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....Founded in 1870 and headquartered in Nuneaton, Holland & Barrett is Europe’s largest health food chain with outlets in more than 1,150 locations and a workforce exceeding 4,200. The company’s annual revenues in 2016 exceeded £610m. ... [Read full article on Guardian ]
Monday 26th of June 2017 07:53:35 AM
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.... The chain also has a presence in the Netherlands, Malta, China, India and the United Arab Emirates. And its profit margins are famously fat: the business is thought to have achieved top-line profits of about £150m on revenues of about £600m last year. ... [Read full article on Guardian ]
Monday 26th of June 2017 03:18:46 PM
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Latest Finance News related to Revenue

Italy's €17bn bank job: self-preservation at a long-term EU price? | Nils Pratley image
.... The chain also has a presence in the Netherlands, Malta, China, India and the United Arab Emirates. And its profit margins are famously fat: the business is thought to have achieved top-line profits of about £150m on revenues of about £600m last year. ...
Holland & Barrett sold to Russian billionaire for £1.8bn image
Source : Guardian [Read Article] Monday 26th of June 2017 07:53:35 AM
....Founded in 1870 and headquartered in Nuneaton, Holland & Barrett is Europe’s largest health food chain with outlets in more than 1,150 locations and a workforce exceeding 4,200. The company’s annual revenues in 2016 exceeded £610m. ...
Risk of air accidents up after CAA cost-cutting, leaked report warns image
Source : Guardian [Read Article] Friday 23rd of June 2017 02:40:28 PM
....The regulator is funded by the airlines and operators it regulates, which have lobbied to lower the charges. The CAA pledged to freeze all its fees and charges, the source of its revenues, for three years in 2011 and by 2013 said it would be saving the equivalent of 120 full-time jobs. ...
Hinkley Point C: watchdog confirms fears of political vanity project | Nils Pratley image
.... Life changed overnight for the Hertfordshire firm when Apple said in April that, in 15 months, it would no longer require Imagination’s clever kit, which is used in smartphones, tablets, iPods, TVs and watches. Apple represents about half of Imagination’s revenues, which is why the share price crashed 60%. ...
Big Mac, smaller effort: Uber to run McDonald's deliveries in UK image
Source : Guardian [Read Article] Thursday 22nd of June 2017 01:13:34 PM
....21bn, despite a 3. 9% fall in revenue to $5. ...
Imagination puts itself up for sale amid Apple dispute image
Source : Guardian [Read Article] Thursday 22nd of June 2017 08:03:55 AM
....The Hertfordshire firm, which designs the graphics processors used in smartphones and other electronic devices, suffered a major blow this year when Apple, its largest customer, pulled the plug on its chip supply deal, with effect from 2019. Apple accounts for half Imagination’s revenues, and its shares slumped 70% on the day of the news. ...
UK budget deficit to increase this year amid living standards squeeze image
Source : Guardian [Read Article] Wednesday 21st of June 2017 10:49:47 AM
....6%. Scott Bowman, the UK economist at Capital Economics, said the 2016-17 figure was flattered by a series of one-off sources of revenue and the prospect for 2017-18 was for the deficit to increase for the first time since 2010. ...
Pain without gain: the truth about austerity | Phillip Inman image
Source : Guardian [Read Article] Sunday 18th of June 2017 04:54:09 PM
....Without strong increases in average wages now that inflation has returned, workers must borrow to maintain their standard of living. It also means income tax revenues have failed to rise as expected, hurting the exchequer and forcing the government to borrow more than it believes prudent. ...
Jaguar Land Rover to recruit 5,000 staff after record year of sales image
Source : Guardian [Read Article] Sunday 18th of June 2017 04:50:45 PM
....JLR is the country’s biggest car manufacturer and has been held up by ministers as a poster child for British industry. It is also one of the UK’s largest exporters, with about 80% of its £24bn annual revenues generated from cars sold abroad. ...
