2015年1月6日 星期二

2015-01-07 U.K. Business


The Times (subscription)
   
Supermarkets fight back with £450m price cuts   
The Times (subscription)
Asda and J Sainsbury have fired new-year salvos in the latest supermarket wars by investing a combined £450 million in price cuts to basics such as bread, sausages, ketchup and orange juice. Amid indications that Christmas trading was anaemic for ...

Savage supermarket price war to slash the cost of a family shopping basket   Mirror.co.uk
Sainsbury's and Asda kick off new price war   CITY A.M.
Asda launches counterattack on discounters with £300m in price cuts across ...   This is Money
Express.co.uk   
Telegraph.co.uk   
Daily Mail   
all 250 news articles »   


The Guardian
   
Lawmaker criticises overseers of Bank of England during crisis   
Reuters
... * BoE publishes records of financial crisis discussions. * Top lawmaker says BoE lacked "board worthy of the name". * Minutes show poor relationship with other UK regulators. * Failings led to shake-up of UK bank supervision. By David Milliken. LONDON ...

The hidden history of the crisis: Bank of England's financial crisis struggles ...   The Independent
Bank of England was unaware of impending financial crisis   BBC News
MP criticises overseers of Bank of England during crisis   Reuters UK
Daily Mail   
Businessweek   
Financial Times   
all 51 news articles »   


euronews
   
Barclays 'Bad Bank' Head Bommensath Said to Retire This Year   
Businessweek
Eric Bommensath, who oversees Barclays Plc’s (BARC) unit of unwanted assets and businesses, will retire later this year, according to a person briefed on the matter. Bommensath, who has worked at London-based Barclays for more than 17 years, ...

Barclays 'bad bank' chief to retire later this year: Sky News   Reuters
Barclays' 'Bad Bank' Chief To Step Down   Yahoo News UK

all 17 news articles »   


The Times (subscription)
   
Johnson Service Group closures to hit 400 jobs   
The Times (subscription)
Britain's biggest dry-cleaning chain is to close more than a third of its stores in a move that is expected to put at least 400 jobs at risk. Johnson Service Group, which closed more than 100 outlets in 2012, blamed the continuing shift away from traditional high ...

Johnson Services to shutter 109 branches   Scotsman (blog)
Johnson Service Group to slash its dry cleaning estate   Proactive Investors UK
Johnsons dry cleaners plan to close stores putting 36 North East jobs under threat   The Journal
BBC News   
The Guardian   
CITY A.M.   
all 78 news articles »   


Reuters UK
   
UK shop prices fall less sharply in December - BRC   
Reuters UK
LONDON (Reuters) - Prices in British shops fell last month at a slightly slower pace and food prices edged up after falling for the first time on record in November, the British Retail Consortium said on Wednesday. The BRC said retail prices were 1.7 percent ...

'Incredible good fortune' for shoppers as price falls set to continue   ITV News
Shop prices fell in every month of 2014 as deflation continues   The Guardian
Shoppers boosted as prices fall   expressandstar.com

all 18 news articles »   


BizTek Mojo
   
Bitcoin Price Stands Still but the Outlook Might Have Changed   
The Market Oracle
We have temporarily suspended Bitstamp services. Bitstamp customers can rest assured that their bitcoins held with us prior to temporary suspension of services on January 5th (at 9am UTC) are completely safe and will be honored in full.
Bitstamp halts trading after £3.5m theft   CITY A.M.
Bitcoin's Price Unfazed After Bitstamp Exchange Reports Breach   Businessweek
BitStamp's bitcoin "breach" results in loss of $5.4M   USA TODAY
Wall Street Journal   
TVNZ   
New York Times   
all 231 news articles »   


Herald Scotland
   
Thorburn leaving Clydesdale Bank   
Herald Scotland
THE search to find a successor to Clydesdale Bank chief executive David Thorburn has started after he announced his intention to step down. THE search to find a successor to Clydesdale Bank chief executive David Thorburn has started after he announced ...

NAB's Clydesdale Bank CEO to step down   WA today
Clydesdale bank CEO steps down.   The Age
CompaniesClydesdale Bank chief executive to stand down   Financial Times

all 40 news articles »   


Financial Times
   
PPI complaints forecast to continue for years   
Financial Times
The scandal of banks mis-selling payment protection insurance will rumble on for years, the Financial Ombudsman Service said, after figures showed the number of complaints was trailing off more slowly than expected. The prediction was made in the ...

James Moore: Banks must start taking soaring customer complaints seriously   The Independent
Banks will be paying out on PPI 'for years to come'   This is Money
Ombudsman swamped by PPI scandal   The Courier
Mortgage Solutions   
all 32 news articles »   


The Independent
   
Big supermarkets ratchet up price war to fight trading crisis   
The Independent
Britain's beleaguered supermarkets have moved to slash prices as they intensify their brutal price war after a grim festive season. Sainsbury's is expected to reveal today the impact on its Christmas trading of the rising popularity of upmarket rival Waitrose and ...

Tills ring record at luxury retailers but supermarkets might reveal not so healthy ...   This is Money
Waitrose in ascendant in Christmas sales battle   FoodManufacture.co.uk
Waitrose Christmas sales up seven per cent on last year   Reading Post
Yahoo News UK   
all 27 news articles »   


Mirror.co.uk
   
The pay inequality that continues to shame the nation   
Mirror.co.uk
For most of us January is a month to shake off the Christmas excess and settle down to a year's hard graft. But not everyone will be tightening their belts. In fact for some of Britain's best-paid bosses the season of plenty is likely to continue for some time.
Top Executives Earn the Average Annual UK Salary in Just Two Days   Newsweek
City fat cats have already earned more money in 2015 than most will all year   The i100

all 14 news articles »   

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