The fall in sterling has given the UK’s cosmetic surgery sector a facelift October 14, 2016 While the still-falling value of sterling has worried many sectors of the UK's economy, the cosmetic surgery industry has received a veritable lift from the weaker pound. Cosmetic surgery clinics are booming off the back of the Brexit vote and subsequent currency hit, as plastic surgery tourism to UK clinics has been made "considerably more [...]
Forget pumpkin spice lattes, now you can get beer in your Starbucks coffee with its Espresso Cloud IPA October 14, 2016 Forget pumpkin spice lattes and Christmas-themed cappuccinos, Starbucks has taken its drink innovation to a whole new level this autumn – though it might be one you want to skip for your 8am coffee. Coffee lovers and craft beer aficionados might want to stop reading now – some of you might find this news a little difficult [...]
Mountain Warehouse takes a hike on IPO plans as half-year sales double October 14, 2016 Outdoors retailer Mountain Warehouse abandoned plans to float in London before the EU referendum, the group revealed today. Despite initial discussions showing there was strong investor interest, the company ditched the idea in the early summer. Its decision was confirmed as the better move, a source close to the company said, after the pro-Brexit referendum [...]
Elegant Hotels announces second dividend but bookings hit over the summer by “political uncertainties” in the UK October 14, 2016 Caribbean tourism group Elegant Hotels has announced it will pay out another dividend in February despite its booking feeling the effects of a summer of "political uncertainty" in the UK. In addition to an interim divi for the period to 30 September of 3.5p per share, Elegant Hotels will also pay a second divi also [...]
Marmitegate: A typical story of belligerent boardrooms October 14, 2016 Marmitegate – it divided the nation. You might even say it spread fear. Either way, Tesco revealed last night that it has resolved its feud with Unilever, producer of everything from Marmite to Ben & Jerry’s ice cream, after the consumer goods giant tried to impose a blanket 10 per cent price hike on its products due [...]
Marmitegate is the “thin end of the wedge” for the retail industry October 14, 2016 Tesco and Unilever's public price war is the "thin edge of the wedge" for the retail sector after the Brexit vote, analysts have said, as the prospect of higher import costs and job losses weigh on the industry. Unilever has used the fall of sterling after the Brexit vote as a basis for increasing its prices for [...]
English Wine Producers says homegrown industry is set for an “exceptional” harvest this year October 13, 2016 The UK's wine makers are gearing up for an "exceptional", high-quality vintage this year, according to an industry body. Harvests at some homegrown vineyards began in mid-September, though the main bulk of the grapes will be harvested now and over the next fortnight. English Wine Producers, the marketing body representing the English and Welsh wine [...]
Amazon wants to bag 120,000 temporary workers for Christmas October 13, 2016 E-commerce giant Amazon is looking for more than 120,000 workers in the United States to tide it over during the busy Christmas period. Thousands of the temporary workers will be kept on beyond the holiday season, Amazon said. The announcement from Amazon comes shortly after it said it would be opening a new warehouse in [...]
Pension Protection Fund calls for BHS liquidation to start within the month October 13, 2016 BHS' biggest creditor, the Pension Protection Fund (PPF), is pushing for the company to be placed into liquidation by the end of the month. Sky News reports that the PPF has told the joint administrators of BHS that it wants to bring forward investigations into the former directors of the retailer, which would take place [...]
A lot of fizz: Warning from Face the Facts, Can the Tax group that sugar tax could fuel illicit soft drinks trade October 13, 2016 A British soft drinks industry campaign group has brought a whole new meaning to coke today after it claimed the sugar tax could fuel the illegal fizzy drinks trade. Concerns have arisen from the prospect of a minimum tax threshold for importers, which would permit some product to be imported tax free into the UK. Read more: TaxPayers' [...]