TalkTalk share price rises after cyber attack arrest as it says only customers who have money stolen can terminate contract without charge October 27, 2015 TalkTalk shares have rebounded closing more than 13 per cent up following the arrest and bail of a 15-year-old in connection with a cyber attack on the company. The embattled telecoms firm has also said it will waive fees for customers terminating contracts – but only if they have money stolen as a result of the attack – and suggesting it was unlikely [...]
Out of town shopping centres jump in value on the back of growing popularity October 27, 2015 Britain's out-of-town shopping centres have jumped in value over the last three months thanks growing appetite from investors and retailers opening new shops. Research from estate agency CBRE shows that capital values increased by six per cent in the third quarter, marking the second steepest rise since 2000. That contrasted with a 3.8 per cent [...]
UK steel industry to save millions of pounds after being given extra time to meet EU emissions regulations October 27, 2015 The UK's steel industry is set to save huge sums of money, thanks to flexibility in new EU regulations on emissions. Certain plants across the country will have as many as four and a half extra years to come within the stringent requirements, which are being introduced across Europe in January 2016. The extra time will [...]
Tesco shares and bonds snapped up by chairman John Allan October 27, 2015 Tesco chairman John Allan has snapped up more shares in the supermarket less than a month after he and four other board members, including chief executive Dave Lewis, purchased nearly half a million pounds worth collectively. Allan forked out another £100,000 in total, picking up 51,978 shares at 192.39 pence per share, the company said in a regulatory update, [...]
Littlewoods owner Shop Direct posts record profits thanks to mobile sales boom October 27, 2015 Shop Direct has posted a 78 per cent leap in full-year profits thanks to booming mobile sales and a surge in customers flocking to its main website Very.co.uk. The online retailer, which pulled the shutters down on its catalogue business this year, said pre-tax profits reached a record £71.7m in the year to 30 June [...]
Circassia Pharmaceuticals optimistic following strong sales growth in the third quarter October 27, 2015 Biopharmaceutical company Circassia reported strong sales in the third quarter, thanks largely to its NIOX asthma management products. During the three months to 27 October, NIOX sales amounted to £4.5m, which marks a 35 per cent increase from the same period the year before. This, combined with “good progress” made with clinical studies for its [...]
Pfizer share price rises on strong third quarter results and improved full-year outlook October 27, 2015 Following its acquisition of Hospira last month, things are looking up for Pfizer. The figures During the three months to 27 September, Pfizer experienced a rise in operational revenue compared to last year. The total figure for the third quarter was $12.2bn (£7.9bn), a two per cent total decline from the $12.4bn achieved in 2014. [...]
Metro Bank doubles its lending as it prepares for an IPO October 27, 2015 Leading challenger Metro Bank said today that its lending had more than doubled in the last 12 months, with similarly strong growth in deposits and customer accounts, as it announced its third-quarter results ahead of an expected initial public offering (IPO). Metro Bank, which has been in business since 2010, said today that it "continues to target" a listing [...]
UK GDP: Weapons manufacturing, ship repair and steel manufacturing are among the UK’s fastest-shrinking industries October 27, 2015 UK growth fell to 0.5 per cent in the third quarter, analysis by the Office for National Statistics suggested this morning. But while economists pointed to the construction sector for holding back growth, a closer look at the figures reveals it was far from the worst-faring industry during the quarter. That dubious accolade belongs to the coal [...]
Black Friday 2015 UK: Last year’s chaos at Tesco, Asda, John Lewis, Currys and Argos has put bargain hunters off October 27, 2015 Is last year’s mayhem putting a dampener on Black Friday this year? New figures would suggest yes. Black Friday sales drew shoppers in their millions last year as the American shopping extravaganza came to the UK. But the unprecedented throngs left many with a bad taste in their mouth – and this could be a [...]