Toyota to create 1,500 UK jobs November 24, 2011 Toyota will invest £228m in Europe to build the next generation of its Auris compact hatchback in the UK and a compact saloon in Turkey, adding up to 1,900 new jobs in total. Toyota said it expects to recruit up to 1,500 additional workers in the UK, with a first recruitment phase of around 500 [...]
Raymond Blanc chain expands November 24, 2011 Raymond Blanc’s restaurant chain has bought up eight Chez Gerard restaurants out of administration. The eight London-based outlets employ almost 250 people, and administrator Deloitte is ensuring trade continues at a further 24 sites while it looks for a buyer. The deal takes the total number of Brasserie Blanc branches to 19.
Why Lloyds is championing our appeal November 24, 2011 IF you’re looking for just one reason to back City A.M.’s Christmas charity appeal, try this from a banking executive who has been intimately involved with Opportunity International for the past seven years. “This is not a charity that gives away money. It enables people to realise their entrepreneurship and when you see how much [...]
£98,000 raised THIS WEEK November 24, 2011 CITY A.M. readers have demonstrated their outstanding generosity this week by pledging huge support for our Christmas appeal. Through your donations we have raised an impressive £98,000 in the past five days alone, with donations pouring in by phone, by text, and through our website. Every contribution, no matter how small, is very welcome and [...]
CHIEF EXECUTIVE, OPPORTUNITY INTERNATIONAL UK, EDWARD FOX November 24, 2011 My mobile phone rings for the umpteenth time today. They are so much a part of our everyday lives that it’s hard to imagine a time when we functioned without them. It might surprise you to learn that in some of the poorest countries of the world, mobiles are an indispensable part of daily life [...]
LORD MAYOR STEPS UP SECURITY FOR AMBASSADORS’ RECEPTIONS November 24, 2011 IT HAD to be the Queen. “No-one else has that level of police presence,” said one City observer when he noted a convoy of four police motorbikes and two impressive cars making its way towards the Walbrook Building in stately fashion. But no – it was Lord Mayor David Wootton, who had stepped up his [...]
Dixons Retail narrows its full-year loss November 24, 2011 DIXONS Retail posted a better-than-expected half year loss after Europe’s second largest electrical goods retailer won market share from its rivals, helping to limit the impact of weak consumer spending. The company, which is home to the Currys and PC World chains in Britain, said it made a loss before tax of £25.3m in the [...]
ANALYST VIEWS: ARE THESE FIGURES GOOD NEWS FOR DIXONS? November 24, 2011 DAVID JEARY | INVESTEC The renewal and transformation plan has clearly been transformational for Dixons, although the parlous state of the electricals market has not allowed this to shine through strongly. We retain some concerns on the short-term trading outlook and the relative dearth of must-have products at present. PHILIP DORGAN | PANMURE GORDON Given [...]
M&S France launch sees Bostock quizzed November 24, 2011 MARKS & Spencer took its wares back to France after a decade’s absence from its soil yesterday, claiming that Parisians were yearning for its gourmet chutney and sensible knickers. The return to France is part of a new international strategy aimed at a handful of countries. Goods will be priced around 10 per cent higher [...]
British Gas pledges to simplify tariffs November 24, 2011 BRITISH Gas has said it is simplifying its tariffs after admitting customers were being baffled by the current system. All customers would be able to choose between two tariffs – variable and fixed – under the shake-up. Energy industry regulator Ofgem earlier this year told energy companies they must offer simpler billing. The British Gas [...]
