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Sainsbury’s boss sees 23% payrise as market share soars
News | 06 June 2013Sainsburys has claimed its biggest share of the grocery market for a decade boosting the pay package of its chief executive Justin King by 23 to 4 3 million Mr Kings annual bonus reached almost 1 million after he steered the UKs third biggest supermarket to underlying profits growth of...More > -
Eurotunnel banned from operating ferries
News | 06 June 2013Channel tunnel operator Eurotunnel has been banned from operating ferry services from Dover following fears it could use its dominance of cross Channel transport to hike prices Eurotunnel launched MyFerryLink last August with services between Dover and Calais after it snapped up three boats from collapsed operator SeaFrance and giving...More > -
Topshop opens first Hong Kong store
News | 06 June 2013Topshop is to open its first store in Hong Kong today a move that will give the brand access to the lucrative Chinese market Following the lead of US brands Abercrombie Fitch Tommy Bahama and Forever 21 Topshop is the UK brand is the latest Western company to open in...More > -
Moss Bros helped by online sales
News | 06 June 2013An online push helped lift sales and profits at Moss Bros after a slow start to the year for the menswear retailer The group which trades from 136 stores across the UK launched its new retail website in January and said year on year online sales soared 138 in the...More > -
Tesco hit by horsemeat scandal as UK recovery plan gathers pace
News | 05 June 2013Tesco has said that its Building a Better Tesco in the UK recovery plan is on track despite the small but discernible impact from the horsemeat scandal Results announced today revealed a 1 fall in like for like sales in the UK for the first quarter hit by a slump...More > -
HRG boss Terry Duddy under fire for 40% payrise
News | 05 June 2013The boss of Argos and Homebase owner Home Retail Group has been criticised as his pay soared by more than 40 last year despite overseeing a slide in annual profits at the group Terry Duddy earned 1 56 million in pay and perks during the year to the start of...More > -
Co-op Group boosts management with former Morrisons FD
News | 05 June 2013Under fire banking and retail giant the Co operative Group has announced moves to beef up its management team by recruiting the former finance director of Morrisons The group said that Richard Pennycook will become group finance director while Richard Pym chairman of UK Asset Resolution UKAR will chair the...More > -
Heathrow vows to get T2 opening right after learning lessons from T5
News | 05 June 2013Heathrow bosses today said that they had learned the lessons of the disastrous Terminal 5 T5 opening and promised that the opening of west Londons new 2 5 billion Terminal 2 T2 next year will be much more successful Heathrow directors said they had worked hard to learn lessons from...More > -
High street sales on the up in May
News | 04 June 2013Cautious shoppers were tempted back to the shops by offers and discounts last month pushing high street sales back to growth after a dismal April figures from the British Retail Consortium BRC have shown Like for like sales were up 1 8 on the same period in 2012 with online...More > -
Former Dragon encourages parents not to help their child in job search
News | 04 June 2013Entrepreneur James Caan has said that parents should take a back seat when it comes to helping their children find jobs and should instead encourage them to make their own way in the world Mr Caan told the Daily Telegraph that parents should only step in to use any influence...More >
