Amazon has just launched its Black Friday deals store November 1, 2016 Black Friday: it's either a retail Valhalla or your worst nightmare – either way, it's increasingly becoming A Thing in the UK. And now Amazon has launched a kind of pre-Black Friday Black Friday store. Welcome to retail in 2016. The Countdown to Black Friday store is currently only for US customers, and features almost [...]
Black Friday 2016 UK: Here are eight shopping tips and tricks for how to make the most the retail extravaganza, according to the experts November 1, 2016 The retail bonanza-slash-bunfight known as Black Friday is nearly upon us – just under a month (25 November). This year sales "experts" are falling over themselves to give bargain hunters top tips to get the best deals without ending up in hospital/prison/debt. That might sound extreme, but after last year's discount day turned violent, it might be [...]
Everything you need to know about Black Friday 2016 November 1, 2016 Black Friday 2016 is almost upon us. Falling on 25 November, this year's mega-deals day is already expected to exceed last year's sales bonanza. Already the rumour mill has started up, with deal tip sites suggesting plenty of bargains will be on offer from electricals specialists from Currys to Carphone Warehouse, while the big players Amazon, John Lewis [...]
Black Friday 2016 history: What is it, when did it come to the UK and where will it hit next? November 1, 2016 Black Friday fever is sweeping the nation, with many retailers saying they will get some of their best sales yet. But where did the bumper discount day come from and where will it hit next? Here's a short history. Where did Black Friday come from? Black Friday – like Halloween, McDonalds and theme parks – [...]
Deutsche Bank predicted to reveal a loss this week, and it doesn’t look good for 2016 on the whole either October 23, 2016 Deutsche Bank is expected to report a loss when it reveals its results on Thursday. According to a consensus of analysts' thoughts, the embattled German lender is predicted to report a net loss of €610m (£542.9m) for the third quarter of the year, although some have forecast quarterly losses could be as deep as €2.1bn. Analysts have also [...]
Credit Suisse and Italian authorities agree to settle after offshore transfer investigation October 21, 2016 Credit Suisse has paid €110m (£98m) to settle allegations by Italian prosecutors that it helped clients divert undisclosed funds to offshore bank accounts. Italian authorities believed that the Swiss bank had helped some 13,000 clients transfer up to €14bn abroad using certain insurance products. An investigation has been running since 2014 and under Italian law today's settlement does not constitute an [...]
China’s Alibaba begins its countdown to the world’s biggest shopping day of the year – Singles’ Day October 20, 2016 Chinese e-commerce giant Alibaba has started the countdown to its shopping festival Singles’ Day, the world’s biggest sales event of the year. The retailer has promised consumers a bonanza of pop stars, fashion shows, and virtual reality to whip them into a spending frenzy. The annual celebration of being single – now in to its [...]
Summer sun and price cuts drive best quarter for food sales since 2013 October 11, 2016 The food sector has had its best quarter of sales in two years, according to new figures. Like-for-like sales across all retail categories increased 0.4 per cent year-on-year in September, according to data from the British Retail Consortium (BRC) and KPMG. Read more: Rosé wine, gin and ice cream sales gave Waitrose a summer boost last [...]
Is Deutsche Bank the world’s greatest contrarian trade? October 3, 2016 Who'd invest in a German bank? A roller-coaster two weeks for Deutsche Bank, the country’s largest lender by assets, has only reinforced the volatile position the sector now finds itself in. It’s highly likely that the top dogs at Deutsche will sweet-talk US regulators into reducing their $14bn settlement, but the bank is by no means [...]
A rare Black Moon will rise over the capital on Friday: Here’s everything we know September 29, 2016 A rare astrological event will take place this Friday: a so-called black moon will rise above the capital. It only happens once every couple of years. Here's what you need to know. What is a black moon? It's essentially the opposite of a blue moon. So whereas a blue moon is when two full moons take place [...]