Tech enthusiasts plot Black Friday spending spree, planning £425 of purchases November 23, 2016 Tech enthusiasts are planning to go wild this Black Friday, according to a new study. Some 60 per cent of those surveyed by media company Future said they were planning to make a purchase this year, compared with 34 per cent who did so last year. Read more: Morrisons are getting hunks to help lift [...]
Deliveroo denies data hack November 23, 2016 Deliveroo has been forced to deny that it has been targeted by hackers after an investigation found some customers were charged for food they had not ordered. A probe by the BBC's Watchdog show due to be shown tonight, found several examples of customers who were billed hundreds of pounds for food deliveries they did not [...]
How the chancellor can unlock more private capital for infrastructure November 23, 2016 Chancellor Philip Hammond is widely expected to outline a more flexible approach to deficit reduction when he delivers his first Autumn Statement today. Flexibility seems wise, given the scale of uncertainty as the UK prepares to leave the EU. Ministers have identified investment in infrastructure as a means to boost the UK’s competitive standing. In [...]
John Lewis stands firm, resisting growing calls to stop newspaper advertising November 23, 2016 John Lewis is standing firm and refusing to pull newspaper advertising despite increasing pressure to do so. The retailer has emerged as the main target of the Stop Funding Hate campaign – which is calling for brands to pull adverts from the Sun, Daily Mail and Daily Express. Read more: John Lewis resists "Stop Funding [...]
Chapel Down toasts to future success with its best harvest and highest quality fruit yet November 23, 2016 English winemaker Chapel Down toasted prolonged profits today as it announced its most successful harvest yet. The Kent-based winery said although yields were down from expectations, it was still the company's third largest harvest, producing the highest ever quality grapes. Frazer Thompson, chief executive, said he is excited about the potential for higher-quality wines created by the harvest, which he [...]
Ex-Sainsbury’s boss Justin King thinks the price of your weekly grocery shop is about to rise five per cent November 23, 2016 Sainsbury's boss Justin King is one of those retail legends who, like former Tesco chief exec Sir Terry Leahy, had the foresight to get out just as things were about to get hairy. Now King has used that foresight to suggest the price of your weekly shop could be about to leap. In an appearance [...]
Sir Philip Green won’t be giving up his yacht any time soon, the work and pensions committee hears November 23, 2016 Assets owned by Sir Philip Green will not be seized by authorities for some time, as the process to force the former BHS owner to plug the retailer's terminal pension deficit is "very much at the earlier stage". The chief exec of The Pensions Regulator (TPR) Lesley Titcomb answered questions on the failure of BHS in front of the [...]
Uncertainty not totally to blame for UK’s economic problems, says MPC member November 23, 2016 Uncertainty might be causing some wobbles for businesses, but it gets more blame than it deserves, a member of the Bank of England's monetary policy committee (MPC) will say this morning. Speaking at a conference hosted by JP Morgan Cazenove, Kristin Forbes, external MPC member, is expected to say that, while mentions of uncertainty in the likes of [...]
A rising Dow lifts all boats higher around the world’s exchanges as Australian stocks make big gains November 23, 2016 The Dow Jones Industrial Average closed above 19,000 for the first time ever on Tuesday driven by the election of Donald Trump and rising oil prices, leading to continued gains on stocks around the world. As Japanese exchanges enjoyed a public holiday focus turned overnight to Australia, where the S&P/ASX 200 recorded gains of 2.56 [...]