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Entries from November 2009

Co-operative Group enter festive price war

John Williams - Monday 30.11.09, 12:56pm

Mutual retailer, the Co-operative Group has today announced that it is prepared to fight like for like with the UK’s top supermarket chains for a share of the public festive season spend, by introducing price cuts and savings that they say are worth £200 million customers.
As the silly season is practically upon us the Co-op [...]

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Tags: Business News · Personal Finance · Retail · UK Economy

PREL Welcome Conservative proposals to make landfill sites obsolete in UK

John Williams - Friday 27.11.09, 15:10pm

Peterborough Renewable Energy Ltd (PREL), who were recently granted permission by the government to go ahead with plans to build the first Green Energy park in the UK, have welcomed Shadow Chancellor George Osborne’s tax commitments to make landfill a thing of the past.
PREL have pledged their support to the commitment, that if the Conservative [...]

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Tags: Environment · Renewable Energy · UK Economy

A quarter of SMEs lose money to ‘phoenix’ companies

John Williams - Monday 23.11.09, 17:38pm

The Forum of Private Business (FPB) has hit out at so called ‘phoenix companies’, companies that fail owing huge debts only for the directors to purchase the company assets for a fraction of their true value and start trading in a different name.
This is of course all perfectly legal in the UK and is not [...]

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Tags: Administration · Cash Flow · Small Businesses · UK Economy

Mothercare expansion plans for UK and abroad

John Williams - Wednesday 18.11.09, 11:44am

Baby product and children’s wear retailer Mothercare, who announced an 11% increase in profits recently, have announced expansion plans for both the UK and overseas markets.
Mothercare say that they will be taking on an extra 400 staff in the UK over the next three years and will be increasing the rate of new overseas outlets [...]

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Tags: Business News · Retail · UK Economy · World Economy

Debenhams to kick off pre-Christmas sales in UK

John Williams - Monday 16.11.09, 12:36pm

Debenhams have announced that they will hold a four day pre-Christmas sale starting on November 18th in a move that is bound to spark a frenzied price war on the high street in the run up to the holiday period.
The department store says that it will be offering savings of £250 million to customers during [...]

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Tags: Retail · UK Economy

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