WHAT THE OTHER PAPERS SAY THIS MORNING November 2, 2011 FINANCIAL TIMES LENOVO FOUNDER LIU STEPS DOWN AS CHAIRMAN The man who founded Lenovo and built it into the world’s second-biggest PC maker by sales has retired as chairman, handing over to his chief executive, in a sign of confidence that its recent turnround is on track. The retirement of Liu Chuanzhi came as Lenovo’s [...]
FTSE pushes up despite retail sector woes March 31, 2011 A raft of corporate results today has the potential to move the FTSE in either direction, but it is picking an upward path this morning. Mixed UK economic data has clouded the picture further. The GfK consumer confidence index has stalled at February’s low level on households’ concerns over their finances. Nationwide, however, said house [...]
FTSE pushes up despite retail sector woes March 31, 2011 A raft of corporate results today has the potential to move the FTSE in either direction, but it is picking an upward path this morning. Mixed UK economic data has clouded the picture further. The GfK consumer confidence index has stalled at February’s low level on households’ concerns over their finances. Nationwide, however, said house [...]
High street sales growth in slowdown January 27, 2011 RETAIL sales for January are up on the same time last year, yet sales growth slowed considerably, according to the Confederation for British Industry (CBI). And consumer confidence has plummeted to a 12 month low, separate data from researchers GfK NOP revealed today. The positive balance of retailers reporting a year-on-year increase in sales dropped [...]
Europe sees rebound in high street confidence February 17, 2011 CONSUMER confidence across the Eurozone rose this month, an official “flash” estimate revealed yesterday. After falling to a five month low in January of -11.2, morale on the single currency area’s high streets rebounded to -9.9. Confidence has closed in on November’s 35 month high of -9.4, and is above the long term average of [...]
FTSE closes at two-month high despite light volumes April 26, 2011 aBRITAIN’S FTSE 100 closed at its highest level in over two months yesterday, albeit in light volumes, as earnings from the US and Europe supported gains ahead of results from UK companies such as ARM and BP. The blue-chip FTSE 100 closed up 0.9 per cent at 6,069.36, with volumes still thin after the four-day [...]
FTSE closes at two-month high despite light volumes April 26, 2011 aBRITAIN’S FTSE 100 closed at its highest level in over two months yesterday, albeit in light volumes, as earnings from the US and Europe supported gains ahead of results from UK companies such as ARM and BP. The blue-chip FTSE 100 closed up 0.9 per cent at 6,069.36, with volumes still thin after the four-day [...]
John Lewis: We will buck Xmas gloom August 22, 2011 John Lewis said it would outperform a falling retail market this Christmas, benefiting from the strength of its presence in the capital and investment, particularly in Internet shopping. Andrew Murphy, retail director at the department store chain, said UK consumers were feeling cautious and vulnerable amid government cutbacks, rising prices and fears the economy could [...]
New car registrations drop February 4, 2011 New car registrations fell 11.5 per cent on the year in January to 128,811 vehicles, the Society of Motor Manufacturers and Traders (SMMT) said. The organisation predicted that 2010 would be a tough year. “This is in line with SMMT forecasts and marks the beginning of a challenging year for the UK motor industry,” said [...]
New car registrations drop February 4, 2011 New car registrations fell 11.5 per cent on the year in January to 128,811 vehicles, the Society of Motor Manufacturers and Traders (SMMT) said. The organisation predicted that 2010 would be a tough year. “This is in line with SMMT forecasts and marks the beginning of a challenging year for the UK motor industry,” said [...]