New year claims fashion retailer Bank as its first casualty
Clothing retail chain Bank have called in administrators Deloitte after “struggling in a highly-competitive industry”, putting 1,555 employees at risk.
Tag: News
CFOs concerned about growth in 2015
CFOs see a growing divide between good UK fundamentals on the one hand and concerns about UK politics and external macro risks on the other. This was the message passed down in Deloitte’s fourth quarter survey of UK CFOs.
£6.8bn worth of shopping centres bought by international investment
For the first time since 2008’s financial crisis, investment in shopping centres across the UK has soared.
After a volatile year, FTSE 100 shares tumble
The headlines say it all. “Blue-chip stocks are on course for their first losing year since the 2011 eurozone crisis.” This has confused experts, who had predicted a record-breaking year.
City Link collapses on Christmas Eve
On Christmas Eve, City Link went into administration, with private equity firm Better Capital founder John Moulton stating: “We chased every possible way to save this company.” And although he seems to regret the timing of the announcement, he explained that “trading while insolvent was a criminal offence”.
The value of independent brand valuations
By Jon Steward
What is brand value It is a simple question, yet one that will elicit an array of answers. The words are often referenced but they are infrequently explicitly defined or quantified. Both words are somewhat ambiguous and are likely to result in different interpretations between different stakeholders, be it management, consumers or shareholders.
Unilever purchases soap brands to get a better foothold in “priority market” Mexico
Unilever recently announced the purchase of two soap brands owned by rival Procter & Gamble (P&G). Brands Camay and Zest, as well as a Procter & Gamble soap manufacturing facility, are all part of the company’s plan to grow in Mexico, which has been deemed a “priority market”.
Faith in Father Christmas is good for business: UK toy exports surge by 25 per cent
Using an overweight bearded man with a penchant for red as a company figurehead has paid off – at least for British toy manufacturers, which have experienced an export spike of 25 per cent between October and December 2013.
Over half a million startups launched in 2014, with 45,000 in November alone
The surge in new business creation shows no signs of abating, with 2014 figures already surpassing those from the previous year.
Half of British businesses plan to employ more staff in 2015
Jobs will be created in all UK regions next year, as 50 per cent of UK firms plan to grow their workforce in 2015.