DSG enjoys a window of opportunity November 26, 2009 DSG International, the electricals retailer yesterday reported a recent surge in sales helped by store upgrades and consumer demand for Microsoft’s new Windows 7, giving it confidence for Christmas. DSG, which runs the Dixons, Currys and PC World chain, said sales at stores open at least a year fell four per cent in the 24 [...]
Retail sales fall in May as pain worsens May 28, 2009 SHOPPERS are belt-tightening again, according to data released yesterday which shows that high street sales fell by more than expected in May. New figures from employers’ organisation the CBI showed that some 17 per cent more retailers reported a fall, rather than a rise, in sales during May. The data suggests that April’s rise, which [...]
London retailers get a capital boost while rest of UK drops June 14, 2009 DESPITE recovery in the UK retail sector slowing in May, London continued to outperform the rest of the country, according to fresh data out today from the British Retail Consortium (BRC). Like-for-like sales for May were 1.6 per cent higher in London than a year earlier, compared with a 0.8 per cent fall across the [...]
Pound frailty to continue, says Item report October 18, 2009 THE UK economy is back from the brink as market confidence increases and the recession draws to an end, according to the Ernst & Young ITEM Club Autumn forecast, released today. But the report warns that Gross Domestic Product (GDP) growth is unlikely to reach one per cent next year and the pound is likely [...]
This week’s key numbers will signal if recovery is sustained June 28, 2009 IT’S A mixed call for the opening of the stock markets this morning, with GFT calling the FTSE 100 and French CAC 40 to open virtually unchanged at 4,243 and 3,137 respectively. The German DAX on the other hand is expected to start the week on a more positive note, up 20 points at 4,796. [...]
This week’s key numbers will signal if recovery is sustained June 28, 2009 IT’S A mixed call for the opening of the stock markets this morning, with GFT calling the FTSE 100 and French CAC 40 to open virtually unchanged at 4,243 and 3,137 respectively. The German DAX on the other hand is expected to start the week on a more positive note, up 20 points at 4,796. [...]
Why Britain’s recession is lasting longer than others October 29, 2009 YESTERDAY’S US GDP figures were very good news for the world economy. The US has followed France, Germany, Japan and most other major economies out of recession. Britain now stands out as the laggard. The Prime Minister’s claim that we were “best placed” now lies in tatters, and his recession plan has patently failed. Why [...]
Why Britain’s recession is lasting longer than others October 29, 2009 YESTERDAY’S US GDP figures were very good news for the world economy. The US has followed France, Germany, Japan and most other major economies out of recession. Britain now stands out as the laggard. The Prime Minister’s claim that we were “best placed” now lies in tatters, and his recession plan has patently failed. Why [...]
US economic data in focus to pull US markets up May 25, 2009 WALL Street may feel more pressure this week unless a raft of economic data, including consumer confidence, home sales and gross domestic product (GDP), restores the optimism that had driven a two-month rally before fading last week. Investors cited the potential bankruptcy of General Motors as a concern, as further job losses could imperil the [...]
US economic data in focus to pull US markets up May 25, 2009 WALL Street may feel more pressure this week unless a raft of economic data, including consumer confidence, home sales and gross domestic product (GDP), restores the optimism that had driven a two-month rally before fading last week. Investors cited the potential bankruptcy of General Motors as a concern, as further job losses could imperil the [...]