Tesco has unveiled its Black Friday 2016 deals: Laptops and tablets and bikes, oh my November 24, 2016 The supermarkets may be suffering from competition from discounters, but on Black Friday that all goes out of the window as they come over all Aldi and go berserk for deals. Tesco is no exception – it's so keen it's already launched some deals. Check out the best ones for Black Friday itself. Read more: [...]
Gold catches a bug as the dollar’s surge shows no sign of abating and Fed rate rise looks all but a certainty November 24, 2016 Gold has continued to fall this morning on the back of yet more highs for the US dollar, reaching lows not seen since February. The currency’s strength combined with strong US data and minutes from the Federal Reserve’s Open Markets Committee (FOMC) to send gold far below the $1200/oz level. In morning trading a small [...]
Nigel Farage is moving to the US, according to reports November 24, 2016 Nigel Farage is said to be planning to follow in the footsteps of millions of immigrants throughout history, with a move to the United States. The interim Ukip leader has told friends that he and his wife are planning to emigrate, the Times has reported. The news comes the morning after Farage attended a party held [...]
Countrywide shares just hit an all-time low after it warned on its earnings November 24, 2016 As if Countrywide didn't have a bad enough day yesterday after Philip Hammond's decision to ditch letting fees, today shares in the UK's largest estate agent hit an all-time low following a decidedly downbeat assessment of the property market. In a statement this morning the company, which owns estate agent brands including Hamptons International and Bairstow [...]
John Lewis just announced its Black Friday deals on Samsung TVs, KitchenAids, DKNY perfume, casserole dishes and more November 24, 2016 It's only one more sleep until Black Friday and John Lewis just announced its biggest set of deals ever. Of course, some of us may not be sleeping before the deals start. The John Lewis sale goes live at midnight. Stores will open early (8am) for people willing to fight through the crowds to the electronics section. [...]
Hornby extends losses despite its boss saying “good progress” is being made on turnaround plan November 24, 2016 Shares in model enthusiasts' favourite Hornby nose-dived over five per cent this morning after announcing static sales and falling profit margins. The figures Six month revenues fell from £22.3m to £21.9m, which led to an underlying loss of £3.6m, slightly more than the £3.4m loss in the same period last year. However, losses could have been worse [...]
Mothercare’s boss isn’t prepared to throw the baby out with the bathwater despite stalling sales November 24, 2016 Shares in high-street darling Mothercare fell over one per cent after its chief exec said both sales and profit margins had "stalled" over the last six months. The figures Half-year UK like-for-like sales fell by 0.7 per cent from £237m to £231m. International like-for-like sales fell by 2.9 per cent but increased in actual currency terms, [...]
PayPoint posts drop in revenue but profits jump in first half November 24, 2016 PayPoint saw revenues dip in the six months to 30 September, but the payment systems company reported increased profits and said this year has been pivotal for its plans to switch focus to the retail market. The figures Revenue was down 1.1 per cent to £101.7m from £102.8m, and net revenue fell 1.5 per cent [...]
Pets at Home has had a furrtastic half-year November 24, 2016 Pets at Home has reported a furr-tastic set of interim results this morning, with like-for-like sales growing 2.5 per cent. The pet business did say recent trading had been weaker than in the first half, but that the profit outlook for 2017 was in line with market expectations. The figures Merchandise sales were up 4.7 per cent in [...]
Nic London says government planning procedures are impeding small housebuilders November 24, 2016 Figures released earlier this month show that nearly 200,000 homes were added to the housing stock in 2015-16 – a good start to delivering the 1m homes the government has pledged this parliament. But more needs to be done if we’re going to continue to build enough houses for our burgeoning population, and we will [...]