My nine key predictions for the City over the 12 months ahead January 7, 2015 It's with some trepidation that I set out my predictions for the year ahead in corporate Britain, not least because the first of them might appear misguided even by the time you read this. ONE Tesco, which today updates the City on Christmas trading, will be the winner among the food retailing establishment’s “big four” [...]
Fitbug starts to flex its muscles January 7, 2015 The founder of the British fitness tracking group tells Oliver Smith in Las Vegas that he is already thinking about the next big thing PAUL Landau has had an interesting six months. In July he was the founder of a wearable fitness tracker firm whose share price had hovered around 1p for over two years, [...]
Fawning over Canary Wharf’s light show January 7, 2015 Is that Harry Potter’s patronus? No, nor is it someone’s leftover Christmas decorations. It’s art and it’s in the Wharf. Canary Wharf has welcomed in the last of the dark winter nights with a delightfully luminous exhibition. Arriving and leaving work in the dark ain’t so bad for Wharfers this January. The exhibit lasts until [...]
FTSE rebounds on expectations of European QE – London Report January 7, 2015 Britain’s top equity index gained nearly one per cent yesterday, rebounding from a three-week low as Eurozone consumer price data raised expectations of new stimulus from the European Central Bank. The blue chip FTSE 100 index, which had fallen in the last three sessions and hit its lowest since mid-December on Tuesday, finished 53.32 points, [...]
Who to follow on LinkedIn in 2015: From business veterans to speakers-turned-influencers January 7, 2015 Nearly 10m people follow the Big Ideas and Innovation channel on LinkedIn – and it’s just one of several that’s populated by posts from LinkedIn’s so-called Influencers. From Leadership and Management to Green Business, there’s a channel to suit everybody. So if you’re looking to enhance your presence on LinkedIn in 2015, start by winkling [...]
Arsenal and Tottenham Hotspur ban selfie sticks from the Emirates Stadium and White Hart Lane January 7, 2015 Selfie sticks certainly don’t please everyone and now the narcissistic gadget has fallen on the wrong side of two of London’s biggest football clubs. Fans have been banned from using the popular device used to take photos from further away at Arsenal and Tottenham’s football grounds. Match-goers will not be able to take the sticks [...]
City Link mapped: Which depots are closing down and where are the 2,586 redundancies being made? January 7, 2015 The administrators of collapsed parcel delivery firm City Link have announced further redundancies as it closes depots across the country after falling into administration on Christmas Eve. EY said 51 depots will close in the next week with the loss of another 230 jobs on top of the 2,300 announced on New Year's Eve, bringing [...]
Mayor Boris Johnson will meet with rail bosses tomorrow after second day of chaos at London Bridge station January 7, 2015 London Mayor Boris Johnson's meeting with rail bosses tomorrow is likely be dominated by the fallout of another disastrous day of overcrowding at London Bridge station. The Mayor's meeting with senior staff at Network Rail was already on the books before commuters suffered a second day of delays and "dangerous overcrowding". Johnson will demand the [...]
Sainsbury’s Christmas sales slip as outlook remains “challenging” January 7, 2015 Festive cheer failed to save supermarket Sainsbury's as it reported third quarter sales which were the worst in a decade. Like-for-like sales in stores open for more than a year fell 1.7 per cent in the 14 weeks to January 3, excluding fuel. Despite this, sales actually beat expectations, with analysts forecasting a drop between [...]
Caviar boosts Christmas sales at Fortnum’s January 6, 2015 Luxury store Fortnum & Mason saw record sales over Christmas, with caviar and the brand’s traditional hampers both flying off the shelves. Sales of the fishy delicacy were up by 42 per cent Fortnums announced, as it prepares to open its flagship store at Heathrow.