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Socially Most Trending News

.... . Former market trader Chris Dawson founded the Range discount stores which he describes as "the working man's John Lewis". ... [Read full article on BBC ]
Sunday 7th of May 2017 01:09:00 PM
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....". The 737 MAX 8, the first version of the plane to be built, carries a list price of $110m but airlines generally receive steep discounts. ... [Read full article on BBC ]
Thursday 11th of May 2017 04:41:43 AM
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....". The ruling could lead to copycat versions of the bars hitting shelves, a practice some discounter supermarkets have popularised. ... [Read full article on BBC ]
Wednesday 17th of May 2017 11:25:05 AM
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....But taking the dividend payments into account means the total £20bn outlay has already been repaid. Former chancellor George Osborne had hoped to offer the shares at a discount direct to the public, with a campaign similar to the classic Tell Sid campaign for British Gas in the 1980s. ... [Read full article on BBC ]
Tuesday 16th of May 2017 04:54:38 PM
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....The annual report also revealed that Tesco paid £142,000 in stamp duty and legal fees to help Lewis buy a house closer to the company’s headquarters in Hertfordshire. For much of the past decade Tesco has been losing customers to discount grocers Aldi and Lidl, but in the 112 months to the end of February, it managed its first full year of sales growth since 2009-10, with like-for-like sale up by 0. ... [Read full article on Guardian ]
Friday 12th of May 2017 07:21:20 AM
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....Rowe, who began his retail career aged 15 as a Saturday boy at the M&S Croydon store in south London, and took over as chief executive last April, is seeking to revive the declining profits of the 132-year-old retailer. His biggest job is turning around its clothing arm which under his predecessor, Marc Bolland, relied on heavy discounting to attract shoppers. ... [Read full article on Guardian ]
Thursday 27th of April 2017 06:10:06 PM
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Thursday 11th of May 2017 11:26:30 AM
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....1% in the fourth quarter. Mr Rowe said the company remained "on track" with its turnaround plans announced last year, which include opening new food-only stores, selling clothing and homewares in fewer stores and cutting back on discounting. ... [Read full article on BBC ]
Wednesday 24th of May 2017 06:30:53 AM
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....Rowe, who began his retail career aged 15 as a Saturday boy at M&S’s Croydon store in south London and took over as chief executive in April 2016, is seeking to revive the declining profits of the 132-year-old retailer. His biggest job is turning around its clothing arm, which under predecessor Marc Bolland relied on heavy discounting to attract shoppers. ... [Read full article on Guardian ]
Sunday 21st of May 2017 10:16:45 AM
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....Mr Goodwin, who was stripped of his knighthood in 2012, oversaw the multi-billion-pound deal to buy Dutch rival ABN Amro at the height of the financial crisis in 2007, which led to the RBS bailout. The case centres on the rights issue aimed at funding the deal, which asked existing shareholders to pump £12bn into the bank in exchange for discounted extra shares. ... [Read full article on BBC ]
Monday 22nd of May 2017 12:12:00 AM
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....Vinas was not the only customer to express a similar point of view. Others said that for their groceries they went several blocks north and west to lower-cost rival Trader Joe’s, where products may not be so exquisitely selected but are, in general, more uniformly discounted. ... [Read full article on Guardian ]
Saturday 29th of April 2017 11:00:28 AM
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....UK shoppers 'biggest online spenders'. The supermarket is also facing pressure from discounters like Aldi and Lidl. ... [Read full article on BBC ]
Wednesday 3rd of May 2017 06:27:59 AM
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....9% – meaning £1 out of every £14 spent in the UK on groceries goes into Aldi’s tills – while Lidl is also making gains. Research group Kantar predicts Lidl could also overtake Waitrose this summer as the discounters benefit from new store openings and shoppers search out bargains amid a return to food price inflation. ... [Read full article on Guardian ]
Thursday 11th of May 2017 06:56:14 PM
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.... The bank is also in the throes of taking over credit card firm MBNA which will take its share of the market to 26% and add to its financial dominance: Lloyds has a 25% share of current accounts, 22% of retail deposits and 21% of mortgages. Despite Hammond’s celebratory remarks, the sell-off has not taken place as envisaged by his predecessor George Osborne who had aimed to hold a discounted share sale to the public – which had to be abandoned when Lloyds shares slumped. ... [Read full article on Guardian ]
Wednesday 17th of May 2017 07:37:15 AM
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. Lidl is on track to overtake Waitrose to become the UK’s seventh-biggest grocer as early as this summer as the discounters benefit from new store openings and shoppers search out bargains amid a return to food price inflation. ... [Read full article on Guardian ]
Wednesday 3rd of May 2017 08:24:46 AM
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....While the last chunk of shares have been sold at a loss, below that breakeven price, the bulk were sold at a profit. The fall in the share price meant that the government’s intention to sell the last shares in a discounted share offering to the public had to be abandoned. ... [Read full article on Guardian ]
Tuesday 16th of May 2017 04:45:44 PM
