Fitbug share price hits record high after gaining Samsung deal for Kiqplan November 14, 2014 Fitbug shares hit a record high today after news of a deal with Samsung to feature one of its products on the smartphone-maker's digital health platform, Shares in the the Aim listed fitness technology company rocketed as high as 8.78 pence per share this morning, surpassing its previous high of eight pence per share in October [...]
Why you won’t find Black Friday discount deals at Aldi and Lidl summed up in a single tweet November 28, 2014 Aldi has taken an overt swipe at its supermarket rivals over Black Friday deals with a single tweet. As shoppers wrestled each other over discount deals in Tesco and Asda, Aldi tweeted: "Hmm, we think we did #BlackFriday last week. Although it was just called 'Friday'. And it's the same every day!" Hmm, we think [...]
Mild winter and lower use hit Centrica outlook November 20, 2014 BRITISH Gas owner Centrica yesterday reduced its earnings forecast, as milder winter weather cut into its revenues. The firm said the average residential gas consumption for the first 10 months of the year was 21 per cent lower than in 2013, while the average electricity consumption was down seven per cent. It added that the [...]
General Election 2015: The London battlegrounds that could hold the balance of power February 5, 2015 London could hold the balance of power in the upcoming General Election, with the major parties gearing up to target at least 11 of its tightest seats. Five London constituencies feature in Labour’s top 50 target seats – Hendon, Brent Central, Brentford & Isleworth, Croydon Central and Enfield North. The Conservatives are looking to take [...]
Aldi to hire 35,000 new staff for expanding discount drive November 10, 2014 GERMAN discounter Aldi is to create 35,000 new jobs and employ up to 1,000 apprentices as it continues to expand its presence in the UK, the company announced yesterday. During a visit from the Prime Minister David Cameron to the chain’s headquarters in Atherstone, Warwickshire, Aldi reiterated its commitment to increasing the number of stores [...]
Sainsbury’s new boss Mike Coupe blames “perfect storm” for sales drop October 1, 2014 Sainsbury's new chief executive said that a “perfect storm” of effects had plunged sales further into the red in the second quarter as the supermarket retailer cut its full-year sales forecast and warned that it might review its dividend. In his first official trading update since taking over from Justin King in July, Mike [...]
Tesco suffers worst decline in grocery sector October 21, 2014 TESCO emerged as the biggest loser in the grocery sector over the past three months, despite sales showing signs of recovery, as the supermarket price war and fierce competition continued to take its toll on the troubled retailer. The company, which stunned the City last month with revelations of a £250m black hole in its [...]
FTSE edges higher despite declines in insurers’ shares – London Report November 6, 2014 BRITAIN’S top share index ended slightly higher yesterday, with RSA leading insurers lower on weak premiums and drugmaker GlaxoSmithKline slipping after trading without the attraction of its latest dividend. The FTSE 100 ended 0.18 per cent higher at 6,551.15 points, after rising to as much as 6,580.21 earlier. RSA slipped five per cent to 460.10p, [...]
Black Friday to kick off £42bn Christmas spree November 23, 2014 Britons are expected to splurge £42.4bn in the run-up to Christmas – £1.5bn more than last year – as retailers brace themselves for an American-style Black Friday shopping frenzy set to take over their websites and stores this week. Sales are forecast to rise by four per cent year-on-year in the period starting from today [...]
Fitbug share price: The curious case of the rocketing penny stock October 28, 2014 Penny stock Fitbug continued its meteoric rise yesterday as shares jumped a further 60 per cent to 6.22p, leaving the wearable fitness tracker-maker perplexed as to the reason why. Fitbug gained investors’ attention last Wednesday when the little-known firm announced a potentially lucrative deal for its £49.95 Orb wristband to be stocked in 1,800 Target [...]