Christmas adverts 2017 round-up: Watch offerings from M&S, Aldi, Sky, TalkTalk – and even a teaser from John Lewis November 7, 2017 This year’s Christmas ad season is already shaping up to be a vintage one, with the return of an animated carrot, an over-enthusiastic elf and a shifty pair of eyes. Worried about missing out? Here’s what we’ve seen so far: 1. M&S: Paddington saves Christmas. Kind of. Paddington Bear helps out a would-be robber, thus [...]
City Pub Group plans to raise £30m in a float on the Alternative Investment Market (Aim) by the end of November November 6, 2017 The City Pub Group is set to launch its long-awaited float on London’s Alternative Investment Market (Aim) by the end of November. The group, which operates a 34-strong estate of premium pubs across the south of England, will today announce its intention to go forward with an initial public offering (IPO) to raise £30m of [...]
Turkish Airlines Open prize money 2017: How much can players win as Race to Dubai heats up? November 4, 2017 European Tour golfers at this weekend’s Turkish Airlines Open have €7m (£6.2m) in prize money waiting for them, with a top reward of €985,495 earmarked for the victor. And as the first of the Tour’s three end-of-season Race to Dubai series, it falls at an important time for those such as Englishman Tommy Fleetwood who [...]
Christmas shopping: Argos opens new fulfilment centres in Reading and Birmingham in time for Christmas rush November 3, 2017 Argos has opened two new regional fulfilment centres, boosting its online capacity ahead of the hectic Christmas shopping season. The centres in Birmingham and Reading will add 200,000 square feet of space for products offered on Argos’ next-day and same-day delivery services. Read more: Sainsbury’s suits up: Supermarket to sell smart mens clothes The new [...]
Next’s (NXT) sales return to growth with strong online performance November 1, 2017 Next sales returned to growth last quarter, bolstered by the retail chain’s online division. The figures In the quarter to 29 October, Next’s retail sales fell 7.7 per cent, but its directory sales, which includes website and catalogue sales, jumped 13.2 per cent. Total sales for the period rose 1.3 per cent. For the year [...]
European stocks stand up to terrorism November 1, 2017 London. Manchester. Brussels. Paris. Nice. Copenhagen. Stockholm. Normandy. These are just a few of the European cities struck by terrorists in recent years. Attacks are sadly becoming increasingly frequent, and whenever they occur, people speculate about the potential market and economic impact. It is impossible to know where or when terrorists will strike next, but [...]
Royal Mail share price has dropped five per cent: Here’s why October 31, 2017 Royal Mail’s share price dropped by five per cent this morning, after being downgraded by a major bank. The stock dropped as low as 370p, from yesterday’s closing price of 389.7p, after Credit Suisse changed its rating on the beleaguered postal service company from neutral to underperform, with a target price of 325p. “We expect [...]
HMV overtakes Amazon in fight for dwindling DVD and Blu-ray sales October 30, 2017 The decline of DVDs and Blu-rays has allowed HMV to overtake Amazon to be the biggest seller of physical films in the country. HMV has fared well with new releases such as Beauty and the Beast and Logan to take its market share of physical video sales up six points to 22.5 per cent. Amazon’s [...]
Owner of book shop Waterstones drafts in Rothschild to consider sale and new loans October 29, 2017 Book retailer Waterstones could be put up for sale next year as its owner, the Russian tycoon Alexander Mamut, explores options with bankers from Rothschild. Waterstones, which Mamut bought from HMV in 2011, has weathered the rise of e-readers to return to profits in the past year. It is understood that Mamut brought in NM [...]
Heathrow boss John Holland-Kaye calls London airport ‘a critical national asset’ as profits and revenues rise October 26, 2017 Heathrow’s boss said today it had become “a critical national asset” as London’s biggest airport posted rising revenues and profits for the nine months ended 30 September. The results come in the same week the government reopened a consultation into Heathrow expansion for the public to view fresh evidence. Read more: London airports will be [...]