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Socially Most Trending News

....4bn after "continuing weakness" in the oil and gas market offset strong performances elsewhere in its business. That weakness was also partly responsible for a £56m slide in profit to £318m. ... [Read full article on BBC ]
Monday 13th of March 2017 08:32:01 AM
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....It is a simple matter to double the stakes - or multiply them by a hundred. As the profits multiply, all that is needed is the appetite to take risks. ... [Read full article on BBC ]
Monday 20th of March 2017 12:02:25 AM
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....The Ministry of Justice said it had no choice under the current law, and said it would consult on possible changes. Shares in insurance companies fell, with some saying that profits would be hit by millions of pounds. ... [Read full article on BBC ]
Monday 27th of February 2017 09:21:10 AM
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....9bn) deal to buy General Motors' European unit, including Vauxhall. GM Europe has not made a profit since 1999 and the deal has raised fears about job losses at Vauxhall. ... [Read full article on BBC ]
Monday 6th of March 2017 07:31:41 AM
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.... . In its results for last year, Mobileye said revenue more than tripled to $358m, while pre-tax profit jumped from $79. ... [Read full article on BBC ]
Monday 13th of March 2017 12:09:06 PM
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....Mr Calder said that move would put even more pressure on traditional airlines such as BA and Iberia. Loizos Heracleous, a professor of strategy at Warwick Business School, said budget airlines had far lower costs than longer-established competitors, meaning they were more profitable. ... [Read full article on BBC ]
Friday 17th of March 2017 10:56:07 AM
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....In addition to cutting costs, Mr Gormley says he turned around the company by focusing on selling interesting wines from small producers instead of selling the same big brands that people could buy from the supermarkets. By the time he and his team had managed to make Virgin Wines profitable, it was sold to larger UK firm Direct Wines in 2005, only for Mr Gormley to be sacked three years later. ... [Read full article on BBC ]
Monday 13th of March 2017 12:12:20 AM
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.... The result - a massive oversupply of vessels. "The attitude in the industry was when you were not making profits the best thing to do was to cut costs, and the best way to cut costs is to increase scale, buying bigger and more fuel-efficient ships," explains Rahul Kapoor, director at shipping consultancy Drewry Financial Research Services. ... [Read full article on BBC ]
Wednesday 1st of March 2017 12:07:40 AM
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....The firm lost its crown as the world's biggest carmaker to Volkswagen last year. Last month, Toyota said it expected to report net profits of 1. ... [Read full article on BBC ]
Thursday 16th of March 2017 09:39:48 AM
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....6m) in funding from investors and is currently in the throes of negotiating a second round. Now in her 40s, New-Jersey born Lisa had worked in venture capital for 11 years, but also sat on the boards of many non-profit companies. ... [Read full article on BBC ]
Wednesday 8th of March 2017 12:30:12 AM
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....However, the fine amounts to a tiny proportion of the company's annual income. Thames Water makes an operating profit of around £2m every day. ... [Read full article on BBC ]
Wednesday 22nd of March 2017 12:40:05 PM
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....Brittin and Howe will be exposed to questions from advertising luminaries at the start of a week in which executives will have to explain themselves in a second meeting about the affair with government ministers. In a letter to the company, Yvette Cooper, who chairs the home affairs select committee, accused the company of “profiting from hatred”. ... [Read full article on Guardian ]
Sunday 19th of March 2017 03:24:45 PM
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....The technology giant has been under scrutiny in recent years for its tax practices around the world. In 2014 it was revealed that Apple shifts much of its international profits offshore to Ireland, which has a corporate tax rate of just 12. ... [Read full article on BBC ]
Thursday 23rd of March 2017 09:09:46 AM
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....6bn. Nor, unlike its far larger rival, is it profitable. ... [Read full article on Guardian ]
Thursday 2nd of March 2017 04:27:48 PM
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....The house builder said then that the experiences of a significant number of customers "fell below the high standards they rightly expected". Bovis saw pre-tax profits for last year fall 3% to £154. ... [Read full article on BBC ]
