Ryanair share price rises with airline expecting full year profits and traffic numbers to fly November 2, 2015 Profits are soaring for Ryanair, as the low-cost airline expects full year profits to reach the upper end of a range which was recently adjusted upwards. The figures Half year profits jumped 37 per cent to €1.09bn (£780m) in the first half to 31 October. Revenue was €4.04bn, up 14 per cent from the same period last [...]
HSBC share price down sinks despite smashes expectations and shrugging off China slowdown – but no news on headquarters move November 2, 2015 HSBC has beaten expectations for profits in the third quarter, shrugging off the slowdown in China. The figures The UK’s biggest bank reported a jump in pre-tax profit to $6.1bn (£3.95bn) for the third quarter, from $4.6bn during the same period last year. This outstripped most analysts’ expectations, which hovered around $5.2bn. Revenues, however, fell four per cent year-on-year, [...]
UK’s rising population will support the housing market, says Moody’s November 2, 2015 The UK and Ireland’s expanding population combined with both countries’ housing supply shortage and “robust” economic growth will support demand and property prices, Moody’s Investors Service has said this morning. Moody's research comes amid warnings from UBS economists last week that London's property market is on the verge of bubble that could pop soon after [...]
Chancellor George Osborne in Berlin to meet German ministers for talks on non-Eurozone states November 2, 2015 Chancellor George Osborne heads to Berlin today, where he is expected to make the case for protecting the interests of non-Eurozone states in crunch talks with German government officials. Osborne, who has made similar trips to Paris, Stockholm, Helsinki and Copenhagen in recent months, is set to meet with German finance minister Wolfgang Schauble and German [...]
Association of British Insurers calls for better flood-risk information for UK homebuyers November 2, 2015 Nine out of ten people think flood-risk information should be included in material about properties for sale, an Association of British Insurers (ABI) survey has revealed today. The ABI also criticised property search websites and marketing materials for new builds for lacking flood-risk information. In light of the survey, the ABI is calling for more [...]
Online images are putting girls off a career in engineering, making them feel it is a job for boys November 2, 2015 Online imagery portrays engineering as a career for boys, putting off girls from pursuing jobs in the field, research by EngineeringUK has today revealed. The organisation, which was set up to promote engineering’s contribution to society, discovered that less than half (42 per cent) of online pictures with people that are related to engineering contain [...]
More job vacancies than jobseekers in 41 out 56 UK cities November 2, 2015 Job vacancies outnumbered jobseekers in 41 out of 56 UK cities during September, research by job search engine Adzuna has revealed today. Adzuna’s UK Job Market Report discovered that there were an average of 0.58 jobseekers per job vacancy last month, slightly less than the 0.62 jobseekers per vacancy recorded during August 2015. By comparison, [...]
HMV and Game steal entertainment market share from Amazon in run-up to Black Friday 2015 UK sales November 2, 2015 HMV, Game Digital and Argos staged a comeback in the last three months after growing sales of video games, CDs and DVDs at the expense of their online rival Amazon. Figures released this morning by Kantar Worldpanel show that Amazon’s share of the physical entertainment market shrank by 1.2 percentage points (pp) in the 12 [...]
Italy’s Franklin & Marshall to launch its second London store November 2, 2015 Vintage Italian sports retailer Franklin & Marshall is to open its second UK store in Wembley Park’s London Designer Outlet (LDO) next month after launching its debut store in Covent Garden last year. The company, known for its varsity jackets and vintage polo shirts, announced today that it will open a 1,301 square feet outlet [...]
Morrisons supermarket takes a bite out of £3bn sandwich market November 2, 2015 Morrisons is going head-to-head high street chains such as Pret a Manger and EAT by launching its own range freshly made sandwiches, as the embattled chain looks to revive sales at its stores. Britain’s food-to-go market is expanding rapidly along with changing consumer habits and is now worth around £6bn, with the sandwich market worth around [...]