Final salary schemes on the way out June 4, 2009 PENSIONS analysts sounded the death knell for final salary pension schemes yesterday, after supermarket chain WM Morrison became the third major company in a week to end its scheme. The retailer’s decision to bring the curtain down on the scheme follows similar moves by Barclays, which transferred 18,000 staff to a hybrid scheme and energy [...]
Profits surge at pizza chain July 22, 2008 Pizza chain Domino’s yesterday reported a 33 per cent rise in first-half profits, as cash-strapped customers save money by getting a takeaway instead of dining in a restaurant. The country’s largest pizza delivery firm said that pre-tax profit for the first half of the year was £10.9m, compared to £8.2m last year while sales at [...]
The firms the credit crunch has favoured August 11, 2008 The news about the worsening economy seems relentless and yet it is not all bad. As the credit crunch celebrates its first birthday, it’s clear that some companies are benefiting from a trend towards trading down. Consumers might be feeling the the pinch but budget options are becoming more appealing and companies such as Dominos, [...]