UK companies’ profitability fell in fourth quarter – but rose overall for 2014 April 9, 2015 The UK's private companies experienced a drop in profitability in the last quarter of 2014 – but overall ended the year up. Figures published by the ONS this morning show that non-financial corporations' profitability, as measured by their net rate of return, came in at an estimated 11.9 per cent for the three months to [...]
Election fatigue or just plain bored? Schoolgirl face-desks as David Cameron campaigns April 8, 2015 We've all been there. The guy next to you starts banging on about politics and suddenly you feel an overwhelming urge to rest your eyes, just for a second… and before you know it, you're being rudely waken up after the snores got that little bit too loud. And let's face it, who here [...]
EE launches Wifi Calling service: From Friday you can make calls and send texts on the Tube (but so can everyone else) April 8, 2015 This is either the best thing since sliced bread or the worst news of the year. From Friday, you will be able to make phone calls on the Tube. While that's great news for anyone who's ever got stuck on the Central/Northern/District/all the other lines, it also means you can wave goodbye to the one [...]
Aldi plans store assault on Greater London April 8, 2015 Aldi is planning to open a further eight stores in Greater London this year, creating 600 new jobes, as part of the supermarket's plans to double its presence around the UK. The new stores will be in Enfield, South Norwood, Tooting and Coulson. It will also open in Ewell, Surrey; Dartford in Kent and Essex [...]
Hatton Garden heist: Jewel thieves opened 70 safety deposit boxes as former police chief estimates up to £200m could have been taken April 8, 2015 Police officers have said the jewel thieves who carried out a huge heist in Hatton Garden over the Easter weekend opened up to 70 safety deposit boxes during the burglary. Investigators believe that heavy cutting equipment was used to get into a vault at the Hatton Garden Safety Deposit Ltd, with “a number of safety [...]
Aldi knocks Waitrose off its spot as UK’s sixth biggest supermarket April 8, 2015 Aldi has overtaken Waitrose to become the UK's sixth biggest supermarket. The budget supermarket, which has recorded double-digit sales growth for the past four years, now has 5.3 per cent of the country's spend on groceries, according to Kantar Worldpanel. Waitrose is still in growth – in fact just one of three to see [...]
Holborn fire still causing chaos a week on April 8, 2015 Holborn businesses are still facing huge disruption a week on from the blaze that erupted from an underground tunnel, with power outages and road blocks still affecting the area. Kingsway, Southampton Row and the Strand underpass were still shut this morning as Camden Council continued to investigate the fire, . National Grid has [...]
PwC tells HMRC to pay up 10 years after MG Rover collapse, claiming £56m in overpaid VAT April 8, 2015 PwC is tapping HMRC up for £56m in overpaid VAT, 10 years to the day that the car giant entered administration. The financial services firm, which handled MG Rover's administration and subsequent liquidation, is claiming the taxman received excess payments on vehicles manufactured by the Midlands-based group and supplied to fleet operators “dating back a [...]
Flying Squad called into investigate “huge” Hatton Garden heist April 7, 2015 The Flying Squad has been brought into investigate a “huge” robbery at London's iconic jewellery district Hatton Garden. Police were called in this morning (April 7) after a burgulary took place over the weekend. Around 300 safety deposit boxes are reported to have been taken in the heist. Although police have not [...]
Camden Markets takes step closer to transformation as contracts struck with consultants April 7, 2015 The transformation of Camden Markets into a retail and residential district took a step closer today as the three names behind the development were revealed. Market Tech, the holding company that owns and manages the markets, has struck three contracts that will kick-start work, the first stage of which will be completed by late summer [...]
