Black Friday transactions jump 10 per cent on 2017, according to Barclaycard data November 24, 2018 The number of transactions on Black Friday jumped ten per cent year-on-year but the amount spent plummeted compared to 2017, according to credit card data. Consumers spent 12 per cent less while shopping using Barclaycard yesterday compared to Black Friday the previous year. Barclaycard processed an all-time record number of transactions yesterday, hitting 1,087 transactions a [...]
Vauxhall cuts 241 more jobs at Ellesmere Port manufacturing plant in Cheshire November 23, 2018 Car maker Vauxhall is to slash 241 jobs at its Ellesmere Port manufacturing plant by the end of 2019, in a move it claims is “critical” to the competitiveness of the site. Owner Peugeot's (PSA) shares dipped this afternoon as Vauxhall said it planned to reduce headcount without having to utilise compulsory redundancies, instead trying to [...]
Rail union set to cause disruption with fresh Northern and South Western train strikes November 23, 2018 Trains coming in and out of London Waterloo are expected to be disrupted tomorrow, as disputes between railway operators and drivers' unions continue to rage on. Members of the Rail, Maritime and Transport (RMT) union have said they will strike on both Northern and South Western railways tomorrow in protest over a reduction in the amount [...]
Black Friday weekend: How to find the best deals and avoid the worst November 23, 2018 British shoppers are set to drop £7bn on products this Black Friday weekend, as they surf the web and hit the high streets in search of the most generous deals. But as price comparison site Finder.com predicts bargain hunters will spend an average of £220 each, with everybody discounting products it’s hard to know where [...]
GCHQ shares eight ways to shop Black Friday sales without getting hacked November 23, 2018 The UK's online shoppers are "prime pickings" for hackers and targeted attacks this Black Friday weekend, British spy agency GCHQ has warned. As promotional offers begin to fill up the inboxes of buyers across the country today, the defence agency's National Cyber Security Centre (NCSC) has issued advice on how to tell the difference between genuine deals [...]
Aldi’s Kevin the Carrot festive advert toy causes shopping hysteria November 23, 2018 Sales of Aldi's Kevin the Carrot plush toys have sent UK shoppers wild ahead of Black Friday, with the toy selling out online and in stores up and down the country less than a day after being made available. The release of Aldi's Christmas advert this year saw the return of Kevin the Carrot and his [...]
Fuller’s preparations for Christmas eat into profits, despite revenue receiving a World Cup boost November 23, 2018 Profits at pub chain Fuller's Brewery have fallen as the firm attempted to brace itself for the Christmas period, despite rising revenues after a long summer and England's performance in the World Cup. Its share price fell more than 1.2 per cent as markets opened this morning. The figures Revenue for the six months to [...]
Shareholders yearn for retail chiefs like Swann November 22, 2018 It has been an annus horribilis for the high street. Closures, job cuts and profit warnings in the last 12 months have all thrown scrutiny on the industry – and its bosses – like never before. Which is why yesterday’s announced departure of SSP chief executive Kate Swann is all the more significant. Swann is [...]
Black Friday shoppers prepare to spend £2.4bn – here’s what they’re buying November 22, 2018 UK shoppers are set to spend a record £2.44bn on Black Friday tomorrow, with £2.95m being spent every minute as people prepare to do their Christmas shopping early. High streets will attract the majority of the spend despite a tough year of declining sales, as retailers expect to net £1.41bn from brick-and-mortar stores. Digital isn’t [...]
Mothercare shares fall as it puts the media in the firing line after losses widen in insolvency battle November 22, 2018 Losses have mounted at embattled childcare retailer Mothercare, which blamed it on critical press coverage of its financial woes as the company undergoes a restructuring process. Group managing director David Wood, who acted as interim chief executive earlier this year, stepped down from his position yesterday. Its share price fell more than 10 per cent as markets [...]