Brother creator John de Mol, in a deal worth up to £781m. The deal includes keeping on de Mol and Talpa’s management team who will [...]
Outgoing Morrisons boss Dalton Philips puts £1.65m York home up for sale February 15, 2015 WM Morrison outgoing chief Dalton Philips has put his £1.65m York townhouse up for sale, giving The Capitalist and all you other curtain-twitching, Kirsty Allsopp-watching property clickers a welcome chance to snoop through his home. And what a house you can get for that money in York! The tasteful five-bedroom listed Georgian pile comes complete [...]
Liam Gallagher’s Pretty Green lives up to its name with a rise in sales January 11, 2015 Liam Gallagher may not be at the top of the charts at the moment but he has proven he can sell clothes, with total sales in his clothing brand Pretty Green up 39 per cent in the six weeks to 31 December. Gallagher set up the Mod-style brand in 2009 and its latest results were [...]
These are the four biggest threats to financial stability, according to the Bank of England March 26, 2015 The financial policy committee (FPC) which looks after financial stability over at the Bank of England, has outlined the areas it intends to keep a closer eye on in its quarterly assessment released today. 1. Geopolitical turmoil Eurozone turmoil could pose a threat to future financial stability. There have been some encouraging signs recently but [...]
Door and window manufacturer Eurocell unveils London listing… February 4, 2015 EUROCELL yesterday became the latest small company to announce its intention to sell shares to public investors and list on the London Stock Exchange. The Romford-based company, which specialises in the creation of PVC windows and doors, is owned by H2 Equity Partners, a private equity group, which is looking to sell off some of [...]
Google’s mobile friendly algorithm change: Why businesses could rue “mobilegeddon” April 20, 2015 Google is about to embark on a major algorithm change which could leave businesses who have yet to adapt to mobile see their customer base shrink overnight. Billed as “mobilegeddon” in some quarters, the search engine will tomorrow start to roll out what is expected to be the biggest change to its search results in [...]
Debenhams share price plummets despite online sales uplift January 13, 2015 The figures Shares in troubled department store Debenhams fell nearly eight per cent in mid-morning trading, despite figures published this morning suggesting it had a record Christmas. The retailer said like-for-like sales in the four weeks to 10 January rose 4.9 per cent. Particularly successful were online sales, which went up by 29 per cent. Demand [...]
Profits surge at Bovis Homes on record sales February 23, 2015 BOVIS Homes shrugged off fears of a housing market slowdown by reporting a 69 per cent leap in full-year profits as the housebuilder sold a record number of homes. The FTSE 250 company, which builds most of its homes in the south of England but outside London, completed 3,635 homes last year – an increase [...]