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....German elections follow in September when Angela Merkel is seeking a fourth term as chancellor. She faces tough competition from Martin Schulz of the Social Democratic party. ... [Read full article on Guardian ]
Saturday 15th of April 2017 03:00:05 PM
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Latest Finance News related to Tough Competition

Waitrose axes free coffee for shoppers – unless they buy something first image
.... The group, which includes the John Lewis departments store chain, said the bonus had been cut to strengthen its balance sheet amid structural changes in the retail sector and rising costs linked to the devaluation of sterling since the Brexit vote. Waitrose faces tough competition in the UK as discount rivals Lidl and Aldi expand and market leader Tesco fights harder on price. ...
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
....Neil Wilson, senior market analyst at broker ETX Capital, said: “Sainsbury’s did very well when Tesco and others were struggling but is now facing its own challenges. It will be tough going for Sainsbury’s in 2017 as in addition to tough competition it must contend with all the sector-wide problems like falling margins and the sterling squeeze from suppliers. ...
RBS leads FTSE 100 lower as losses mount image
Source : BBC [Read Article] Friday 24th of February 2017 09:10:51 AM
....However, operating profits fell 10% to £261. 5m amid tough competition and following a number of unfavourable sports results. ...
Macy's shares fall 13% on job cuts plan image
Source : BBC [Read Article] Thursday 5th of January 2017 02:29:40 PM
....Meanwhile, other changes and reductions in middle management roles are expected to eliminate another 6,200 jobs. Department stores in the US have been struggling with tough competition from online retailers and discount stores. ...
Base-rate cut could lead to UK mortgages at less than 1% interest image
Source : Guardian [Read Article] Tuesday 20th of September 2016 05:57:30 PM
....The fixed interest rate of mortgages could fall to less than 1% next year if the Bank of England cuts the base rate again, in a move that would give the housing market a boost. Rates on two-year, fixed-rate mortgages – already at record lows – could fall even further because of tough competition among lenders to attract new customers, according to leading City analysts. ...
Macy's to close 100 department stores image
Source : BBC [Read Article] Thursday 11th of August 2016 01:57:05 PM
....4% in the first three months of the year. As in the UK, department stores in the US have been struggling with tough competition from online retailers and discount stores. ...

Zuma in last-ditch plea for votes as ANC risks major losses in local elections 
 image
....”. Mr Zuma, 74,  is said to have spent more than one billion rand (£54 million) on the election campaign, but is facing tough competition from the Democratic Alliance (DA) based in Cape Town and the radical leftist Economic Freedom Fighters (EFF). ...
Be yourself image
Source : BBC [Read Article] Monday 20th of June 2016 11:47:27 PM
....Of course you could argue that the sexuality of those at the helm is not really anyone else's business but their own, but Mr Joyce believes being open about it allows him to be himself at work and demonstrates to others that it hasn't hindered his career. During his tenure, he has steered the airline through huge difficulties caused by tough competition and soaring fuel costs, including a 2011 union dispute over restructuring which led him to take the unprecedented step of grounding all flights. ...
Spotify revenues surge 80% to more than £1.5bn image
Source : Guardian [Read Article] Tuesday 24th of May 2016 12:18:29 PM
....Revenues at Spotify, the world’s biggest music streaming service, surged 80% last year to nearly €2bn (£1. 5bn) but losses widened as it invested heavily amid tough competition from the likes of Apple Music and Tidal. ...
Royal Mail urged to end pay dispute after reporting profit rise image
Source : Guardian [Read Article] Thursday 19th of May 2016 08:41:54 AM
....In the UK, parcel deliveries rose 3% last year while letter volumes declined by the same amount. Royal Mail faces tough competition from the likes of FedEx and UPS in the parcel market, which has eaten into its market share. ...
Driverless cars, drones and spaceport to feature in Queen's speech image
Source : Guardian [Read Article] Sunday 15th of May 2016 11:58:36 AM
....Related: Russia launches first rocket from new spaceport. It faces tough competition on the spaceport from overseas as four US states and 20 countries, including Sweden, Australia, the United Arab Emirates and Spain, have advanced plans and major financial backing. ...
AstraZeneca focuses on cancer treatments as profits slide image
Source : Guardian [Read Article] Friday 29th of April 2016 09:00:18 AM
....AstraZeneca said it would plough some of the money saved into cancer treatments. It is developing several immuno-oncology drugs, which harness the body’s immune system to fight tumours, but faces tough competition from rivals, notably Bristol-Myers Squibb. ...
