Eagle Eye wins Sainsbury’s vouchers deal July 7, 2015 EAGLE Eye Solutions, a retail and hospitality voucher firm backed by Sir Terry Leahy, saw shares jump 7.3 per cent yesterday after striking a deal with the ex-Tesco boss’s former supermarket rival Sainsbury’s. The company, which floated on Aim last year, will handle all of Sainsbury’s digital offers and vouchers using its so-called AIR platform, [...]
Shop prices fall as retailers woo shoppers with summer offers July 7, 2015 Shop prices fell in June for the 26th consecutive month albeit at a slower rate, as retailers continue to battle to win over shoppers. Prices fell by 1.3 per cent on the year, so said the British Retail Consortium (BRC) and Nielsen, from the 1.9 per cent drop for May. Food prices fell by 0.4 [...]
Bumper box office takings for Cineworld July 7, 2015 MARVEL’S Avengers, Jurassic World and the erotic drama Fifty Shades of Grey helped boost Cineworld’s revenues by 11 per cent in the UK and Ireland for the first half of the year to 2 July. The chain expects more good news from the Star Wars and James Bond films slated for release soon.
Rebound in the confidence of London firms after General Election July 7, 2015 London business confidence has rebounded after the General Election, new survey figures show. However, large sectors of the national economy are still struggling for momentum. An improvement in economic growth over the next year is expected by 49 per cent of London business leaders, according to a survey from the London Chambers of Commerce and [...]
Economists say UK growth set to bounce back July 7, 2015 THE ECONOMY is set to grow at a quicker rate than at the start of the year, a think tank has said. The economy grew by 0.4 per cent in the first three months of the year, but the National Institute of Economic and Social Research yesterday said it expects it to quicken to 0.6 per [...]
Sepura radios in record revenues July 7, 2015 SEPURA posted record revenues for the latest financial year, in results announced yesterday. Its results for the year ended 27 March showed a 12 per cent increase in takings, up to €131.2m (£93m). The Cambridge-based firm has seen a 20 per cent rise in adjusted operating profit to €15m, despite turmoil in the foreign exchange [...]
BBC launches pocket-sized kids computer July 7, 2015 THE BBC has partnered with major firms like Barclays and ARM to release the Micro:bit. The pocket- sized computer will be given free to 11 and 12 year-olds to encourage creativity in computing from a young age, and build skills.
Brewer toasts strong first half ahead of the Rugby World Cup July 7, 2015 BRITISH pub chain Young & Co’s Brewery toasted a strong start to the year at its annual general meeting yesterday. Chairman Nick Bryan reported that trading in the current year “has started well, with managed house sales for the first 13 weeks up 8.3 per cent in total and up 5.6 per cent on a [...]
UK funds sector falling behind the global pack July 7, 2015 THE UK fund management industry is lagging the rest of the world in the battle to attract investors’ cash, a study showed yesterday. Britain was one of only two major territories in the world to see an outflow of money from funds last year, figures from Boston Consulting Group show. The other was France. Money [...]
New Balance’s hipster name putting spring in its stride – Brand Index July 7, 2015 New Balance’s brand has undergone something of a transformation in recent years. Now, company bosses want more. Their ambitious aim is to become a top three global athletic brand. They are targeting the market share of Puma above others, as they see them as a close rival. Is this achievable? And what does YouGov BrandIndex [...]