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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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VIDEO: ‘Suspended coffee’ helps those in need

Category : Business

Your daily visit to a coffee shop could also give you a chance to do a small good deed.

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Post Office staff set to strike

Category : Business, World News

Thousands of staff plan to walk out of some of the UK’s biggest post offices later in a dispute over shop closures, jobs and pay.

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Shop price inflation on the rise

Category : Business

Consumers under pressure as the cost of non-food goods increased for the first time in 15 months and shop prices rose at their fastest rate since December

Shop prices last month rose at their fastest pace since December as the cost of non-food goods increased for the first time in more than a year, new figures show.

Overall shop price inflation rose to 1.4% in March from 1.1% in February, according to the British Retail Consortium (BRC).

Food price inflation remained stubbornly high at 3.5% in March, piling more pressure on cash-strapped consumers, while prices of non-food goods started rising for the first time in 15 months.

Prices rose across health and beauty products, stationery and DIY and gardening goods and books, the BRC said.

It added that the rate of year-on-year price deflation in shoes, footwear and electrical goods slowed to 2.2% from 4.2% in February.

That meant overall non-food inflation stood at 0.2% in March, compared with 0.4% deflation in February.

Helen Dickinson, BRC director general, said the figures suggest “demand is strengthening and promotions are less widespread than last year”.

She said: “Total inflation is at its highest rate since December, again reflecting that many retailers went into the new year with less stock to clear so discounting is less extensive compared with 2012.”

Food prices continue to be driven by higher inflation in fruit, fish and meat, which is offsetting slower inflation for vegetables and dairy products.

But the BRC said the prolonged spell of cold and wet weather could lead to deeper discounting on spring lines emerging in figures for April.

Mike Watkins, head of retailer and business insight at Nielsen, said: “As discretionary spend for the next few months is expected to remain flat at best, what upward pressure there is on prices is not coming from the consumer at the moment.”

Coventry move staff out of Ricoh

Category : Business, World News

Coventry City move staff and club shop stock from the Ricoh Arena after a subsidiary is placed into administration.

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Post Office staff call Easter strike

Category : Business, World News

Staff at 373 Crown post offices will strike on Easter Saturday in a dispute over shop closures, jobs and levels of pay.

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Kipper Williams on Morrisons’ deal with Ocado

Category : Business

‘Customers will be able to shop using one of these newfangled portable telephones’

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Morrisons buys 49 stores from failed Blockbuster

Category : Business

Deal will give supermarket chain high-street sites to expand convenience business with hopes of creating 1,000 jobs

Supermarket Morrisons has bought 49 stores from failed DVD and games rental chain Blockbuster as it steps up plans to expand its convenience business.

The deal will not prevent any of the job cuts already announced by Blockbuster administrators Deloitte, but Morrisons said it hopes to create around 1,000 jobs as it reopens the shops as convenience stores.

The UK’s fourth-biggest grocer also announced the rebranding of its M Local convenience business to Morrisons M

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VIDEO: Church becomes home to new store

Category : Business, World News

A village shop that is run from the aisles of a working church has opened in Berkshire.

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Post-Repair Inspection Reveals Unsafe Repairs by Insurance Company’s "Preferred" Shop

Category : Stocks

BALTIMORE, MD–(Marketwire – Feb 16, 2013) – A post-repair inspection, performed by Mark’s Body Shop in Baltimore, Maryland, revealed that the insurance company’s “preferred” shop had used substandard parts throughout the repair. After only a month, rust was developing, indicating that corrosion protection had not been used. In repairs to the airbag, unibody, and bumper, the shop had failed to follow the manufacturer’s strict guidelines for a proper repair.

Excerpt from: Post-Repair Inspection Reveals Unsafe Repairs by Insurance Company’s "Preferred" Shop

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Free shop ‘could boost economy’

Category : Business, World News

A “free shop” which gives goods away for nothing could potentially help boost the local economy, a psychologist claims.

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