Ocado trading strong over festive period January 12, 2012 Online grocer Ocado reported a 16 per cent rise in sales in December, a slowdown from the 26.7 per cent posted a year ago, but said its focus on service and an absence of 2010’s snow helped it deliver nearly all orders on time. The company, which mostly sells the products of high-end supermarket chain [...]
Tesco hit by dismal Christmas January 12, 2012 Tesco, Britain’s biggest retailer, reported its worst Christmas sales performance for decades on Thursday and warned it would see minimal profit growth next year as it invests in winning back shoppers. The world’s third-largest stores group said on Thursday it now expected minimal trading profit growth for 2012/13 against analysts’ forecasts for a 10 percent [...]
Home Retail to slash dividend as Argo sales plunge January 12, 2012 Home Retail, Britain’s No. 1 household goods retailer, said it anticipated a significant cut in its full-year dividend as it posted a further slump in sales at its Argos business over the Christmas trading period. The firm said on Thursday the trading environment had been both “volatile and demanding” and forecast at year to end-February [...]
RBS to cut 3,500 investment banking jobs January 12, 2012 Part-nationalised Royal Bank of Scotland is to cut about 3,500 jobs as it sells and shrinks parts of its investment bank over a three-year plan to further reduce risk. RBS, 83 per cent owned by the government, said it will exit from cash equities, corporate broking, equity capital markets and mergers and acquisitions businesses. It [...]
WHITE HOT January 11, 2012 Spurs move within three points of league leaders Man City after beating Everton but boss Redknapp insists a top four finish remains his main objective TOTTENHAM 2 vs EVERTON 0 TOTTENHAM manager Harry Redknapp is stubbornly refusing to dream of ending the club’s 51-year wait to win the top-flight title — and says he will [...]
Gerrard puts Liverpool on verge of Wembley return January 11, 2012 MANCHESTER CITY 0 vs LIVERPOOL 1 LIVERPOOL captain Steven Gerrard accused Manchester City manager Roberto Mancini of hypocrisy after putting his side within touching distance of Wembley by scoring the only goal of last night’s fractious Carling Cup semi-final first leg. The England midfielder capped a fine all-round display with the 13th minute penalty that [...]
Hughes: I’ve learned from my City mistakes January 11, 2012 QUEENS PARK RANGERS manager Mark Hughes insists he has no apprehension about working in conjunction with the club’s charismatic owner Tony Fernandes, despite having a been a victim of a similarly ambitious and inexperienced regime at Manchester City. Hughes, unveiled in front of the media yesterday having signed a two-and-a-half year deal to succeed Neil [...]
Lancaster pledges pace and verve January 11, 2012 New England head coach ushers in new era with forward-thinking Six Nations squad ENGLAND head coach Stuart Lancaster has promised an emphasis on pacy, attacking play will be the cornerstone of his new-look side, after ringing the changes in his first elite player squad yesterday. Interim boss Lancaster (right) selected nine uncapped players, including Saracens [...]
England pan Ajmal’s talk of mystery ‘teesra’ ball January 11, 2012 ENGLAND’S out-of-form batsmen have been advised by batting coach Graham Gooch not lose any sleep over claims that Pakistan spinner Saeed Ajmal is set to unleash his new mystery ‘teesra’ delivery on them in the upcoming Test series. Andrew Strauss’s side failed to pass 300 in their opening warm-up match against an ICC combined XI [...]
Pulis offers to manage Wales January 11, 2012 FOOTBALL: Stoke manager Tony Pulis has offered to take charge of his native Wales for one match only, next month’s memorial game for former boss Gary Speed, who committed suicide in November. Wales meet Costa Rica on 29 February and Pulis said: “Anything that would help in any shape or form in respect of Gary [...]
