Bookies think Steven Woolfe is most likely to be the next leader of Ukip though they aren’t ruling out a third comeback for Nigel Farage October 5, 2016 The UK's biggest high street bookmakers haven't ruled out Nigel Farage returning to the helm of Ukip for a third time, though the party's migration spokesman Steven Woolfe is being tipped to take the top spot. Ukip was plunged into another search for a leader yesterday after Diane James stepped down, having spent just 18 days [...]
Tesco posts increase in UK like-for-like sales but profit drops 28 per cent October 5, 2016 Tesco's share price jumped nine per cent in early morning trading after it posted an increase in UK sales in its interim results. The company also confirmed its pension deficit has jumped by £3.2bn to £5.9bn "due to lower bond yields". The figures Tesco's like-for-like sales in the UK were up 0.6 per cent in the first [...]
Raise a dram to this 50-year-old whisky… If you have £20,000 to spare, that is October 5, 2016 A new whisky has been launched today that would leave Don Draper scrabbling for a dram – and his wallet. The world's number two whisky brand, Scotch giant Glenlivet, has unveiled the second release from its luxury Winchester collection, a 50-year-old Vintage 1966 worth an eye-watering £20,000 a bottle and created by then-master distiller Robert Arthur. [...]
Business travelers fork out more to stay near the City, study shows October 4, 2016 Business travelers were still prepared to pay more to stay near Canary Wharf and the Square Mile despite increased uncertainty ahead of the EU referendum. A bi-annual report by HRG — the global travel company — showed that average room rates for business travelers leapt in the Docklands and the City by 6.9 per cent [...]
Facebook and trend for fewer but bigger nights out lift profits at Revolution Bars Group October 4, 2016 A large Facebook following and people opting for fewer but bigger nights out have revolutionised profits at Revolution Bars Group over the last year. The figures Revenue at the premium bar firm, which operates the Revolution and Revolucion de Cuba brands, was up 6.9 per cent to £119.5m in the year ended 30 June. Like-for-like [...]
World gets thirsty for British gin as exports skyrocket October 4, 2016 The rest of the world has developed a bigger taste for British gin than ever before, as new figures show global exports have risen 166 per cent by value since 2000. According to the Wine and Spirit Trade Association, exports since 2010 have risen 44 per cent by volume and 46 per cent by value. [...]
Megabrew holding company lists in Johannesburg as SABMiller prepares to leave the London Stock Exchange October 4, 2016 The holding company for the Megabrew merger listed on the Johannesburg Stock Exchange (JSE) today, while SABMiller shares will be suspended in London tomorrow morning ahead of the long-awaited tie-up. Newbelco SA/NV, which will be renamed Anheuser-Busch InBev SA/NV when the £79bn takeover completes next week, listed 1.7bn new ordinary shares on the main board [...]
The cost of groceries fell once again in September as the supermarket price war waged on October 4, 2016 The cost of a basket of shopping fell again in September as the supermarket price war continued to take its toll on retailers' margins. According to research by comparison website mySupermarket, a basket of popular grocery items came to £83.19 in September, an annual drop of £2.74 and a month-on-month drop of 16p. Read more: Sainsbury's share [...]
Sports Direct was selling Louboutin heels online this weekend – but they’ve been taken off the website October 4, 2016 Budget sports retailer Sports Direct moved into uncharted territory this weekend as it started selling Christian Louboutin heels. Sports Direct is known for its discount tracksuits and, most recently, for not paying its workers the minimum wage. Read more: Sports Direct shares jump as Mike Ashley takes control But now it appears the company wants to [...]
Crispin Blunt says new cannabis and wider drugs legislation could be a task for a Royal Commission October 4, 2016 Former prisons minister and Tory MP Crispin Blunt has said the best way to move ahead with more progressive drugs legislation would be to initiate a Royal Commission on the matter. Blunt told a fringe event about cannabis legalisation at the Conservative party conference last night that doing so would take the debate about changing drugs policy, [...]