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....Uber said: “The vast majority of drivers who use Uber tell us they want to remain their own boss as that’s the main reason why they signed up to us in the first place. But we know drivers want more security too, which is why we are investing in a heavily discounted illness and injury cover offer for drivers. ... [Read full article on Guardian ]
Sunday 30th of April 2017 11:01:13 PM
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....2tn. While growth was seen in nearly all the 17 sectors tracked by Mintel, it was notably lower across all fast-moving consumer goods markets, reflecting supermarket price wars and the impact of discounters Aldi and Lidl. ... [Read full article on Guardian ]
Friday 19th of May 2017 04:53:37 AM
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....A number of small business owners have claimed RBS pushed them towards its former turnaround division known as the Global Restructuring Group (GRG). They then alleged it attempted to profit from their problems by charging them high fees and buying their properties at discounted prices. ... [Read full article on BBC ]
Thursday 18th of May 2017 01:48:53 PM
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....John Ibbotson, director of the retail consultancy Retail Vision, said Dave Potts' "back-to-basics approach" had transformed Morrisons' fortunes. "The introduction of the 'Best' premium own brand range and more healthy options has pulled in more affluent shoppers, and the focus on good value, fresh food has successfully driven a wedge between Morrisons and the discounters," he said. ... [Read full article on BBC ]
Thursday 4th of May 2017 07:51:41 AM
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.... Supermarkets routinely use the same suppliers to make similar products, although recipes are kept secret and all equipment is deep-cleaned between each rival production run. Derbyshire-based Matthew Walker, for example, turns out 26m Christmas puddings a year for all the major supermarkets and brands – from German discounters such as Lidl and Aldi through to Harrods and Waitrose. ... [Read full article on Guardian ]
Saturday 29th of April 2017 08:00:25 AM
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.... . It has tried to counter the rise of rival online retailers by opening more of its discount Rack stores, investing in the popular online menswear brand Bonobos and other tweaks such as speeding up its website. ... [Read full article on BBC ]
Thursday 11th of May 2017 04:39:56 PM
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....TJX also said profits would decline in the current quarter, sending shares down more than 3% in New York. The forecast highlighted the challenges facing even discounters, which had been considered a retail bright spot. ... [Read full article on BBC ]
Tuesday 16th of May 2017 03:15:57 PM
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....Mark Harris, chief executive of mortgage broker SPF Private Clients, said: "With HSBC launching the cheapest five-year fix on the market at 1. 69% and Yorkshire Building Society introducing a record low two-year discounted rate at 0. ... [Read full article on BBC ]
Thursday 4th of May 2017 09:49:42 AM
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....The rivals have all had problems, but have managed to improve their performance in the past year. German discount rivals Aldi and Lidl have eaten into the Big Four's market share, although their rapid expansion of recent years has slowed. ... [Read full article on BBC ]
Thursday 18th of May 2017 01:49:20 PM
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.... An attack of this kind would most likely be difficult to monitor or stop. So, while investors may be right to discount the risk of a conventional military conflict between the US and North Korea, they also may be underestimating the threat of a true black swan event, such as a disruptive cyberwar between the two countries or a dirty bomb attack against the US. ... [Read full article on Guardian ]
Monday 8th of May 2017 11:19:37 AM
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.... Instead of truly examining the social and economic forces that lock young people out of the property market, why not focus on our expenditure? Never mind that, for most young people, it would take over a century of skipping their luxurious monthly brunch in order to get a mortgage for a poky starter home. Never mind that older generations had access to free or heavily discounted education, cheap property prices and stable, unionised employment, or the fact that their breakfast options were severely limited (this, I believe, is why they focus on brunch and not, say, your Netflix subscription. ... [Read full article on Guardian ]
Tuesday 16th of May 2017 12:25:24 PM
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....They will not be sold with the fanfare envisioned by George Osborne when he was chancellor. He had ambitions for a discounted share sale to the public, which had to be abandoned a year later by his successor, Philip Hammond, because of the fall in the bank’s shares after the Brexit vote. ... [Read full article on Guardian ]
Sunday 14th of May 2017 02:28:48 PM
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.... In March, Tesco was fined £129m for the affair. The retailer has also been trying to re-adjust to a price war brought on by the rise of German discounters Aldi and Lidl. ... [Read full article on BBC ]
Friday 12th of May 2017 02:48:01 PM
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...." . The on-going legal action centres on the allegation that Areva in 2011 bought a stock of uranium from Niger at a discounted price, causing the national treasury to lose money. ... [Read full article on BBC ]
Friday 28th of April 2017 04:54:04 PM
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Latest Finance News related to Discount

M&S profits dive by nearly two-thirds as clothing sales slide image
Source : Guardian [Read Article] Wednesday 24th of May 2017 06:59:23 AM
....Despite the disappointing quarterly figures Rowe pointed to green shoots within its clothing arm, which he will be handing over to Jill McDonald – who has been poached from car parts and bike retailer Halfords – in the autumn. “We are starting to stabilise market share and importantly have seen full price market share growth, as we removed excessive discounting,” said Rowe. ...
