Are you working overseas? October 22, 2014 Working overseas and sending money back home should be simple in our modern ‘digital age’, but in many cases, you could find you are losing a lot of your salary through unfavourable exchange rates and high transfer fees. With City A.M. International Payments you can expect rates that are typically 3-4pc better than you can [...]
Car auctioneer float comes to a screeching halt October 21, 2014 BRITISH Car Auctions (BCA), owner of the webuyanycar.com, became the latest casualty of weak equity markets yesterday after it was forced to pull its impending stock listing. The private equity-owned group, backed by Clayton Dublier & Rice, blamed “volatility in global equity markets” for pulling down the listing, which aimed to raise £200m. “The board [...]
Primark strikes deal with Sears to open seven stores in the US October 20, 2014 PRIMARK has struck a deal to open seven stores in the US, including its first in New York, through a leasing deal with retailer Sears. The value retailer revealed yesterday it has agreed to take around 520,000 square feet of unwanted retail space from Sears in shopping malls in the north east of the US. [...]
Amazon hires for Christmas: 13,000 temporary UK jobs to be created over festive period October 20, 2014 Amazon is set to create an extra 13,000 temporary jobs in the UK over the Christmas season as the online giant braces itself for the busiest trading period of the year. The company announced yesterday it will hire people to work across it eight fulfilment centres across the UK and its customer service centre [...]
Coming to America: Primark signs deal for a further seven stores in the US October 20, 2014 Primark is to open a further seven stores in the US, including its first in New York, through a lease deal with Sears Holdings revealed today. The value retailer is taking on around 520,000 gross square feet of retail space in mall-based stores in the north east of the US. Primark will take on [...]
Fashion rocked as warm weather cools footfall on the high street October 19, 2014 Footfall across UK high streets and shopping centres fell in September as the balmy weather put shoppers off stocking up on autumn/winter clothing, despite a pick-up in activity on the previous month. Visitor numbers dropped by 0.9 per cent in the year to September but improved slightly on the 1.1 per cent decline reported in [...]
Will Ebola reach the UK? Screening to begin at Manchester and Birmingham airports to prevent spread October 17, 2014 Ebola screening is to take place at Birmingham and Manchester airports, according to Public Health England. Passengers arriving from the affected countries in west Africa will be screened for the deadly virus, which has already killed more than 4,500 people according to World Health Organisation (WHO) estimates. Screening at the two airports will [...]
Carnage on the trading floor as FTSE dives 2.8pc – London Report October 15, 2014 BRITAIN’S top share index yesterday plummeted to a 15-month low, with cyclical stocks such as commodities and banks falling on fears of weakening global growth and drugmakers slipping on AbbVie’s decision to reconsider its $55bn (£34.5bn) takeover of British rival Shire. The FTSE 100 ended 181.04 points, or 2.8 per cent lower at 6,211.64, the [...]
Waterstones still able to book a place in nation’s hearts – Brand Index October 14, 2014 Once a regular fixture on the high street, growing competition from online retailers, supermarkets and the rise of e-books is taking its toll on booksellers – even on chains such as Waterstones. Established in 1982 by Tim Waterstone, the bookseller expanded rapidly until being sold in 1993 to WH Smith. Then it changed hands several times [...]
Ebola screening at UK airports: How will the spread be contained and who will be tested? October 14, 2014 New Ebola screening measures were introduced at Heathrow airport terminal one this morning, as the government boosts measures to prevent the deadly virus from entering the UK. Those arriving from Guinea, Liberia and Sierra Leone – the three countries suffering most from the current outbreak in West Africa – will be subject to the [...]