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Budget airline Ryanair has said that it is not changing its profit expectations for the full-year despite reporting a 35 million euro (£28.8 million) loss for the third quarter.The loss, which Ryanair’s boss Michael O’Leary blamed on lower fares and promotional activity, contrasted a rise in passenger numbers of 6%...
Heston Blumenthal has temporarily closed his London restaurant, Dinner, after it was hit by an outbreak of same the winter vomiting illness which forced its sister restaurant, the Fat Duck, to close in 2009.According to reports, two diners and three members of staff were taken ill at the two Michelin-starred...
George Dymond, the recently-appointed head of online at Morrisons, has resigned just weeks after joining the retailer, according to reports.The move is a setback for the retailer in its online plans as its prepares to roll out its long-awaited e-commerce site. The company has not commented on the reports....
Budget retailer Poundland is to open the UK’s first online pound store at poundshop.com.The prices for goods will be the same as the company’s bricks and mortar stores along with a delivery charge of £3 but the minimum order price will be £23. However, the company is also reported to...
Pizza chain Domino's has said that senior non-executive Director David Wild will temporarily take on the post of chief executive until the company finds a replacement for outgoing CEO Lance Batchelor, who is moving to Saga in March.Stephen Hemsley, Chairman, commented: "I am delighted that David has agreed to step...
The John Lewis Partnership has decided against closing its final salary pension plan, meaning it will remain as one of the only UK retailers to still offer such a generous scheme to employees. However, the amount employees receive will decrease and they will have to wait five years, rather than...
French retailer Galeries Lafayette has ended talks to buy House of Fraser, which will likely mean a stock market floatation for the department store.Although representatives officially declined to comment, it is thought that House of Fraser will be pushing ahead with plans for an IPO later this year. It is...
One in five supermarket customers admit to stealing from self-service checkouts, costing UK retailers over £1.6 billion every year according to a survey conducted by a voucher codes website.The report says that UK customers steal an average of £15-worth of fruit and veg, bakery goods, sweets and toiletries per month.The...
Disappointing sales of its Wii U console have led games company Nintendo to temporarily cut the pay of its top executives. President Satoru Iwata will be taking a 50% cut, and other executives will see reductions of between 20% and 30% until at least June.The move comes after the company...
Prosecutors have dropped a case against three men who were accused of stealing from bins outside an Iceland store in north London. The men had denied the charges of stealing tomatoes, mushrooms, cheese and Mr Kipling cakes from bins at the back of the supermarket.Iceland issued a clarifying statement to...
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