M&S annual profits fall by 64% as revamp costs bite image
Source : BBC [Read Article] Wednesday 24th of May 2017 06:30:53 AM
....1% in the fourth quarter. Mr Rowe said the company remained "on track" with its turnaround plans announced last year, which include opening new food-only stores, selling clothing and homewares in fewer stores and cutting back on discounting. ...
Adani royalty rate akin to 'rent free' period in Galilee Basin, Matt Canavan says image
....The resources and northern Australia minister said there was a “serious question mark” over the Adani Carmichael coalmine because the Queensland government has deferred a plan to give it a royalty concession. The Queensland government reportedly considered offering Adani a royalties pause worth up to $320m in which Adani would pay a discounted $2m a year rate on exported coal in the mine’s early years but a decision was put off after criticism from the deputy premier, Jackie Trad. ...
Big energy firms lobby Theresa May to water down price cap pledge image
Source : Guardian [Read Article] Monday 22nd of May 2017 03:23:19 PM
.... But under a compromise that has been put to the government, only 6m households would have their energy bills capped. Under the plan, an existing cap for 4m households on prepayment meters – mostly more vulnerable customers – would be extended to a further 2m homes that already receive a £140 discount on their electricity bills, the Warm Home Discount. ...
RBS court battle with investors adjourned image
Source : BBC [Read Article] Monday 22nd of May 2017 12:12:00 AM
....Mr Goodwin, who was stripped of his knighthood in 2012, oversaw the multi-billion-pound deal to buy Dutch rival ABN Amro at the height of the financial crisis in 2007, which led to the RBS bailout. The case centres on the rights issue aimed at funding the deal, which asked existing shareholders to pump £12bn into the bank in exchange for discounted extra shares. ...
Marks & Spencer to report slump in clothing sales after short-lived boost image
....Rowe, who began his retail career aged 15 as a Saturday boy at M&S’s Croydon store in south London and took over as chief executive in April 2016, is seeking to revive the declining profits of the 132-year-old retailer. His biggest job is turning around its clothing arm, which under predecessor Marc Bolland relied on heavy discounting to attract shoppers. ...
Price rises caused by Brexit a big worry for UK consumers, survey finds image
....2tn. While growth was seen in nearly all the 17 sectors tracked by Mintel, it was notably lower across all fast-moving consumer goods markets, reflecting supermarket price wars and the impact of discounters Aldi and Lidl. ...
Asda suffers 11th quarter of falling sales image
Source : BBC [Read Article] Thursday 18th of May 2017 01:49:20 PM
....The rivals have all had problems, but have managed to improve their performance in the past year. German discount rivals Aldi and Lidl have eaten into the Big Four's market share, although their rapid expansion of recent years has slowed. ...
RBS settlement has left business couple feeling 'gutted' image
Source : BBC [Read Article] Thursday 18th of May 2017 01:48:53 PM
....A number of small business owners have claimed RBS pushed them towards its former turnaround division known as the Global Restructuring Group (GRG). They then alleged it attempted to profit from their problems by charging them high fees and buying their properties at discounted prices. ...
Nestle fails to trademark four-fingered KitKat shape image
Source : BBC [Read Article] Wednesday 17th of May 2017 11:25:05 AM
....". The ruling could lead to copycat versions of the bars hitting shelves, a practice some discounter supermarkets have popularised. ...
