News Tag: online
February 11, 2010
Research by the British Property Federation Retail Summit has revealed that the some British towns are turning into ghost towns as shoppers continue to avoid the High Street, in favour of online shopping.
A recent study by the Centre for Retail Research (CRR) and shopping comparison website Kelkoo, found that UK shoppers spent more online than anywhere else ...
Number of vacant High Street stores continue to rise
by Kay Murchie
February 1, 2010
The Centre for Retail Research (CRR), in a study commissioned by shopping comparison website Kelkoo, found that UK shoppers spent more online than anywhere else in Europe in 2009.
The research showed that UK consumers spent £38 billion online last year (the equivalent of €1,240 (£1,070) per shopper) and accounted for almost a third of all European sales.
Poland was ...
Shoppers shun the High Street for the internet
by Kay Murchie
January 27, 2010
Two thirds of investors don't bother seeking financial advice before making an investment, according to a new study.
In a poll by the Fair Investment Company (FIC), 64% of respondents said they would not seek advice before making a decision about where to invest their money.
Just 34% said they would get advice before making an investment.
George Ladds, FIC's head of investment and ...
Savvy investors snub financial advisers
by David Masters
January 19, 2010
Card-payment processing company, E-Clear, has been placed into administration.
The company was responsible for online ticket sales at Scottish airline Flyglobespan, which collapsed in December.
PricewaterhouseCoopers (PwC), which was appointed administrator for Flyglobespan, had been investigating E-Clear to establish why the company held back £35 million owed to Globespan Group, which operated Flyglobespan.
E-Clear was also understood to have processed Allbury Travel Group’s credit card ...
E-clear placed into administration
by Kay Murchie
October 21, 2009
According to the IMRG Capgemini e-Retail Sales Index, online spending growth slowed to a record low in September as heavy discounting on the High Street dragged consumers away from their computers.
Furthermore, above average temperatures during the month, as well as the threat of postal strikes have all contributed to the slower growth.
With a national postal strike scheduled for this week, ...
e-retailers hit by High Street discounting
by Kay Murchie
October 20, 2009
German mail-order company Quelle is to close down after more than 80 years of trading with the loss of 7,000 jobs.
The company spent years revolutionising the country's retail landscape but has failed to spot customers' move to online shopping and has subsequently collapsed after attempts to sell the firm failed.
According to services union, Verdi, all workers at ...
82-year-old Quelle goes bust with loss of 7,000 jobs
by Kay Murchie
October 14, 2009
Marks and Spencer (M&S) has revealed it is considering establishing an online food shopping service.
The retailing giant has been toying with the idea for some time but opted out due to the costs associated with setting up the service.
However, Steve Rowe, the company's director of retail, told City analysts in London yesterday: “Food online is something our customers clearly ...
Marks and Spencer considers online grocery shopping
by Kay Murchie
September 26, 2009
Over one million pension savers can track the performance of their pension fund and plan for retirement using a new online tool.
The Aviva Pension Tracker, available to Aviva's pensions customers, was launched this week.
The secure website features Lisa, a virtual online guide who shows users around the site and explains the importance of pensions planning.
Customers can use the site to check the ...
Aviva launches online Pensions Tracker
by David Masters
September 1, 2009
Barclaycard has updated its online account management service.
The website has been redesigned to give customers more control over their Barclaycard accounts.
Updates include giving customers the choice as to how they view their account information and spending, and simplified log-in, balance transfers and transaction disputes.
Customers can choose to view their spending in categories, such as Leisure, Health, Entertainment and Groceries.
Pie charts and bar graphs ...
Barclaycard overhauls online service
by David Masters
August 20, 2009
Consumer advice magazine Which? has warned Brits planning a holiday overseas to watch out for hidden charges on online currency exchange services.
Competitive exchange rates offered by online providers may be tempting, Which? said, but additional charges such as credit card transaction fees and delivery fees can make online currency services more expensive than the high street.