Sunday 12th of March 2017 12:09:00 PM
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....". Under the trust arrangement, Ebac must maintain all work in Newton Aycliffe, and any surplus profits are used to help community groups, such as the local football club. ... [Read full article on BBC ]
Monday 27th of February 2017 12:17:45 AM
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....". Brian Wieser, an analyst at the brokerage Pivotal, meanwhile downgraded Google's stock on Monday, saying the scandal would curtail its profits this year. ... [Read full article on BBC ]
Monday 20th of March 2017 10:09:41 AM
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....The cut in the bonus reflects the tough retail environment. The business, which covers department stores, supermarkets and online shopping, is expected to report a 10% fall in underlying annual profits for last year. ... [Read full article on Guardian ]
Sunday 5th of March 2017 04:49:46 PM
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.... Similar to a no-claims discount, the premium refund scheme recognises builders with a long-term good claims history. It stresses: “NHBC is a private non-profit distributing company with no shareholders and we are independent of government and builders. ... [Read full article on Guardian ]
Saturday 11th of March 2017 07:00:27 AM
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....What is a pre-pack administration?. Sports Direct's profits have suffered after criticism of work practices at its Derbyshire warehouse. ... [Read full article on BBC ]
Thursday 2nd of March 2017 04:27:32 PM
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.... . In January the retailer said it expected its full-year pre-tax profit, which it will announce on 9 March, to be higher than last year's £435m. ... [Read full article on BBC ]
Thursday 23rd of February 2017 08:49:50 PM
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....“We’re seeing overvalued companies, funded based on hopes and dreams and aspirations and not good business models. Companies counting users and eyeballs rather than profits. ... [Read full article on Guardian ]
Friday 17th of March 2017 07:02:02 AM
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....The deficit is more than treble 2015's loss of £2bn. It is the ninth year in a row RBS has failed to make a profit. ... [Read full article on BBC ]
Friday 24th of February 2017 07:32:39 AM
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.... Dyson reported revenues of £1. 7bn in 2015, up 26% year on year, with profits of £448m. ... [Read full article on Guardian ]
Tuesday 28th of February 2017 07:19:58 PM
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. Barclays has reported a jump in annual profits after making "strong progress" in restructuring. ... [Read full article on BBC ]
Thursday 23rd of February 2017 12:02:21 PM
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....The two companies already share some production and confirmed last month they were in talks. Opel had hoped to return to profitability by 2016, but the slide in sterling following the EU referendum last June contributed to its 257m euros annual loss. ... [Read full article on BBC ]
Sunday 5th of March 2017 12:03:33 PM
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....Aberdeen said investor sentiment "stalled" following the US election result. Edinburgh-based Standard Life reported recently that it shook off industry "headwinds" last year to post a strong rise in profits. ... [Read full article on BBC ]
Saturday 4th of March 2017 05:42:59 PM
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....”. It’s a sales pitch that has yielded big profits. ... [Read full article on Guardian ]
Tuesday 7th of March 2017 06:00:34 AM
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.... But eventually people will ask: what’s the rate of return of online advertising? Who’s benefiting from this vast, opaque, unregulated, unmonitored and ultimately user-hostile online auction system? Part of the answer may be glimpsed in the share prices of Google and Facebook. But mostly it’s to be found in the profits of the data-brokers, cookie monsters, trackers and other corporate creatures that lurk in the shadows cast by the internet giants. ... [Read full article on Guardian ]
Sunday 5th of March 2017 09:00:39 AM
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....Its research shows rising house prices hitting all parts of the country, not just London and the south-east. A new style of building, modelled on that of Victorian philanthropists, is urged, where short-term profits are replaced by long-term community gains. ... [Read full article on BBC ]
Thursday 2nd of March 2017 01:38:32 AM
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Latest Finance News related to Profit

Trump administration approves Keystone XL pipeline image
Source : BBC [Read Article] Friday 24th of March 2017 12:30:53 PM
.... . Environmental groups criticised the decision, saying the potential damage from a spill is not worth any profit. ...