Lloyds claims taxpayers have made £900m profit from bailout image
Source : Guardian [Read Article] Wednesday 17th of May 2017 07:37:15 AM
.... The bank is also in the throes of taking over credit card firm MBNA which will take its share of the market to 26% and add to its financial dominance: Lloyds has a 25% share of current accounts, 22% of retail deposits and 21% of mortgages. Despite Hammond’s celebratory remarks, the sell-off has not taken place as envisaged by his predecessor George Osborne who had aimed to hold a discounted share sale to the public – which had to be abandoned when Lloyds shares slumped. ...
Labour's water renationalisation plan is a damp squib | Nils Pratley image
Source : Guardian [Read Article] Tuesday 16th of May 2017 07:34:13 PM
.... The government can also claim a profit of a sort – maybe about £500m – even though that’s an odd way to look at things since there would have been many better ways to invest £20bn. But at least the exit has been achieved without George Osborne’s silly idea of offering shares to the public at a discount. ...
Share sale returns Lloyds to private sector image
Source : BBC [Read Article] Tuesday 16th of May 2017 04:54:38 PM
....But taking the dividend payments into account means the total £20bn outlay has already been repaid. Former chancellor George Osborne had hoped to offer the shares at a discount direct to the public, with a campaign similar to the classic Tell Sid campaign for British Gas in the 1980s. ...
Lloyds reaches landmark as government sells final shares image
Source : Guardian [Read Article] Tuesday 16th of May 2017 04:45:44 PM
....While the last chunk of shares have been sold at a loss, below that breakeven price, the bulk were sold at a profit. The fall in the share price meant that the government’s intention to sell the last shares in a discounted share offering to the public had to be abandoned. ...
Sales growth grinds to a halt for TK Maxx image
Source : BBC [Read Article] Tuesday 16th of May 2017 03:15:57 PM
....TJX also said profits would decline in the current quarter, sending shares down more than 3% in New York. The forecast highlighted the challenges facing even discounters, which had been considered a retail bright spot. ...
Stop spending money on avocados? Good idea, I’ll have a house deposit by 2117 | Rhiannon Lucy Cosslett image
.... Instead of truly examining the social and economic forces that lock young people out of the property market, why not focus on our expenditure? Never mind that, for most young people, it would take over a century of skipping their luxurious monthly brunch in order to get a mortgage for a poky starter home. Never mind that older generations had access to free or heavily discounted education, cheap property prices and stable, unionised employment, or the fact that their breakfast options were severely limited (this, I believe, is why they focus on brunch and not, say, your Netflix subscription. ...
Final taxpayer shares in Lloyds Banking Group to be sold off image
Source : Guardian [Read Article] Sunday 14th of May 2017 02:28:48 PM
....They will not be sold with the fanfare envisioned by George Osborne when he was chancellor. He had ambitions for a discounted share sale to the public, which had to be abandoned a year later by his successor, Philip Hammond, because of the fall in the bank’s shares after the Brexit vote. ...
Inside the new Battersea Power Station image
Source : Guardian [Read Article] Saturday 13th of May 2017 07:00:41 AM
.... The number is far less than is usually demanded but the local council Wandsworth agreed to a lower proportion because the development will improve the area and the developer is contributing to the tube extension. Local residents will get an average market rent discount of 40%. ...
Tesco chief executive Dave Lewis sees pay fall 10% image
Source : BBC [Read Article] Friday 12th of May 2017 02:48:01 PM
.... In March, Tesco was fined £129m for the affair. The retailer has also been trying to re-adjust to a price war brought on by the rise of German discounters Aldi and Lidl. ...
Tesco boss's bonus cut despite first sales growth in seven years image
Source : Guardian [Read Article] Friday 12th of May 2017 07:21:20 AM
....The annual report also revealed that Tesco paid £142,000 in stamp duty and legal fees to help Lewis buy a house closer to the company’s headquarters in Hertfordshire. For much of the past decade Tesco has been losing customers to discount grocers Aldi and Lidl, but in the 112 months to the end of February, it managed its first full year of sales growth since 2009-10, with like-for-like sale up by 0. ...
Aldi plans to open up to eight stores in some UK towns image
Source : Guardian [Read Article] Thursday 11th of May 2017 06:56:14 PM
....9% – meaning £1 out of every £14 spent in the UK on groceries goes into Aldi’s tills – while Lidl is also making gains. Research group Kantar predicts Lidl could also overtake Waitrose this summer as the discounters benefit from new store openings and shoppers search out bargains amid a return to food price inflation. ...
