Starbucks Sales Fall For First Time In 16 Years

Starbucks' turnover dropped last year for the first time, in the wake of revelations about its corporate tax practices. Sales for the year to September 29 were £399m, a decline of 3.4% compared to the previous year. The company said the decline, the...

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Mortgage Lending Clampdown Comes Into Force

Homebuyers will face more scrutiny by mortgage lenders under new regulations which take effect today. The industry-wide changes affect home buyers and people looking to re-mortgage and they will mean that lenders have to take a much stronger interest...

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Barclays Board Face Angry Shareholders At AGM

Senior management of Barclays bank have faced angry shareholders at the bank's annual general meeting, with its chairman forced to defend its bonus payments. Sir David Walker told shareholders there would have been an exodus of top executives if it...

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GM Profit Skids To A Halt Due To Recalls

General Motors (GM) has seen its first-quarter profit plunge 85%, due to a series of vehicle recalls. America's biggest car maker said net profit was $125m (£75m) for the first three months of the year. The company was hit by a $1.3bn (£775m) charge...

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Facebook Profits Triple As Apple Sales Jump

A surge in advertising sales helped Facebook triple its profits in the first three months of 2014, the social networking site has revealed. The company posted a Q1 profit of $642m (£383m) on the back of a 72% surge in revenues. The amount of money...

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Gym Fees 'Could Stop Mortgage Approvals'

By Ed Conway, Economics Editor Homebuyers could find themselves turned down for a mortgage because of their gym memberships, phone bills and pension payments, under new rules introduced this weekend, experts have warned. Mortgage advisors said...

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GSK In £8.5bn Deal With Swiss Rival Novartis

British drug giant GlaxoSmithKline (GSK) is to sell its oncology business to Novartis for $14.5bn (£8.5bn) and will buy the Swiss company's vaccines division. Novartis is expected to pay another $1.5bn (£900m) if certain milestones on the deal are met....

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Center Parcs' Term-Time TV Advert Banned

A TV advert for Center Parcs which "irresponsibly encouraged parents" to take their children on holiday during term time has been banned. The ad, which promoted four-night midweek breaks at the luxury resorts and featured families with school-aged children,...

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British Gas Bonus Claims To Be Investigated

Claims that British Gas workers have been paid large bonuses to inflate customer bills are to be investigated by the energy regulator, Ofgem. It comes after a former employee claimed the energy company encouraged its sales staff to sign up charities,...

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Best Of British Gear Up For China Car Show

Western Firms Need To Heed China Potential Updated: 8:33am UK, Tuesday 14 January 2014 By Roland Boal, Designer, Priestmangoode Western companies need to pay a lot more attention to what is happening in China and Britain's presence here is more...

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British Gas Bonus Claims To Be Investigated

Claims that British Gas workers have been paid large bonuses to inflate customer bills are to be investigated by the energy regulator, Ofgem. It comes after a former employee claimed the energy company encouraged its sales staff to sign up charities,...

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Best Of British Gear Up For China Car Show

Some of Britain's most famous cars are on parade today at one of the most important days in the motoring calendar. Ford cars on display at the 50 years celebration ceremony of Ford UK brands such as Rolls-Royce, Jaguar and Land Rover are showing their...

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British Gas Bonus Claims To Be Investigated

Claims that British Gas workers have been paid large bonuses to inflate customer bills are to be investigated by the energy regulator, Ofgem. It comes after a former employee claimed the energy company encouraged its sales staff to sign up charities,...

11.46 | 0 komentar | Read More

Best Of British Gear Up For China Car Show

Some of Britain's most famous cars are on parade today at one of the most important days in the motoring calendar. Ford cars on display at the 50 years celebration ceremony of Ford UK brands such as Rolls-Royce, Jaguar and Land Rover are showing their...

11.46 | 0 komentar | Read More