Poor earnings leave equity bulls adrift – eToro Tips & Picks October 19, 2015 The markets have struggled for direction when it comes to the euro, and recent jumps higher have been met with periods of extended selling. With this week’s ECB meeting, and the continued pressure to put back the deadline for the end of QE (or to even add more QE), we could see some much-needed interest [...]
Public finance numbers could be back on track – London Report October 18, 2015 THE LATEST public finance figures, due out on Wednesday, are expected to have seen renewed year-on-year improvement in September after a particularly disappointing August. An improved September performance would help get the public finances back on track to reach George Osborne’s targets after taking a hit the previous month. Economists expect public sector net borrowing [...]
Uber’s UK sales are soaring after winning a legal battle in the High Court against black cab drivers October 18, 2015 It seems court battles aren’t standing in the way of Uber’s growth. After Uber’s landmark victory over black cab drivers on Friday, there’s more good news for the ride-hailing app: UK sales are up tenfold in the past year. British turnover soared to £11.3m last year, according to data from Companies House. The app’s accelerating [...]
Taxis at dawn: Uber and Transport for London taximeter High Court ruling due Friday morning October 16, 2015 The fate of Uber in London will be known this morning, when the courts finally decide if the app is legal or not in a long-running and bitter battle with rival black cab drivers. A High Court judge will hand down a ruling on whether the app is considered a taximeter – a device which is only allowed to [...]
Console owners help drive profit jump at Game Digital October 15, 2015 GAME Digital said a rapidly growing population of Xbox One and PlayStation 4 console owners helped the video games retailer post forecast beating full-year profits. Demand for the latest generation of consoles has cooled and their average selling price has dropped since their initial launch two years ago. But a strong performance in accessories, new [...]
Black Friday 2015 UK predictions: This year’s event is gearing up to be the UK’s first ever £1bn shopping day October 14, 2015 With the mania of Black Friday less than two months away, UK shoppers are getting ready to spend more money than they ever have before in one day. Retailers are braced for the biggest shopping day of the year, after last year’s frenzy shocked many unprepared sellers – and this year sales are set to [...]
Black Friday 2015 UK date and deals: The best offers to expect on 27 November, plus who were the winners and losers from last year October 14, 2015 Black Friday is less than seven weeks away – it falls on 27 November this year – and already consumer sites are full of predictions for which deals we'll be falling over ourselves (and other people) to pick up in 2015. We spent £810m last year, with John Lewis celebrating its biggest sales week of [...]
Black Friday 2015 UK: Where and when to get the best discounts is already being hinted at by Tesco, Currys PC World, John Lewis and Amazon October 13, 2015 Brace yourselves: Black Friday is coming. Last year's retail bonanza-cum-bun-fight is back. This year it will be taking place on 27 November, meaning there are less than eight weeks to go. In 2014, it was the biggest single day for online sales of the year, and retailers are falling over themselves to make sure they [...]
Central banks: Stop the focus on inflation – CNBC Comment October 13, 2015 Based on last week’s Federal Open Market Committee (FOMC) minutes, it seems the Fed’s decision to hold off on raising interest rates at its September meeting was not a close call. The minutes showed that the FOMC was hesitant to pull the trigger, as members remain worried about global growth risks. While most of [...]
Parcel delivery service Yodel to create 7,000 jobs ahead of Black Friday 2015 and Christmas period October 13, 2015 Parcel carrier business Yodel today announced that it is to create 7,000 jobs across the UK, including 776 in London, ahead of the busy Christmas period. While the roles are seasonal positions for the peak period, the firm said many of the positions are expected to become permanent due to a number of new retailers joining [...]