Exit from Chinese online store costs Asos £10m image
Source : Guardian [Read Article] Thursday 7th of April 2016 01:57:20 PM
....The company has faced difficulties with the Chinese postal service and with local preferences for other brands over its own label. Asos has also faced tough competition from the Chinese company Alibaba, which dominates the online fashion market in China. ...
Bank of England must burst the buy-to-let bubble now image
Source : Guardian [Read Article] Sunday 27th of March 2016 08:00:11 AM
....However, the number of credit customers is now in decline and Next is struggling to turn it around. Given that Next faces tough competition from the likes of Zara, Primark and Marks & Spencer, the weakening of this potent weapon poses a genuine problem for Wolfson. ...
City news: Lloyd's, Odeon, B&Q and William Hill image
Source : Daily Express [Read Article] Thursday 24th of March 2016 12:01:00 AM
...._____________________________________________________________. B&Q owner Kingfisher says its own five-year makeover plan will help it withstand tough competition from the new Australian owner of Homebase. ...
Bombardier to cut 7,000 jobs worldwide image
Source : Guardian [Read Article] Wednesday 17th of February 2016 12:07:07 PM
.... Most of those affected are contractors, with fewer than 50 permanent workers losing their jobs. Montreal-based Bombardier, which received cash injections from the Quebec state government and pension fund last year, has been struggling to sell its long-delayed C Series passenger jets, owing to tough competition from Boeing and Airbus. ...
Anglo American goes for bold but has the miner left it too late? image
Source : Telegraph [Read Article] Wednesday 17th of February 2016 10:09:01 AM
.... . Couple this with tough competition from other big miners such as Brazil’s Vale and Rio Tinto and oversupply could mean another five years of price pressure, Cutifani believes. ...
Sainsbury’s takes on Amazon as it bids £1.3bn for Argos – sparking store closure fears image
.... "Home Retail has struggled in recent years, with sales barely showing any growth. "Just like the supermarkets, Argos has faced tough competition lately – not just from high street retailers but also from internet sales. ...
Cider workers fight to save Somerset mill from closure image
Source : Guardian [Read Article] Wednesday 27th of January 2016 04:43:31 PM
....A fortnight ago the mill’s Irish owner, C&C, said it would close the site, which makes well-known brands including Gaymers, Blackthorn and Ye Olde English. C&C, which makes Bulmers and Magners cider in Ireland, blamed tough competition in the UK and Ireland in recent years. ...
Inga Beale: ‘Let’s use the words people are uncomfortable using – lesbian, gay’ image
.... But climate is a key issue for Beale, along with tackling cyber-risk and meeting the challenges posed by rival markets. It is this tough competition that has also spurred Lloyd’s to try to improve its own diversity, with more individuals from a wider range of backgrounds – German and Chinese speakers – as Beale pushes into emerging markets. ...
Inga Beale: ‘Let’s use the words people are uncomfortable using – lesbian, gay’ image
.... But climate is a key issue for Beale, along with tackling cyber-risk and meeting the challenges posed by rival markets. It is this tough competition that has also spurred Lloyd’s to try to improve its own diversity, with more individuals from a wider range of backgrounds – German and Chinese speakers – as Beale pushes into emerging markets. ...
Shepton Mallet cider mill to close image
Source : Guardian [Read Article] Tuesday 12th of January 2016 10:42:07 PM
....Unite, the UK’s largest union, said it was disgraceful that the 127 workers at Shepton Mallet found out about the planned closure from media reports on Tuesday morning. C&C blamed tough competition in the UK and Ireland in recent years, which has pushed prices lower and means the affected sites are running at only a third of their capacity. ...
Retail's 2015 Christmas winners and losers image
Source : BBC [Read Article] Tuesday 12th of January 2016 07:23:14 PM
.... The upbeat results were welcomed in the City and are being seen as part of the turnaround promised by chief executive Dave Lewis, who took over in September 2014. However, the grocer still faces tough competition from discount chains, and it reported a 1. ...
