Pepper Pig sends entertainment one soaring January 27, 2015 Peppa Pig, owned by Entertainment One, is on track to deliver sales growth of 100 per cent in 2015 with $1bn in retail sales the firm said yesterday. “We’re launching this year in Walmart and Target in the US and the team has been over in China and Asia doing deals in those territories, so [...]
Job hunter back at Waterloo and now he’s hiring January 27, 2015 BACK in August, new graduate Alfred Ajani was struggling to find a job. Having finished a sports marketing degree at Coventry University three months earlier, Ajani says he had submitted 300 job applications, but had yet to receive an offer he was interested in. So en route to a job interview, he took 45 minutes [...]
Bain Capital swoops on historic British car parts manufacturer TI Automotive January 27, 2015 The US private equity outfit founded by former Presidential candidate Mitt Romney yesterday snapped up a century-old British car parts maker. Bain Capital, which has a substantial London presence, has bought TI Automotive, which makes parts for Europe’s leading car manufacturers. Terms of the deal were not disclosed but the transaction is thought to be [...]
Low interest rates and less tax to fuel home demand January 27, 2015 The mortgage market saw a slowdown at the end of 2014 but is expected to stage a rebound this year. The number of house purchase approvals was nine per cent higher in 2014 compared to 2013, according to figures released yesterday by the British Bankers’ Association (BBA). However, the value of mortgages for house purchase [...]
Crest Nicholson’s 2014 results put it in a strong position for year ahead January 27, 2015 PROPERTY developer Crest Nicholson reported a 21 per cent increase in revenue during its annual results for the year ending 31 October to £636m which translated to a 34 per cent increase in profit before tax of £116m. The company said the prospect of strong cash generation over the next three years meant it would [...]
Dividends on the rise at British Land as occupancy rates grow January 27, 2015 British Land has said it will raise its dividend by 2.5 per cent to 6.9p per share on the back of strong trading figures for the quarter ending 31 December 2014. Total occupancy for its retail and office divisions at the end of the quarter was 97.8 per cent an increase of 0.7 percentage points [...]
Revenue drops at Foxtons as London cools January 27, 2015 TRENDY high street estate agency Foxtons saw its shares surge 11.8 per cent yesterday shaking off an early dip of 2.4 per cent in early trading. The upmarket estate agent – known for its trendy Minis and even trendier, bar-like offices – has posted fourth quarter results showing revenues fell 12 per cent in the [...]
Rightmove and Zoopla gaining after rival’s launch brushed off January 27, 2015 PROPERTY portal Zoopla was the darling of the FTSE 250 again yesterday, soaring 12 per cent after rival OnTheMarket’s website launch on Monday was widely seen as a damp squib. Many had worried that OnTheMarket (OTM), which bans participants from advertising properties with more than one rival website, would be bad news for Zoopla, pushing [...]
Hewlett-Packard packs its bags for new flagship office in the City at 1 Aldermanbury Square January 27, 2015 Hewlett-Packard is set to move hundreds of staff to a new London head office in the Square Mile. The US tech firm said yesterday it has agreed to lease the whole of 1 Aldermanbury Square near London Wall from Epic UK, the property company run by brothers Michael and Steven Elghanayan. It has taken a [...]
Optimism fails to head back to summer highs January 27, 2015 CONSUMER confidence picked up in January, but still remains subdued compared to 2014, new data show. The consumer confidence index published by YouGov and the Centre for Economics and Business Research (CEBR) rose to 110.7 in January, according to figures released today. It marks a slight improvement from December’s 109.7 figure. The survey’s average value [...]
