Tesco

'Millions' spent on last-minute Christmas

December 25, 2009 - 11:19am | News | Other themes
'Millions' spent on last-minute Christmas

Shoppers will have spent £951,000 per minute on Christmas Eve on last-minute shopping, research suggests.
Sainsbury's Credit Cards say 19% of the nation's adults intended to do some of their seasonal shopping on Thursday, spending about £1.37bn.
More than 13m people were expected to do Christmas Eve shopping, spending the equivalent of £57m an hour.
Financial data firm Experian said consumers were making the most of this year's final few shopping days.


0 points

Tesco expansion overseas increased sales in Q3

December 8, 2009 - 1:47pm | News | Other themes
Tesco expansion overseas increased sales in Q3

Tesco PLC's expansion into the U.S. and Asia markets as well as its nascent banking services helped boost the U.K.-based supermarket giant's third-quarter sales amid lingering recessionary conditions in some of its markets.


-2 points

Branson plans launch Virgin Internet bank

May 18, 2009 - 4:38pm | Banks and internet banks | News
Branson plans launch Virgin Internet bank

As Observer newspaper reports, Virgin Money is planning to launch a UK Internet bank in a bid to take advantage of public anger at traditional high street outfits. Richard Branson's empire is going to apply to the Financial Services Authority for a banking licence owing to which taking deposits and offer mortgages will be allowed.


0 points
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