What next for Next? Decline, if it comes, should still be profitable | Nils Pratley image
. Panic over for Next shareholders? It’s too soon to sound the all-clear since a steeper decline in profits than last year’s 4% fall to £790m is very possible this time. ...
Crest Nicholson to pay bonuses despite shareholder revolt image
Source : Guardian [Read Article] Thursday 23rd of March 2017 07:10:32 PM
....However, other companies, notably Thomas Cook and defence group Chemring, have changed their pay deals after smaller rebellions from shareholders. The pay deal was rejected after Institutional Shareholder Services (ISS), the influential advisory body, urged investors to vote against it before the meeting because it said the profit target that Crest Nicholson had to reach to trigger the bonus payments was too easy. ...
Eddie Stobart: Lorry firm targets £550m stock market listing image
Source : BBC [Read Article] Thursday 23rd of March 2017 04:41:24 PM
...."An IPO [initial public offering] is an exciting next step for the business that will give us a strong platform for further growth," he said. The freight firm had revenues of £549m and adjusted profits of £41m last year. ...
What Next for shops? image
Source : BBC [Read Article] Thursday 23rd of March 2017 01:21:33 PM
....Next's results reflect these trends in spades. Its annual profits have fallen for the first time in eight years and it doesn't seem in the mood to pull any punches. ...
UK retail sales shrug off Brexit fears with February rise image
Source : Guardian [Read Article] Thursday 23rd of March 2017 10:37:42 AM
.... In sterling terms goods export prices rose 12% through the course of last year. This will significantly have boosted exporters’ profitability and with it the incentive to invest in extra capacity. ...
Higher fuel prices take toll on retail sales image
Source : BBC [Read Article] Thursday 23rd of March 2017 10:14:20 AM
....". Fashion retailer Next said on Thursday it was "extremely cautious" about trading for the coming year as it reported lower annual profits. ...
Next shares leads FTSE 100 higher image
Source : BBC [Read Article] Thursday 23rd of March 2017 09:31:43 AM
.... . Next shares jumped by 8% despite the retailer reporting its first fall in annual profits for eight years, with profits dropping to £790m. ...
Apple 'paid no tax' in New Zealand for at least a decade image
Source : BBC [Read Article] Thursday 23rd of March 2017 09:09:46 AM
....The technology giant has been under scrutiny in recent years for its tax practices around the world. In 2014 it was revealed that Apple shifts much of its international profits offshore to Ireland, which has a corporate tax rate of just 12. ...
Next admits mistakes as profits fall for first time in eight years image
Source : Guardian [Read Article] Thursday 23rd of March 2017 08:58:32 AM
. The retailer Next has said a failure to stock enough wardrobe staples had contributed to its first drop in annual profits for eight years. ...
Next sees first annual profit fall in eight years image
Source : BBC [Read Article] Thursday 23rd of March 2017 07:24:09 AM
. Next has reported its first fall in annual profit for eight years and warned of "another tough year ahead". ...
Energy price cap implications ominous, former regulators say image
Source : BBC [Read Article] Thursday 23rd of March 2017 06:49:47 AM
.... . They questioned a core finding of the two-year Competition and Markets Authority's (CMA) energy market investigation - that the large firms were making excess profits to the tune of £1bn to £2bn a year. ...
The Trump bump for shares is dented – but watch where the oil price goes | Nils Pratley image
....3m penalty will impress Thames shareholders – a crew of infrastructure and sovereign wealth funds who have done splendidly over their decade of ownership – he needs to raise his sights. Thames Water Utilities, the debt-laden operating company that sits under various holding companies, incurred net finance expenses of £257m in its last financial year, but still made a £511m profit before tax. ...