Sainsbury's profits slide 18% amid supermarket price war image
Source : Guardian [Read Article] Wednesday 11th of November 2015 08:44:33 AM
....Sainsbury’s said the number of transactions at its tills and the volume of products sold had both risen in the half year as shoppers welcomed the lower prices, The group shifted 2% more of its top-of-the-range Taste the Difference products while clothing sales were up almost 10%, as it launched its Tu range online. The retailer said the market remained challenging, blaming food deflation and tough competition from discounters such as Aldi and Lidl, which has reduced its market share to 16. ...
Cheaper phone and internet possible after Telstra told to cut access charges image
....TPG Telecom last month announced it is extending its NBN-rival dark fibre network to carry Vodafone’s mobile data, as part of a $1bn deal between the companies. “Telstra’s revenues and growth will stay up but it’s got some very tough competition with TPG’s latest deal with Vodafone. ...
Sainsburys slips on competition, deflation and cost concerns image
Source : Guardian [Read Article] Thursday 24th of September 2015 10:34:12 AM
....Although this is only a trading statement, the company occasionally makes some comment on its satisfaction (or otherwise) with the level of consensus pretax profit estimates. We tend to think that the ongoing tough competition in the industry - combined with the recent announcement of 4% pay rises for store staff - add a clear headwind. ...
Uber to expand service in China image
Source : BBC [Read Article] Tuesday 8th of September 2015 01:58:17 PM
....Mr Kalanick said the firm had gone from a tiny 1% share of the lift-hailing market in China nine months ago to its current 30%-35% market share. He did not specify what percentage of this was for private cars and what for taxis, where it faces tough competition from dominant player Didi Kuadi. ...
Frozen foods giants go head-to-head for Quorn image
Source : Telegraph [Read Article] Saturday 5th of September 2015 05:45:11 PM
.... . But Nomad Foods, which pounced on the two frozen food firms earlier this year, is expected to face tough competition from the Toronto-based McCain Foods, the world’s largest producer of frozen chips, which is also understood to be having early discussions about a takeover of Quorn. ...
F1 team owner Williams hunts revenue beyond motorsport image
Source : Telegraph [Read Article] Friday 4th of September 2015 11:55:06 AM
.... . Mr O’Driscoll warned that Williams still faced tough competition on the track, with its F1 rivals able to commit greater spending. ...
Asda records worst-ever quarterly sales figures image
Source : Guardian [Read Article] Tuesday 18th of August 2015 01:33:33 PM
.... It has also changed its marketing to flag up services in its bigger stores, such as online shopping pickup points, petrol pumps and opticians, as well as cheap prices. The retailer’s traditional emphasis on price had begun to look stale in a market saturated with red banners, discount vouchers and tough competition from Aldi and Lidl which remain considerably cheaper than Asda on their limited basket of goods. ...
Osborne shouldn't be squeamish about luring businesses from Scotland image
Source : Telegraph [Read Article] Wednesday 12th of August 2015 05:48:37 PM
.... . And that means facing some tough competition from the rest of the country in attracting, and keeping, companies, investment and jobs. ...
Fears living wage could devastate small retailers and push up prices image
Source : Guardian [Read Article] Thursday 9th of July 2015 06:00:07 AM
....The bosses of major retail chains warned that any rise in basic pay for workers is likely to mean cuts in other benefits, such as annual bonuses, staff discounts or pension payments. The mandatory pay rise for workers aged over 25 comes amid tough competition on the high street and online. ...
Waitrose launches 'pick your own offers' scheme for loyal shoppers image
Source : Guardian [Read Article] Wednesday 17th of June 2015 04:48:51 PM
.... One said the scheme would only hand discounts to already loyal shoppers. Like all the major supermarkets, Waitrose’s profits have fallen as it has been forced to cut prices and improve service in order to fight off tough competition from fast-growing discounters such as Aldi and Lidl. ...
Hated airline Ryanair boosts profit to £614m by treating customers a little better   image
....The Irish carrier is promising new aircraft interiors and updated uniforms for cabin crew, with other plans under a second year of its customer programme. But the group cautioned that it could face tough competition amid an industry-wide move to slash prices, which could impact its business over the winter season. ...
Japan's Sharp in $1.7bn bank bailout image
Source : BBC [Read Article] Thursday 14th of May 2015 07:07:54 AM
....Sharp said it had recorded "large deficits for the year" due in part to a "lack of foresight in market changes" and a deterioration of its LCD TV business in the US. It also faces tough competition in its important smartphone display business. ...
