Savile Row Huntsman cutter is tailor made for a part in new Take That video January 19, 2015 It’s not every day you find yourself at the centre of a music video, especially one for an upcoming Hollywood blockbuster. But that’s exactly where Savile Row cutter Pat Murphy found himself when Take That showed up to film the latest video for their new single, Get Ready for It. Murphy, a 30-year tailoring veteran [...]
Finsbury Foods share price soars as Disney Frozen cakes remain Christmas hit January 19, 2015 Disney’s Frozen cakes usually fly off the shelves for birthdays, but their success this Christmas helped sales soar at Finsbury Foods. The cake and bread manufacturer said total sales in the first half to 27 December jumped 24 per cent to £107.6m, thanks to strong demand for the Disney-themed sponge as well as its seasonal [...]
Ukip supporter Andrew Perloff launches cut-price bid for Beales January 19, 2015 Andrew Perloff, the Ukip-supporting property investor, has launched a cut-price takeover offer for Beales department stores six months after his representative was ousted from the board. Perloff’s group Panther Securities holds a 29.72 per cent stake in the 134 year-old retailer, and owns the freeholds of 11 of Beales’ 30 stores. Last year, a fall-out [...]
Naked Wines to pour £70m into its independent winemakers January 19, 2015 Naked Wines said it will pour £70m of funding into its independent winemakers this year after enjoying a bumper Christmas and growing its community of angel investors. The boutique online retailer, whose customers, or angels, invest over £2m each month towards future orders, said group sales were up nearly 40 per cent over the Christmas [...]
Cameron renews election jobs promise of full employment January 19, 2015 DAVID Cameron has vowed to create “full employment” in Britain if he wins the next general election, ensuring everyone who wants a job can get one. “The ambition for full employment is that anyone who wants a job should be able to get a job, and we want to see our employment rate, which is [...]
Phoenix Equity Partners buys up Bridge Leisure January 19, 2015 Mid-sized private equity firm Phoenix Equity Partners has purchased the holiday leisure park company Bridge Leisure, alongside the current management team led by chief executive Andrew Howe, Phoenix announced yesterday. As part of the sale, Bridge Leisure is simultaneously acquiring Silver Sands Holiday Park which is located near Lossiemouth in Scotland. Phoenix will provide funds [...]
Hyperion Insurance Group IPO: Float is on back burner but boss says it will list in future January 19, 2015 Hyperion Insurance Group’s chief executive David Howden has reiterated his commitment to pursuing a stock market listing for the company, but admitted that it is not on the immediate agenda for the group. He made the comments after announcing the international insurance firm’s full year results for 2014, which saw revenue increase by 19 per [...]
Kier Group’s 2015 international contracts already total £145m January 19, 2015 CONSTRUCTION firm Kier Group announced yesterday that it has been awarded over £145m of new construction contract awards in the Middle East since the start of the year. In Dubai, the property, residential, construction and services group has been named preferred bidder for a £100m mixed-use development and two infrastructure contracts totalling £15m. Meanwhile, the [...]
Mobile payments? Genetically modified foods? Britain’s trust in new technology trailing behind January 19, 2015 Trust in new technologies being developed by Britain’s burgeoning tech sector fell last year as consumers were put off by the pace of change and businesses which failed to reassure them that new innovations are safe. Nearly half of UK consumers (49 per cent) believe that innovation by businesses is happening too quickly, with mobile [...]
Christmas cheers up Greene King after gloomy sales year January 19, 2015 Suffolk-based pub chain and brewer Greene King revealed yesterday it saw restrained like-for-like sales growth of 0.6 per cent in first the 36 weeks of its year, despite a two per cent sales boost over the Christmas period. The company underperformed in Scotland over the six-week festive period due to a combination of the country’s [...]