School holiday season boosts retail figures at Birmingham Bullring operator Hammerson August 4, 2015 The start of the school holiday season helped drive a sharp rise in retail sales in July, according to one of Britain’s biggest shopping centre owners. Hammerson, which owns the Bullring in Birmingham as well as north London’s Brent Cross shopping centre, launched the Hammerson Retail Tracker — or HART — earlier this year to [...]
Almacantar to Shell out £550m on iconic office August 4, 2015 CENTRE Point owner Almacantar has bought part of Canary Wharf Group and Qatari Diar’s controversial Shell Centre scheme on London’s South Bank, which faced opposition last year for obstructing views of the Houses of Parliament. The developer has spent over £550m buying One and Two Southbank Place in Waterloo, making it one of the largest [...]
Cost of weekly grocery shop falls in July August 4, 2015 THE COST of the average weekly grocery shop fell by one per cent in July to £86.11 compared with the previous month, saving customers 73p according to groceries website MySupermarket
Jerky Group and Cruga form beef snacks empire August 4, 2015 THE JERKY Group has merged with biltong and meat snacks-maker Cruga to create the largest beef snack manufacturer in Europe with combined turnover of around £12m. Founded in 2000, The Jerky Group’s brands include Wild West Jerky, Hogbites pork crackling and BullOx Biltong. It also produces Dragon’s Den entrepreneur Joe Walters’ beef jerky brand Texas [...]
Heineken proves a good sport after profits beat expectations August 4, 2015 Dutch brewer Heineken is counting on its sponsorship of the Rugby World Cup to help boost sales in the second half after posting better-than-expected profits in the first six months of the year. Organic revenues rose two per cent to €10.9bn (£7.7bn) thanks to double-digit volume growth of higher-margin brands including Desperados and Sol Premium. [...]
Canary Wharf will rock you in tribute to Queen’s greatest hits August 4, 2015 CANARY Wharfers may have already been to a few events in Canada Square this summer, as the poor souls who’ve been stuck in the office all summer have been treated to a month of concerts – part of the finance hub’s Twilight Delights festival. Tonight, fans of classic 70s and 80s rock will be treated [...]
Big businesses book out British Beer Festival August 4, 2015 IN A sea of swanky bars, makeshift beaches and immersive cocktail experiences, it’s refreshing to see that London firms are sick of trendy gimmicks, flocking instead to west London to celebrate the simple joys of a British pint. Next week, Kensington Olympia plays host to the Great British Beer Festival, and real ale campaigners Camra [...]
Easyjet crew lift strike action threat August 4, 2015 Fasten your seatbelts. The threat of industrial action at budget airline EasyJet has been averted after cabin crew voted to accept a pay offer. The deal includes a two-year pay award of 4.1 per cent for cabin crew and 5.1 per cent for cabin managers backdated to January 2015. Holiday pay allowance has also been [...]
Greek stocks dive on reopen August 4, 2015 GREEK shares plunged 16 per cent yesterday as the Athens stock exchange opened for the first time in five weeks. The rout was led by bank shares. The country’s four biggest lenders – the National Bank of Greece, Alpha Bank, Eurobank and Piraeus Bank – registered near-30 per cent losses. “People want to get out [...]
Osborne starts to offload RBS with £2bn sale August 4, 2015 MINISTERS last night fired the starting gun on returning Royal Bank of Scotland (RBS) to private hands, offloading a £2bn stake in the bank seven years after it was rescued by taxpayers. The government is selling a 5.2 per cent of the high street lender, equivalent to 600m shares, to take its interests down to [...]
