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Entries from October 2009

An Overseas View of the Current UK Financial Market Situation

John Williams - Thursday 15.10.09, 10:16am

It is expected that you have heard about the economic condition across the world. Countless people are speculating how a formerly thriving UK economy has slumped so abruptly, resulting in a lot of companies and people becoming bankrupt.
The stock market has become more unpredictable than it was in the past. The once flourishing real estate [...]

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Tags: Banking · UK Economy · World Economy

Heston Blumenthal puts Little Chef in Good Food Guide and in the money

John Williams - Tuesday 13.10.09, 15:35pm

The Heston Blumenthal experiment has paid off for Little Chef.
After falling into administration in January 2007 the UK’s favourite pit stop, the Little Chef has bounced back stronger than ever before and the company are thanking top chef Heston Blumenthal for the turn around in the companies fortunes.
Little Chef has forecast profits for this year [...]

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Tags: Business News · Food Industry · UK Economy

UK Business: Co-op profits boosted by food sales increase

John Williams - Monday 12.10.09, 15:21pm

The Co-operative Group in the UK have reported an incredible 80% increase in sales of its ‘Simply Value‘ range of food products, while sales of Fairtrade products also rose by 35%, resulting in an overall increase of 17% in the companies first half profit.
The Co-op is Britain’s fifth biggest chain of grocery stores after purchasing [...]

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Tags: Business News · Retail · UK Economy

UK Business: TV manufacturer will create 500 jobs in Northampton

John Williams - Wednesday 07.10.09, 11:22am

Taiwanese firm Kenmark, a flat screen TV manufacturer have promised the provision of around 500 jobs at a factory that it is to be built in Corby in Northamptonshire.
The purpose built factory is expected to be ready by early 2010, while the jobs will be created over the next three years.
The East Midlands Development Agency [...]

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Tags: Manufacturing · UK Economy

UK Business: Tesco announce latest sale and leaseback deal

John Williams - Monday 05.10.09, 16:42pm

The UK’s biggest retailer, Tesco say they have carried out a sale and lease back deal for property valued at £514million with an unnamed UK Pension fund.
The deal will see Tesco selling fifteen of its stores and two of its distribution centres to a 50-50 joint venture company owned by Tesco and the unnamed pension [...]

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Tags: Business News · Cash Flow · Pensions · Retail · UK Economy

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