Whole Foods, then a whole industry? Amazon sinks teeth into supermarkets image
.... Amazon generates enormous cashflows but its investors are happy to see those returns ploughed into new markets. That has been Bezos’s true brilliance: he has corralled supportive long-term investors who have accepted the explicit bargain that Amazon’s mission is to acquire revenues first and worry about dividends later. ...
Revealed: the Romanian site where Louis Vuitton makes its Italian shoes image
Source : Guardian [Read Article] Saturday 17th of June 2017 08:00:33 AM
....Exclusivity did not, however, make Louis Vuitton the 20th most valuable brand in the world. In the 1980s the company expanded to cater to a growing middle class, and now the brand makes most of its revenue from selling large amounts of product to the middle market. ...
Google 'faces €1bn-plus fine' from EU over market dominance image
Source : Guardian [Read Article] Friday 16th of June 2017 10:14:33 AM
....It follows the commission’s decision to force Apple to pay Ireland €13bn in unpaid taxes as a consequence of the regulator finding that the tech giant’s tax regime in Ireland had been a form “illegal state aid”. A financial sanction for abuse of a monopoly position is capped at a maximum of 10% of the total revenues of the company involved, which in the case of Google’s parent company, Alphabet, was $90bn last year. ...
IT meltdown has cost British Airways £80m so far, says Willie Walsh image
Source : Guardian [Read Article] Thursday 15th of June 2017 12:32:01 PM
....Romero said the last year had seen “very difficult circumstances” for the airline group, with the Brexit vote and subsequent collapse of the pound hitting profits. IAG is heavily dependent on BA’s sterling revenues, but major costs such as fuel and aircraft are paid in dollars, while the group reports in euros. ...
Grenfell Tower's managers were reviewing safety after fire at another block image
....The company made a pre-tax profit of £14. 3m last year on revenues of £271m and paid investors a dividend of £2m, the largest slice of which went to Rydon’s chief executive and largest shareholder, Robert Bond, 61. ...
Netflix and Amazon 'will overtake UK cinema box office spending by 2020' image
Source : Guardian [Read Article] Wednesday 14th of June 2017 05:01:18 AM
. Netflix and Amazon are set to overtake the cinema multiplex after a report predicted that revenues from streaming film and TV shows in the UK will exceed box office takings by 2020. ...
EasyJet offers private jet experience at Luton – without the private jet image
....49 will think £475 is a price worth paying to effectively bypass Luton airport remains to be seen. Andrew Middleton, easyJet’s head of ancillary revenue, said: “While easyJet will always be famous for our low fares and fantastic onboard service, for some passengers this is a chance to combine those things with a VIP experience for their loved ones and we think it will be particularly popular for those celebrating a milestone birthday, anniversary or other special occasion, or for those travelling on business. ...
Bosses under fire for telling staff to vote Tory or risk losing jobs image
Source : Guardian [Read Article] Monday 12th of June 2017 04:05:44 PM
....It also emerged that Greg Knight, the managing director of the UK’s largest independent bookmaker, Jennings Racing, warned 500 staff their jobs were at risk the day before voters went to the polls. He said Labour and the Liberal Democrats would crack down on controversial fixed-odds betting terminals (FOBTs), which make up more than half of bookmakers’ revenues. ...
Rio Tinto bidding war: Glencore offers US$100m more for Australian coalmines image
....Yancoal already operates several mines across the country, including in NSW, while Glencore operates 18 open-cut and underground coalmines in Australia. Glencore, which in 2016 had revenues of US$177. ...
New Channel 4 boss Alex Mahon faces some unwelcome drama image
Source : Guardian [Read Article] Saturday 10th of June 2017 03:00:29 PM
....The most difficult strategic question facing Mahon is how to secure the long-term commercial viability of Channel 4. It depends almost solely on advertising revenue as a business, making about £1bn a year from its own channels and selling ad slots on behalf of BT’s sports channels and UKTV, owner of the Gold and Dave channels. ...
