HMV beats Amazon and reclaims top spot as Britain’s biggest retailer of physical music January 16, 2015 HMV is making a comeback on the high street, reclaiming the top spot as the UK's biggest seller of physical music, with vinyl sales soaring to their highest in over 20 years. Total sales climbed to £365.7m in the year to December, up from £311.2m from the same period the previous year. Like-for-like CD sales [...]
Cereal Killer cafe to open up second branch in Camden January 15, 2015 Camden is about to be hit with one of the stranger business offerings to come out of trendy Shoreditch. The Cereal Killer cafe, which offers over 100 different types of cereal, with 13 varieties of milk and 20 toppings is looking to expand. The cereal-only cafe, which is owned by brothers Gary and Alan Keery [...]
Labour will ban children’s favourite fatty foods and make alcohol more expensive January 15, 2015 Labour will ban a host of fatty foods and make some kinds of alcohol more expensive if it wins the next election. Shadow health secretary Andy Burnham will outline a series of proposals in a speech later today, setting out Labour's policy on public health. A Labour government will set maximum limits on the amount [...]
Primark sales soar 15pc but Associated British Foods warns lower sugar prices will hit profits January 15, 2015 Primark will not do enough to offset the fall in sugar prices and currency headwinds for parent company Associated British Foods, which is expecting a "marginal decline" in adjusted earnings per share for the year. Total revenues at ABF grew three per cent for the 16 weeks to 3 January, with Primark providing the bulk [...]
Tullow Oil writes off $2.3bn as falling oil price takes its toll January 15, 2015 The figures Africa-focused Tullow Oil has had announced it has written off billions of dollars of exploration work and assets. Tullow has written off $2.3bn and expects to cut its capital expenditure to $1.9bn. This means a downsizing of the exploration budget by $200m. Why it's interesting Oil companies are having a rough time at [...]
BP axes 300 North Sea oil jobs January 15, 2015 Oil giant BP has told staff today that it is shedding 300 positions at its North Sea operation. BP will cut 200 jobs and 100 contractor roles. The briefing, which was be held in Aberdeen, comes after the FTSE 100 company announced in December that it would look to restructure in the wake of the [...]
Bitcoin crashes below $200: Here’s what you need to know January 14, 2015 The price of cryptocurrency Bitcoin has fallen through the floor, touching lows of $173. The troubled digital currency has lost 30 per cent of its value in just two days. Bitcoin has suffered something of a fall from grace after reaching highs of $1,000 and winning a host of fans among businesses and entrepreneurs. A [...]
How are those New Year’s resolutions going? 5 ways to stay on track January 14, 2015 Ok. So this is 2015. Week three. Work is awfully real. The Christmas holidays are a distant memory, the aftermath of the Christmas office party survived… but what about those fervent, hangover-fuelled New Year resolutions? Like most people, you probably chose something from the standard three tabled buffet of New Year’s Resolution categories: 1. Losing [...]
