EU and Switzerland sign pact for transparency in bank records May 27, 2015 THE EU and Switzerland have signed a deal to stop EU residents holding undeclared income in Swiss bank accounts. The transparency agreement will be introduced at the start of 2018, and from then on Switzerland and the EU will share information relating to the bank accounts of their citizens. This includes names, addresses, birth dates [...]
AG Barr sales lose fizz against Commonwealth games last year May 27, 2015 Irn-Bru maker AG Barr announced yesterday that it plans to expand its state-of-the-art canning plant at Milton Keynes to support future expansion, after reporting a decline in first quarter sales. The Tizer and Rubicon maker, which held its annual general meeting in Glasgow yesterday, said total group sales fell by 1.1 per cent in the [...]
Phoenix and Daisy agree on £135m takeover May 27, 2015 TELECOMS firm Daisy, alongside the private equity firm Toscafund, has agreed a deal to acquire Phoenix. In a statement released yesterday, Daisy said: “Phoenix, Daisy and Toscafund are pleased to announce that they have reached agreement on the terms of a recommended cash offer.” The offer values the managed services and cloud computing firm at [...]
Card Factory sends out cheerful greetings with increase in sales May 27, 2015 DISCOUNT greetings chain Card Factory reported a 7.5 per cent rise in first quarter sales thanks to new store openings and strong growth from its Getting Personal gift website. The Wakefield-based company, started by a husband and wife team from the back of a van, made its market debut in May last year amid a [...]
Stronger UK sales lifts car manufacturers as export markets wane May 27, 2015 A SURGE in demand from the domestic market has helped support British car manufacturers, despite a fall in orders from overseas. The number of cars manufactured in the UK in the first four months of this year was 530,505, according to figures released yesterday by the Society of Motor Manufacturers and Traders (SMMT). It is [...]
Wizz Air results show revenue up 21 per cent May 27, 2015 WIZZ Air yesterday announced a 21 per cent rise in revenue for the year ending 31 March. The low cost airline brought in €1.27bn (£900m) in revenue in the year. Ticket revenue increased by 20 per cent to €794m. Wizz Air delivered a profit for the year of €183.2m, an 109 per cent rise. After [...]
Synergy shares slump amid concerns Steris deal will be blocked May 27, 2015 SHARES in the health outsourcing firm Synergy Healthcare saw sharp losses yesterday as reports circulated that US authorities were going to block its proposed takeover by Steris, a rival American company. The FTSE 250 company’s shares finished the trading day down 15.8 per cent, to 1,822p, having recovered slightly from the day’s low of 1,720p, [...]
Julie Dedman joins Obtala Resources May 27, 2015 THE AIM -listed agri-business Obtala Resources has hired Julie Dedman as a consultant and strategist. Dedman is an established name in the field, having started her first business in 1984, and now runs nine different enterprises in areas like food manufacturing, facilities management, and manufacturing instruments for surgical ophthalmology. Dedman has also set up the [...]
Miranda star a crowd pleaser May 27, 2015 SALLY Phillips, who plays the ditzy upper-class Tilly in the BBC television series Miranda, is throwing her celebrity behind a fundraiser for independent charity Me too & Co, to raise at least £10,000 in 45 days with crowd funding group CrowdShed. Sally is Patron of Me too. The charity provides free support and activities in [...]
More ale drinkers turn blonde May 27, 2015 Raise a glass this weekend to the new generation of lighter blonde, golden, and pale ale drinkers, who have lifted the sales of this glistening libation by 27 per cent over the past five years. Research from Nicholson’s Pubs, owners of The Coal Hole in London’s Strand and 80 others in the UK, say traditioinal [...]