Insurance price war makes RSA's recovery plan tougher image
Source : Telegraph [Read Article] Thursday 7th of May 2015 03:43:16 PM
.... . RSA, which trades under the More Than brand, said UK household insurance premiums fell 7pc on a year ago to £119m, which it blamed on tough competition and some customers moving to other providers. ...
Co-op Group: competition means we cannot fully commit to Fairtrade image
Source : Guardian [Read Article] Sunday 19th of April 2015 05:12:35 PM
. The Co-operative Group has told its members that it cannot make an enhanced commitment to stock Fairtrade products because of tough competition among supermarkets and its shift towards convenience stores. ...
Lot is riding on Ladbrokes' new boss image
Source : Daily Express [Read Article] Saturday 21st of March 2015 08:31:00 AM
....7million in pay and bonuses in 2013. Ladbrokes chairman Peter Erskine said: "Jim faced tough competition but was our unanimous choice. ...
Domino Printing targeted by Japan's Brother in £1bn bid image
Source : Telegraph [Read Article] Wednesday 11th of March 2015 02:03:42 PM
.... . Domino moved into the growing but specialised digital label printing market in 2011 but issued a profit warning last year, saying the research and development costs involved and the tough competition it was facing would hold back its performance. ...
Qantas posts best half-year profit in four years image
Source : BBC [Read Article] Thursday 26th of February 2015 12:05:56 AM
.... . The national flag carrier has been facing tough competition in both international and domestic markets. ...
New Look ready to float again after strong festive sales image
Source : Independent [Read Article] Wednesday 11th of February 2015 01:13:39 AM
.... . Across the UK, 319 stores have been overhauled as the retailer hopes to fight off tough competition from Primark and Next, and Mr Kristiansen said chequered dresses, shirts and trousers have been flying off the shelves. ...
Kelvin MacKenzie plans to launch sports radio station to rival Talksport image
Source : Independent [Read Article] Tuesday 10th of February 2015 12:29:01 AM
....”. Ofcom is picking stations to enter a second national digital radio multiplex – or list of stations offered through digital radios – and Mr MacKenzie will face tough competition from Talksport owner UTV, which has already said it wants to launch three new stations. ...
BT to buy mobile firm EE for £12.5bn image
Source : BBC [Read Article] Thursday 5th of February 2015 07:34:55 AM
....". He said the money being spent on the deal did not affect its plans ahead of the multi-billion pound Premier League rights auction, where it is in tough competition with rival Sky. ...
McDonald's lets customers pay for hamburgers with hugs image
Source : Telegraph [Read Article] Sunday 1st of February 2015 05:37:03 PM
.... The promotion comes at a rocky time for McDonald’s, which saw the abrupt departure of its chief executive last week, amid slumping sales. The company is facing tough competition from fast restaurant chains such as Chipotle, and a consumer shift to healthier options. ...
McDonald's names UK-born Steve Easterbrook as new chief executive image
Source : Telegraph [Read Article] Wednesday 28th of January 2015 11:41:25 PM
.... . McDonald's is trying to simplify its menu amid tough competition from fast restaurant chains such as Chipotle, and a consumer shift to healthier options. ...
Target: 17,600 jobs at risk as retailer leaves Canada   image
Source : BBC [Read Article] Thursday 15th of January 2015 03:28:43 PM
....On current trading performance, Target Canada, which employs 17,600 people, would not be profitable before 2021, its US parent said in a statement. Target Canada, which has filed for bankruptcy protection, faced tough competition from Walmart and Costco, which opened in the country years ago. ...
Stagecoach shares hit a bump in the road after bus growth slows down image
Source : Telegraph [Read Article] Wednesday 10th of December 2014 05:39:26 PM
.... . Stagecoach blamed slow revenue growth in some of the UK regions and particularly tough competition in Manchester, where it vies for traffic with several large operators including FirstGroup and Arriva. ...
Qantas shares soar as troubled airline's tunraround begins to take effect image
Source : Telegraph [Read Article] Monday 8th of December 2014 04:32:48 PM
.... . Over the past few years Qantas has faced tough competition in domestic flights from Virgin Australia, though it retains about 60pc of the market. ...