Sliding sales stoke fears for US department stores image
Source : BBC [Read Article] Thursday 11th of May 2017 04:39:56 PM
.... . It has tried to counter the rise of rival online retailers by opening more of its discount Rack stores, investing in the popular online menswear brand Bonobos and other tweaks such as speeding up its website. ...
Boeing halts test flight of new plane image
Source : BBC [Read Article] Thursday 11th of May 2017 04:41:43 AM
....". The 737 MAX 8, the first version of the plane to be built, carries a list price of $110m but airlines generally receive steep discounts. ...
Home sales in COLLAPSE: Lenders pull the plug after surveyors downgrade values  image
Source : Daily Express [Read Article] Wednesday 10th of May 2017 01:57:00 PM
....Lenders are more likely to retract provisional mortgage offers after receiving a so-called down-valuation, if the borrower has a smaller deposit and is looking for a higher loan to value, on the ground evidence suggests. In other cases, the mortgage provider may still go ahead if the buyer is able to try to secure a discount on the asking price from the vendor. ...
Tory claims over energy price cap are just hot air | Nils Pratley image
Source : Guardian [Read Article] Tuesday 9th of May 2017 06:46:24 PM
.... It’s not hard to guess what will happen if suppliers are forced to cut £100 from 17m standard-rate bills. The companies will yank their discount fixed-price tariffs to minimise the financial pain for themselves. ...
Uber should lose its licence if it doesn't improve workers' rights, say drivers image
....”. The company said it had recognised that drivers wanted more security and so had recently starting offering discounted illness and injury cover for drivers. ...
Why the global markets are ignoring the global turmoil | Nouriel Roubini image
.... An attack of this kind would most likely be difficult to monitor or stop. So, while investors may be right to discount the risk of a conventional military conflict between the US and North Korea, they also may be underestimating the threat of a true black swan event, such as a disruptive cyberwar between the two countries or a dirty bomb attack against the US. ...
Making money image
Source : BBC [Read Article] Sunday 7th of May 2017 01:09:00 PM
.... . Former market trader Chris Dawson founded the Range discount stores which he describes as "the working man's John Lewis". ...
Revealed: Britain's cheapest supermarket prices for your weekly shop image
Source : Daily Express [Read Article] Saturday 6th of May 2017 04:48:00 PM
....80. So-called discounters have made huge strides against Britain's biggest supermarkets in recent years, a trend that shows no sign of slowing. ...
Brexit could slash the price of a pint by 20p if pubs unleashed from Brussels' red tape image
....Draught beers below 2. 8 per cent alcohol currently receive a 50 per cent duty discount – the campaign group wants the threshold raised to 3. ...
Share your horror stories to help end ticket rip-offs image
Source : Guardian [Read Article] Saturday 6th of May 2017 06:00:56 AM
....But two months after she paid – and just three weeks before the big day – StubHub emailed to say the seller was “unable to complete the sale”. Instead, the family was offered tickets 25 rows from the pitch for a 3% discount. ...
Mortgage price war: HSBC five-year fix ramps up competition as borrowers urged to switch image
.... The five-year offering has a fee of £999, available to borrowers with a equity of at least 25 per cent (75 per cent Loan To Value). At the same time, Yorkshire Building Society has introduced a record low two-year discounted rate home loan with a rate of just 0. ...
Mortgage approvals dip for second month image
Source : BBC [Read Article] Thursday 4th of May 2017 09:49:42 AM
....Mark Harris, chief executive of mortgage broker SPF Private Clients, said: "With HSBC launching the cheapest five-year fix on the market at 1. 69% and Yorkshire Building Society introducing a record low two-year discounted rate at 0. ...
Morrisons sales jump as recovery continues image
Source : BBC [Read Article] Thursday 4th of May 2017 07:51:41 AM
....John Ibbotson, director of the retail consultancy Retail Vision, said Dave Potts' "back-to-basics approach" had transformed Morrisons' fortunes. "The introduction of the 'Best' premium own brand range and more healthy options has pulled in more affluent shoppers, and the focus on good value, fresh food has successfully driven a wedge between Morrisons and the discounters," he said. ...
Sainsbury’s warns over pay squeeze as profits slide image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 10:02:09 AM
....Coupe said the company had a three- to five-year plan to move towards “strong and steady” profits growth. While sales fell by 2% in Sainsbury’s core supermarkets amid heavy competition from the upstart discounters Aldi and Lidl and changing shopping habits, Coupe said the company was investing in growth areas including online groceries and convenience stores, where sales rose by more than 8% and 6% respectively over the year. ...
