Morrisons third quarter results: Sales fall again but chief executive David Potts remains upbeat November 5, 2015 Sales continue to fall at troubled supermarket Morrisons – but the new team headed by David Potts are putting a brave face on the turnaround process. The figures In the 13 weeks to 1 November, total sales excluding fuel were down two per cent, while like-for-like sales dropped 2.6 per cent. The supermarket, which is at the beginning of [...]
Why is the Federal Reserve reluctant to raise interest rates? After six years of growth, the US economy still has problems to solve November 4, 2015 It has been six years since the U.S. economy left recession and in that time the world’s economy has continued to see its position improve. However, with interest rates still at record lows and no sign of a move in sight, is the world’s largest economy really out of the emergency room? The U.S. economy [...]
Christmas adverts 2015: Here are some of the best spots so far from Lidl, Asda, TK Maxx, PayPal and Mulberry November 4, 2015 We're just a few days into November but the clash of Christmas retailer ads has already begun, with a plethora of festive spots being released in the last couple of days. Watch: The 2015 John Lewis Christmas advert finally released The biggies are yet to drop – most notably John Lewis, which is artfully building [...]
Black Cabs, Underground posters and the Tube map top the list of London’s most iconic transport designs November 4, 2015 Life-long Londoner, city adoptee or just passing through: whatever your relationship with the British capital, it conjures up a strong set of images. Not least when it comes to our transport. Love it or loathe it (I think we know which one) our daily commute gets imprinted on our brain, and with it the iconic designs [...]
Christmas 2015: These are the must-have toys your children are going to demand this year November 4, 2015 With less than two months go until Christmas Day, the list all parents are clamouring to get their hands on has been released – these are the top 12 toys for 2015. And while many of the must-have presents have a distinctly modern theme, there's also a retro undercurrent, with three of the top spots being taken [...]
Million Mask March London 2015: Police impose widespread restrictions around Anonymous protest amid fears of violence November 4, 2015 The Metropolitan Police has issued a stark warning to protesters planning to take part in the Million Mask March on Thursday (5 November of course), amid fears it could descend into violence. The protest is being organised by hactivist group Anonymous. Participants are invited to wear "white judicial wigs, black robes and Anonymous masks" and meet at the Ecuadorian [...]
Wetherspoon’s share price tumbles as boss Tim Martin warns Living Wage costs could lower pub chain profits November 4, 2015 Wetherspoon's share price tumbled this morning after boss Tim Martin warned that rising labour costs could result in lower annual profits, with margins falling in its first quarter. The figures The pub chain grew like-for-like sales 2.4 per cent in the 13 weeks to 25 October, while total sales rose by 6.1 per cent, buoyed by the Rugby [...]
Marks & Spencer’s share price climbs as retailer increases dividend despite clothing sales declining again November 4, 2015 Struggling high street giant Marks & Spencer has recorded yet another period of declines in its general merchandise division – but has handed shareholders an incentive to stick with it in the form of a dividend hike. The figures Top line figures suggest there is a slight improvement in performance, with group sales up 1.4 [...]
London house prices: Renting in the capital? These are the best postcodes to find a flatshare in London, based on supply and cost-per-month November 3, 2015 Renting in London? You're not the only one. More and more of the capital's population are living in shared flats and houses – but it's been leading to some pretty extreme situations. There's been a mattress in a cupboard in Clapham, on offer for a snip at £500 a month (excluding bills). Then there was the [...]
