Sterling is stuck in the middle of a tug of war January 4, 2011 WITH higher rail fares, energy bills and from yesterday, VAT, 2011 is so far not looking like a very happy New Year for many British consumers. But despite the higher costs, they can at least take solace from the fact that the economy does seem to be recovering fairly remarkably. And the pound seems to [...]
Sterling is stuck in the middle of a tug of war January 4, 2011 WITH higher rail fares, energy bills and from yesterday, VAT, 2011 is so far not looking like a very happy New Year for many British consumers. But despite the higher costs, they can at least take solace from the fact that the economy does seem to be recovering fairly remarkably. And the pound seems to [...]
New boss for directories firm Yell as faltering sales hit stock November 9, 2010 YELLOW-pages publisher Yell yesterday named ex-Cisco manager Michael Pocock as its new chief executive and reported an accelerated slide in quarterly sales, sending its shares down 20 per cent. Yell, whose CEO and last chief financial officer both announced their departure in May, said its customer base of small businesses had not yet regained economic [...]
WALL STREET WEEK AHEAD December 5, 2010 Europe’s sovereign debt crisis will still hang over global markets this week, but on Wall Street investors will not be afraid to bet on stocks. Wall Street has shown its ability to hold onto gains, or quickly recover from losses last week despite Europe’s debt woes, suggesting that investors are confident of a sustained rally. [...]
HMV exchanges contracts on £13.7m Oxford Street lease sale November 17, 2010 HMV yesterday announced that it had exchanged contracts on the disposal of the leasehold for its store at 360 Oxford Street to US fashion retailer Forever 21, for £13.75m. In a statement HMV said the money will be used to reduce debt. It said that it will also work hard to transfer sales to its [...]
TV purchases boost retail sales in May June 17, 2010 FOOTBALL-CRAZY Britons splashing out on new televisions ahead of the 2010 World Cup gave retail sales a much-needed boost in May. The healthy 0.6 per cent gain last month contradicted the surveys from the CBI and the British Retail Consortium (BRC), which pointed to much weaker growth in sales. The Office of National Statistics (ONS) [...]
TV purchases boost retail sales in May June 17, 2010 FOOTBALL-CRAZY Britons splashing out on new televisions ahead of the 2010 World Cup gave retail sales a much-needed boost in May. The healthy 0.6 per cent gain last month contradicted the surveys from the CBI and the British Retail Consortium (BRC), which pointed to much weaker growth in sales. The Office of National Statistics (ONS) [...]
Public sector increasingly nervous about jobs November 9, 2010 IN the run up to the Christmas season feelings of insecurity surrounding employment situations can become more acute. A monthly Household Economic Activity Tracker (HEAT) produced by YouGov SixthSense has found that a net percentage of employees were more fearful for their jobs in October (net -20 per cent) than they had been during September [...]
Public sector increasingly nervous about jobs November 9, 2010 IN the run up to the Christmas season feelings of insecurity surrounding employment situations can become more acute. A monthly Household Economic Activity Tracker (HEAT) produced by YouGov SixthSense has found that a net percentage of employees were more fearful for their jobs in October (net -20 per cent) than they had been during September [...]
Eurozone confidence falls as debt worries start to spread May 31, 2010 LINGERING hopes that the EU sovereign debt crisis had not yet begun to affect the real economy were blown out of the water yesterday, as the eurozone economic sentiment monitor recorded an abrupt fall in May. Economic sentiment in the 16-country Eurozone area fell to 98.4 in May, down from 100.6 in April and below [...]