Billions wasted on home and car insurance as people fail to shop around, says new research image
....You should also inform your insurer of any change in your circumstances, such as building work, or even a new pet. Powell said it may still be worth comparing what’s on offer even if you are happy with your current insurer: “If you can find cheaper quotes for the same level of cover, your current insurer might offer you a discount. ...
Lidl on course to surpass Waitrose and enter UK supermarket top seven image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 08:24:46 AM
. Lidl is on track to overtake Waitrose to become the UK’s seventh-biggest grocer as early as this summer as the discounters benefit from new store openings and shoppers search out bargains amid a return to food price inflation. ...
No 'peace' for internet users accusing BT of empty promises over broadband speeds image
.... Following intervention from The Observer, Ali has been allowed to switch back to copper cabling and given a £2. 50 discount on his monthly fee, but he says his broadband has continued to have problems and the service is almost permanently down. ...
May Day report by MPs damns growing UK gig economy image
Source : Guardian [Read Article] Sunday 30th of April 2017 11:01:13 PM
....Uber said: “The vast majority of drivers who use Uber tell us they want to remain their own boss as that’s the main reason why they signed up to us in the first place. But we know drivers want more security too, which is why we are investing in a heavily discounted illness and injury cover offer for drivers. ...
Hard times for Whole Foods: 'People say it's for pretentious people. I can see why' image
....Vinas was not the only customer to express a similar point of view. Others said that for their groceries they went several blocks north and west to lower-cost rival Trader Joe’s, where products may not be so exquisitely selected but are, in general, more uniformly discounted. ...
Hummus 'crisis' sheds light on secret world of mass food production image
Source : Guardian [Read Article] Saturday 29th of April 2017 08:00:25 AM
.... Supermarkets routinely use the same suppliers to make similar products, although recipes are kept secret and all equipment is deep-cleaned between each rival production run. Derbyshire-based Matthew Walker, for example, turns out 26m Christmas puddings a year for all the major supermarkets and brands – from German discounters such as Lidl and Aldi through to Harrods and Waitrose. ...
Our flat was perfect  – until planners let a restaurant open below image
Source : Guardian [Read Article] Saturday 29th of April 2017 06:00:22 AM
.... More importantly, many lenders will also be unhappy to lend on such homes, [so] vendors are often forced to consider a cash sale. Cash investors will typically look for a discount and valuers will therefore reflect this in their opinion. ...
Niger 'cleared' over Areva uranium deal image
Source : BBC [Read Article] Friday 28th of April 2017 04:54:04 PM
...." . The on-going legal action centres on the allegation that Areva in 2011 bought a stock of uranium from Niger at a discounted price, causing the national treasury to lose money. ...
M&S to trial online food delivery service this autumn image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:10:06 PM
....Rowe, who began his retail career aged 15 as a Saturday boy at the M&S Croydon store in south London, and took over as chief executive last April, is seeking to revive the declining profits of the 132-year-old retailer. His biggest job is turning around its clothing arm which under his predecessor, Marc Bolland, relied on heavy discounting to attract shoppers. ...
In the small print image
Source : BBC [Read Article] Wednesday 26th of April 2017 03:35:41 PM
.... The administration says the cuts will be paid for by closing tax loopholes available to "special interests" and the very rich, but those haven't been specified. He's also proposed an amnesty period when corporations holding cash overseas can repatriate the money at a discounted rate. ...
Stock markets surge to new highs ahead of Trump's tax reform plan image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:35:25 PM
....Asian shares set the tone overnight with the Nikkei 225 closing just over 1% higher. But with analysts saying a shock victory for Le Pen could not be completely discounted, and growing concerns about Macron’s ability to effect change if he does win, the gains in Europe were more muted. ...
Minister makes U-turn over £300m business rates relief fund image
Source : Guardian [Read Article] Monday 24th of April 2017 06:16:40 PM
.... The last revaluation, which came into effect in 2010, was based on rental values from 2008 which explains why some firms have seen a sharp rise in their bills. Hammond’s relief package comprised the £300m discretionary fund, which is spread over four years, and a £1,000 discount on this year’s rates bill for pubs with a rateable value of less than £100,000. ...
Bubble, bubble, toil and trouble: why ultra-low mortgage rates are dangerous | Jonn Elledge image
.... For one thing, this isn’t a fixed rate deal. It’s actually a (bear with me on this) two-year-long discount of 3. ...
Five Minute Guide to: Ensuring your car cover is valid image
Source : Daily Express [Read Article] Sunday 23rd of April 2017 12:01:00 AM
.... . Some even considered lying about their no-claims discount, only to realise their insurance company would demand proof. ...
