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BHS slides to £71 million loss
News | 31 May 2013A drop in turnover at department store BHS led to the company falling 71 million into the red last year compared to a 12 2 million profit the year before Turnover fell 5 5 to 699 7 million in the year to the end of August accounts filed recently at...More > -
Kingfisher hit by cold weather
News | 30 May 2013Kingfisher owner of DIY chain B Q has said that sales of outdoor seasonal products dropped by more than 10 as the chain was hit hard by the prolonged cold spell and a continued lack of consumer confidence The slump in outdoor product trade which contributes nearly a third of...More > -
Museum and gallery workers to strike
News | 30 May 2013Workers at museums and galleries will go on strike today in the latest phase of industrial action by civil servants in a long running row over jobs pay and pensions Staff at the National Gallery National Portrait Gallery and Imperial War Museum in London and Tate galleries in the capital...More > -
Ryanair under scrutiny over Aer Lingus stake
News | 30 May 2013Airline Ryanair could be forced to sell its stake in rival Aer Lingus on competition grounds after a report from the the UKs Competition Commission The watchdog said in provisional findings that Ryanairs 29 8 shareholding in Aer Lingus was likely to weaken its main competitor and could hold it...More > -
Warnings over high street "regeneration" plans
News | 30 May 2013New rules designed to cut red tape and reinvigorate the high street under the Mary Portas plans could see them overrun with betting shops and payday loan companies the Local Government Association LGA has warned From today owners and developers will no longer need permission to change the use of...More > -
Sports Direct announces major European expansion
News | 29 May 2013Sports Direct has acquired majority stakes in two leading European sporting goods retailers Sports Eybl Sports Experts AG EAG based in Austria and Sportland International Group SIG based in the Baltic region A spokesperson for Sports Eybl Sports Experts AG said Eybl has a proud heritage as a family owned...More > -
UK workplaces "lack innovation"
News | 29 May 2013New research has revealed that the UK has one of the lowest rates of employee innovation in the world The findings from market research firm ORC International have been released from the companys global perspectives survey which received more than 7 000 responses across 19 countries worldwide The survey exposes...More > -
Thomas Cook secures aircraft financing
News | 29 May 2013Thomas Cook Group has announced further progress with its fleet renewal programme by acquiring six A321 200s directly from Airbus It is anticipated that four of the aircraft will be delivered to Thomas Cook in the first quarter of 2015 with the remaining two expected to be delivered in the...More > -
Nike ends Armstrong charity commercial partnership
News | 29 May 2013Nike has ended its commercial partnership with the Livestrong Foundation set up by disgraced cyclist Lance Armstrong The American sportswear company which produced Livestrongs yellow wristbands among a wide range of other merchandise will cease to work with the cancer charity beyond its next collection of products A statement from...More > -
New Co-op banking chief named
News | 28 May 2013Senior HSBC banker Niall Booker has been named chief executive of the troubled Co operative Bank and deputy chief executive of the wider Co operative Group from June 10th it was announced today Mr Booker has held a variety of senior roles at HSBC in a career of more than...More >
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