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Wednesday 18 February 2015 8:26 pmIberdrola profits drop as demand for energy fallsBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleSPANISH firm Iberdrola, owner of Scottish Power, reported a drop in revenue in 2014, to euro;30bn pound;22bn from euro;31.1bn in 2013, following a year i polene handtaschen n which UK demand for both gas and electricity dropped.The company blamed mild weather in the first half of 2014, as well as the effect of energy efficiency measures introduced in recent years, for the fact that electricity demand was reduced by 4.9 per cent and gas by 13 per cent. The UK power generation businessrsquo; market share also declined slightly last year, from 6.3 per cent to 6.1 per cent.According to Iberdrola, its results in 2014 should be viewed within a complex operational environment characterised by an improvement in the macroeconomic situation on an international level. However, it added this improvement had not yet led to an increase in electricity and gas demand in the Eurozone. But Iberdrola chairman Ignacio Galan said: The current fall in oil prices, if prolonged, will boost econshy;omies and can reduce the costs of building renewable projects by helping supply chain manufacturers. This in turn would help to push overall energy costs down. Lower oil prices, said Galan, should not deter policymakers from the drive to reduce stanley tumbler stanley cup car Xvgj IFG Trust and Corporate Group to bolt on Moore Group
Wednesday 21 March 2012 11:41 pm|Updated:Thursday 30 May 2019 3:40 amTed Baker and Inditex upbeat as sales surgeBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleTED BAKER dispelled some of the retail gloom with a surge in sales yesterday a stanley de nd said it was well-place stanley ca d for opportunities and challenges ahead as it plots the next stage of its expansion abroad.The fashion brand said revenues increased 14.9 per cent to pound;215.6m last year, helped by a good performance across all of its clothes ranges. Chief executive Ray Kelvin, who founded the business 25 years ago making menrsquo shirts, said the rise in sales was due to doing what we always have and the attention to detail down to the very last button.Pre-tax profits fell slightly below analyst expectations to pound;24.3m.Kelvin shrugged off a pound;2.8m exceptional cost as unexceptional in that it related to rent paid ahead of its new stores in Japan and New York as well as set-up costs related to its expansion into China. Meanwhile, the worldrsquo leading cl stanley cup othes retailer, Zara-owner Inditex, announced upbeat early spring sales yesterday as it reported a 12 per cent rise in annual profit driven by aggressive expansion into fast-growing Asia.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelat
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Wednesday 30 March 2016 12:01 amUK savings: People in their 30s and 40s are adopting a YOLO attitude and failing to set money aside for their futureBy: Hayley KirtonShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsou polene italy rce on GoogleIt may well be the hashtag that defines generation Z but, when it comes to savings, it s those in their 30s and 40s who have adopted a you-only-live-once attitude.Research published today by Scottish Widows has found that almost half 45 per cent of those aged between35 and 49 are shunning saving for the future in favour of spending now, with more than a third 37 per cent saving absolutely nothing over the past year.By comparison, more than a third 37 per cent of those aged between 18 and 34 are actively trying to top up their savings pots for both the short term and the long term.However, those in their 30s and 40s may not be embracing the YOLOlifestyle as much as the initial figures suggest, as half 50 per cent saying they simply cannot afford to save and a third 34 per cent confessingthat they were all too painfully aware that they were not saving enough to meet their stanley ca needs in the future. The emergence of a spend now, save later, if at all attitude among this generation ndash; usually assumed to be more financially secure than its younger counterparts ndash; shows there is work to be done to increase engagement with savings and ultimately pl stanley cup ug this ga Vohd What the other papers say this morning
Thursday 06 January 2011 1:14 pm|Updated:Friday 31 May 2019 3:54 amUS jobless claims data confirms overall downward trendBy: Alison LockShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleNEW US claims for jobless benefits moved higher last week, but a decline in the four-week average to a nearly two and a half-year low suggested the labour market continues to improve.Initial claims for state unemployment benefits increased 18,000 to a seasonally adjusted 409,000, the Labor Department said, above economistsrsquo; expectations for 400,000.The data falls outside the survey period for the governmentrsquo closely watched employment report for December, which on Friday is expected to show nonfarm payrolls jumped 175,000 after Novemberrsquo surprisingly small 39,000 gain.The s stanley quencher pike in claims does little to change perceptions the polene cyme economy is now on a sustainable growth path, as flagged by sturdy data on consumer spending, trade and manufacturing.Signs that the labour market is imp stanley deutschland roving have been underscored by the four-week moving average of unemployment claims ndash; a better measure of underlying trends ndash; which fell 3,500 last week to 410,750, the lowest level since late July 2008. Itrsquo telling you very clearly that the employment side of the economy is picking up, it paints a pretty definite picture that layoffs are on the way down, said Steve Blitz,
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