Debenhams share price plummets despite online sales uplift January 13, 2015 The figures Shares in troubled department store Debenhams fell nearly eight per cent in mid-morning trading, despite figures published this morning suggesting it had a record Christmas. The retailer said like-for-like sales in the four weeks to 10 January rose 4.9 per cent. Particularly successful were online sales, which went up by 29 per cent. Demand [...]
Why how you quit smoking depends on how fast you break down nicotine January 12, 2015 The best strategy for quitting smoking isn't the same for everyone – it depends on how quickly the body breaks down nicotine. When nicotine has been processed, the amount circulating in the bloodstream drops and the smoker craves a cigarette. Therefore, it is believed that the faster the breakdown speed, the more intense and [...]
HSS Hire plans IPO of £103m on London Stock Exchange January 12, 2015 British tool and equipment hire company HSS Hire has announced its intention to list on the London Stock Exchange next month. An estimated £103m is expected to be raised through the sale of shares during the Initial Public Offering (IPO), although the company could be valued at up to £600m. Existing shareholders will [...]
City salaries rise 18pc as demand for new recruits intensifies in London’s finance sector January 12, 2015 New salaries in London's financial services sector went up significantly in 2014, as demand for skilled workers increased. On average, those offered new jobs in the City secured pay 18 per cent higher than in the previous year, according to data released today by Morgan McKinley. The recruitment firm's figures show that even in [...]
AirAisa flight QZ8501 crash: Black box discovered by divers in Java sea January 12, 2015 Part of the black box belonging to AirAsia flight QZ8501 has been discovered by divers exploring the Java sea. The plane crashed on 28 December as it flew from Surabaya in Indonesia to Singapore, and so far researchers have identified the cause as bad weather. Finding the black box is a crucial step [...]
Conservatives promise to be tougher on public sector strikers if elected again January 10, 2015 The Conservative Party says it will impose stricter rules on public sector strikers if voted in at this year's general election. Currently, a strike can go ahead simply if it has a majority of those who choose to take part in a strike ballot vote in favour. That means, for example, that a vote [...]
SpaceX rocket landing: Why did Elon Musk’s mission go wrong? January 10, 2015 Today, the American firm SpaceX launched a rocket into space. After releasing its cargo up in the direction of the International Space Station (ISS), the rocket started to change direction and headed back down to Earth. The plan was to eventually land the Falcon 9 rocket on a launch pad just off the coast [...]
Global travel warning issued by US following terror attacks in France, Canada and Australia January 10, 2015 The US department of state has issued a global travel warning, following a spate of terror attacks in Canada, Australia and most recently France. In a statement posted online, it said that the recent attacks served as a reminder to “maintain a high level of vigilance” and “take apropriate steps to increase security awareness. [...]
More bad weather for Britain: Second storm and snow expected on Saturday January 10, 2015 A second storm is due to hit the UK today, causing more disruption to homes and travel routes. Turbulent weather is due to arrive from the Atlantic and sweep across parts of the country, according to the Met Office. It is also expected to bring with it the first widespread snowfall of the year. [...]
Aer Lingus rejects latest takeover bid from British Airways owner International Consolidated Airlines January 10, 2015 Once again, Irish airline Aer Lingus has rejected a takeover offer from International Consolidated Airlines (IAG). The holding company, which was set up by Willie Walsh and owns British Airways, upped its takeover offer to €2.40 (£1.88) a share at the end of December. Previously, IAG had made a bid of €2.30 a [...]