John Lewis Offers Retail Bond

March 7, 2011

By launching its first retail savings bond, John Lewis hopes to raise £50 million from its staff and customers. The department store chain, which is the largest by sales in the UK, already offers some financial services, like home ...

Whitbread Buys Coffee Nation Machine Business

March 3, 2011

Whitbread, which is the largest hotel and restaurant group in the UK, has bought Coffee Nation for £59.5 million in a bid to get into the self-serve coffee bar market. The company, which owns Costa Coffee, as well as ...

HSBC Reports £12 billion Profit

March 1, 2011

HSBC Holdings, the British-based banking giant, has posted more than doubled profits, with results returning to levels from before the recession. Pretax profits for the group were £12 billion last year, whereas they were £4.4 billion the year before. ...

Qatar Interested in Investing in Lloyds and RBS

February 24, 2011

Qatari prime minister Sheikh Hamad bin Jassem al-Thani has expressed an interest to British prime minister David Cameron in buying a stake in either Lloyds Banking Group or Royal Bank of Scotland (RBS). They are very open to any ...

Asda says Young Drinkers Demand More Ale

February 22, 2011

The Asda has conducted a survey that has found that the younger crowd has accounted for more of ale sales lately. This drink is traditionally favored by the older crowd. The retailers Pulse of the Nation study was ...

WH Smith Acquires 22 British Bookshops and Stationers

February 9, 2011

WH Smith, the high street chain, has acquired 22 British Bookshops and Stationers properties. The bookstore company had gone into administration last month under Zolfo Cooper, and the retailer has now saved venues in Kent, Surrey, south London and ...

Alexander Trenchard Jailed for Using Tesco Money for Festival

February 7, 2011

Alexander Trenchard, the oldest son of Hugh Trenchard, 3rd Viscount Trenchard, has been jailed for cheating Tesco out of £335,000 to operate the Standon Calling music festival at his family's home, a 16th-century country property. The losses for the ...

Carrentals.co.uk Tops Natural Car Hire Search Rankings with 53% in SEO & Social Media Marketing

January 20, 2011

It's been found in a report from leading search engine marketing agency Greenlight that Carrentals.co.uk, a leading car hire price comparison site, has hit the top of SEO and social media marketing rankings. This comes after the agency conducted their ...

Lloyds Boss to get £2 million Bonus

January 13, 2011

According to sources, Lloyds Banking Group chief executive Eric Daniels, who is stepping down from his position in March, isn't going to let a £2 million bonus slip through his fingers this year. Over the last 2 years, he has ...

House of Fraser launches new beauty emporium

January 8, 2011

Premium department store House of Fraser has launched its Apothecary line on the web. The Apothecary, which is being touted as a cutting edge beauty outlet, is exclusive to the retailer. The emporium allows customers to try new brands in a ...