Lloyds bank bailout repaid in full, says Philip Hammond image
Source : Guardian [Read Article] Friday 21st of April 2017 05:00:20 PM
....The repayment has not been achieved in the way Hammond’s predecessor, George Osborne, envisaged. Osborne promised a discounted share offering to the public which had to be abandoned last year amid market turbulence. ...
Sports Direct's £78m move into US retail stuns analysts image
Source : Guardian [Read Article] Friday 21st of April 2017 03:41:12 PM
....“The acquisition is expected to complete in the first half of May 2017 and will provide Sports Direct with a footprint in US bricks-and-mortar retail and a platform from which to grow US online sales,” the company said. The US sporting goods sector is being tested by the expansion of online shopping and discount chains. ...
UK bank launches cheapest ever mortgage rate at 0.89% but there's a MAJOR catch image
. But credit hunters will have to pay a whopping £1,495 fee to secure the "discounted Standard Variable Rate". ...
Average UK car insurance premiums up 8% in a year image
Source : Guardian [Read Article] Friday 21st of April 2017 08:54:53 AM
.... “Coupled with hikes in road tax for new cars and petrol prices rising since the start of 2017, it’s likely that many drivers will feel the cost of motoring burning a sizeable hole in their pockets,” said a spokesperson. The change to the way in which compensation for serious personal injuries is calculated – the so-called Ogden discount rate – is also likely to lead to big additional costs, says the ABI. ...
Car insurance premiums jumped by 8% in past year image
Source : BBC [Read Article] Thursday 20th of April 2017 11:06:56 PM
...."Further rising costs could spell more misery for millions of motorists," said the ABI. "The change to the way in which compensation for serious personal injuries is calculated - the discount rate - will lead to massive additional costs for insurers. ...
UK's online shoppers top global spending survey image
Source : BBC [Read Article] Thursday 20th of April 2017 11:05:25 PM
....A report by the Money and Mental Health Policy Institute suggested that 24-hour online shopping meant "consumers who struggle to control their spending find themselves at greater risk than ever before". Retailers send personalised emails to customers, based on previous purchases, which may include short-term discounts and promotions. ...
Yorkshire Building Society launches record low 0.89% mortgage rate image
Source : Guardian [Read Article] Thursday 20th of April 2017 11:01:02 PM
....The Yorkshire’s claim to be offering an “all-time low” rate was verified by the financial data provider Moneyfacts, but is not fixed. It is pegged to the society’s standard variable rate (SVR), offering a discount for two years, so it is not for homebuyers looking for the certainty of fixed monthly payments. ...
Housing crisis: more than 200,000 homes in England lie empty image
Source : Guardian [Read Article] Thursday 20th of April 2017 06:15:35 PM
....Councils and the government have worked to cut the number of empty homes, primarily by reducing tax incentives which encouraged owners to leave properties unused. In recent years most councils have increased council tax bills on second homes and adopted stricter rules on council tax discounts for empty homes. ...
Marks and Spencer to close six stores image
Source : BBC [Read Article] Thursday 20th of April 2017 10:15:24 AM
...." . M&S currently has 959 UK stores: 304 sell the full range of clothing, homewares and food; 615 are food only; and 40 are outlet stores which sell stock at a discount. ...
Malaysia Airlines to track planes with satellites image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:30:53 AM
....The deep-water search for the flight was called off earlier this year. Malaysian Airlines has been trying to win back customers' confidence, by offering travel discounts and flight promotions. ...
Two-thirds of BHS stores lie empty as anniversary of collapse nears image
Source : Guardian [Read Article] Sunday 16th of April 2017 03:30:44 PM
....BHS’s flagship Oxford Street store in London is to be converted into the first outlet for Reserved, a fashion brand described as Poland’s answer to Zara. Other retailers stepping into the breach include The Range, Decathlon and Edinburgh Woollen Mill – which owns Jane Norman, Peacocks and Austin Reed - and discounters such as Lidl, B&M Bargains and Poundworld. ...
White van nation: meet the drivers behind the on-demand economy image
Source : Guardian [Read Article] Saturday 15th of April 2017 06:00:17 AM
....As I drive away from the service station (behind a window-cleaning van, behind a microwave courier), I keep thinking over Wilkes’ London to Paris run. A journey thoroughly of its time, as inexpensive cargo such as oven-ready food was transported over borders, between time zones, from one studio-rich city to another, presumably because an ad-maker liked Paris more than London, so discounted the 300 miles of asphalt and water between. ...