Why becoming a tax haven would be bad news for Britain image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:30:42 PM
.... Meanwhile the Bahamas, Cayman Islands, Jersey, Guernsey, Bermuda and Aruba all had a branch of each of the big four firms of accountants – as did the British Virgin Islands, despite being home to just 28,000 people. While GDP per head in, say, Luxembourg is at least twice that of the UK, this is mostly down to corporate profits flowing through the place, and not to income that anyone earns locally. ...
Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty image
....Centrica said it recognised the sensitivity of executive pay and was very careful to be in line with its peers. A spokeswoman said that in terms of financial performance, 2016 had been a very good year for the company, which posted an operating profit of £1. ...
UBS charges customers to deposit euros image
Source : BBC [Read Article] Wednesday 22nd of March 2017 03:27:40 PM
. Swiss bank UBS will start charging customers who deposit more than a million euros, as negative interest rates hit banks' profits. ...
Thames Water fined £20m for sewage spill image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:40:05 PM
....However, the fine amounts to a tiny proportion of the company's annual income. Thames Water makes an operating profit of around £2m every day. ...
Thames Water hit with record £20m fine for huge sewage leaks image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 11:49:38 AM
....”. Water companies have been the most frequent polluters of beaches and rivers in England and past fines were criticised as too low to deter these highly profitable companies that often offended repeatedly. ...
Hermes reports record annual profits image
Source : BBC [Read Article] Wednesday 22nd of March 2017 10:15:28 AM
. Luxury goods group Hermes has reported record profits for 2016, boosted by sales of its handbags. ...
Screwfix boosts Kingfisher's profits image
Source : BBC [Read Article] Wednesday 22nd of March 2017 09:18:25 AM
. Kingfisher, the B&Q and Screwfix owner, has reported sharply higher profits, boosted by resilient sales in the UK and a weaker pound. ...
Sir Ian McKellen and Susan Sarandon back Picturehouse cinema boycott image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 07:00:28 AM
.... We therefore support your workers in their call for a public boycott of Picturehouse and Cineworld. “Cineworld is a very successful company that made a substantial profit of £83. ...
Why denying refugees the right to work is a catastrophic error | Paul Collier and Alexander Betts image
.... While in Amman, Cameron had met King Abdullah, who suggested the idea to him. In January 2016 at Davos, the forum for global business, Queen Rania of Jordan acclimatised CEOs to the idea that corporate social responsibility to refugees did not mean diverting some profits into sending blankets; rather, it meant putting their core skills to use by integrating them into global supply chains. ...
How many countries? image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:01:18 AM
....According to the "Behind the Barcode" report by Christian Aid and development organisation Baptist World Aid Australia, only 16% of the 87 biggest fashion brands publish a full list of the factories where their clothes are sewn, and less than a fifth of brands know where all of their zips, buttons, thread and fabric come from. Non-profit group Fashion Revolution, formed after the Rana Plaza factory collapse, is leading a campaign to try to force firms to be more transparent about their supply chains. ...
Wall Street suffers worst day this year image
Source : BBC [Read Article] Tuesday 21st of March 2017 09:28:57 PM
....Tuesday's losses were a reversal of the patterns that have endured since Mr Trump was elected in November, but share markets still remain sharply higher since then. Kate Warne, an investment strategist for Edward Jones, said investors are taking some profits after the market's long post-election winning streak. ...
Apple launches red iPhone 7 and video app image
Source : BBC [Read Article] Tuesday 21st of March 2017 03:02:54 PM
....Among other things, these grants provide testing and treatment for patients with the aim of wiping out transmission of HIV. Some profits from sales of the phones will go towards Red. ...
Waitrose axes free coffee for shoppers – unless they buy something first image
....The change is the latest example of belt-tightening by the grocer, which is part of the employee-owned John Lewis Partnership. Earlier this month the company slashed its staff bonus to just 6% of salary, the lowest level since the 1950s, despite a 21% rise in pre-tax profits. ...
Viagogo snubs MPs' inquiry into online ticket reselling image
Source : Guardian [Read Article] Tuesday 21st of March 2017 10:57:46 AM
....It was also accused of trying to manipulate online reviews of its service in the light of negative publicity. The Guardian has previously revealed the names of some of the UK’s most powerful ticket touts, who use sites including Viagogo to make vast profits. ...
