Last Week in the City: Amazon buys a pharmacy June 29, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (25 to 29 June 2018). The FTSE 100 traded little over the week, despite a rally in oil prices. There was more bad news from the retail sector after The John Lewis Partnership warned on profits [...]
John Lewis tarnished by Apple Watch advertising scandal March 8, 2017 John Lewis' squeaky-clean image has been tarnished after it pulled an Apple Watch promotion from its website. The department store disappointed a customer over its Black Friday sales event when it advertised Apple Watches on sale for £249, a price-match offer which was part of the retailer's promise to be "never knowingly undersold". Read more: [...]
John Lewis to cut almost 400 jobs February 23, 2017 John Lewis is cutting around 380 jobs as it shakes-up parts of its home and catering businesses. Around 773 employees at the department store will be entering a consultation period, during which the business will assess whether to keep them on for the 386 jobs it is creating in other areas. Read more: The 30 [...]
Amazon tops UK customer satisfaction rankings as Iceland becomes the UK’s top supermarket for the first time July 5, 2018 Amazon has been named the top company in the UK for customer satisfaction for the sixth consecutive year, while Iceland scored the number one spot in food retail for the first time. Amazon scored 86.7 out of a potential 100 points, followed closely by John Lewis which scored 86.5. Yorkshire Bank took joint third in [...]
John Lewis employee bonuses set to take a hit March 5, 2017 Employees of the John Lewis Partnership can expect their annual bonuses to shrink this year. Bonuses are unlikely to be higher than six or seven per cent of income when the company releases full-year results on Thursday, according to sources close to the situation. This is down from to a 10 per cent bonus last year. The [...]
England 45-7 United States: George Ford stars as Red Rose click into gear in Kobe heat September 26, 2019 After their meek opener against Tonga, today’s World Cup game with the USA was an opportunity for all of England’s players, but none more so than George Ford. Named captain by Eddie Jones, the Leicester Tigers fly-half was handed responsibility for leading the side, directing traffic and implementing tactics. He grabbed the chance with both [...]
John Lewis increases profits as it battles tough market conditions March 9, 2017 The John Lewis Partnership announced a profit rise today – but warned of a tough year ahead due to rising costs and structural changes in the retail industry. The figures For the year ending 28 January, the Partnership's profit before the bonus, tax and exceptional items, was up 21.2 per cent to £370.4m. This was [...]
Eddie Jones takes gamble with squad selection but how does England’s cap count compare to rivals? September 10, 2019 Since taking charge of England in 2015, Eddie Jones has been working towards victory in the now-imminent World Cup. Everything he has done over the past four years has been with lifting the Webb Ellis Cup in mind. Yet at the 11th hour he has gambled, opting to sacrifice experience within the squad for talented [...]
All Brexit options on the table, Tory party chair says March 30, 2019 The chair of the Conservative party Brandon Lewis said today that all Brexit options were still in play, following the third parliamentary defeat of Prime Minister Theresa May’s deal yesterday. Speaking to the BBC, Lewis said: “We’ve got to look at what we can do next and we have to do something different.” He added: [...]
John McDonnell says Venezuela is failing because it is ‘not a socialist country’ May 20, 2018 Venezuela has been engulfed by economic turmoil because it “took a wrong turn” and is no longer “a socialist country” , John McDonnell has said. Speaking on the Sunday Politics show, the shadow chancellor attributed the current woes of the Latin American country to the “wrong turn” it took after the incumbent president Nicolás Maduro [...]