Marks & Spencer seeks customer loyalty with digital coffee app trial January 21, 2015 Marks & Spencer's chief executive Marc Bolland knows something about the power of loyalty. In his case it's shareholder (and staff) sticking with him despite three and a half years-worth of consecutive declines in clothing sales. But the business is also awakening to the fact it's quite helpful if your customers are loyal, [...]
Standard & Poor’s partially suspended and fined £53m over “fraudulent misconduct” for mortgage-backed securities ratings January 21, 2015 Standard & Poor's has been fined nearly $80m (£53m) and suspended from rating certain kinds of mortgage-backed securities by the Securities and Exchange Commission to settle a case of “fraudulent misconduct”. In the first case of its kind, S&P has paid the SEC a $58m settlement. In addition it has paid out $19m to [...]
Two of the big four supermarkets pay less than the cost of production for milk, Sainsbury’s advert claims January 21, 2015 Sainsbury's has revealed how much supermarkets pay farmers for milk- and claims that at least two of the big four stump up less than the cost of production. The figures have been released as part of the grocer's latest ad campaign, which claims that “at Sainsbury's we support our British fresh milk farmers,” asking [...]
Davos according to TripAdvisor… Which hotels, restaurants and attractions to avoid while at the World Economic Forum 2015 January 20, 2015 The world and his cat are heading to Davos this week, but if you've been too busy dealing with the Swiss franc fracas or China's crawling economy, fear not. Here's our top tips on where to avoid, what not to do, and where to run screaming from, courtesy of Trip Advisor's review system. You should [...]
Man arrested after two women left hospitalised by falling object on Eldon Street in the heart of the City January 20, 2015 A man has been arrested after two women were seriously injured when a section of scaffolding fell on them as they walked down a City street today. An object – said by witnesses to be a metal pole – fell on the two women who were walking down Eldon Street, near Liverpool Street station, [...]
Piescraper: London skyscraper Can of Ham gets boost as building deal signed after six year hiatus January 20, 2015 We've got the Gherkin; we've got the Cheesegrater; we've got the Kettle. Now London's skyline could be about to add another delicious-sounding skyscraper to its line up. The Can of Ham building, designed by architects Foggo Associates, looks to be back on track after a six-year hiatus. Trade journal Construction News reports that [...]
Kitchen Nightmare: Celebrity chef Gordon Ramsay loses High Court battle over father-in-law forgery claims January 20, 2015 Celebrity chef Gordon Ramsay has lost a High Court battle with his father-in-law, over the rent of a £640,000-a-year London pub. Ramsay had claimed that Christopher Hutcheson had used a “ghost-writing” machine to forge his signature on a property deal for the York & Albany Pub near Regent's Park without his authorisation. The [...]
The Co-op Bank puts pay-day lenders, irresponsible gamblers and tax avoiding firms on its naughty list as it updates its ethical policy January 20, 2015 Irresponsible gambling firms, pay day lenders and companies “which do not responsibly pay tax in the UK” have been put on the Co-operative Bank's new naughty list of firms it will not finance. As part of an extended ethical policy, the bank will also detail how it operates, covering everything from the products and [...]
The Co-op Bank puts pay-day lenders, irresponsible gamblers and tax avoiding firms on its naughty list as it updates its ethical policy January 20, 2015 Irresponsible gambling firms, pay day lenders and companies “which do not responsibly pay tax in the UK” have been put on the Co-operative Bank's new naughty list of firms it will not finance. As part of an extended ethical policy, the bank will also detail how it operates, covering everything from the products and [...]
William Hill shares fall despite posting record results January 20, 2015 William Hill's share price fell more than 5.5 per cent in early trading this morning, despite posting a record year's results. The figures Profits for the 52 weeks to December 30 rose 11 per cnet year on year to £371m, as revenue climbed eight per cent. The growth came from its online arm, which [...]
