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About Northerner

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  1. But .. UK unemployment rate falls to seven-year low of 5.4%14 October 2015 The UK unemployment rate fell to a seven-year low of 5.4% in the three months to August, figures have shown. It was the lowest jobless rate since the second quarter of 2008, the Office for National Statistics said. The number of people out of work was 1.77 million between June and August, down 79,000 from the previous quarter. The number in work rose by 140,000, bringing the employment rate to 73.6% - the highest rate since records began in 1971. Some 22.77 million people were working full-time in the three months to August, up 291,000 compared with the same period last year.
  2. Backlash: Superstore Asda has today confirmed it will step back from this year’s Black Friday sales - in a bid to invest £26 million more into sustained deals across the festive period. According to customer feedback, the high-pressured one-day extravaganza leads to 'fatigue' - and many shoppers would in fact prefer savings throughout Christmas, including on their traditional shop, instead of a 24-hour flash sale. Asda, whose parent Walmart leads the way on Black Friday in the US, first introduced the event to the UK in 2013, but after two years, has dropped out, despite the 24-hour bonanza being one of the biggest sales days for businesses, with Amazon reporting more than 5.5 items sold in 2014. Instead of the hustle and bustle of one or two day sales where customers typically push the boat out on high-value items, Asda shoppers say they’d prefer deals on value-for-money, high-quality products that all the family can enjoy. The food-chain promises that from early-November through to Christmas and into the New Year customers will see more offers landing in stores and online including deals on toys and gifts, Christmas food and drink, and household basics. Asda President and CEO, Andy Clarke said: “The decision to step away from Black Friday is not about the event itself. "Over the last two years we’ve developed an organised, well-executed plan, but this year customers have told us loud and clear that they don’t want to be held hostage to a day or two of sales." http://www.mirror.co.uk/money/shopping-deals/asda-drop-out-black-friday-6802632
  3. I'd combine the businesses and charge a premium for doing the dogs nails ...
  4. Not just the hunters, the gatherers wear them too ...
  5. Article from Property Week 22/10/15: Foxtons, the London estate agent, has reported an 8.8% increase in revenues to £43.6m during the three months to 30 September. The improvement includes property sales commissions of £18.5m, up 12.8%, reflecting market share gains in Foxton’s existing business and expansion of its branch network. The group’s new homes business saw an 14% increase in sales commissions. Residential lettings saw a 3.3% increase in revenues to £22.6m during the period. However, the mix within lettings continued to shift towards renewals with a record number of tenants extending their tenancies, meaning that new let volumes were lower than expected. Mortgage broking had a strong period with revenues of £2.3m, up 47.5%. Adjusted earnings for the quarter increased by 15.5% to £16.4m, while margins increased to 37.8 %. The city reacted favourably to the results with Chris Millington at Numis issuing a buy note this morning. Millington said: “Foxtons’ update points to a continuation of challenging trading conditions in the London residential market, but the group has made good progress in Q3 against weaker comparatives. Whilst we have reduced our 2015 estimates by 2%, we have left our dividend expectations unchanged and believe the group is well placed to benefit when market conditions normalise.” For the nine months ended 30 September 2015, group turnover was £114.5m, up 1.6% compared to last year. This comprised property sales commissions of £52.1m, down 3.7%, lettings revenues of £56.1m, up 4.5%, and mortgage broking revenue of £5.9m, up 30.6%. Adjusted earnings were, however down from £39.2m to £37m. During the year to date Foxtons opened seven new branches, most recently in high growth, outer London areas, such as Croydon. The group remains on track with its plan to open between 5 and 10 branches each year with a pipeline of new sites secured for the next 18 months. Nic Budden, chief executive of Foxtons, said: “We are in a strong position to capitalise on market growth currently being seen in outer London areas through the organic expansion of our branch network. Although we expect any recovery of the property sales market to be slow due to low current levels of stock, we enter the fourth quarter with a £1bn sales pipeline which is well above the same point last year and based on current market conditions, we remain broadly on track to meet full year expectations.”
  6. Well perhaps we should look form a womans' point of view .... .... perhaps not.
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