Posted on
April 07, 2011
BBC’s Watchdog programme has alleged that Tesco and Asda are conning customers in their price war activities. After issuing an investigation, the show claims that many of Asda’s ‘rollback’ items are actually more expensive than usual, while Tesco’s value bulk packs are sometimes pricier than buying single items.
The news comes ...
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Tags: AsdaBBCTescoWatchdog
Category
business
Posted on
February 25, 2011
Scottish Power experienced a 7% drop in earnings in 2010, as it faced squeezes between declining demands for energy and constantly rising wholesale costs.
The Iberdrola-owned company made 1.35bn euros in earnings before it took into account costs of tax, interest, and depreciation. Iberdrola is the biggest Spain's biggest utility company, ...
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Tags: IberdrolaScottish Power
Category
business
Posted on
February 24, 2011
Asda’s chief executive believes that consumer confidence in the UK has shown no signs of improvement and might get worse.
Andy Clarke said today that there isn’t any evidence to suggest that upturns in consumer confidence are on their way. Independent figures released this week on the behalf of the Wal-Mart ...
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Tags: Andy ClarkeAsda
Category
business
Posted on
February 23, 2011
WHSmith has refused to join a campaign to put 'lads' mags' out of the immediate eyesight of children.
Retail giants such as Tesco, Asda, Sainsbury's, and Morrisons have agreed to put these types of magazines on their top shelves after immense pressure from parents. However, WHSmith has said that the measures ...
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Tags: WH Smith
Category
business
Posted on
February 22, 2011
Brits underestimate costs of milestone life events like going to university, having a child, and tying the knot, according to a recent study.
Research conducted by HSBC highlighted that life's big events can cost anything up to £314,000. Instead of being fully prepared however, Britons expect to shell out just £190,000.
According ...
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Tags: HSBC
Category
business
Posted on
February 18, 2011
A Romanian man today pleaded guilty to taking part in a well-organised scam that relieved users of eBay, and similar sites, of around US$2.7 million.
Mr Adrian Ghighina, aged 33 and of Bucharest, pleaded guilty to charges for conspiracy, bank fraud and also money laundering, in a U.S. District Court in ...
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Tags: craiglisteBay
Category
business
Posted on
February 17, 2011
Supergran Ann Timson, who clobbered robbers as they attempted a break-in at a jewellery store, is now an international star.
The brave 71-year-old was exclusively flown out to Manhattan, New York City so that she could appear on NBC. During her interview, she announced that she will auction the handbag used ...
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Tags: Ann TimsonNBC
Category
business
Posted on
February 15, 2011
At least two thirds of UK drivers have admitted record fuel prices, as well as the rising costs of car insurance, have indefinitely taken a toll on their attitudes towards motoring.
A comparison site, moneysupermarket.com, asked site users if rising insurance and also fuel costs would have an affect on the ...
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Tags: moneysupermarket.com
Category
business
Posted on
February 14, 2011
A woman is set to go on trial for theft after helping herself to food that was thrown away by Tesco, just after a power cut.
Dozens of people couldn’t believe their luck when the supermarket giant bagged up food worth thousands of pounds, regarded as spoiled stock, then left it ...
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Tags: EssexTesco
Category
business
Posted on
February 11, 2011
EBay thrust its partner PayPal into the limelight yesterday, saying that the online payments unit will surpass its main marketplace division in the next three to five years while executives push the Web company to become a leading innovator.
Total shares of eBay, which has desperately been trying to shed its ...
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Tags: eBayPayPal
Category
business