Dan Moore, senior researcher at Which?, ...
Which? issues online currency exchange warning
by David Masters
July 27, 2009
Barclays has redesigned its online banking services to make them more customer friendly.
The navigation menu has been made easier to use, and new features have been added.
Customers can now use the Barclays e-banking website to notify the bank when they want to use their debit card overseas, to rename their accounts, and to view information on new products.
"With more people using online banking every ...
Barclays revamps e-banking
by David Masters
June 26, 2009
A new online easy access savings account launched this week by Leeds Building Society pays interest at 3.05%.
For a minimum investment of £100, savers are offered unlimited penalty-free access to their cash, with no advance notice required.
Kim Rebecchi, Leeds' director of sales and marketing, said: "A return of 3.05%, combined with the flexibility of online functionality and penalty free access, ...
Leeds pays 3.05% on easy access account
by David Masters
June 25, 2009
Online shopping could give the UK's economy the boost it needs to climb out of recession, according to a new report.
PayPal UK's Online Retail Report estimates that the amount Brits spend online is set to double by the end of 2011, from £8.9 billion per year to £21.3 billion.
During 2011, consumers will spend an average of £430 each buying goods ...
Online retail to offset high street woes
by David Masters
June 23, 2009
The Office of Fair Trading (OFT) has launched an online version of its register of dodgy estate agents.
Firm's listed have been given warnings or been banned from estate agency work and the list can be viewed at www.oft.gov.uk/estateagentregister
The register can be browsed alphabetically or by date and also provides information on how to report suspected breaches by a firm ...
OFT launches online register of dodgy estate agents
by Gill Montia
June 1, 2009
A short-list of the financial providers that offer the best customer service was unveiled this week by Moneywise.
Moneywise revealed the firms that have been nominated for its Customer Service Awards 2009 in the categories of online current accounts, in-branch current accounts, mortgages, home insurance, and credit cards.
Halifax, First Direct, and Lloyds TSB are nominated for the best online current ...
Moneywise short-lists best providers for customer service
by David Masters
May 8, 2009
Tesco Home Insurance is offering a 45% discount for new customers who purchase a policy online.
The supermarket financial provider said the online discount is available on its Value, Standard, and Finest cover.
Value cover is Tesco's 'no frills' policy, offering protection for major events such as fire, storms, theft, and floods.
Standard cover adds a higher cover limit, and provides cover for ...
Tesco offers 45% discount on home insurance
by David Masters
April 28, 2009
The online fashion retailer Asos has posted its results this week with growth slowing to 80 percent in the first four weeks of the retailer’s financial year, but this still remains the best performing retailer as April’s growth was only slightly weaker than that seen in 2008.
Asos has shown relentless growth within troubled economic times as full year sales to the ...
Asos growth slows to 80 percent
by Peter Charalambous
March 8, 2009
The Carbon Trust has launched a new online tool that can help homeowners work out how much power they can generate by installing a small-scale wind turbine.
Not all domestic wind turbine installations are successful and the facility helps to identify locations where the maximum can be achieved in carbon and cost savings.
Recent research shows that in some rural locations the turbines ...
New online tool for greener households
by Gill Montia
January 8, 2009
With the average British household debt rising by £6.30 every day, Fairinvestment.co.uk is urging people to make sorting out their finances a priority.
The price comparison website offers a free debt management service, which it claims could help people who have made a New Year's resolution to get out of debt.
According to the site, the debt management service involves filling in 'one simple ...
Free online debt management advice
by David Masters
August 5, 2008
The credit crunch has meant that mortgages, credit cards and loans are becoming harder to obtain and consumers‘ finances are being stretched to their limit.
As a result, Payday Power has launched an instant cash advance service that is easy to use and has been designed so people can receive cash to keep them going until ...
Payday Power offer new loan to tide you over until pay day
by Kay Murchie
