Eddie Stobart: Andrew Tinkler says Stobart Group supportive of his proposal to rescue struggling haulier November 17, 2019 Former Stobart Group chief executive Andrew Tinkler said the Stobart Group is supportive of his proposal to save struggling haulier Eddie Stobart, despite the bad blood between the pair. Tinkler told City A.M. that he was putting together a £50m package to save the business and said existing shareholders could raise up to £25m on [...]
The emerging hipster capital of Germany, Leipzig’s history is rooted in revolution November 15, 2019 Look down on the quietly affluent pedestrianised streets of central Leipzig from the unparalleled heights of the Panorama Tower, and you would probably never guess that this is a city where the death knell was rung on the Cold War division of Germany. But this year Leipzig commemorates 30 years since a series of demonstrations [...]
Black Friday 2019: Everything you need to know to find the best bargains November 15, 2019 Black Friday only launched in the UK in the last five years and has quickly become one of the biggest annual shopping events, kicking off the key Christmas trading period. Savvy shoppers can snap up bargains as stores offer huge discounts in the run up to the festive season. Here is everything you need to [...]
Eddie Stobart agrees £55m rescue deal as losses mount up November 15, 2019 Eddie Stobart has issued a warning to shareholders that its expected losses for the six months ending 31 May stand at more than £12m. The British haulier delayed the publication of its results after undertaking a review of its accounts following the discovery of a £2m error in its 2018 results. The company’s shares were [...]
General Election: Labour has ‘close to zero’ chance of majority, says pollster John Curtice November 14, 2019 Labour has “close to zero” chance of securing a majority this election, according to one of the country’s foremost polling experts. Sir John Curtice today said the most likely outcome was either an outright Conservative victory or a hung parliament. But he noted that could still result in a Remain-led coalition and second referendum. Read [...]
Christmas adverts 2019: John Lewis unveils Excitable Edgar campaign November 14, 2019 John Lewis has unveiled its highly anticipated Christmas advert this morning, telling the story of a little girl and her accident-prone dragon Excitable Edgar. In the two minute 30 second clip, which marks the department store’s first joint Christmas marketing campaign with Waitrose, viewers see Edgar accidentally derail Christmas festivities with his fire breathing tendencies. [...]
Victoria line drivers prepare for November Tube strike November 14, 2019 The Victoria line will grind to a halt in two weeks’ time thanks to a 24-hour drivers strike. The National Union of Rail, Maritime and Transport Workers (RMT) said today that Victoria line drivers would walk off the job from 10pm on Wednesday 27 November for 24 hours. Read more: London Underground: Rail union threatens [...]
Our Westminster politicians must pay heed to the Union November 14, 2019 Pollsters at election time are a funny breed. Like Father Christmas, they drop nuggets of data into the hands of grateful journalists and analysts hoping to make sense of what is going on around them, trying to drown out the noise of election campaigns and listen to what really matters. Yet the most interesting — [...]
New store openings drive revenue increase at Card Factory November 14, 2019 Card Factory has reported a jump in revenue this year driven by sales at new stores and a boost in online trading, as sales at existing stores slumped due to falling high street footfall. In the nine months to 31 October revenue increased five per cent as Card Factory grew its store portfolio with 38 [...]
UK retail sales unexpectedly fall as economy slows November 14, 2019 The amount of goods sold in UK shops unexpectedly fell in October, official figures have shown, in the latest sign that the economy is slowing. The weak performance will be a concern to retailers as the sector heads towards Christmas, especially given that the period covered Halloween, a traditionally busy time for shops. Read more: [...]