The Week Ahead: Results due from Burberry and Vodafone
The City will this week count the cost of the global slowdown on luxury sales at Burberry while Vodafone’s competitive European markets will come under the spotlight with its annual results.
British Gas owner Centrica ‘on track’ despite sharp fall in residential customer accounts
British Gas owner Centrica said today that it lost more than 200,000 customers in the first three months of the year as competition in the energy market continued to bite.
British Gas owner Centrica ‘on track’ despite sharp fall in residential customer accounts
British Gas owner Centrica said today that it lost more than 200,000 customers in the first three months of the year as competition in the energy market continued to bite.
Premier Foods rejects new offer from McCormick & Company but agrees to talks
Mr Kipling cakes group Premier Foods has rejected a third takeover offer from Schwartz spices owner McCormick & Company – but has agreed for the first time to enter talks with its United States-based suitor.
The Week Ahead: Results due from retailers Next and Kingfisher
Bellwether retailer Next will give the City a feel of consumer confidence on the high street this week while B&Q DIY chain owner Kingfisher is expected to outline its plans to battle the new proprietors at rival Homebase.
Profits tumble at Morrisons following store disposals
Supermarket Morrisons has posted a sharp fall in full-year profits following a round of store closures as it bids to turn around its fortunes.
Greggs restructure will see 355 jobs axed
High street chain Greggs said it plans to close three bakeries with the loss of 355 jobs as it reshapes the business.
Asda to cut hundreds of jobs at UK head office
Asda is set to cut hundreds of jobs as the UK's supermarket price war continues to reshape the industry.
Asda to cut hundreds of jobs at UK head office
Asda is set to cut hundreds of jobs as the UK's supermarket price war continues to reshape the industry.
Home Retail Group agrees £340m Homebase sale to Australian conglomerate
Argos owner Home Retail Group, which is being pursued by supermarket Sainsbury's, has agreed to sell DIY chain Homebase to Australian conglomerate Wesfarmers for £340 million.
