Saving with traditional banks? Shopping around to challengers like Charter Savings Bank, Aldermore, Sainsbury’s or Virgin Money could help reduce risk while increasing your reward February 29, 2016 People are saving more: according to last week's figures from the BBA, personal deposits grew 3.7 per cent in the year to January. But at a time when the base rate is frozen at 0.5 per cent and looks set to remain at record low levels well into 2017, you could be forgiven for wondering why anyone would want to increase [...]
Beware: Your energy bill could rise by £152 at the end of April if you don’t switch supplier April 18, 2016 Households will be hit with a £152 increase to their annual energy bills at the end of the month unless they switch providers, as several fixed tariffs come to an end. Of the 17 fixed deals that expire on Saturday 30 April, 11 will result in customers being automatically switched to a more expensive standard variable [...]
Christmas adverts 2015 UK: John Lewis’ Man on the Moon faces stiff competition as Sainsbury’s hopes its Mog the Cat is not just for Christmas November 25, 2015 In the race for the most memorable TV ad campaign, it has been cat versus the man on the moon. John Lewis’ Christmas advert, usually a hands-down winner, has faced stiff competition this year from children’s favourite, Mog the Cat, the star of Sainsbury’s effort. Last year, Sainsbury’s advert was set in the First World War [...]
UK grocers Morrisons, Sainsbury’s and Tesco set to show their hand in Christmas battle for sales January 10, 2016 The winners and losers of the battle for this winter’s Christmas dinner will be laid bare this week as Morrisons, Sainsbury’s and Tesco prepare to report tough trading amid intense competition in the grocery sector. Morrisons will report its Christmas trading figures on Tuesday, with the Bradford-based chain expected to post a two per cent decline [...]
Formula One rising star Jordan King on how it takes more than cash to become a champion March 2, 2016 Jordan King is just 22-years-old, but to talk with him you’d think he’d been racing in Formula One for a decade, such is his calm confidence and commercial aptitude. He’s currently contesting F1’s feeder series, GP2, and testing for the Manor F1 team with the hope of stepping up to a race seat next year. [...]
Home Retail Group share price soars on announcing it will return £200m to shareholders with Wesfarmers to buy Homebase for £340m January 18, 2016 Home Retail Group has announced it will be returning £200m to shareholders, following the sale of its Homebase chain to one of Australia’s biggest listed companies. The British retail group has confirmed reports it will sell the DIY chain to Australian Wesfarmers for £340m. Wesfarmers, which already owns DIY supplier Bunnings, said it will spend another £242m [...]
At the close: FTSE 100 index closes up on miners despite losses in Next and Sainsbury’s January 5, 2016 The FTSE 100 index closed up today, outperforming other European markets, as miners made gains. The index closed 0.72 per cent up at 6,137 points, despite losses in Next, Sainsbury's and stocks in companies with exposure to China. Miners ended the day higher, with Glencore leading the pack and Anglo American and Rio Tinto not far behind, after [...]
The Co-operative steals supermarket crown as strongest non-discounter, according to Kantar figures – as grocery sector boosted by New Year healthkicks February 9, 2016 The UK's struggling grocery sector has been given a shot in the arm from shoppers on a health kick, with sales up 0.2 per cent as consumers seek out fresh foods. The Co-operative was the fastest growing supermarket, outside of the discounters, in the 12 weeks to 31 January – the first time it can claim [...]
The biggest Christmas adverts of 2015: From John Lewis’ Man on the Moon and Sainsbury’s Mog the Cat to Justino, Warburtons and Burberry December 3, 2015 John Lewis and Sainsbury’s have tussled over our affections pitting Man against Cat in their bid to create this year’s most heartwarming Christmas advert, with the retail giant's tear-jerker finally beating the supermarket's more upbeat offering. Sainbury’s Christmas advert featuring Mog the Cat was quickly crowned 2015’s winner by City A.M.’s own reviewer, who praised [...]
Sainsbury’s to slash 500 jobs January 13, 2015 SAINSBURY’S is to cut 500 head office jobs as part of a plan set out by its new chief executive to save hundreds of millions of pounds in costs. Mike Coupe pledged in November to save £500m over the next three years in order to fund a £150m price offensive against its retail rivals. The [...]