John Lewis Partnership plc announces Unaudited results for 52 weeks to 25 January 2014. Financial Highlights -Gross sales exceed £10bn for the Partnership, £6bn for Waitrose and £4bn for John Lewis -Revenue ...
Tags: John Lewis, Apparel
Unilever reported that its 2013 turnover was down 3% to €49.8 billion with foreign exchange 5.9% and net acquisitions and disposal 1.1% Finance costs and tax The cost of financing net borrowings in 2013 was €397 million versus ...
Tags: Unilever, foreign exchange
The $1 trillion spending bill that lawmakers introduced Monday cuts $1 billion from the health law's Prevention and Public Health Fund and holds down funding for other health law programs to 2013 levels, but leaves it otherwise untouched. ...
A lack of certainty in renewable energy policy and expertise of renewable energy projects are holding institutional investors back according to a new EY survey released today. Of the 75 North American and European major pension and ...
Tags: renewable, energy, policy, uncertainty, expertise, institutional, investor
One year after more than 60 died and 750 were sickened by fungal meningitis, the U.S. Senate passed a law to help ensure compound drug safety, officials say. The Drug Quality and Security Act reflects a bipartisan, bicameral effort to ...
MPs on the Public Accounts Committee (PAC) have slammed the Department for Work & Pensions (DWP) for "alarmingly weak management" and a "shocking absence of control" in its handling of the Universal Credit welfare programme. The project, ...
Tags: Service
British insurance and pensions company Legal & General Group (L&G) has tabled a bid to acquire Co-operative Group’s home insurance business. L&G has expressed interest to purchase Co-Operative's household book and not its motor ...
Tags: insurance, Home Insurance Business
Clariant announced the closing of the sale of its Textile Chemicals, Paper Specialties and Emulsions businesses to SK Capital. Starting October 1, 2013, the three former Clariant businesses are now operating under the name Archroma. After ...
Tags: Clariant, Paper Specialties
Dutch insurer Delta Lloyd Group has entered into an agreement to acquire Belgium-based insurer, ZA Verzekeringen, from Amodo Group, to boost its presence in the country by providing a comprehensive assortment of products. Delta Lloyd ...
Tags: Delta Lloyd, Za Verzekeringen
Preliminary testing of 'data matching' for electoral registration has demonstrated that it makes it simpler for individuals to register to vote, the Cabinet Office has said. Individual Electoral Registration (IER) is a new system which ...
Tags: Computer Products, software
The National Audit Office, the spending watchdog, has described the government's welfare reforms as "overambitious" and hindered by the "limited functionality" of IT systems. It follows Department for Work and Pensions announcing further ...
Tags: Computer Products, software
Health insurer Aetna has reported a net income of $536m, or $1.49 per share for the second quarter of 2013, with an increase of 17% and 13% compared to $457m, or $1.32 per share during the comparable period last fiscal. For the quarter ...
Tags: Health insurer, Aetna
The closure of Premier Foods' Barry mill in the Vale of Glamorgan – with the loss of 43 jobs last week – and plans to reorganise its milling business into two parts could herald its sale, according to City analyst Investec. ...
Tags: Milling Business, Agriculture, Food
O2 has outsourced four northern UK regions of its customer contact centres to Capita, in a deal worth £1.2bn. Included regions are Leeds, Glasgow, Preston Brook and Bury. Further reading Transport for London installs O2 and ...
Tags: Computer Products, software
UK-based mutual life and pensions company Royal London has announced that 95% of its members have approved the acquisition of Co-operative Insurance Society (CIS), the life insurance business of the Co-operative Banking Group. Members ...