020 7432 8855 to advertise
A 48-hour strike by RMT and TSSA union members has hit commuters on London's tube network this morning. A limited service is in place until Friday morning, with approximately 100 extra buses being drafted in and the overground and tram services picking up the slack.According to the BBC, the current...
Winemaker Penfolds has released 330 bottles of a 50-year-old port at £1,900 each through its cellar door as well as travel retail outlets across the world.Penfolds 50 Year Old Rare Tawny is said to boast a "silky and luscious" palate with "concentrated flavours of mocha, chocolate, fruit cake, salted plum and...
Amazon saw sales growth in the UK slow last year, rising to just $7.29 billion (£4.47billion) from $6.48 billion in 2012, an uplift of just over half the 21% growth seen between 2011 and 2012.Nick Bubb, an independent retail analyst, said he was surprised by the extent of the slowdown....
The chairman of Punch Taverns Stephen Billingham has warned that the group faces years of uncertainty if a £2.3 billion restructuring plan isn't approved by creditors next Friday.Ahead of the vote, Mr Billingham said: "The next few days will be some of the most important in the company's history. The...
The owners of Game Retail have appointed advisors to determine whether or not to float the company on the stock exchange, according to reports.The retailer went into administration in 2012, closing approximately half of its stores resulting in 2,104 job losses.Since it was rescued, Game has seen market share recover...
Famous pottery firm Denby Group is being sold after a strong performance in 2013 and just five years after it was rescued from falling into administration.A focus on exports prompted record growth in North America and Asia which has prompted private equity owner Hilco Capital to appoint advisors to begin...
Apprenticeships are growing in popularity among both employers and young people according to figures released today by the National Apprenticeship Service. The quarterly Apprenticeship Index reveals a 24% increase in apprenticeship vacancies posted online on the apprenticeship vacancies website between August and October 2013 compared to the same period the...
Ocado’s co-founder Jason Gissing has said that he is to step down from the company at the AGM in May. The announcement follows an annual trading update in which the company saw widening losses.In the year ended Decmber 1st 2013, the company improved its sales growth and signed a transformational...
Childrenswear and toy retailer Mothercare is reportedly in talks to sell the Early Learning Centre brand.Several potential suitors have been linked to the sale of ELC, which Mothercare bought in 2007 and which has been hit by a shift to electronic toys in recent years.Mothercare is currently reducing its store...
British bookstore chain Waterstones has reduced its operating losses following its sell-off from HMV to Russian billionaire Alexander Mamut.In the first full year of trading after being sold by HMV Group for £53.5 million, the chain made an operating loss before exceptional items of £12.2 million, a £13.2 million improvement...
Why not sign up for daily news emails?
