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Sir Philip Green mulls BHS sale

It has been reported that after “several approaches” Sir Philip Green is considering selling department store chain BHS. The reports follow the news from Companies House that in 2013 BHS lost £69.6 million on sales, down 3.5% from the year before. BHS was founded in 1928 in Brixton and is part...

About 10 years ago

Apple CEO’s salary rises 40%

The chief executive of Apple, Tim Cook, saw his salary rise almost 43% in February last year to $2 million according to the company.The increase is the first since November 2011.The salaries for other executives at the company increased by over 14% and the bonuses for the executive team rose...

About 10 years ago

EBay set to axe 2,400 jobs

It has been reported that online giant eBay is to axe 2,400 jobs in the first quarter, which equates to 7% of its workforce. These cuts will be across eBay Marketplaces, PayPal and eBay Enterprise units.In a statement eBay said it wanted to refocus the businesses and ensure it was...

About 10 years ago

Christmas deliveries rise by 4%

Royal Mail has announced that its Christmas parcel deliveries saw a rise of 4% as it delivered 120 million parcels.In a statement Royal Mail has said that parcel deliveries rose by 3% over the last nine months, however letter deliveries fell by 3%.The company has said that it expects to...

About 10 years ago

Halfords boss poached by Tesco

Halfords’ chief executive, Matt Davies has been poached by Dave Lewis, to run Tesco’s UK and Ireland operations.The boss of Halfords has said he is “genuinely gutted” to be leaving the car parts and bicycles retailer but the chance to join Tesco as the boss of its biggest division was...

About 10 years ago

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