Super-premium Brockmans Gin toasts record sales for the first half of 2016 as it basks in UK gin renaissance and expands overseas November 21, 2016 Brockmans Gin has served up record sales for the first-half of 2016 as super-premium gin continues to grow in popularity both in the UK and abroad. Total revenue grew 116 per cent in the first-half of 2016 to £2.6m as the company capitalised on the growing gin renaissance in the UK where sales are expected to [...]
Do schmaltzy Christmas ads cheer up revenues? November 15, 2016 What do a robin, a boxer dog, a cartoon character called Dave and Mrs Santa Claus have in common? It may sound like the start of a bad joke but this motley crew all have starring roles in 2016's Christmas adverts for major retailers. So far, the M&S ad appears to be the biggest hit [...]
Iran is open for business with a post-Brexit UK November 14, 2016 Iran is officially open for business after four years in the global wilderness. Following the imposition of financial sanctions in 2012 by the US for its burgeoning nuclear weapons programme, it was almost impossible for the west to do any business with Iran. Those sanctions were lifted earlier this year after France, Germany, UK, Russia and [...]
Rents grow at slower pace as landlords juggle tenant affordability and their own returns according to HomeLet November 14, 2016 RENTS across the UK rose by an annual average of 3 per cent in October as landlords juggle affordability for tenants with their own returns. A tenant signing up for a new tenancy during October agreed to pay an average monthly rent of £902, 3 per cent above October 2015’s average of £875 according the [...]
Sir Stuart Rose, chairman of Dressipi: The next revolution in retail is data-based, personalised services, and the UK is at the vanguard November 14, 2016 THE DEMISE of BHS and Austin Reed, as well as gyrating retail sales figures, has again highlighted the variety of headwinds facing the retail sector, particularly on the high street. These include: the threat from companies such as Amazon, increasing costs, squeezed margins, keeping brands fresh or even the good, old-fashioned unpredictable British weather. The [...]
Sir Stuart Rose: The next revolution in retail is data-based, personalised services, and the UK is at the vanguard November 13, 2016 NULL
RBS faces a long road to profitability as it seeks to put its problems behind it November 9, 2016 In an era of ultra low interest rates, ever tightening regulation and steep legacy fines, times are tough for banks. But taxpayer-backed RBS, which has not made a full-year profit since 2007 and has seen shares slide 36 per cent in the year to date, is having a particularly rough ride. This is largely through problems [...]
As the next interest rate decision approaches: Why the UK needs Bank of England governor Mark Carney to stay in place for Brexit October 25, 2016 Next Thursday, all eyes will be on the Bank of England's monetary policy committee meeting and quarterly inflation report, when growth forecasts are revised. Always closely watched, this time it really is a SuperThursday. November had been pencilled in for a potential rate cut, and BoE governor Mark Carney is under intense scrutiny from two [...]
Another day, another delay to new runway October 20, 2016 When is a delay not a delay? When it involves putting down a new runway in the south east of England. Earlier this week, prime minister Theresa May, said to be in favour of expansion at Heathrow, signalled that the Cabinet would decide next Tuesday on where to put a new strip. That, however, will [...]
Government’s Brexit dance is maiming the pound October 18, 2016 Inflation is coming to eat the pound in your pocket. Today, data for September is expected to show that prices in the UK rose by an annual 0.9 per cent rate, up from 0.6 per cent in August, driven by energy and food prices. However, the full impact of the recent plunge in sterling will [...]