Glaxo sharpens axe to save £1bn as insurers and rivals turn up heat image
Source : Independent [Read Article] Sunday 30th of November 2014 11:43:54 PM
....The beleaguered drugs giant GlaxoSmithKline is set to wield the axe on hundreds of jobs this week under plans to save £1bn over the next three years. The bulk of the cuts are likely to come in the US, where sales of its biggest-selling drug – the asthma treatment Advair – are tumbling amid tough competition from rivals. ...
Parcel delivery stabilises at UK Mail image
Source : Telegraph [Read Article] Wednesday 19th of November 2014 06:00:42 AM
.... UK Mail 410p+13¼p Questor says HOLD . UK MAIL [LONUKM] said that parcel delivery operations had been resilient across the first half and that was enough to send the shares 3pc higher yesterday as markets had been expecting tough competition to hit profits. ...
BRIEFING: Centrica profits down thanks to warm autumn image
Source : Daily Express [Read Article] Monday 17th of November 2014 10:04:00 AM
....Operating profits before transformation costs are forecast to be down 8. 1 per cent to £260million due to tough competition in its profitable parcel business in Britain and its European delivery unit, GLS. ...
Energy giant SSE blames the weather as it warns on profits image
Source : Telegraph [Read Article] Wednesday 12th of November 2014 09:18:59 AM
. Energy giant SSE has blamed warm weather and tough competition after warning its profits will be flat this year. ...
Friends Life pleased with 12pc anuities drop ahead of pension overhaul image
Source : Telegraph [Read Article] Tuesday 11th of November 2014 03:10:07 PM
.... Friends Provident International is improving after a tough start to the year, the firm said, with sales in the year to date down 18pc to £79m. The company said it was feeling the effects of India’s restrictions on unit-linked insurance products while tough competition in South Asia had knocked sales in the region 14pc lower than last year. ...
Vodafone to launch broadband  and television services image
Source : Telegraph [Read Article] Tuesday 11th of November 2014 09:02:30 AM
.... More recently, in European markets such as Germany and Spain, it has made more concerted efforts and invested heavily to gain a foothold in fixed-line market. The moves into more profitable broadband and pay-TV sectors have partly been driven by tough competition and prices cuts imposed by regulators on mobile operators. ...
Market Report: Poundland tempts bargain–hunters image
Source : Daily Express [Read Article] Saturday 8th of November 2014 02:04:00 PM
.... Higher oil prices helped Royal Dutch Shell gush 52p to 2230½p, BP to rise 5½p to 441¼p and Petrofac to surge 30p to 1118p. Car insurer Admiral was the biggest faller skidding 44p lower to 1215p as it blamed tough competition for its third quarter turnover falling 3 per cent. ...
RSA says it is recovering despite lack of 'freebies' from the rest of the market image
.... . RSA said the plunge was caused by both tough competition on prices, as reported by Esure and Direct Line in the past week, and its ongoing work to turn the company around. ...
Shake-ups help Sony and Panasonic turn the corner image
Source : Telegraph [Read Article] Friday 31st of October 2014 11:31:37 AM
....1bn yen from 16. 5bn yen last year, as the company’s smartphone division weighed on the bottom line in the face of tough competition from Apple and Samsung. ...
Questor share tip: Sell Apple as shares peak image
Source : Telegraph [Read Article] Wednesday 22nd of October 2014 05:00:51 AM
.... That was despite the average selling price falling to $431, from $439 a year ago. The company is facing tough competition from Android-based tablets, while the larger iPhone 6 Plus is also cannibalising sales of the iPad. ...
Lufthansa strike declared legal as union warns of more action image
Source : BBC [Read Article] Tuesday 21st of October 2014 11:44:49 AM
....The company has offered to retain the scheme for existing members but not to extend it to new recruits. The airline is attempting to expand its low-cost operation in the face of tough competition from budget carriers such as Easyjet and Ryanair. ...
Tate & Lyle shares dive in fresh profit warning image
Source : Independent [Read Article] Tuesday 23rd of September 2014 12:17:02 PM
. Shares in Tate & Lyle tumbled 16 per cent after tough competition in the sweeteners sector and supply-chain problems forced the group into a fresh profit warning. ...
Sony shares tank on fresh profit warning image
Source : Independent [Read Article] Thursday 18th of September 2014 10:49:50 AM
....3 billion) loss comes after its mobile phones were about as popular as landlines in the desert, forcing it to shed 180 billion yen from the value of its mobile division. The firm’s Xperia smartphones have been flailing in the face of tough competition from rivals Samsung and Apple, and in the crucial US market, Sony has struggled because it has few tie-ups with carriers. ...
