Business

New online rail ticket booking platform launched

New online rail ticket booking platform launched The Seatfrog App’s flexible ticket service is currently available on London and North Eastern Railway. It allows travellers to switch their inflexible tickets on to another train at another time for a minimal fee.  Over 1.2billion inflexible train tickets are sold each year. Griffin said people were returning to train travel but one ...

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Asda joins retail giants in rejecting online sales tax

Asda joins retail giants in rejecting online sales tax The supermarket giant was one of a number of retail groups to meet with Lucy Frazer, the Financial Secretary to the Treasury and the minister responsible for tax policy. The Government is evaluating responses to its consultation on the introduction of an OST, which it closed in May.  John Lewis reiterated ...

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Online sales tax will crush small business, claim giants

Online sales tax will crush small business, claim giants They issued the warning at a meeting on Wednesday between business leaders and Lucy Frazer, the Financial Secretary to the Treasury and minister responsible for tax policy. The Government closed its consultation on the introduction of an OST earlier this year. It is evaluating responses. Both Amazon, founded by Jeff Bezos, ...

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Storage tech developer Lovespace seeks to collaborate with more innovative partners

Storage tech developer Lovespace seeks to collaborate with more innovative partners Launching as an online platform in 2014, its aim was to shake up a traditional sector and meet mobile lifestyle needs with storage on a per item basis, a more convenient and affordable alternative. Over the past two years the business, which also offers boxes, has diversified with units ...

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Ocado’s £578M fund raise may not be enough to save the business

Ocado’s £578M fund raise may not be enough to save the business The online supermarket and retail technology group is building centres in countries including the US, Canada, France and Spain. It says it is on the path to building a business with profits of £750million plus. However, Clive Black, head of research at Shore Capital, cast doubt on Ocado’s ...

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Aldi and Lidl boost sales as shoppers feel the pinch

Aldi and Lidl boost sales as shoppers feel the pinch Kantar revealed that Lidl’s sales rose 9.5 percent over the 12 weeks to June 12 to £2.1billion, compared to the same period last year. Since April its market share has soared by 0.3 points to 6.9 percent. Rival Aldi’s sales were up 7.9 percent to £2.7billion in the 12 weeks ...

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Primark finally goes online in click-and-collect trial

Primark finally goes online in click-and-collect trial The high street heavyweight had refused to join rivals in offering sales on the web, arguing that its low prices made the idea uneconomical – but the retailer paid the price in the pandemic. The new venture will be restricted to a click-and-collect operation, with customer orders being picked up from its shops. ...

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Watchdog fears global rationing of power usage this winter!

Watchdog fears global rationing of power usage this winter! Chief executive Jonathan Brearley insisted measures were in place to cope but admitted he could not guarantee against supplies taking a hit. He said: “Ofgem, with the industry, will do everything we can to protect customers.” “That means putting strict rules in place around how customers are treated, making sure the ...

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Eighty percent of small businesses are facing ‘cost-of-working’ crisis

Eighty percent of small businesses are facing ‘cost-of-working’ crisis And it revealed that companies in the energy, telecoms, and water sectors were found to be more likely to let down their small business customers. The survey said two-thirds of small and medium-sized enterprises (SMEs) work with suppliers who cite the pandemic as causing poor service, despite it being six months ...

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