H&M on the rise during August September 16, 2013 HIGH street clothes giant H&M yesterday beat expectations to deliver like-for-like sales growth of four per cent for August in stores open at least one year. The retailer, which has lucrative clothing tie-ups with stars including Beyonce, saw shares jump to a record high after reporting total sales were up 14 per cent in local [...]
More London bus strikes scheduled over driver pay disparity – here are the companies taking part and routes affected February 3, 2015 More bus strikes are scheduled to take place over the next fortnight, as unions fight against pay discrepancies across operators. The first is scheduled for February 5 and will run from around 4am Thursday morning until early Friday morning. Buses should operate as normal on Friday by the morning rush hour. A second 24 hour [...]
Bunzl a perfect fit for glove maker Tillman January 6, 2015 OUTSOURCING firm Bunzl has bought US-based safety business Blake H Brown, trading as Tillman. The California-based business is primarily focused on supplying protective gloves to customers in the welding and industrial sectors. Revenue in the year ended 31 December 2014 is expected to be around $100m (£65.8m). Michael Roney, Bunzl’s chief executive, said: “The purchase [...]
Door and window manufacturer Eurocell unveils London listing… February 4, 2015 EUROCELL yesterday became the latest small company to announce its intention to sell shares to public investors and list on the London Stock Exchange. The Romford-based company, which specialises in the creation of PVC windows and doors, is owned by H2 Equity Partners, a private equity group, which is looking to sell off some of [...]
Window maker Eurocell to IPO on the London Stock Exchange February 4, 2015 Window and door maker Eurocell has announced its intention to float on the London Stock Exchange, as a number of small companies clamour to list before the General Election in May. "We have a clear strategy to drive future growth by maximising benefit from our vertically integrated model, continuing to roll out our branch network, [...]
H&M shares rise nearly seven per cent as profits surge September 26, 2013 Hennes & Mauritz have seen their shares rise by nearly seven per cent after the company saw net income grow to £428m during the three months ending August 31. Gross margins for the company have increased 58.8 per cent of sales as compared to the previous year 58.2 per cent. This recent success will come [...]
Stamp duty and mansion taxes: Which taxes apply to you? April 7, 2015 Money is tight in Whitehall. Both Labour and the Conservatives are promising to cut the deficit to varying degrees if they win the General Election. And Westminster is surrounded by some of the most valuable real estate in the world. House prices in London have boomed since 2013, so an obvious solution presents [...]
Bottom Line: Fashionably late but with a sharp design April 23, 2014 THE clamour of discount shoppers remains as loud around the catwalk as in the supermarket aisles. Look at Primark, where the passion for hot fashion at low prices helped keep a recent dip in sugar prices from souring the results of Associated British Foods, its parent company. While its four per cent like-for-like growth is [...]
Small companies clamour to float as Eurocell and Lakehouse line up for London Stock Exchange IPOs February 4, 2015 Two small companies this morning announced their intention to float on the London Stock Exchange, among the first few of a much-anticipated rush prior to the General Election in May. Window and door maker Eurocell said it was seeking a listing on the London Stock Exchange. It had sales of £173m and operating profit of [...]
Syria airstrike vote 2015: Here’s how your MP voted December 3, 2015 Last night MPs voted in favour of the UK beginning airstrikes against Islamic State (Isis) with an overwhelming majority of 397 votes to 223, following a gruelling 10-hour debate in the House of Commons. The move was controversial, with huge numbers of people protesting against military intervention. Some Labour MPs claimed they were being intimidated to [...]