Black Friday is on and bargain hunting shoppers may spend an estimated £2 billion trying to beat expected new year price rises. And according to the online retailing association IMRG, well over half the spend will be done online. So it might seem surprising to find that two old pre-internet age stores are being revived on the High Street. Safeway and Austin Reed are both staging a comeback, so Matt Cox has been hearing from Mintel’s Retail Analyst, Richard Perks, about the return of these old names.
Leading Chinese online travel agent Ctrip has agreed to acquire the price comparison site Skyscanner for approximately £1.4 billion. Under the terms of the agreement, Skyscanner’s current management team will continue to manage its operations independently as part of the Ctrip group. Our correspondent in Scotland, Maurice Smith, has been looking into the deal.
Official figures from the British Bankers' Association (BBA) show that consumer credit expanded last month at the fastest pace in nearly ten years. Mortgage approvals meanwhile hit a five-month high. Alastair Douglas is the Chief of TotallyMoney.com, the price comparison site focusing on credit cards, loans and mortgages. Alastair has been digesting these latest borrowing trends and he joined Share Radio to delve into the findings.
When it first crossed the Atlantic, Black Friday was a one day affair when we sat back in amusement watching punch-ups over cheap TVs. Now, hundreds of household name retailers are already dangling Black Friday carrots in front of our noses. Last year, amazon.co.uk sold more than 7.4 million items on the day at a rate of 86 items per second and are expecting to beat that this year. Fergal Gara is a Director of Amazon UK, and he joined Share Radio Breakfast to discuss the event.
The Institute for Fiscal Studies (IFS) on Thursday finished their annual analysis of the Autumn Statement, spending all night closely scouring the facts and figures to find out what the Chancellor is really saying. To get a grasp of the ins and outs of how the IFS saw the Autumn Statement, Matt Cox went along to the event to investigate.
Andy Scott, Economist at HiFX, joined the programme to share his view on the Autumn Statement. We started by asking a comment on Hammond's pledge that Britain will have to borrow £122 billion more over the next five years than it planned before June's Brexit vote.
Chris Justham, Relationship Manager for Seven Investment Management, joined Share Radio to discuss the City of London's reaction to the Autumn Statement. We started by asking him about Hammond's growth predictions being cut as a result of the Brexit vote.
In his Autumn Statement, Chancellor Philip Hammond has revealed a plan to unlock a billion pounds worth of new finance to help firms grow and resist overseas takeovers because of the weak pound. Share Radio's Matt Cox heard from tech consultant Chris Green to find out more.
Swiss watch exports plunged 16% in October, the biggest monthly drop in seven years. The Federation of the Swiss Watch Industry said demand weakened in nearly every major market for timepieces, such as Rolex and Omega. So is it a race against time for the Swiss watchmaking industry, or will it manage to beat the clock? Matt Cox spoke with Rob Corder, Editor of WatchPro, a Market Intelligence publication for the British Watch Industry.
The software industry contributes £125 billion to the UK economy, according to a report from The Software Alliance. The organisation says the software industry alone supports nearly 2.6 million jobs, and invests around £1.7 billion into research and development. But will the UK software industry have the same clout in post-Brexit Britain? Matt Cox has been speaking to Thomas Boué, Director General of Policy at The Software Alliance.