Pound's jump unsettles London shares image
Source : BBC [Read Article] Tuesday 21st of March 2017 09:06:16 AM
....The London market has risen for the past four trading sessions in a row, notching up three record closes along the way. However, sterling's rise to its highest level since 23 February has raised worries about how it may hurt profits when London-listed multinationals repatriate profits back to the UK. ...
Google and Facebook now paying full tax, Australia says image
Source : BBC [Read Article] Tuesday 21st of March 2017 08:36:40 AM
. Multinational firms such as Google and Facebook are now paying tax in Australia based on profits earned there instead of shifting income abroad, the government has said. ...
NHS trust triples injury payout to £9.3m under controversial new rules image
.... The total increase in premiums paid by all motorists is expected to reach £2bn. Direct Line, one of Britain’s biggest insurers, has already blamed a £217m slump in profits on the new Ogden rate, as it pencilled in bills for some individual cases doubling from £10m to £20m. ...
Jamie Oliver to launch new show as part of deal with Channel 4 image
Source : Guardian [Read Article] Monday 20th of March 2017 03:41:50 PM
....Overall, revenues for Oliver’s restaurant operation were up by 8. 6% in 2015, although pre-tax profits fell by 39% to £2. ...
Head of Google Europe apologises over ads on extremist content image
Source : Guardian [Read Article] Monday 20th of March 2017 12:23:08 PM
.... That’s a question of resources and technology and community,” he said. Cooper, who last week accused the company of “profiting from hatred” said she was not satisfied with Brittin’s response to the issue. ...
Pound slips on Article 50 date image
Source : BBC [Read Article] Monday 20th of March 2017 11:17:08 AM
....6%. Dafydd Davies, partner at Charles Hanover Investments, said: "The financial stocks have all been on a pretty good push over recent sessions, so we are starting to see some short-term profit-taking come in. ...
Google apologises after ads appear next to extremist content image
Source : BBC [Read Article] Monday 20th of March 2017 10:09:41 AM
....". Brian Wieser, an analyst at the brokerage Pivotal, meanwhile downgraded Google's stock on Monday, saying the scandal would curtail its profits this year. ...
Deutsche Bank cuts staff bonuses image
Source : BBC [Read Article] Monday 20th of March 2017 09:25:46 AM
.... . Persistent low interest rates are another element of the tougher climate for banks, as it is far more difficult to make a profit when the difference between borrowing and deposit rates is so small. ...
Vodafone deal creates India mobile giant image
Source : BBC [Read Article] Monday 20th of March 2017 05:09:56 AM
.... . That has forced firms to keep tariffs low, significantly affecting their profitability. ...
Blurred lines? image
Source : BBC [Read Article] Monday 20th of March 2017 12:02:25 AM
....It is a simple matter to double the stakes - or multiply them by a hundred. As the profits multiply, all that is needed is the appetite to take risks. ...
'Out of control' image
Source : BBC [Read Article] Monday 20th of March 2017 12:02:11 AM
....Jessica is keen to stress that the company is not a charity. Instead it is a for-profit business. ...
THE CRUSADER: Holiday pair's hotel tangle image
Source : Daily Express [Read Article] Monday 20th of March 2017 12:01:00 AM
....The big thing to watch out for across-the-board however are deals and special offers. These work on lower profit margins for the business and because of that are usually non-refundable, so always take a moment before clicking. ...
UK Mail driver who was unable to work after car accident charged £800 image
....Ibrahimov spoke out to the Guardian to highlight a practice that is understood to apply across UK Mail’s network of about 1,800 self-employed couriers. UK Mail made a profit of £16m profit last year when it was bought out by the Deutsche Post DHL Group. ...
