Walmart results: Asda third quarter sales drop as parent company’s performance improves November 17, 2015 Asda's chief executive Andy Clarke will be coming under greater pressure, as the troubled supermarket reveals another drop in sales. Back in August, Clarke said the supermarket had reached its nadir – but today it appears to have fallen further. Like-for-likes at the Walmart-owned grocer fell 4.5 per cent for the 13 weeks to 30 September. That [...]
Boris Johnson has just discovered Crossrail 2 route will go under his house – in an automated letter he sent to himself November 17, 2015 London Mayor Boris Johnson has just found out that the proposed route for Crossrail 2 will go 20 metres under his £3m Islington town house – discovering the news in an automated letter he sent out himself. Johnson, who in his mayoral role chairs Transport for London, said he was "very apprehensive" about the news – [...]
Sharm el-Sheikh crash: Metrojet A321 flight 7K9268 was brought down by bomb, Russian President Vladimir Putin admits November 17, 2015 Russia has offered a $50m reward for information that helps catch the culprits behind the bombing of Metrojet A321 flight 7K9268, having finally acknowledged it was an act of terror. Alexander Bortnikov, director of the security service FSB, said an improvised explosive device weighing up to 1.5kg went off on board the plane, bringing it down [...]
Kantar figures show Aldi and Lidl combined now account for 10 per cent of UK grocery market November 17, 2015 Budget supermarkets Aldi and Lidl now account for 10 per cent of all spend on the British grocery market for the first time since they launched in the country, new figures reveal. The two grocers have stolen market share from the more established supermarkets in a short period of time. Just three years ago, their [...]
Two women reported dead as earthquake registering 6.7 magnitude hits off Greek island Lefkada November 17, 2015 Update: Two women are reported to have died after an earthquake registering 6.7 magnitude struck off the Greek island of Lefkada. The earthquake occurred 10 kilometres below the Earth's surface, the US Geological Survey reported initially, later revising this to a depth of five kilometres, and a higher reading of 6.8 magnitude. The quake happened at around [...]
Paris attacks: Police arrest five near Aachen, as France makes further 128 raids overnight; EU indicates support after France’s historic request for aid November 17, 2015 German police have arrested five people near Aachen, in an operation linked to the attacks in Paris on Friday evening. The arrests took place in two stakes: the first, in which two women and a man were arrested, took place at a jobcentre around 9:30 this morning while the second occurred this afternoon. At least three [...]
EasyJet share price falls despite hiking dividend as profits reach record levels for fifth year in a row November 17, 2015 EasyJet's share price dropped this morning, despite giving its shareholders a 22 per cent hike in dividends as it delivered another set of record profits. The figures Total revenue climbed 3.5 per cent to £4.69bn, while revenue per seat grew 1.5 per cent on a constant currency basis. Cost per seat, meanwhile, has fallen 3.4 per [...]
Black Friday 2015 UK: Retailers must ensure their employees do not take all the best deals ahead of other consumers to “resale” items at a profit November 16, 2015 Black Friday is almost upon us and with such a buying frenzy, retailers and consumers should have their eyes open to the risk of fraud. Consumers face the risk of bogus websites and online scams; and retailers are also exposed to increased risk, from amongst their own ranks. A significant amount of retail fraud comes [...]
Paris attacks: Air France, Ryanair, EasyJet, ICA share prices fall in wake of Islamic State attack on French capital November 16, 2015 Airlines' share prices were down on Monday, the first day of trading since the terrorist attacks in Paris on Friday night, in which 129 people were killed. Asia Pacific-listed airlines were the first to feel the brunt, amid concerns over consumer reactions to the coordinated series of attacks, in which gunmen targeted a music venue, a [...]
Travel disruption on London Overground between Willesden Junction and Shepherd’s Bush after digger incident November 16, 2015 A section of the London Overground was shut off this morning, after a digger pulled down overhead wiring on the line over the weekend. There was no service between Willesden Junction and Shepherd's Bush this morning, with Transport for London instead operating a rail replacement bus service between the two stations, in both directions. The bus runs [...]
