Our Stories
- Sandwich labels misleading shoppers
- Unemployment drops unexpectedly but worse still to come
- Tesco store managers see annual bonuses cut
- Royal Mail: half London sorting office to be sold
- Panasonic announces £3.4bn loss
- Thomas Cook attacks government over holidays at home promotion
- Clinton Cards falls into administration
- Wet April sees high street spending fall
- Five tough years ahead for UK jobs market
- Deal struck to save Thomas Cook
- Discount battle leads to sales decline at Morrisons
- Wetherspoon founder: pubs plans to be hit by taxes
Popular Topics
afghanistan al qaeda amazon Apple ASDA bank of england barack obama BBC british airways china david cameron Debenhams Egypt facebook george osborne Google India ipad iphone ivory coast japan Libya London M&S Marks & Spencer Morrisons nhs North Korea Office for National Statistics pakistan protests russia Sainsbury’s South Korea terrorism Tesco Tunisia UK UK retailers UK retail news UK shopping us Waitrose Wikileaks x factorArchive
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- January 2009
Thomas Cook, the embattled travel firm, has agreed a debt-refinancing deal worth £1.4bn which will secure its long-term future. The package holiday group announced over the weekend that it had agreed to extend its refinancing by a further two years to May 2015. Thomas Cook’s capital structure is now more stable as its lenders have [...]
(Read More)20th Apr 12
Nokia announces €1.3bn loss
by Paul Russell
Nokia has announced that it recorded a loss of €1.3bn (£1.1bn), due to strong competition from Samsung and Apple, as well as the disappointing performances of its new product launch. Meanwhile, the Finnish telecoms group has also revealed that its head of sales Colin Giles is departing in order to be nearer his family. Sales [...]
(Read More)3rd Apr 12
Growth in manufacturing eases UK double-dip concerns
by Paul Russell
The UK’s manufacturing sector delivered better-than-expected growth last month, easing concerns that the economy fell back into recession during the first quarter of 2012. The Markit/CIPS manufacturing PMI, which takes into account the sector’s employment, orders and output, increased from 51.5 to 52.1 in February. Anything higher than 50 indicates growth. Analysts had expected the [...]
(Read More)Have your say
"Hi there! I know this is kinda off topic but I was wondering if you knew where I could get a captcha plugin for my comment form? I'm using the same blog platform as yours and I'm having problems finding one? Thanks a lot! It is because at the same time they are becoming more and more reasonably priced, their computing power keeps growing to the point where theyre as highly effective as desktop through just a few years ago. Thanks again.
22nd Mar 12
Sainsbury’s gains ground on Tesco
by Paul Russell
Sainsbury’s has gained market share from Tesco as well as other rivals by finally shedding its image of being a supermarket for the middle classes, it said, after delivering strong sales figures. The retailer admits that it has been hindered by the reputation of being a southern-based premium store since the 1980s. However, Chief Executive [...]
(Read More)23rd Feb 12
Edinburgh Woollen Mill buys Peacocks
by Paul Russell
Discount homewares and fashion chain Peacocks has been partially saved by Edinburgh Woollen Mill, with 6,000 jobs being rescued in the process. However, 3,100 employees will be made redundant, while 224 stores have been shut down with immediate effect. This partial rescue is a welcome surprise to the retail sector; Edinburgh Woollen Mill had dropped [...]
(Read More)20th Feb 12
Retail spending increase in January
by Paul Russell
Bargain-hunting shoppers eased fears that a double-dip recession was imminent with the sharpest monthly rise in retail spending since last spring’s Royal Wedding. Shares increased and the pound strengthened following the release of Office for National Statistics’ data showing that spending on the high street and the internet went up by 0.9 per cent in [...]
(Read More)30th Jan 12
Train staff to get Olympic bonus
by Paul Russell
Staff on London’s Docklands Light Railway will be paid a weekly bonus of £100 just for going into work during the Olympic Games. The RMT union secured the agreement on behalf of its 550 members, and it dwarfs previous deals tied up by tube drivers and many other transport workers during the Olympics. It will [...]
(Read More)27th Jan 12
Heart attack deaths halved over last decade
by Paul Russell
The heart attack death rate in England has halved during the last decade, revealed a study from Oxford University. The research, which has been published in the British Medical Journal, studied over 800,000 people who suffered heart attacks from 2002 to 2010. They discovered that there were fewer heart attacks in the later years and [...]
(Read More)26th Jan 12
Fried food cooked with olive oil fine for heart
by Paul Russell
Eating fried food might not be so bad for the heart, so long as olive or sunflower oil is used to make it, say experts. They found no raised risk of premature death or heart disease linked with food which had been cooked this way. However, the investigators point out that the discoveries, from studying [...]
(Read More)23rd Jan 12
UK retail sales rise in pre-Christmas boost
by Paul Russell
High street sales promotions helped UK retail sales volumes grow in December, revealed official figures, as shops battled for hard-up customers during the lead-up to Christmas. Month-on-month growth in retail sales volumes of 0.6 per cent was recorded last month, reported the Office for National Statistics (ONS), compared to a revised decline of 0.5 per [...]
(Read More)