DATABANK INSIDE the CITY SABAH MEDDINGS the WEEK in the MARKETS the ECONOMY Consumer Prices Index Current Rate Prev

10 The Sunday Times November 11, 2018 BUSINESS Andrew Lynch LETTERS “The fee reflects the cleaning out the Royal Mail Send your letters, including food sales at M&S and the big concessions will be made for Delia’s fingers burnt by online ads outplacement amount boardroom. Don’t count on it SIGNALS full name and address, supermarkets — self-service small businesses operating charged by a major company happening soon. AND NOISE . to: The Sunday Times, tills. These are hated by most retail-type operations, but no Delia Smith’s website has administration last month for executives at this level,” 1 London Bridge Street, shoppers. Prices are lower at such concessions would been left with a sour taste owing hundreds of says Royal Mail, defending London SE1 9GF. Or email Lidl and other discounters, appear to be available for after the collapse of Switch thousands of pounds to its the Spanish practice. BBC friends [email protected] but also you can be served at businesses occupying small Concepts, a digital ad agency clients. Delia, 77 — no You can find such advice Letters may be edited a checkout quickly and with a industrial workshop or that styled itself as a tiny stranger to a competitive for senior directors on offer reunited smile. The big supermarkets warehouse units. challenger to Google. game thanks to her joint for just £10,000 if you try. Eyebrows were raised Labour didn’t work in the have forgotten they need Trevalyn Estates owns, Delia Online, a hub for ownership of Norwich FC — Quite why the former recently when it emerged 1970s, and it won’t again customers. develops and manages a recipes and tips, was one of was one of three petitioners McKinsey partner Whalley that the BBC’s former Oliver Shah’s Agenda column Nick Shaw, via number of small industrial a number of publishers that who had been pursuing needs such rocket-fuelled economics editor, the pencil- last week backed up the thesundaytimes.co.uk estates located — in the main used Switch to source ads, Switch for repayment. A propulsion, heaven knows. thin Kamal Ahmed, was opinions of all the business — in north Wales, the which were displayed on the court hearing was scheduled Perhaps the accident- sitting on the interview panel people I know who are very Overseas Brits must have northwest, the northeast and publishers’ websites. Switch to hear their claims — but prone Orna Ni-Chionna, who for his old job while he concerned at the prospect of their say in a People’s Vote Scotland. Recently, we have then sent them the revenue, Switch pulled the plug and chairs the remuneration became editorial director. a Corbyn/McDonnell In your article “City grandees divided some large units into taking a cut for itself. called in administrators from committee — and, yes, a Those eyebrows are now government. demand People’s Vote on smaller ones; a 6,400 sq ft Note the past tense. Duff & Phelps first. McKinsey partner of a similar feared lost above the They would create chaos Brexit”, last week, you cite a unit into two 3,200 sq ft ones, Switch, latterly run by Ian These corporate types can vintage — knows the answer. snowline after Ahmed, 51 on What’s eating Elon Musk? with their insane spending spokesman for the for example. The reason is Stewart Reed and Mark often be sharper than any Half a dozen stable lads Thursday, tweeted his Twitter spats, dope smoking and regulation plans. The Department for Exiting the simple: the rateable value for Thompson, went into kitchen knife. would have their hands full delight that Faisal Islam was and Tesla woes . is the tech pound would devalue badly. European Union stating: the original unit is about jumping ship from Sky News visionary who inspired the Unemployment would rise as “The people of the United £19,000, while each smaller to fill Ahmed’s sharp suits. film portrayal of Iron Man in businesses struggled with the Kingdom have already had one will be £10,000. The JUST SAYING . The cheque’s FUNNY BUSINESS “A huge talent who I was free fall, asks Nick Rufford employment regulations they their say in one of the biggest business rates threshold in the post fortunate to work with at plan to introduce — not to democratic exercises this below which no rates are I do not believe The Observer many years MAGAZINE, PAGE 26-31 mention returning massive country has seen . .” payable is £12,000. The larger How quickly the seasons turn ago,” trilled Ahmed, whose powers to the unions and Poppycock! An estimated unit would be liable to