Google braces for questions as more big-name firms pull adverts image
Source : Guardian [Read Article] Sunday 19th of March 2017 03:24:45 PM
....Brittin and Howe will be exposed to questions from advertising luminaries at the start of a week in which executives will have to explain themselves in a second meeting about the affair with government ministers. In a letter to the company, Yvette Cooper, who chairs the home affairs select committee, accused the company of “profiting from hatred”. ...
A ‘jobs miracle’ that leaves millions worse off | Observer editorial image
.... But unions have done too little to address declining membership: fewer than one in 10 of the low paid are members, and membership rates among young workers are at existence-threatening levels. They need to be far more innovative, for example deploying smart technology to help organise workers in insecure jobs or spinning off not-for-profit employment agencies that can be used by scrupulous employers. ...
Five-minute guide to…The resurgence of first-time buyers image
Source : Daily Express [Read Article] Sunday 19th of March 2017 12:01:00 AM
....First-time buyers have been helped by the slowdown in buy-to-let lending, which has halved in the last year, lessening competition for properties. Amateur landlords now make up just 8 per cent of market activity, Connells says, as the Treasury’s tax onslaught on the sector squeezes profits. ...
An automated world is coming but can we make sure no-one is left behind? | Greg Jericho image
....One of the more striking things about economic debate in this country is that there is a broad call for “more reform” and yet an equally narrow view of what such reform should constitute. Economic reform is often synonymous with reducing labour costs and increasing after-tax profit, because much of the debate is generated by those whose view of the world and position in life is benefitted by such outcomes. ...
'Brothers bling': lawsuit puts Nick and Christian Candy in spotlight image
Source : Guardian [Read Article] Saturday 18th of March 2017 09:00:35 AM
....At the centre of the dispute is a listed building in Belgravia, a period mansion block whose famous residents are said to have included the Queen Mother and actor David Niven. Holyoake planned to revamp the property, install a sauna, a swimming pool and a gym, before selling the apartments at a profit. ...
New bombshell for self-employed: pay 400% more NICs… or lose state pension image
....”. This change only affects self-employed people whose earnings are below what’s known as the “small profits threshold” (SPT), currently £5,965. ...
Brazil meat-packing giants 'exported rotten beef' image
Source : BBC [Read Article] Friday 17th of March 2017 08:21:35 PM
.... In some cases, the products used were carcinogenic," the police said. In other cases, potato, water and even cardboard paper was mixed with chicken meat to increase profits. ...
Jewellery firm Tiffany makes 'patchy progress' image
Source : BBC [Read Article] Friday 17th of March 2017 04:19:06 PM
...."Despite macroeconomic and geopolitical challenges in the past year that we believe will continue in 2017, we strongly believe that Tiffany's strategies are sound and that we have meaningful growth opportunities," he said in a statement accompanying the results. Net profit fell to $446m million in the quarter, compared with $464m the previous year. ...
BP in talks with Ineos over Forties pipeline sale image
Source : BBC [Read Article] Friday 17th of March 2017 11:56:25 AM
.... . Unite Scottish secretary Pat Rafferty said: "Our members at BP will have major concerns about the possibility of becoming employees of Ineos, a company with a clear history of attacking our members' pensions, as well as their terms and conditions, in order to maximise profit. ...
BA owner IAG launches new long-haul airline Level image
Source : BBC [Read Article] Friday 17th of March 2017 10:56:07 AM
....Mr Calder said that move would put even more pressure on traditional airlines such as BA and Iberia. Loizos Heracleous, a professor of strategy at Warwick Business School, said budget airlines had far lower costs than longer-established competitors, meaning they were more profitable. ...
Housebuilder Berkeley shrugs off Brexit vote to hit profit targets image
. Housebuilder Berkeley Group has said it expects profits at be at the top end of forecasts this year, as it signalled the housing market in London and the South East had "stabilised". ...
If big business is to thrive, it needs a strong welfare state | Phil McDuff image
....Hammond’s embarrassing U-turn on NICs should also lead us to ask, why do we even have that regressive system in the first place? We shouldn’t just be challenging the government to not raise NICs, but to abolish them altogether. The Tories called it a “tax on jobs” and they’re not wrong – the tax burden occurs when people are employed, not when profits are made, which is backwards. ...