Alphabet sells off 'BigDog' robot maker Boston Dynamics to Softbank image
.... In November 2015, according to Bloomberg News, tensions accidentally burst into the open, when the minutes of a terse meeting were published to a company-wide forum. Replicant’s new leader, Jonathan Rosenberg, had told Boston Dynamics that “we as a startup of our size cannot spend 30-plus % of our resources on things that take 10 years,” adding, “there’s some timeframe that we need to be generating an amount of revenue that covers expenses and (that) needs to be a few years”. ...
Boohoo co-founder sells £80m in shares as he reveals 'supersite' plan image
....Mahmud Kamani and Kane, joint chief executives, said the business had performed well across all brands and locations in the first quarter. “The combination of broadening product ranges, strong brand image, competitive prices and good customer service continues to drive sales momentum, while the inclusion of our new brands is proving the potential of our multi-brand strategy in delivering strong group revenue growth,” they said. ...
Flybe promises overhaul after £20m loss image
Source : BBC [Read Article] Thursday 8th of June 2017 08:00:13 AM
....The carrier reported a pre-tax loss of £19. 9m in the year to 31 March, despite revenues rising 13. ...
Could growth hacking be the low-cost key to business success? image
Source : Guardian [Read Article] Thursday 8th of June 2017 06:00:19 AM
....Dutch online auction house Catawiki, was named top of Deloitte’s list of EMEA’s fastest growing companies in 2015. The company achieved 45,080% growth in revenue in the previous four years and attracts 14 million users a month. ...
US oil firm Halliburton branded ‘obscene’ over unpaid UK internships image
....In an advert on its recruitment site, Halliburton said it was seeking “people who want to innovate, achieve, grow and lead” for student internships at its office in Chiswick, west London. The Texas-based oilfield services company, which reported revenues of $16bn (£12bn) last year, said the full-time positions were part of an unpaid work experience programme. ...
Austerity has strangled the British economy. Only Labour gets this | Joseph Stiglitz image
.... So not only does it create jobs once: the investment creates jobs multiple times. The result of that is that the economy grows by a multiple of the initial spending, and public finances turn out to be stronger: as the economy grows, fiscal revenues increase, and demands for the government to pay unemployment benefits, or fund social programmes to help the poor and needy, go down. ...
Organic milk not good for the land, says ad watchdog image
Source : BBC [Read Article] Wednesday 7th of June 2017 11:55:03 AM
....It owns the Anchor and Cravendale brands and has a long history, with roots in the UK's Express Dairies and the Swedish and Dutch dairy industry. It now has annual revenues of 9. ...
Qantas executive says Qataris won't be allowed on flights via Dubai after UAE ban image
.... The rift has affected global oil prices, hit travel plans and sown confusion among businesses. Saudi Arabia and Bahrain revoked the licences of Qatar Airways on Tuesday and ordered its offices to be closed within 48 hours, a move that analysts said would cost the carrier millions of dollars of revenue. ...
How many boxes? image
Source : BBC [Read Article] Tuesday 6th of June 2017 11:02:23 PM
....Perhaps surprisingly only a fraction of air cargo is actually carried in specialised air freighters. Most of it - 95% at Heathrow - is carried in the bellies of passenger aircraft and that can boost an airline's revenues between 5-20%. ...
Advertisers should follow Vodafone's lead after Facebook and Google failures | Nils Pratley image
.... Vodafone spends £400m a year on online advertising. Even if 99% of that money ends up being directed to reputable sites, the other 1% can do serious damage to a brand while also generating revenue for some hideous websites. ...
Tories have ‘shameful record’ on FOBT gambling, says Labour image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:19:03 PM
....Bookmakers rake in £1. 8bn a year from FOBTs, according to figures released last month, more than half of their annual revenue. ...
