How to recover when a sudden disaster strikes January 28, 2015 The unexpected will only derail your plans if you deal with it badly. Unexpected events are inevitable in business. The unexpected derailing your plans or your success, however, is not. Indeed, the extent to which an unforeseen setback actually causes you serious difficulties entirely depends on how you deal with it. And there are some [...]
Jon Moulton defends City Link collapse January 27, 2015 JON MOULTON, the founder of City Link’s parent company Better Capital, has spoken of his deep regret at the attempt to turn around the collapsed company, telling MPs yesterday “we killed ourselves to try to save this company and we failed”. Over 2,700 workers lost their jobs after the parcel delivery firm collapsed on Christmas [...]
Apple sets new record as sales smash forecasts January 27, 2015 APPLE sales smashed even the most optimistic expectations after the tech giant sold a record number of iPhone 6 and 6 Plus smartphones over the Christmas quarter and won thousands of new fans in China. The company sold 74.5m iPhones in the first quarter to 27 December, thanks to more people switching from Android than [...]
Waitrose plans expansion and 2,000 new jobs January 27, 2015 Waitrose announced plans yesterday to create 2,000 new jobs as the upmarket supermarket continues to expand its presence and grab a greater slice of the grocery market. The chain, owned by the John Lewis Partnership, will open 14 new stores from spring this year including seven Little Waitrose convenience stores and seven supermarkets, including one [...]
Christmas cheer sees pub operator Marston’s on track for future expansion January 27, 2015 Pub operator Marston’s yesterday reported moderate growth in like-for-like sales during the final quarter ending 24 January, up two per cent on the year. Particular emphasis was placed on the strong sales growth of 4.8 per cent during the two week Christmas period ending 4 January and a 12.5 per cent increase in Christmas day [...]
Apple smashes records with jump in revenue and soaring iPhone sales January 27, 2015 Apple's results are in, and Tim Cook will have good reason to smile tonight. For the quarter ended 27 December iPhone sales shot up 46 per cent to 74.5m units, far outpacing analysts' forecasts of 65m. The tech giant enjoyed a record first-quarter profit of $18bn at $3.06 per share. Analysts were expecting Apple to [...]
City Link: Jon Moulton tells MPs “we killed ourselves to try to save this company and we failed” January 27, 2015 Jon Moulton, the boss of Better Capital that owned City Link has spoken of his deep regret at the attempt to turn around the failing company.“We killed ourselves to try to save this company and we failed" he said. Over 2,700 City link workers were made redundant on New Year's Eve after it was announced [...]
Dixons Carphone share price falls 5 per cent after JP Morgan broker downgrade makes it the biggest faller on the FTSE 100 January 27, 2015 Dixons Carphone's share price fell as much as 5.6 per cent in early afternoon trade today, making it the biggest faller on the FTSE 100, after a broker downgrade. Morgan Stanley slashed the stock's rating to "underweight" from "equal weight," saying the shares were significantly overvalued and that it was "not a growth business." "While [...]
Xbox One beats PlayStation 4 to Christmas console supremacy January 27, 2015 Who came out on top in the battle for Christmas supremacy between Xbox and PlayStation? Judging by the headline figures released by Microsoft and Sony, it would appear that the latter performed better at the worldwide tills this past holiday season. In its second quarter earnings report for the period ended December 31 [...]
Why Syriza’s fairy tales will devastate Greece – and the wider Eurozone too January 26, 2015 When I was 16 years old, my family (bless them) scraped together enough money to send me to Europe; the first place I touched down on the continent was Athens. A longstanding – and correct – family joke makes it clear that, in many ways, I intellectually never came back from that first trip. It’s [...]