Lloyds Bank leads the London financial sector in British LGBT Awards May 15, 2016 Bravo to bankers at Lloyds – the firm has been crowned the top employer for promoting diversity in this year's LGBT Awards. Lloyds Banking Group, which has a professional LGBT Network of over 3000, was named LGBT Network Group of the Year. The bank saw off stiff competition from the likes of Tesco and PwC. Dubbed [...]
Walmart’s Asda has reached its “nadir” says chief Andy Clarke as supermarket chalks up more declines August 19, 2015 Asda boss Andy Clarke has said the troubled supermarket's “nadir” has been reached, as the Walmart-owned retailer revealed yet another slump in sales. Second quarter like-for-likes were down 4.7 per cent, while profits were flat. Clarke described the figures as “disappointing, but a short-term picture”. “We've hit our nadir,” Clarke said insisting there was [...]
Morrisons pulled up on Match & More price-match advert claims against competitors Tesco, Sainsbury’s, Asda, Aldi and Lidl August 26, 2015 Morrisons has been told it must be clearer about its promise to match the prices of competitors, including Aldi and Lidl. The supermarket's Match & More scheme, which is the only one of the big four to match the prices of the German discounters, has been pulled up by the advertising watchdog for not clearly [...]
Queen’s 90th and Euro 2016 offer hopes to pubs as beer sales decline steadies May 5, 2016 The decline of beer sales is steadying – and the Queen has helped improve the fortunes of pubs further, according to the British Beer and Pub Association. The decline of sales slowed in the first quarter of 2016, falling one per cent on the first quarter of 2015, according to the Beer Barometer. It said [...]
Aldi taps into UK craft beer market in £600m deal with 18 new offerings May 22, 2016 Cut-price supermarket Aldi has launched a £600m initiative to tap into the UK's burgeoning craft beer industry. From 29 May, the bargain grocer will stock 18 UK brewed craft beers in its English and Welsh stories. The beers will be sold as a "Specialbuy" purchase, meaning a limited number of beers have been brought in as [...]
Tesco and Sainsbury’s vs Asda and Morrisons: Britain’s biggest retailers row over Sunday trading laws August 5, 2015 British businesses are readying for a fight over government plans to shake up Sunday trading rules. The government will today open a formal consultation on proposals to give local areas the power to allow large shops to open for longer on Sundays. Current laws allow smaller shops to stay open all day, but limit larger [...]
City Moves for 10 June 2016 | Who’s switching jobs June 10, 2016 Whistl Whistl, the second largest postal company in the UK, has announced the completion of the management team for its packets and parcels offer with the appointment of Steve Vass as development director. He will continue the development of Whistl’s carrier management interface, its relationships with carriers and advising on the most appropriate solution and [...]
ITV experiences advertising sales slowdown May 8, 2016 ITV is expected to announce a slowdown in advertising sales in a trading update this week Ad revenue growth is believed to have all but stopped in the first three months of this year although first-quarter revenues are expected to have risen by 12%, due to the continued success of ITV’s production division. Adam Crozier, [...]
UK immigration: Businesses including Asda, Lloyds Banking Group, Rolls-Royce, Siemens warn Tories over migration curbs August 14, 2015 Britain’s biggest businesses have warned the government against tightening rules for employing foreign workers, saying that new restrictions could increase costs, jeopardise graduate schemes and encourage firms to move their operations overseas. Asda, Lloyds Banking Group, Rolls-Royce, Siemens and others made their case in formal submissions to the Migration Advisory Committee (MAC), a group of [...]
Amazon might be planning to launch online food service Fresh in the UK – but against Tesco, Sainsbury, Asda and other major players, has it bitten off more than it can chew? September 23, 2015 If there were an award for the company that most shaped the retail zeitgeist over the past 10 years, then Amazon would most certainly be a contender. Its innovations have changed the way we shop. Such a pioneering status inevitably creates a great deal of interest. However, along with the interest come some hype: including the [...]