Vodafone to stop its ads appearing on fake news and hate speech sites image
....“While automated advertising is a powerful tool in a small minority of instances it can also lead to unintended and potentially harmful outcomes including advertising appearing next to offensive content,” said Vodafone. “Additionally, automated advertising technologies can have the effect of generating revenue for outlets focused on hate speech and fake news. ...
FTSE 100 steady as Burberry shares fall image
Source : BBC [Read Article] Tuesday 6th of June 2017 08:06:48 AM
....The company said "challenging" trading conditions seen in the second half of its 2016-17 financial year had continued into the current quarter. AO reported a 17% rise in annual revenues, but full-year operating losses widened to £12m from £10. ...
AO World warns of 'significant' slowdown in UK growth image
Source : BBC [Read Article] Tuesday 6th of June 2017 07:33:02 AM
.... . However, revenues in the year to 31 March rose 17% to £701. ...
Rise of the machines: who is the ‘internet of things’ good for? image
Source : Guardian [Read Article] Tuesday 6th of June 2017 04:30:13 AM
.... The fewer steps there are in a transaction, the more likely people are to spend their money. Manufacturers, enticed by the revenue potential of conquering the domestic environment, keep trying to eliminate these steps, in the hope that one of their connected products will become as essential to everyday life as the smartphone. ...
'Pink slime': Meat processer seeks $5.7bn in defamation case image
....Beef Products Inc (BPI) argues ABC and its journalist ruined its reputation in 2012 reports on "lean finely textured beef", as the industry calls it. BPI says ABC's "disinformation campaign" caused the meat processer's revenues to drop by 80%. ...
Gin sales help fill Treasury coffers as spirits raise more money than beer image
. Tax revenues from sales of spirits have overtaken those from beer for the first time amid record sales of gin, according to HM Revenue & Customs. ...
Mail makes gains (but not profits) in the battle to break America image
Source : Guardian [Read Article] Sunday 4th of June 2017 06:00:16 AM
.... Not just 15 million-plus online browsers a day now, but nearly 20 million finding it on mobile. More significantly, digital revenue – ads, because Mail Online is free – rose from £44m in the first half of 2016 to £60m this time round. ...
Walmart asking staff to deliver online orders on their way home image
Source : Guardian [Read Article] Friday 2nd of June 2017 06:36:59 PM
.... The announcement came ahead of Walmart’s annual shareholder meeting on Friday. Walmart, which owns Asda in the UK, is the world’s largest retailer and made $486bn revenue last year, compared with Amazon’s $136bn. ...
Google to let publishers charge users for ad-blockers image
Source : BBC [Read Article] Friday 2nd of June 2017 01:43:49 PM
....Ad blocking programs are designed to protect consumers from intrusive web ads that slow down browsers and vacuum up personal data. Ad-blockers take "a big toll" on publishers and producers who rely on advertising revenue, said Sridhar Ramaswamy, Google's senior vice-president in Ads and Commerce. ...
Jay Hunt quits Channel 4 post just days before decision on top job image
Source : Guardian [Read Article] Friday 2nd of June 2017 10:47:33 AM
....”. As well as wrangling with the government, Hunt, and whoever gets the top job, will have to deal with an impending downturn in the TV ad market, which Channel 4 depends on for almost all its £1bn annual revenues. ...
Sterling flat as shares edge higher image
Source : BBC [Read Article] Friday 2nd of June 2017 07:47:25 AM
....63. A weak pound tends to boost the 100-share index, since many of the firms included are multinationals that derive much of their revenues from abroad. ...
ViaSat-2: Satellite goliath goes into orbit image
Source : BBC [Read Article] Friday 2nd of June 2017 01:12:24 AM
.... . Euroconsult's recent report on in-flight-connectivity (IFC) predicted nearly half of all commercial planes would be enabled by 2021, pushing revenues for the suppliers of onboard services from $1bn to $6. ...