rates, we should stop — and how regularly our memoir, The Life and Times sending the economy back to 5m overseas UK citizens were while the two smaller ones thoughts return to the of a Very British Man, has TWITTER POLL the disaster of the 1970s. excluded from the EU would be exempt. for one moment Royal Mail boardroom. just been published. Employers need flexibility referendum (Hansard). In the The rates payable on the encouraging and Last week saw the UK Stone the crows — surely Yes No as sometimes business slows event of a second vote, the larger unit would be about letters and parcels boss Sue the BBC doesn’t allow old or changes. New ideas need government should plan to 50p in the pound on the supporting Whalley take leave of the mates to interview each to be tried and do not always correct this and allow those rateable value, working out at starting and privatised mail service after other for jobs? 40% 60% succeed. If businesses cannot previously disenfranchised £9,500 a year or almost £1.50 12 years — and only four retain flexibility, the more UK citizens to vote. This per sq ft. Is it surprising we growing months after joining the rigid set of rules Labour would be consistent with have not let the larger unit in board. Whalley, 54, who hit What cobblers! desires will lead to a rise in countries such as France, six months, bearing in mind businesses the road immediately, will be unemployment. Enterprises Poland, South Africa and the that the asking rent was £3.75 paid until the spring. Shoe mender James Timpson will just not take the risk, as US, which give their citizens a square foot? Yet after the infamous won a rare standing ovation happens in France. abroad the right to vote in This system works against golden hellos and goodbyes from the Marketing Group of Name and address withheld their home country. any small business that Persimmon boss Jeff to bosses in the past months, Great Britain at Claridge’s Gary Parker, Wilmslow, wishes to expand — the jump Fairburn has been pushed it is curious that Royal Mail last week. He opened the talk Hated self-checkouts are Cheshire is too great. We have received out of the housebuilder The Duke of York defends feels obliged to hand her with the gambit: “We’ve eating into food sales three inquiries for the smaller after the row over his £75m working with Saudi £50,000 — a bit less than never had a marketing Your story last week (“M&S Small businesses need help units at an annual rent of bonus. Was he right to keep Arabia’s young people twice a postie’s average pay — department, so it’s a bit of board plotted to break up as much as small shops £4 per sq ft. most of the money? through his Pitch@Palace for “outplacement support”. surprise to be here.” business”) did not mention An initial examination of the David Birkett Evans, Trevalyn the real reason for falling October 29 budget suggests Estates, Wrexham DATABANK INSIDE THE CITY SABAH MEDDINGS THE WEEK IN THE MARKETS THE ECONOMY Consumer prices index current rate prev. month FTSE 100 FTSE 100 DOLLAR 2.4% 2.7% financial year due to rising Stapleton was right to shun USD > GBP Halfords costs and investment. that deal, they have raised 8,000 CPI including housing current rate prev. month The update sent shares concerns over a planned 7,750 $1.30 2.2% 2.4% down 2.3%, despite a 2.5% move away from camping W 0.00 Retail prices index current rate prev. month folds its increase in like-for-like sales. equipment. The strategy 12-month high: $1.44 7,500 low: $1.27 Halfords also warned that carries the risk that Halfords 3.3% 3.5% EURO tents to hit profits would not grow until will become overly tilted 7,105.34 7,250 Average weekly earnings on prev. month on last year 2021 because of investment. It towards autumn and winter. 11.22 H:7,903.5 EUR > GBP plans to plough up to £60m a The average customer 0.16% L:6,851.6 7,000 £523 U0.6% U3.0% Unemployment current rate prev. month the road year into stores, garages and visits Halfords less than twice 6,750 €1.14 digital platforms. a year. Cutting spring and FTSE 250 U 0.01 2017 2018 12-month high: €1.16 1.36m 4.0% 4.0% The temperature is likely to This is all part of the “back summer ranges could make low: €1.10 be balmy this week — it could to basics” approach of new the trips even more Source: Thomson Reuters Manufacturing output on the year on last month YEN reach 16C in some places on boss Graham Stapleton, who infrequent, according to RISERS FALLERS YEN > USD U0.6% U0.2% Thursday. While the wants to focus on motoring broker Stifel.

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