‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats
Tesco sales pick up overseas November 22, 2010 TESCO, the world’s third biggest retailer, has seen a pick up in sales growth in South Korea, its biggest market outside Britain, as well as rising sales in China, Thailand, Malaysia and India, it said yesterday. The supermarket group, on the first day of a trip to Asia with analysts, also said returns in Asia [...]
Asda sales up as it creates 7,500 UK jobs November 16, 2010 ASDA, owned by Wal-Mart, yesterday reported a return to underlying sales growth in its fiscal third quarter, helped by a focus on low prices and the relaunch of its core own-brand grocery range. The country’s second-biggest supermarket chain behind Tesco also said yesterday it would create more than 7,500 jobs next year by opening new [...]
Cable & Wireless Worldwide says it is happy with current full-year target November 16, 2010 TELECOMS firm Cable & Wireless Worldwide is comfortable with full-year expectations after posting first-half sales and earnings in line with forecasts despite pressure from cuts to UK public spending. C&W Worldwide (CWW), which concentrates on the global corporate market and has a large presence in Britain, said the “satisfactory” results had been held back by [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 14, 2010 FINANCIAL TIMES LLOYDS TO SPIN OFF BUY-OUT ARM The private equity arm of Lloyds Banking Group has for the first time outlined plans for the UK’s most prolific buy-out investor to spin off from its banking parent. Darryl Eales, chief executive of Lloyds TSB Development Capital, said it was expected to start raising money from [...]
Casino beats Tesco to Thai deal November 14, 2010 French retailer Casino has beaten supermarket giant Tesco in an auction to buy 40 Thai supermarkets from Carrefour. Casino is set to pay more than €700m for the Thai assets. Tesco, the world’s third largest supermarket by sales, had been tipped as a top contender for the purchase because it is the market leader in [...]
John Lewis is ranked among influential list November 14, 2010 RETAIL giant John Lewis has surged into a ranking of Britain’s most influential brands, as the group’s partnership approach to doing business and a record year for till receipts propelled it into the top three. TLG’s annual index of UK Business Thought Leaders ranks John Lewis below Apple and Google but above other respected names [...]
Dairy Crest secures Tesco deal November 11, 2010 Dairy Crest yesterday reported a five per cent increase in first-half underlying pre-tax profit as sales of its key brands grew and it increased sales of fresh milk to major retailers. The company made an underlying pre-tax profit of £40.1m in the half year to the end of September, up from £38.1m the year before. [...]
Ageas UK sees profits fall on higher claims November 10, 2010 AGEAS UK reported a 50 per cent fall in pre-tax profit for the first nine months of the year following increased claims from the severe wintry weather at the start of the year and poor private car sales. The insurer, formerly known as Fortis, reported profits of £16.6m for the first nine months of the [...]
THE TIPSTER November 10, 2010 The supermarket Sainsbury’s recently saw a dip in its share price, offering a rare buying opportunity for spread betters. Thanks to its immense property portfolio, Sainsbury’s is still preferred over competitors like Tesco. Capital CFDs quotes a price of 373.4p-374.0p. The G20 meeting in South Korea is now underway and the world is hoping for [...]
NATIONAL BUSINESS AWARDS CELEBRATE VERY BEST OF BRITISH November 9, 2010 “CELEBRATING” the Best of British was how Prime Minister David Cameron described the National Business Awards last night, speaking via a video link recorded before his trip to China this week. And a fine celebration the ceremony was too, honouring companies of all sectors and sizes across the UK economy, from niche tiddlers such as [...]