Mulberry’s share price falls as British bag brand edges into profit December 10, 2015 Mulberry's share price fell this morning after the premium bag brand reported a small improvement as part of its ongoing turnaround plan. The figures The British brand has posted a profit of £100,000 for the six months to 30 September, compared with a loss of £1.1m for the same time last year. Mulberry's revenue rose five [...]
What the SAS can teach even the hardest of City workers December 10, 2015 Matthew Ollerton and Jason Fox give examples from their life in the Special Forces "Team away day” normally puts the fear into people. Hotel function rooms, bizarre motivational speakers and the compulsory bonding football match. But what if the experience was completely different? As former members of the Special Forces, we’ve undertaken some [...]
Londoners opt to stay home following Paris attacks December 10, 2015 Concerns about potential attacks on London have supposedly kept Londoners from dining out in November, according to industry sales barometer, the Coffer Peach Business Tracker. Pubs and restaurants recorded a 1.5 per cent decline in like-for-like sales in the capital, with chain restaurants feeling the biggest impact. In October sales were up 3.5 per cent [...]
London financial services job market slows down ahead of Christmas, as available roles drop by 32 per cent in November December 10, 2015 Available financial services jobs in London plummeted to 6,405 in November, a 32 per cent decline compared to October, when there were 9,480 jobs on offer. According to the figures released today by professional services recruiter Morgan McKinley, the number of London professionals seeking new roles also dropped to 10,492, down 27 per cent from [...]
‘Tis the season to slack off: Why your month-long Christmas holiday is bad for everyone December 9, 2015 "I will be out of the office travelling and attending events and seminars until 4 January 2016. I will only have intermittent access to email.” I received this remarkable auto-reply on 4 December from a senior marketing executive in a large bank. Unless you are an academic, why would you need to spend an [...]
Poultry market set to suffer following US avian flu outbreak December 9, 2015 Christmas is nearly here, but high turkey prices could end up spoiling the fun for some. The cost of the festive bird has been pushed higher by an outbreak of avian flu that occurred in the US earlier this year, and this is likely to impact global trade of turkey, according to the FT. During [...]
More than half of the 130,000 phones and laptops forgotten in UK bars every year have no security settings December 9, 2015 Forgetful revellers leave behind over 130,000 phones and laptops in UK bars every year, new research has found – and with the Christmas party season upon us, these figures are set to soar. Even more worryingly, more than half of these devices have no security settings installed, meaning that their contents are open to anyone [...]
Christmas ‘tis the season to… sort out your finances: Use the holidays to prepare for a more financially savvy New Year in 2016 December 9, 2015 Christmas is a time of abundance, of eating, drinking and throwing money around like there’s no tomorrow. But the combination of profligate spending and time off work can make the festive period a good time to take stock of your finances. While cautioning readers about the pitfalls of over-spending at Christmas may make me [...]
Sainsbury’s, Asda, Tesco and Morrisons will all cut petrol prices as oil falls below $40 a barrel December 9, 2015 Oil prices plunging below $40 a barrel for the first time since February 2009 may have thrown the markets, but it’s good news for consumers, as the price of petrol may fall to £1 a litre for Christmas. The RAC estimates that the average price of unleaded petrol will fall by 3p in the next [...]
Low inflations means UK workers are set to see real wages increase 2.3 per cent in 2016 December 9, 2015 UK workers will have something to celebrate this Christmas: real wages are set to increase by 2.3 per cent next year, the biggest rise since 2008. While salary growth forecasts for 2016 remain the same as this year, at 2.5 per cent, lower inflation levels, predicted to be 0.2 per cent will boost the spending [...]