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Markets

  • WH Smith IT glitch shares users’ private data in mass emails

    September 2, 2015

    WH Smith has sent users' private data out in mass emails to other customers following an IT glitch. The source of the breach seems to be a poorly constructed contact form on the retailer’s website. When a customer fills out the form, instead of sending the message to the company itself, the information was sent [...]

  • Windows 10 is already outselling Mac OS X and Windows Vista, as Microsoft says its new operating system is growing at “unprecedented” rate

    September 2, 2015

    Microsoft can breathe a sigh of relief: after the unpopularity of Windows 8, the newly-released operating system Windows 10 is growing at an unprecedented rate. After one month on the market, figures released today show the system already has over five per cent of the PC market, making it the fourth biggest operating system in [...]

  • Exclusive video: Canary Wharf Group unveils prices for homes at former Shell Centre Southbank Place

    September 2, 2015

    Prices for homes in Canary Wharf Group and Qatari Diar’s controversial Shell Centre scheme on London’s South Bank were unveiled today, with a two-bedroom flat setting buyers back as much as £1m.  Read more: Almacantar buys Shell Centre offices on South Bank for £550m Around 863 homes are due to be built on the the 5.25-acre riverside site, [...]

  • Amazon to open tenth UK fulfilment centre in Doncaster

    September 2, 2015

    Amazon is creating over 300 new jobs as the internet retailer plans to open its tenth fulfilment centre in the UK this autumn. The company has chosen Doncaster as the location for its new 250,000 sq ft warehouse, which will be the second fulfilment centre in the city, as a first one opened in 2010. [...]

  • Halfords share price plummets on poor summer bike sales

    September 2, 2015

    Shares in car and bike maintenance retailer Halfords fell more than 7.7 per cent to 470.6p in early trading, after this summer's soggy weather hit its bicycle sales. The figures Like-for-like sales at the company dropped 1.3 per cent in the eight weeks to the end of August – although for cycling specifically the fall was 11 [...]

  • Revealed: the European funds hit hardest by last week’s market turbulence

    September 2, 2015

    The funds suffering the biggest losses after last week’s global stock market chaos have been revealed, as FE Trustnet data shows the European fallout from last week's market turbulence. The worst-performing fund was Aberdeen Global European Equity Ex UK, which gets the unflattering crown after it suffered a 6.19 per cent loss over the month [...]

  • Asos share price falls as etailer confirms Nick Robertson to leave after 15 years; Nick Beighton to take reins

    September 2, 2015

    Asos' share price tumbled this morning as the etailer confirmed boss Nick Robertson is stepping down as chief executive of the company he founded 15 years ago.    Chief operating officer Nick Beighton will take on the reins with immediate effect. Robertson will stay on as a non-executive director.    Beighton has been at Asos [...]

  • Snoozebox sees loss widen but revenues jump

    September 2, 2015

    Snoozebox reported widening losses in the first half of the year, but insisted its turnaround plans were on track after revenues beat expectations. The portable hotel chain, which provides temporary accommodation for events such as the British Grand Prix, has had many a sleepless night since floating on Aim in April 2012. Less than a [...]

  • Asos founder Nick Robertson steps down as boss

    September 1, 2015

    Asos founder and boss Nick Robertson is expected to announce his departure from the top job at the fashion website this morning. Read more: Asos goes from annus horribilis to the height of fashion Robertson who set up the company, one of the UK’s most high-profile tech success stories in 2000, has told the board he [...]

  • Lee Rochford stands down as chief financial officer of Virgin Money

    September 1, 2015

    Lee Rochford has resigned from his role as chief financial officer of Virgin Money, the company announced today.   Read more: Virgin Money IPO: Jayne-Anne Gadhia to get £1m bonus, but misses a bigger payout on low valuation   His permanent replacement has not yet been decided, but Dave Dyer, currently strategy director of the firm, [...]

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