From videos to vlogs image
Source : BBC [Read Article] Thursday 1st of June 2017 11:31:14 PM
...."This switch in perspective provides marketers and advertisers the freedom to develop more authentic content that tells a story as opposed to being purely functional and demonstrating things such as weight loss and technique," says Mr Wilson. The fitness sector in general is huge, with the International Health, Racquet & Sportsclub Association reporting that global health club industry revenue reached an estimated $81bn (£63bn) in 2015, with around 151 million members worldwide. ...
Shrinking tax base suggests personal allowance is generous enough image
Source : Guardian [Read Article] Thursday 1st of June 2017 07:03:03 PM
.... But using the tax system in this way to help the poorest and tax the rich has a cost. It narrows the tax base to a relatively small group of people and means that when a government needs a revenue boost, as a Labour government will should it take office, it must return to the same people and demand not just a small percentage rise, but a hefty whack of extra cash. ...
Sober look of Google's 'landscraper' shows tech firm is trying to grow up image
.... Ingels says the “continuously cascading work environments” will connect Googlers across multiple floors, “sandwiched between the terraced gardens on the roof and market halls, auditoria and shops on the ground”. Rising from seven to 11 storeys, the gargantuan landscraper (imagine the Shard lying down) will sit atop a row of shops and restaurants, providing the much needed retail revenue to help pay for it all. ...
Another Uber executive quits but losses improve image
Source : BBC [Read Article] Thursday 1st of June 2017 11:41:41 AM
.... . In the first three months of the year, revenue rose 18% from the previous quarter to $3. ...
School buses boost FirstGroup profits image
Source : BBC [Read Article] Thursday 1st of June 2017 09:41:43 AM
....8m profits hit across its UK bus and rail divisions. Overall group revenues over the year to 31 March were up 8. ...
UK councils under pressure over £1bn of tobacco investments image
Source : Guardian [Read Article] Wednesday 31st of May 2017 05:40:08 PM
....”. The firms cited studies suggesting that smoking costs the global economy more than $1tn a year, outstripping global revenues from tobacco taxes. ...
Bumper bonus: four directors grab £40m each in City payday image
Source : Guardian [Read Article] Wednesday 31st of May 2017 11:58:59 AM
....3m last year. Excluding restructuring, acquisition and disposal costs, it made an underlying pretax profit of £96m, with revenues of £889m. ...
Feeding the kitty image
Source : BBC [Read Article] Wednesday 31st of May 2017 12:01:02 AM
.... It will be their first visit since 2005, in what should be a mouth-watering series of clashes. Each Lions tour generates millions of pounds in turnover, with revenues pouring in from major sponsorship deals, tourism and other events such as high-profile gala dinners. ...
Why help to buy is no help at all to the economy | Jeffrey Frankel image
Source : Guardian [Read Article] Tuesday 30th of May 2017 09:54:25 AM
.... The overall effective annual subsidy to US housing debt has been estimated at roughly 1% of national income. The largest component of this subsidy is the tax deductibility of home mortgage interest, which costs a lot of revenue and is hard to justify on distributive grounds: the benefit goes only to those with incomes high enough to itemise deductions. ...
Crossrail 2 hits buffers as uncertainties over Brexit and election take hold image
....Now, with its champions having gone after the EU referendum, the project’s prospects look bleak. While City firms discuss relocating offices and staff, any assumption that higher business rates and commuter revenues would pay the £32bn construction bill is on shakier ground. ...
UK's biggest solar company takes shine to global projects with deals worth £3bn image
....More than 12,000 solar jobs were lost in the industry after the government slashed support in 2015, but Solarcentury has survived by turning outward to target markets in Latin America and Europe. The firm, founded by former oil geologist Jeremy Leggett in 1998, generated 85% of its £168m revenues in the UK during 2015-16. ...
