Tag: snow
Morrisons reports rise in Christmas sales
Wm Morrison Supermarkets has today reported a rise in Christmas and New Year sales, despite the bad weather which gripped most of the country during December. The grocer, which is Britain’s fourth largest, said like-for-like sales grew 1% in the six-week period over Christmas and New Year compared with the same period a year ago. [...]
BAA boss forgoes bonus over travel chaos
Heathrow airport’s boss, Colin Matthews, has announced he will forgo his 2010 bonus after saying he was “responsible” for the recent crisis at the snow-hit airport. Mr Matthews said: “We’ve had a crisis here. I am responsible and I have decided not to take my bonus.” However, BAA would not disclose what Mr Matthews’ six-figure [...]
Bad weather could hurt UK economy
Economists have today warned that the big freeze could hit the UK economy, impacting negatively on growth. In particular, retailers have been badly affected this weekend by a lack of shoppers, who opted to stay home due to the snow and ice. This weekend should have been the busiest of the year for retailers but [...]
Bonus meeting delayed by bad weather
A meeting between Business Secretary Vince Cable, Chancellor George Osborne and the bosses of the UK’s top five banks has been delayed after Mr Osborne is stranded in the US due to bad weather. The meeting, scheduled for this afternoon to discuss the controversial issue of bonuses, had to be cancelled due to transport problems. [...]
Report reveals impact cold weather had on SMEs
A study by Lloyds TSB Commercial has revealed the impact the big freeze had on the UK’s small and medium-sized companies (SMEs) earlier this year. According to the research, the coldest winter in decades cost SMEs more than £7 billion. Seven out of ten small firms were severely affected with snow and ice hitting deliveries [...]
John Lewis recovers but Waitrose surges due to panic buying
The John Lewis Partnership, which is seen as a barometer of British retailing, today announced that takings recovered slightly in the week to 16 January compared with the previous week when heavy snowfall affected much of the country. In the week to 16 January, sales were up 11.1% on the same period a year ago. [...]
John Lewis takings down due to January freeze
The John Lewis Partnership, which is seen as a barometer of British retailing, today announced that takings dived by almost 30% in the week to 9 January compared with the same week a year ago as a result of the severe weather that has hit the UK. The results have revealed the impact that the [...]
UK February retail sales hit by snowfall
Figures released today by the British Retail Consortium (BRC) showed a fall in retail sales for the month of February, as the heavy snowfalls throughout the company kept shoppers away. According to the BRC, the value of like-for-like retail sales fell 1.8% in February, compared with February 2008. This follows the shock 1.1% rise reported [...]
Home insurance vital in extreme weather
February has already seen the most severe snow storms in 18 years as well as over 100 flood warnings – highlighting the importance of adequate property insurance. “Recent events highlight how important it is to have the right level of cover in place to protect both your home and your belongings,” said Emma Baunach, manager [...]
