Amazon tops customer satisfaction table October 28, 2011 Amazon has retained its crown as Britain’s favourite retailer in an annual consumer poll. Satisfaction with the company’s service even increased over the past year, according to the Nunwood Customer Experience 100 survey. Amazon beat off the challenge of second place John Lewis and third place Virgin Atlantic, which was marginally ahead of competitor Emirates. [...]
Transactions tax is “madness” says Boris October 28, 2011 Boris Johnson has demanded the EU’s proposed financial transactions tax be dropped, warning it would badly hit the European economy. The mayor of London has written to European Commission President José Manuel Barroso, protesting the tax would make European businesses uncompetitive and damage the continent’s jobs market. The proposals would see a levy of around [...]
Eurozone seeks bailout funds from China October 28, 2011 The head of the eurozone’s bailout fund has launched a bid to convince China to invest in a scheme to help rescue member countries facing debt crises. Klaus Regling said there were no formal negotiations and would be no deal now but met with Chinese leaders and broached the subject. It is thought China may [...]
Samsung overtakes Apple in smartphone market October 28, 2011 Samsung Electronics Co overtook Apple Inc as the world’s top smartphone maker in the July-September period with a 44 percent jump in shipments, and forecast strong sales in the current quarter in a clear warning to its rivals. Samsung only entered the smartphone market in earnest last year, but its sales have skyrocketed thanks to [...]
WPP cuts forecast but says margins improving October 28, 2011 WPP, the world’s largest advertising company, cut its outlook for the full year on Friday due to slowing growth in the US and concerns in the Eurozone, but reassured the market with signs of improving margins. Martin Sorrell’s WPP said preliminary forecasts for the full-year indicated like-for-like revenue growth of 5 percent, compared with a [...]
LONDON’S GIANTS FEEL FAN BACKLASH October 27, 2011 • Kroenke forced to defend Hill-Wood • Wenger identifies ‘fear’ and ‘discontent’ • Usmanov to remain frozen out by board• ARSENAL’S majority shareholder Stan Kroenke was forced to defend long-standing chairman Peter Hill-Wood during the club’s stormy AGM yesterday. The American tycoon had flown in from his homeland to address the 281 fans in attendance [...]
Wenger steals show as Stan breaks silence October 27, 2011 STAN KROENKE may have broken his long silence at yesterday’s AGM, but shareholders who expected to gain a clearer understanding of the American’s motives were left deeply unfulfilled. Eloquent, if laden with platitudes, yesterday’s first address may have been, but fans remain no closer to knowing whether his decision to acquire a majority shareholding in [...]
Chelsea Pitch Owners reject club’s attempt to buy back stadium freehold as board members forced to endure a fractious extraordinary general meeting October 27, 2011 CHELSEA owner Roman Abramovich suffered an embarrassing defeat yesterday and was sent back to the drawing board as fans railed against his bid to buy the land on which Stamford Bridge sits. The billionaire Russian oligarch and his board were forced to rethink their proposal to Chelsea Pitch Owners, which was seen as the first [...]
Say No CPO victory a win for football fans as a whole October 27, 2011 SAY NO CPO, the campaign group who yesterday contributed towards Roman Abramovich’s failure to seize the freehold of Stamford Bridge, believe their victory represented a landmark success for football fans as a whole. Despite the odds being stacked in their favour, Chelsea’s resolution attracted only 61.6 per cent of the vote, leaving them 13.4 per cent [...]
Gunners confident talisman Van Persie will sign new contract October 27, 2011 ARSENAL manager Arsene Wenger is confident he can persuade club captain Robin van Persie to remain at the club and extend his current contract. The Dutchman is currently in the best form of his career and has scored eight of his side’s 15 goals this season following the brace he notched in last week’s defeat [...]