Millennial ‘influencers’ who are the new stars of web advertising image
Source : Guardian [Read Article] Saturday 27th of May 2017 11:05:41 PM
....“One of our top influencers did about $1m last year and the average for those on our books is around $200,000 a year,” says the digital entrepreneur from her New York office. “There are a variety of ways they earn that revenue and we work on strategies that best suit the individual style and audience of each one. ...
Spotify hopes going public will cement streaming as music's future image
Source : Guardian [Read Article] Saturday 27th of May 2017 10:00:25 AM
.... But while he will leave this share sale a rich man, streaming will probably never make the sort of money for the music industry that CDs and vinyl did. Even so, after more than 15 years of disruption that kicked off with industry revenues eviscerated by illegal peer-to-peer file-sharing, the music business is currently celebrating its second straight year of growth. ...
Tax on test: do Britons pay more than most? image
Source : Guardian [Read Article] Saturday 27th of May 2017 06:00:20 AM
.... We converted euros, dollars and krona into sterling at a time when the pound had fallen rapidly; some earnings might have translated into higher tax bands abroad before sterling plunged. Some countries, such as the US, raise relatively large revenues from property taxes. ...
IFS makes damning assessment of Tory and Labour manifestos image
Source : Guardian [Read Article] Friday 26th of May 2017 08:37:33 AM
....John McDonnell, the shadow chancellor, said Labour’s manifesto already took into account attempts by the richest individuals and corporations to avoid new higher rates of tax. “We believe the IFS has underestimated the revenue raising effectiveness of some of the tax changes we would make, but we recognise the potential for uncertainty which is why we have allowed headroom in our plans,” he said. ...
Tories and Labour not being honest with voters: IFS image
Source : BBC [Read Article] Friday 26th of May 2017 08:21:41 AM
....However, Labour's proposal to maintain the triple lock and to start paying state pensions no later than the age of 66 would be "immensely expensive in the long run - up to £50bn a year in 50 years' time" compared with raising the state pension age in line with life expectancy and increasing the pension in line with earnings. John McDonnell, the shadow chancellor, said the IFS had underestimated the revenue-raising effectiveness of some of Labour's proposed tax changes, but added: "We recognise the potential for uncertainty, which is why we have allowed headroom in our plans. ...
Petrofac's move to appease SFO offers fuel for thought | Nils Pratley image
.... Petrofac, a former member of the FTSE 100 index in the days of higher oil prices, is still a very big business. It has 13,500 employees, recorded revenues last year of $7. ...
Trapped in debt image
Source : BBC [Read Article] Thursday 25th of May 2017 11:21:21 PM
....The island's total debt stands at $64bn. About 95% of all government revenues go towards debt repayment. ...
Mapping a new frontier image
Source : BBC [Read Article] Thursday 25th of May 2017 11:09:51 PM
.... . He reels off the familiar, but still staggering, numbers: the barely teenage Silicon Valley firm stores some 300 petabytes of data, boasts almost two billion users, and raked in almost $28bn (£22bn) in revenues in 2016 alone. ...
Paradise in the Med image
Source : BBC [Read Article] Thursday 25th of May 2017 09:54:43 PM
....It is a highly sensitive subject for Malta's leadership, as just over a year ago one of the revelations from the huge leak of documents known as the Panama Papers was that the Maltese prime minister's chief of staff and a prominent minister held secret companies in Panama. Malta says it is under siege, insisting big countries are anxious to bite off a good chunk of revenue made by the EU's smallest state. ...
Fever-Tree founder toasts £73m share sale image
Source : BBC [Read Article] Thursday 25th of May 2017 11:48:50 AM
....This year alone shares in the group have risen more than 50%. Fever-Tree's international sales have expanded rapidly, and more than 50% of its revenues now come from outside the UK. ...
UK gamblers lose record £13.8bn as industry braces for FOBT crackdown image
....”. Bookmakers, who derive more than half of their revenue from FOBTs, have defended the machines, warning that thousands of jobs and billions in taxes could be lost if they are restricted. ...
