Whistles recorded a £2.9m loss before its takeover by South Africa’s Foschini Group earlier this year November 13, 2016 Upmarket womenswear retailer Whistles recorded a loss of £2.9m ahead of its takeover by South Africa’s Foschini Group in March. Accounts filed at Companies House show that in the 12 months up to 30 January, Whistles's earnings before interest, taxes, depreciation and amortisation (Ebitda) fell from a profit of £1.9m in 2015 to a loss of [...]
Two people dead following New Zealand earthquake November 13, 2016 Two people have died following the earthquake which struck New Zealand at around midnight local time. The deaths were confirmed by the country's Prime Minister John Key. The earthquake was centred around the Christchurch area which was previously hit by a quake in 2011 that left many dead and the city badly damaged. It was followed by a series [...]
Channel Tunnel worth £91.4bn in UK/EU trade, as analysts allay Brexit fears November 13, 2016 The Channel Tunnel is responsible for £91.4bn in imports and exports each year, as analysts predict that this trade link will continue to benefit the UK economy, regardless of Brexit. In a report entitled Economic Footprint of the Channel Tunnel, Ernst and Young researched the total economic value of the 22-year-old Tunnel, and found that it [...]
Trump latest: Five things you need to know on Sunday November 13, 2016 Five days in and the world is still absorbing the surprise news of Donald Trump being elected the 45th President of the United States of America. Here's everything you need to know on the latest reactions and developments waking up on Sunday morning. Nato chief speaks The head of Nato, the global security group which Trump [...]
Part-fence, part-wall? Donald trump speaks on US-Mexico border plans November 13, 2016 Donald Trump has admitted that his ambitious and contentious plans to build a wall along the US-Mexico border could, in fact, be built of "some fencing". Speaking to CBS's 60 Minutes show, the President-elect said: "For certain areas I would, but certain areas, a wall is more appropriate. I’m very good at this, it’s called construction." [...]
Airline industry looks for assurances from government over Open Skies agreement in wake of Brexit turbulence November 13, 2016 Around 20 representatives from the aviation industry will sit down with the government tomorrow to air their concerns and discuss opportunities post-Brexit vote. In a meeting with the Department for Exiting the European Union (DExEU), they will stress the importance of a deal with Brussels, as many jitters remain as to what a post-EU Britain will look [...]
Remembrance Day in pictures November 13, 2016 Remembrance Sunday was marked by a two-minute silence across the country as veterans, serving military personnel, politicians and royalty commemorated the fallen at services. At the Cenotaph in Whitehall, the Queen led the service laying a wreath at the statue, with Princes William and Harry who have both served in the army also paying their respects in the [...]
EasyJet set for low-flying results as sterling slump post-Brexit packs a punch November 13, 2016 Another week, another airline braced for its results to take a hit thanks to the summer slump in sterling. EasyJet's due to unveil its full-year results on Tuesday and investors are expecting a sharp drop in profits after the fall in value of the pound and terrorist attacks at some of its key holiday destinations. The [...]
Sir Stuart Rose: The next revolution in retail is data-based, personalised services, and the UK is at the vanguard November 13, 2016 NULL