Sebastian James, the boss of Currys and PC World owner Dixons, has vowed to stick to the High Street in the future after the sale of its loss-making online-only business Pixmania came a step closer.
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Sunday 08 May 2011
Saturday 30 April 2011
For a record number of viewers around the world, yesterday's royal wedding at Westminster Abbey provided a few hours of unmitigated escapism.
Friday 15 April 2011
Our view: Hold
Friday 15 April 2011
Glencore, the commodities trader that announced its record-breaking flotation yesterday, has Finsbury doing its PR. It is run by Roland Rudd, who is a close friend of Robert Peston, the BBC's Business Editor. So, when Peston revealed yesterday that Glencore had appointed ex-BP boss Lord Browne as its chairman, the world assumed he knew what he was talking about. Some surprise then when Glencore announced several hours later that Simon Murray was its new chairman. "OMG" Peston told the world via Twitter.
Tuesday 12 April 2011
Retailers have warned the Bank of England that raising interest rates would do "more harm than good" after posting their worst monthly sales for at least 16 years.
Saturday 09 April 2011
The days of swanky new flagship academies operating in "truly world class" school buildings are over, according to a government review published yesterday.
Friday 08 April 2011
Carpetright, the UK's biggest carpet retailer, has issued its second profit warning this year and its sixth in the past 12 months, as the slump in consumer spending shows no sign of abating.
Tuesday 05 April 2011
Marks & Spencer is expected to add to the gloom on the high street tomorrow when the retail bellwether posts its fourth quarter trading update.
Thursday 31 March 2011
Dixons retail, the owner of the Currys chain, blamed the "chilling effect" of government cutbacks for a dire slump in sales of electrical appliances and a profits warning yesterday.
Wednesday 30 March 2011
The owner of Currys and PC World issued its second profits alert in as many months today after worsening trading conditions saw sales tumble 11%.
Friday 25 March 2011
Our view: Buy
- 1 Mountain goats' miraculous escape from avalanche captured in dramatic video footage
- 2 Gurdwaras-turned-food banks: Sikh temples are catering for rise in Britain’s hungry
- 3 Kenyan politician Mike Sonko left red-faced after photoshopping himself next to Nelson Mandela
- 4 Government delays EU immigration report because it is too positive
- 5 'I'm experiencing austerity as well', says Princess Michael of Kent