London renters trapped in £1,000 a month 'rabbit hutch properties' image
Source : Guardian [Read Article] Friday 29th of August 2014 08:15:02 PM
....Roger Harding, director of communications, policy and campaigns at Shelter, said: "The fact that London's renters are stuck with these pitiful pint-sized properties is a reflection of the appalling state of our private rented sector. …Sky high rents and tough competition for homes in the capital means that many renters have no choice but to take the first place they can afford, and are being squeezed into costly, cramped and claustrophobic flats that are far too small for them and their families. ...
Qantas reports record annual loss image
Source : BBC [Read Article] Wednesday 27th of August 2014 11:58:56 PM
...." . The national flag carrier has said for many months that it has been facing tough competition in both international and domestic markets. ...
Gold price fall drags on UK's biggest pawnbroker H&T image
Source : Daily Express [Read Article] Tuesday 19th of August 2014 12:00:00 AM
....1million to £38. 5million amid tough competition but retail sales increased by 49. ...
ANZ posts $5.2bn cash profit, a rise of 8% for nine months to June 30 image
Source : Guardian [Read Article] Friday 15th of August 2014 01:51:26 AM
....“ANZ has continued to perform well, with strong results in Asia and consistent performances in both New Zealand and Australia, despite parts of the Australian economy being a little slower than expected,” he said. The bank said trading conditions had improved so far in its fourth quarter, despite tough competition in the corporate and institutional sectors, and full-year 2013/14 revenue growth was likely to be at the lower end of its 4% to 5% guidance. ...
Price wars lead to huge fall in value of food sales image
Source : Independent [Read Article] Monday 11th of August 2014 11:00:00 PM
....This year’s decline in sales comes against a heatwave in July last year and a barbecue blitz to celebrate the arrival of Prince George and Andy Murray’s Wimbledon victory. But the BRC also said consumers were “taking full advantage of” the tough competition in the sector as the likes of Tesco and Morrison struggle to fend off discount rivals like Aldi and Lidl. ...
Source : Independent [Read Article] Saturday 26th of July 2014 12:30:30 AM
. Vodafone’s revenues have been hit by new rules dictating how much it can charge in South Africa and Europe, while tough competition also took its toll at the world’s second-largest mobile phone company. ...
Pained Glaxo sees sales take turn for the worse image
Source : Daily Express [Read Article] Thursday 24th of July 2014 12:00:00 AM
....It revealed yesterday that US sales of its 15-year-old inhaled lung drug Advair, which makes up nearly a fifth of sales, had tumbled 19 per cent in the three months due to competition. Advair already faces some tough competition from copycat versions in Europe, with generics in the US perhaps a couple of years away. ...
Royal Mail share price falls as Amazon parcel rethink hurts revenue image
Source : Guardian [Read Article] Tuesday 22nd of July 2014 04:22:00 PM
.... In January they were changing hands at 615p. Chief executive Moya Greene said the business was facing increasingly tough competition, with parcels revenue – supposed to be the driver of growth in the business – down 1% over the three months to the end of June. ...
Co-operative Group sells 774 pharmacies for £620m image
Source : Independent [Read Article] Friday 18th of July 2014 03:13:38 PM
....The Tory donor, who sits as Bestway chairman, paid Co-op £620 million for the 774 branches of its chemists, which is the UK’s third largest pharmacy business behind Alliance Boots and Lloyds Pharmacy. Bestway fought off tough competition from rivals, including a handful of deep-pocketed private-equity firms, but Co-op chose the cash-and-carry firm following reassurances that the stores would remain open and jobs would be saved. ...
Morrisons expands online food delivery across north London image
Source : Guardian [Read Article] Wednesday 25th of June 2014 11:47:06 AM
....It now delivers to Warwickshire and Yorkshire and has been testing the London market in a 250 sq km area near Ruislip, in the north-west of the capital, since early May. Morrisons faces tough competition in its next phase as London is already well served by rivals. ...
Energy price row reignited after SSE posts record £1.5bn annual profit image
Source : Guardian [Read Article] Wednesday 21st of May 2014 07:34:52 AM
....The company, formerly Scottish & Southern Energy, raised prices for its 9 million retail customers last November by more than 8%. But today it said tough competition and a mild winter pushed profits down in retail by 28%. ...

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