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Web issues hit M&S clothing sales

Tuesday 08 July 2014

Marks & Spencer boss Marc Bolland blamed website teething problems today as the chain's homeware and clothing division registered its 12th quarter in a row of declining sales.The general merchandise arm posted a 1.5% fall in like-for-like sales for the 13 weeks to June 28 - ...

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Jersey airport agrees short-term fuel deal

Monday 07 July 2014

A new aviation fuel supplier is to provide a short-term service at Jersey Airport, while contract negotiations are resolved with the current supplier, Rubis. ATF Overseas Holdings Limited is working with ASIG, a BBA Aviation company, which is a major independent provider of aviation support services.ATF will supply aviation fuel to airlines and private aircraft using Jersey Airport, starting on the...

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RBC appoints new Wealth Management head

Monday 07 July 2014

RBC has announced the appointment of Ann Marie Vibert as Head of Private Client Wealth Management, Offshore.Based in Jersey, Ms Vibert will be accountable for ensuring the continuing success of the Private Cl...

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MPs condemn 'dysfunctional' market

Monday 07 July 2014

Motor insurance is a "highly dysfunctional market" in which firms' pursuit of profit has led to higher prices for consumers, a report by MPs has said. In some cases, business practices have not been in the consumer interest and have "inadvertently encouraged criminal activity", the report from the House of Commons Transport Committee said.There was no clearer example of this than "insurance firms' willingness to pay compensation for...

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La Senza goes into administration

Friday 04 July 2014

More than 750 retail jobs are at risk after the UK stores of lingerie chain La Senza went into administration for the second time in just over two years.A corporate rescue team from PwC said it will listen to offers for the 55-store chain, which was res...

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Osborne's regret over economy boost

Friday 04 July 2014

Chancellor George Osborne has said he wishes he had done more to help Britain's economy when the coalition first came to power, during a question and answer session with children. Mr Osborne told the panel of youngsters, who interviewed him for Sky News, he regretted that his attempts to reform the economy had not gone far enough.Asked about his greatest regret since coming to office in 2010, he said: "When you get into off...

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