UK petrol demand stalls in 2012 October 3, 2012 UK petrol sales continued to slump in the first half of this year, according to data released yesterday, despite falls in prices at the pump. Motorists purchased 376,000 litres less petrol between January and June, compared to the same period last year, the AA said, looking at data published by the Department of Energy and [...]
Workers face nine year wage wait October 3, 2012 Workers face a nine year wait to get back to the level of real income they enjoyed in 2009, the Trades Union Congress (TUC) claimed today. Incomes have fallen sharply over the last three years, the TUC says, meaning that a worker on a median salary of £25,800 in 2009 lost around £1,600 by 2012. [...]
More firms register with taxman October 3, 2012 Tens of thousands more businesses registered for VAT or PAYE at the end of the last tax year, according to data released yesterday. Thirty-six thousand more firms registered for one of the two main taxes in March 2012, compared to the year before, the Office for National Statistics said. But 31,000 of this increase came [...]
Revealed: the City’s best (and worst) offices October 3, 2012 IN the wake of the British Council for Offices (yes, there is such a thing) awards this week – which saw law firm K&L Gates crowned Best Office of 2012 – The Capitalist has decided to investigate the workplaces that are letting the side down by launching our own inaugural City Slums award. Having heard [...]
Man’s best friend sparks rivalry between furnishing magnates October 3, 2012 TO the Corney & Barrow’s Devonshire Terrace establishment earlier this week where Lord Harris’ son Martin, who is commercial director at Carpetright, the firm chaired and founded by his retail magnate father, was entertaining guests with tales of a mischievous new purchase. Equestrian enthusiasts will recall that Lord Harris and fellow businessman Lord Kirkham own [...]
Sportingbet’s rise makes case to William Hill October 3, 2012 ONLINE bookie Sportingbet said yesterday it had seen the amount of money wagered via its in-demand Australian operations almost double over the last year. Sportingbet, the subject of a takeover bid from William Hill, said the amount wagered in the country had risen 82 per cent, largely thanks to last year’s purchase of online rival [...]
EasyJet, Ryanair and IAG are helped by post-Games boost October 3, 2012 EASYJET shares soared 3.5 per cent yesterday after it raised its profit forecasts thanks to a jump in post-Olympic traffic. The budget carrier’s chief executive Carolyn McCall said demand from London “increased towards the upper end of expectations” after the Games, helping to lift its pre-tax profits to between £310m and £320m for the year [...]
Marston’s proves its pedigree with resilient summer sales October 3, 2012 RAIN over the summer and difficult economic conditions did not dent brewer and pub operator Marston’s. The firm said yesterday it had beaten many of its industry rivals, and expects a 2.2 per cent rise in pub sales for the last 12 months. The maker of Pedigree and Bass ales, which operates more than 2,000 [...]
Nokia’s £240m headquarters up for sale as it scrambles for cash October 3, 2012 STRUGGLING smartphone maker Nokia has put its global headquarters on the market as part of a drive to sell off assets to keep the business alive. The once-mighty firm is selling the offices in Finnish second city Espoo, on the Baltic coast, and could raise up to €300m (£240m). “We are evaluating different options for [...]
Dunelm boosted by wet summer October 3, 2012 Homewares retailer Dunelm yesterday announced a 15 per cent rise in full-year profit, saying the wet summer boosted customer numbers. Dunelm’s like-for-like sales for the year increased 3.1 per cent but grew 10.4 per cent in the final quarter. July to June pre-tax profit rose to £96.2m from £83.6m a year ago. Revenue rose 12.1 [...]
