Alton Towers parent Merlin Entertainments says resort theme parks declines “narrowed”, months after Smiler crash December 1, 2015 Alton Towers parent company Merlin Entertainments is on track for full year results in line with expectations, as declines in its resort theme parks division start to narrow. The business said trading at its flagship theme park "remained significantly below the prior year", but there had been an improvement in trading more recently thanks to a [...]
Monitise’s share price drops as chief financial officer Brad Petzer steps down December 1, 2015 Monitise has lost yet another member of its senior management team, prompting its share price to dip this morning. Chief financial officer Brad Petzer is planning to step down from the role, which he has held since April 2013. Petzer will leave the board with immediate effect, though will remain with the company until a replacement [...]
Bank of England stress tests: RBS and Standard Chartered flagged for “capital inadequacies” as Bank warns new capital requirements could be introduced next year December 1, 2015 British banks could be required to bolster their capital reserves by billions of pounds as soon as next year, the Bank of England said this morning, as it revealed that two of the country’s largest lenders had narrowly avoided failing its latest round of stress tests. The Bank is actively considering raising the so-called countercyclical buffer, [...]
Black Friday 2015 UK: Currys PC World has already had a record-breaking start to the deals day November 27, 2015 Currys PC World has reported its best-ever start to Black Friday, with more than seven million shoppers visiting its site already this week and eight items being sold every minute so far this morning. Yesterday's traffic to the electricals specialist almost matched that of Boxing Day last year – typically retailers' busiest day in the [...]
Brown Thursday, Black Friday, Super Sunday, Cyber Monday 2015: When are the best deals going to be on offer? November 27, 2015 The UK has finally woken up to the pre-Christmas sales bonanza that has been building in the US for many years. Cyber Monday was the first to hit our shores, and, since 2009, has been the biggest single online sales day in the UK. But this year other US imports are gaining traction. What [...]
Black Friday 2015 UK: John Lewis staff banned from using discounts on sales items November 27, 2015 John Lewis has banned employees from using their staff discounts on its Black Friday promotions online. Although staff are allowed to make use of their partner discount – 12 per cent off electricals and 25 per cent on other goods – in store, they have been blocked from using it online. The department store told This [...]
Black Friday 2015 UK: Fewer fights – but also fewer deals reported by shoppers as Tesco turns away non-Black Friday bargain hunters November 27, 2015 Bargain hunters are experiencing a less stressful Black Friday so far – but they are also reporting fewer must-have deals on sale, as retailers attempt to keep better control on things than last year. Last year stores including Tesco opened their doors at midnight – this year those participating in Black Friday today opened at [...]
Black Friday 2015 UK: Police in Scotland and Manchester warn over deal scams and bargain hunter violence November 27, 2015 Police have warned bargain hunters to be vigilant on Black Friday, claiming they could become victims of online scams – or in-store violence – on what is set to be the biggest shopping day of the year. Police in Greater Manchester have told shoppers that they must check they are not being ripped off before [...]
Alliance Trust chair Karin Forseke steps down November 27, 2015 The chair of troubled investment vehicle Alliance Trust is stepping down at the end of this year, as part of an overhaul of the company's management structure. Karin Forseke will step down from the board on 1 January 2016 amid a move to "create a wholly independent board". Chief executive Katherine Garrett-Cox has already left [...]
Black Friday sales 2015 UK: The best deals and offers from John Lewis, Amazon, Tesco, Currys PC World and Sainsbury on 27 November November 27, 2015 Retailers have been building up to Black Friday for months – now it's finally here and the best bargains have gone on sale. There's plenty of deals to choose from, ranging from electricals and homeware to fashion and sporting goods. Here's our round-up of the best the high street (and online) has to offer today. John [...]