Signs of wage increases as City workers seek new career opportunities and firms expand October 8, 2014 Back from holiday and looking to move… the rush is on to switch career City workers are making the most of the UK recovery and firms’ expansion plans by hunting for new career opportunities and bargaining for bumper salaries. The number of professionals seeking new roles increased 25 per cent year-on-year in September. There are [...]
Saga puts retail investor at heart of London float April 30, 2014 SAGA, the over-50s holidays-to-insurance provider, yesterday unveiled plans for the biggest flotation in London this year, as a stampede of silver haired savers registered to snap up shares in the listing. The business, which was founded by east end hotelier Sidney De Haan in 1950, said it would raise £550m in an initial public offering [...]
Thomas well-cooked December 18, 2011 THOMAS Cook, the purveyors of package holidays, led the way in the last century in opening up the world to those whose parents would never have thought of leaving the country. No longer at the vanguard, the company is now unfashionable and anachronistic in a world of cheap airlines and online deals. Investors are turning [...]
No supermarket sweep in sight as sterling falters June 14, 2011 BETTER than expected CPI figures released yesterday saw a temporary reversal in the recent sterling decline. Despite this, the pound remains in a broadly weak position against the major currencies. With investors lacking in any belief that Mervyn King will raise interest rates at any point soon, the pound is struggling to find a taker. [...]
Decline in sales and footfall starts to slow June 5, 2011 THE UK high street has reported a drop in sales and footfall after April’s bumper figures, but the latest numbers suggest the underlying decline in retailers’ fortunes is slowing down. Total sales in May fell 0.1 per cent year-on-year, with good weather and seasonal promotions boosting trade, according to the May figures from BDO’s High [...]
FTSE closes at two-month high despite light volumes April 26, 2011 aBRITAIN’S FTSE 100 closed at its highest level in over two months yesterday, albeit in light volumes, as earnings from the US and Europe supported gains ahead of results from UK companies such as ARM and BP. The blue-chip FTSE 100 closed up 0.9 per cent at 6,069.36, with volumes still thin after the four-day [...]