FTSE 100 closes at another record high image
Source : BBC [Read Article] Friday 17th of March 2017 08:52:07 AM
....Tullow said it was planning to raise about £607m through the share sale in order to cut its debts. Housebuilder Berkeley Group was the biggest riser in the FTSE 250, climbing 6% after it said its full-year profits were set to be at the top end of forecasts. ...
Bob Diamond in deal to buy stockbroker Panmure Gordon image
Source : BBC [Read Article] Friday 17th of March 2017 07:45:59 AM
....He joined Barclays in 1996, having worked in senior roles at Credit Suisse First Boston and Morgan Stanley International. As the global financial system teetered on the brink in 2008, Mr Diamond won praise for his role in the successful and profitable takeover of the US operations of Lehman Brothers. ...
Has the tech bubble peaked? Signs that the startup boom may be fizzling image
....“We’re seeing overvalued companies, funded based on hopes and dreams and aspirations and not good business models. Companies counting users and eyeballs rather than profits. ...
Sainsbury's takes inflation hit on the chin as Aldi and Lidl loom | Nils Pratley image
.... Once upon a time, this would have been taken as excellent news for shareholders, as opposed to customers. Inflationary breezes, allowing prices to be raised faster than overheads, used to be a supermarket’s best friend and surest way to protect profit margins. ...
Interest rate rise is further away than MPC vote suggests image
Source : Guardian [Read Article] Thursday 16th of March 2017 05:50:07 PM
.... Welfare cuts and rising prices will squeeze real incomes and choke off consumer spending in the months ahead. Competitive pressures will force companies to absorb higher import costs into their profit margins. ...
Student digs in Britain giving first-class returns image
Source : Guardian [Read Article] Thursday 16th of March 2017 03:40:59 PM
....One specialist developer of student accommodation laid on a golf day at a course just outside the resort town in the south of France to entertain wealthy prospective backers. While more traditional property assets have been hit by tax rises, more regulation and uncertainty surrounding Brexit, big investors including multinational investment banks and overseas pension funds have identified student housing as a goldmine that can generate big and predictable profits. ...
Eurostar makes loss after Paris and Brussels attacks image
Source : BBC [Read Article] Thursday 16th of March 2017 11:04:54 AM
....Travellers to Paris and Brussels were deterred after major terror attacks in November 2015 and March 2016 and numbers fell by 4% to 10 million. Eurostar, whose main shareholder is the French national rail operator, SNCF, made a profit of 31m euros in 2015. ...
Toyota to invest £240m in UK plant at Burnaston image
Source : BBC [Read Article] Thursday 16th of March 2017 09:39:48 AM
....The firm lost its crown as the world's biggest carmaker to Volkswagen last year. Last month, Toyota said it expected to report net profits of 1. ...
Sainsbury's warns over 'uncertain' impact of pound's Brexit slide image
Source : Guardian [Read Article] Thursday 16th of March 2017 08:22:39 AM
....Coupe described the group’s food performance as solid and said its Tu clothing brand had again beaten the market, with sales up 5%. He was confident of achieving City forecasts for the full year, a pretax profit of about £578m. ...
Balfour Beatty returns to profit image
Source : BBC [Read Article] Thursday 16th of March 2017 08:18:30 AM
. UK engineering giant Balfour Beatty has returned to profit after two years of losses. ...
Sainsbury's sales fall but Argos growth strengthens image
Source : BBC [Read Article] Thursday 16th of March 2017 07:24:57 AM
.... It must contend with all the sector-wide problems like falling margins and the sterling squeeze from suppliers," he said. "Falling margins and profits don't look great when the market is growing. ...
Jones Bootmaker is on the brink – but it's not all gloom on the high street image
.... The 160-year-old shoe retailer may yet be rescued, but about 1,000 workers are unsure about their future employment. Profits for bricks-and-mortar shops are being squeezed by the rise of online shopping, an increase in staff costs brought on by the introduction of the national living wage, and fierce discounting of the price of their products, which is designed to attract shoppers but hurts profit margins. ...
