From Tesco’s share price and Donald Trump’s hot air to property prices spiralling out of control: Here’s what got us talking this week December 11, 2015 The most expensive car of the year sold for a cool £18m. The shadow City minister played hard to get.. And we remembered all sorts of things about the last 12 months. Here's What Got us Talking 1) You're probably not working at one of the best companies in the UK And, seeing as it's [...]
As Apple’s iPhone 6S lands will mobile payments change the way we live? December 11, 2015 Today’s smartphones can do incredible things. Need a ride around London? Just tap the Uber app. Fresh flowers or food from a local restaurant delivered straight to your door? Try Bloom & Wild or Deliveroo. These apps are fantastic, but there's a new smartphone feature set to fundamentally revolutionise the high street and how [...]
How’s the hangover? Tesco launches hangover stations for all your post-office party needs December 11, 2015 While PRs at Buchanan and Lansons are already dealing with the hangovers from their Christmas parties this month, last night was one of the busiest evenings for corporate dos in the Square Mile this season. This can only mean one thing: a very hungover workforce on Friday. Tesco is giving London's financial district a helping hand [...]
Asda drops petrol prices below £1 a litre as oil price hits seven year low but how long will it last? December 10, 2015 Asda's done it. From tomorrow its petrol will be cheaper than £1 a litre, but only for a couple of days. As oil prices continue to languish around seven year lows, Asda has announced it will cut the price of its unleaded petrol to 99.7p a litre, and diesel to 103.7p per litre. The reduction will only [...]
At the close: FTSE 100 index closes down on Sports Direct, Old Mutual December 10, 2015 The FTSE 100 index slid in Thursday's trading despite gains by Glencore as both Sports Direct and Old Mutual tumbled. The index closed 0.63 per cent down at 6,088 points. Sports Direct slumped after Mike Ashley's retailer posted underwhelming first half results and the company was criticised for staff working conditions. Group revenue ticking up 0.1 per cent to £1.43bn, [...]
As Tesco’s share price drops to an 18-year low, it’s clear the rollercoaster ride will continue for some time yet December 10, 2015 Tesco has turned back time this week, with its share price dropping to an 18-year low. The less said about what was going on in 1997 the better – instead, we turn our focus to the rollercoaster ride that is the UK's largest retailer. Dave Lewis has certainly ushered in some change, but given where Tesco's [...]
Tesco share price falls to an 18-year low: What was going on last time it was this low? December 10, 2015 Shares in embattled supermarket Tesco ended at an 18-year low yesterday, having closed down 2.27 per cent to 153.00p per share. The declines are part of an ongoing saga that the retailer has been battling for over a year now, but the failure of the top team to get to grips with the issues has led to [...]
‘Tis the season to slack off: Why your month-long Christmas holiday is bad for everyone December 9, 2015 "I will be out of the office travelling and attending events and seminars until 4 January 2016. I will only have intermittent access to email.” I received this remarkable auto-reply on 4 December from a senior marketing executive in a large bank. Unless you are an academic, why would you need to spend an [...]
EU-wide cap on credit and debit card fees could save businesses money – but customers miss out thanks to slashed rewards programmes December 9, 2015 A new EU-wide cap on credit and debit card fees intended to save consumers cash may have unforseen consequences, experts have warned. The cap on how much credit and debit card companies can charge retailers, which went into effect today, limits fees on credit card payments to 0.30 per cent of the transaction value. Fees [...]
Sainsbury’s, Asda, Tesco and Morrisons will all cut petrol prices as oil falls below $40 a barrel December 9, 2015 Oil prices plunging below $40 a barrel for the first time since February 2009 may have thrown the markets, but it’s good news for consumers, as the price of petrol may fall to £1 a litre for Christmas. The RAC estimates that the average price of unleaded petrol will fall by 3p in the next [...]