FTSE ends flat as Wizz Air takes off image
Source : BBC [Read Article] Thursday 25th of May 2017 08:01:17 AM
....Wizz shares jumped 13. 3% after reporting a 19% rise in passenger numbers and 10% increase in revenues. ...
Halfords profits hit by weak pound image
Source : BBC [Read Article] Thursday 25th of May 2017 07:13:06 AM
....1bn, boosted by the acquisition of upmarket bike business Tredz/Wheelies. Like-for-like revenues rose 2. ...
The great London property squeeze image
Source : Guardian [Read Article] Thursday 25th of May 2017 04:30:19 AM
....The bedroom tax, introduced in 2013 for occupants of housing association or council property, presents a mirror image of Airbnb. In a society where the idea of public housing has collapsed, a financial penalty is imposed on people in social housing with a spare room, while those who are lucky enough to own a house with extra space find themselves with an additional source of revenue. ...
Bad sex scenes image
Source : BBC [Read Article] Wednesday 24th of May 2017 11:00:09 PM
....While for many people making their podcast is a happy hobby, for an increasing number - such as Jamie Morton - it can be a very lucrative business. So how can podcast makers make money? With most podcasts being given away for free, the answer is advertising revenues, but if you aren't an expert on the advertising industry, securing adverts may seem like an impossible challenge. ...
White House denies 'egregious' budget accounting error image
Source : BBC [Read Article] Wednesday 24th of May 2017 05:46:23 PM
....He said the spending plan was "simply ludicrous". The budget forecasts about $2tr in extra federal revenue growth over the next 10 years, which it uses to pay for Mr Trump's "biggest tax cut in history". ...
Aston Martin roars back into profit as DB11 revs up sales image
Source : Guardian [Read Article] Wednesday 24th of May 2017 05:41:58 PM
. Demand for Aston Martin’s first all-new model for a decade – the flagship DB11 coupe – helped the luxury carmaker to double revenues in the first quarter, as it seeks to recover from six years of losses. ...
Weak French sales and restructuring costs hit Kingfisher image
Source : BBC [Read Article] Wednesday 24th of May 2017 07:07:30 AM
. Shares in Kingfisher, the owner of B&Q and Screwfix, have slumped after revenues were hit by weak French sales and restructuring costs. ...
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
....The fact that Easter fell later this year hit the company hard, although Mr Rowe added that the fall was also partly due to a push for more clothes being sold at full price. Clothing and home sales revenue still fell by 3. ...
If London subsidises the rest of the UK, where does that leave Scotland? | Nils Pratley image
....Some differences were substantial. At one end of the scale, London showed a surplus of just over £3,000 per person – the difference between revenues of £15,756 per head and spending of £12,686. ...
Opec oil producers poised to extend production cuts image
Source : Guardian [Read Article] Tuesday 23rd of May 2017 11:27:42 AM
....8m barrels a day and shore up the oil price, is due to expire at the end of June. The agreement last November pushed the price of oil up to $50 to $55 a barrel for the past few months, up from the depths of $35 to $50 across much of 2016, when Opec’s annual revenues reached lows not seen since 2004. ...
Apple and Nokia to 'co-operate' after settling patent row image
Source : BBC [Read Article] Tuesday 23rd of May 2017 11:03:54 AM
...."But looking at Apple's business. one industry estimate is that they made $140bn (£107bn) revenue on iPhone sales in 2016. ...
London economy subsidises rest of UK, ONS figures show image
Source : Guardian [Read Article] Tuesday 23rd of May 2017 10:26:10 AM
....Experimental data from the ONS showed that only three regions of the UK – London, the south-east and the east of England – ran a budget surplus in the 2015-16 financial year, the latest year for which figures are available. Every Londoner provided £3,070 more in tax revenues than they received in public spending, while people living in the south-east ran a surplus of £1,670 per head. ...

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