NICs U-turn image
Source : BBC [Read Article] Wednesday 15th of March 2017 05:19:09 PM
.... They are paid at a flat rate of £2. 80 a week by anyone making profits of more than £5,965 a year. ...
TV company behind Question Time could sell for up to £300m image
Source : Guardian [Read Article] Wednesday 15th of March 2017 03:54:39 PM
....Tinopolis is understood to have circulated a memorandum to a number of media owners and private equity companies that says the firm is considering a range of options, including a sale of the company. The production company is thought to make about £25m-plus in profits. ...
Audi and VW sites raided in emissions probe image
Source : BBC [Read Article] Wednesday 15th of March 2017 03:32:14 PM
....Audi-owner VW has already agreed to settlements of $21bn (£17bn) in the US. The raid at Audi's sites coincided with the company's annual press conference, in which it reported pre-tax profits of 3bn euros (£2. ...
Marks and Spencer offers cafe space for 'frazzled' people image
Source : BBC [Read Article] Wednesday 15th of March 2017 01:06:32 PM
....But spokesman Daniel Himsworth said it "absolutely" planned to add more locations. "Our main contribution is space," said Mr Himsworth, but he said M&S had also helped the not-for-profit initiative with some of its set-up costs. ...
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Zara founder to receive £1.1bn payout after record sales image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:47:42 AM
E.On clears up the past with €16bn full-year loss image
Source : BBC [Read Article] Wednesday 15th of March 2017 08:16:40 AM
.... However, stripping out one-off costs, E. On reported a profit of €3. ...
Secrets to business survival: 'always look at new ways to innovate' image
Source : Guardian [Read Article] Wednesday 15th of March 2017 07:00:23 AM
....Most of us will use a waste service at some point, this quality of being useful to all can lend a business longevity. Another type of business suited to survival, says Smith, are those that find niches and serve small, but profitable markets. ...
Single market exit: UK construction 'could lose 175,000 EU workers' image
Source : Guardian [Read Article] Wednesday 15th of March 2017 06:30:23 AM
....He added that the controversial rise in national insurance contributions for the self employed, which were announced in the budget, would also hit the sector, where about 40% of the workforce were in that category. He also pointed to a crackdown on VAT avoidance in the construction sector and tax changes to profits of overseas property developers: “All of that coming together will make for challenges for the sector. ...
Cathay Pacific sees first annual loss in eight years image
Source : BBC [Read Article] Wednesday 15th of March 2017 05:47:20 AM
....The net loss of HK$575m ($74m; £60. 1m) for 2016, was down from a HK$6bn profit the previous year. ...
Christian Candy's finance chief denies 'good cop, bad cop' game image
Source : Guardian [Read Article] Tuesday 14th of March 2017 05:51:04 PM
....A spokesman for CPC said Holyoake repaid the six-month loan after 28 months in 2014. The businessman is seeking £132m from the property mogul brothers in lost profits, loan overpayments, legal costs and aggravated damages. ...
Channel 4 chief executive David Abraham to stand down image
Source : Guardian [Read Article] Tuesday 14th of March 2017 03:30:33 PM
....Under Abraham, Channel 4 total revenues have surged from £830m to more than £1bn. Abraham has also had to deal with rebuilding the broadcaster, both financially and creatively, after the high-rating and hugely profitable Big Brother was axed just before his arrival. ...
FTSE 100 slips after Brexit jitters image
Source : BBC [Read Article] Tuesday 14th of March 2017 09:57:01 AM
Toshiba looking to sell Westinghouse nuclear business image
Source : BBC [Read Article] Tuesday 14th of March 2017 03:21:39 AM
.... Its nuclear services business brings in about a third of its revenue. However, that side of the business has not made a profit since 2013 and nuclear services globally are struggling since the Fukushima disaster in 2011. ...

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