How Uber conquers a city in seven steps image
Source : Guardian [Read Article] Wednesday 12th of April 2017 03:19:57 PM
.... “The lease terms are awful – you could buy the car for what they are being leased for, or maybe even less,” said Greg McBride, a financial analyst who looked at the figures for the Associated Press. In response, Uber said the program offered weekly rentals, flexible leases, traditional leases and purchase discounts through some carmakers. ...
Tesco shares tumble despite first UK growth in seven years image
Source : Guardian [Read Article] Wednesday 12th of April 2017 06:26:58 AM
.... Lewis said the retailer was passing less of the financial pain on to its customers than its major competitors were. After two years of falling grocery prices, supermarket chiefs are pushing them up – but some analysts fear this will play into the hands of discount chains Aldi and Lidl, which thrived during the last recession. ...
Asda reignites row over 'farm' brands by relaunching value range image
Source : Guardian [Read Article] Wednesday 12th of April 2017 05:30:26 AM
....”. In March 2016 Tesco, the UK’s largest retailer, sparked controversy after launching seven brands – including “Woodside Farms” and “Boswell Farms” – based on British-sounding but fictitious names as part of its commercial fightback against the discounters Aldi and Lidl. ...
UK retail sales fall again as rising living costs bite image
Source : Guardian [Read Article] Monday 10th of April 2017 11:01:12 PM
....5%, respectively. Barclaycard said its polling of consumers showed a higher proportion - 41% - were confident in the UK economy in March but that the prospect of higher prices later in the year would prompt a third to shop more at discount stores this year. ...
Jaeger clothing chain collapses into administration image
Source : BBC [Read Article] Monday 10th of April 2017 04:13:10 PM
....Jaeger's problems are partly because it has "struggled for years to truly understand its core clientele", according to analysts at retail consultancy Kantar Worldpanel. Glen Tooke at Kantar said the firm also relied too heavily on special offers, estimating that discounts accounted for over three quarters of Jaeger's sales. ...
Trump tax cut plan will be as big a flop as failed healthcare reforms | Nouriel Roubini image
....Democrats, too, have historically opposed a VAT, because it is a highly regressive form of taxation. And while it could be made less regressive by excluding or discounting food and other basic goods, that would only make it less appealing to Republicans. ...
Cut price image
Source : BBC [Read Article] Sunday 9th of April 2017 11:18:58 PM
.... . The Gillette razor was so eye-wateringly exorbitant that the 1913 Sears catalogue offered it with an apology that it was not legally allowed to discount the price. ...
Tesco to report a return to financial health image
Source : Guardian [Read Article] Sunday 9th of April 2017 04:14:41 PM
.... The retailer has won back disillusioned British shoppers by focusing on lower prices, improving customer service and making sure its shelves are full. It has also fought back against discounters Aldi and Lidl with the introduction of a budget range of own-label “farm” brands. ...
Tesco looks to draw a line under accounting scandal image
Source : Guardian [Read Article] Sunday 9th of April 2017 06:00:00 AM
....In what is shaping up to be a relatively quiet week for results, WH Smith is due to release profit figures for the first six months of the year on Wednesday. There’s no word from the company as yet on whether it will be offering a discount jumbo-sized bar of Dairy Milk to go with the figures. ...
The experts’ guide to making your garden bloom on a budget image
Source : Guardian [Read Article] Saturday 8th of April 2017 06:00:31 AM
....In garden centres remember that plants in flower always command a significant price premium over those that are yet to bloom. And, if you can, buy perennials at the end of season when the discounted prices start to appear. ...
Jaeger going out of fashion puts 700 jobs at risk image
Source : Guardian [Read Article] Friday 7th of April 2017 03:01:10 PM
....”. Tooke said the brand had also been damaged by its reliance on discounting, with more than 75% of its clothes sold at a reduced price. ...
Spotify may bypass IPO and list directly on stock market image
Source : BBC [Read Article] Friday 7th of April 2017 01:55:50 AM
....All of this to-ing and fro-ing eats up cash and time - and for Spotify, the clock is ticking. In March last year, the firm raised $1bn from investors at an interest rate of 5% a year, plus a discount of 20% on shares once they list. ...
Co-op boss shrugs off £130m loss to focus on group's 'stellar progress' image
....”. Part of the Co-op’s tactics will involve promoting the discounts available via the group’s relaunched membership scheme, which now expects to have 1 million new members by the end of this year, a year earlier than planned. ...

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