Monthly Archives: October 2012



Mulberry Shares Plummet

Posted on 26 October, 2012 by Kirsten Kennedy under Business News

Britain’s consumers remain cautious about spending thanks to the instability of the country’s economy, making luxury goods something to be saved for special occasions for the majority of shoppers. Since the start of the recession, items such as expensive... Read More

Gillian Clarke Pens Ode to John Lewis

Posted on by Neil Bird under Business News

Gillian Clarke, the National Poet of Wales, has honoured John Lewis with a new poem to mark the third anniversary of its Cardiff branch. Clarke’s tribute is now on display in the department store’s window and she hopes the idea might be extended to other... Read More

Dubai Commercial Real Estate Transactions Rise

Posted on 25 October, 2012 by Jodee Redmond under Worldwide Property News

The Dubai Land Department has released a statement indicating the total value of property transactions in the first nine months of the year has reached a very impressive Dh83 billion. A total of 20,925 sales were completed during the period, and 5,042... Read More

More than Thirty Chain Stores Closing Daily in the UK

Posted on by Kirsten Kennedy under Business News

The double dip recession has taken its toll on all sectors of industry in the UK. However, while there are signs of recovery, especially in the automotive industry, it appears that the retail sector is by no means out of the woods... Read More

Successful Firms Bailing Out Smaller Businesses as Banks Curb Lending

Posted on by Kirsten Kennedy under Economy

Since the start of the financial crisis in late 2008, banks have become increasingly wary of lending to small businesses, fearing that they would never see a return on their loan and thus plunge the economy into further dire straits. However, while this may... Read More

Shopping Events Target Students

Posted on by Neil Bird under Business News

Everyone is aware of the difficulties facing retailers in the current economic climate. Equally there has been a great deal of speculation surrounding the impact of the rise in tuition fees. However, one company is targeting students with a series of... Read More

Electrical Chain Comet is Put Back on the Market

Posted on 24 October, 2012 by Kirsten Kennedy under Business News

Electrical goods retailers have had a fairly tough time during the double dip recession. As well as a dip in consumer interest driven by the need of many households to cut back on luxuries such as new computers and televisions, strong competition from online... Read More

Two in Five Business Owners Plan Never to Retire

Posted on by Kirsten Kennedy under Business News

Many of us spend our working lives frantically funneling part of our monthly wage into a workplace or private pension, meaning that while we may be out of pocket now, at least we will have enough money behind us for support when the age of retirement... Read More

DFS Releases Annual Trading Report

Posted on by Kirsten Kennedy under Business News

This year has been tough for many in the UK. Both consumers and retailers have been hit by rising costs of commodities such as gas and electricity, along with a fluctuating rate of inflation and pay freezes lowering the average household’s disposable... Read More

Canadian Commercial Market to Stay Strong into 2013

Posted on by Jodee Redmond under Worldwide Property News

Canada's real estate industry is in good health, according to figures released by BMO Economics. Interest rates are expected to remain low over the medium term, which will make the prospect of purchasing income-producing properties very appealing to... Read More