<?xml encoding="utf-8" ??> Moonpig has reported its largest ever week of sales in the UK thanks to consumers scrambling for Mother’s Day cards. The listed retailer, which allows shoppers to personalise cards and gifts, said it now expects annual revenue for the year ending 30 April to remain at £320m, despite previously warning that Royal Mail strikes haddisrupted trade for ...
It was an event packed full of life-enriching nutrients — from one woman to another. Enderun Extension at Capitol Commons was a burst of pink and all pixie dust and high on endorphins as Global Women Who Rule staged Year 3 of its annual Summit. The first hybrid production, Global Women Who RULE (GWWR) peaked at almost 500 online live ...
PHILIPPINE STAR/ MICHAEL VARCAS RETAIL PRICE growth of general goods in the Philippine capital region grew at its fastest pace in February, the highest reading in 14 years, according to preliminary data from the local statistics agency. Data from the Philippine Statistics Authority (PSA) showed the general retail price index (GRPI) in Metro Manila rose to 6.6% last month, up ...
<?xml encoding="utf-8" ??> Increasing capital requirements on SME lending will stifle economic growth and depress the UK’s small business sector, business groups have warned. Under proposals being considered by the Prudential Regulation Authority (PRA) as part of the Basel 3.1 regulations, favourable treatment for SME lending will be removed. Removing the preferential treatment, known as the SME Supporting Factor, will ...
WU YI-UNSPLASH NEW YORK – Activist shareholder platform Tulipshare is calling on Nike to offer more transparency on working conditions in its supply chain. In a shareholder proposal released Thursday, London-based Tulipshare requested a report from Nike on whether its policies effectively address its stated equity goals and human rights commitments. The group, which owns 276 Nike shares and aims to help investors push for environmental and social commitments, asked Nike for information on the methodology ...
<?xml encoding="utf-8" ??> People in Britain have more confidence in the EU than the UK parliament, reversing a state of affairs that has lasted for more than 30 years, research reveals. Since the UK voted for Brexit, the proportion of people declaring confidence in parliament has slumped by 10 percentage points to 22% while there has been a seven percentage ...
WORLD ECONOMIC FORUM/WIKIPEDIA KUALA LUMPUR – Malaysia’s top court on Friday dismissed a bid by jailed former prime minister Najib Razak to review his corruption conviction over the multi-billion dollar scandal at state fund 1MDB, ending Najib’s judicial efforts to challenge the guilty verdict. Najib was jailed last year after Malaysia’s Federal Court upheld a guilty verdict and 12-year prison sentence handed down to him by a lower court. Najib can no longer challenge the conviction in ...
<?xml encoding="utf-8" ??> A decision on whether to bring forward the date when the state pension age rises to 68 has been postponed until after the next general election, the government has announced. Responding to a review of the UK retirement system’s funding, the work and pensions secretary, Mel Stride, told MPs on Thursday that now was not the time ...
<?xml encoding="utf-8" ??> NatWest and Lloyds are to axe a further 81 bank branches as both announced fresh cuts to their high street networks. Lloyds Banking Group is closing 39 branches – 26 Lloyds Bank outlets, nine Halifax branches and four Bank of Scotland outlets – between July and September this year. NatWest Group said it was shutting 42 branches. ...
<?xml encoding="utf-8" ??> Ocado Group has seen off claims from an international rival “goods retrieval” company that alleged the British online retailer and technology group had stolen several of its technology inventions. A High Court judge ruled that two patents held by the Norwegian company were invalid and that, regardless, Ocado had not infringed them. In its claim brought in ...