Sales: Shoppers Ready For More Bargain Hunting

Bargain-hungry shoppers are expected to spend nearly £3bn today on the second day of the post-Christmas sales.

The amount of money spent is predicted to be more than the estimated £2.7bn spent in shops and online on Boxing Day though bad weather is having an impact in some areas.

But while a devastating loss of trade over the crucial festive season could force some local shops out of business, many high streets unaffected by the storms are expected to see a repeat of some of the frenzied scenes witnessed on Thursday as shoppers queued for hours to get the best bargains.

A total of £2.22bn was projected to have been spent in stores on Thursday, up 5.7% on last year, according to the Centre for Retail Research (CRR).

Online shoppers spent £540m - a new daily record - on Boxing Day, up 15% on last year, IMRG, the internet retailers' association, said.

Many people queued from before dawn in London

Total spending on Friday could be even higher, with shops expected to take £2.57bn - up more than 7% on last year's £2.4bn on December 27.

Online sales are expected to peak £400m.

Thousands of people hit British high streets yesterday for the traditional Boxing Day sales, with international tourists out in force and spending big.

Many keen bargain-hunters started queuing before dawn to ensure they were first in line when the shops opened.

Shoppers are predicted to spend £2.5bn in the high street on Friday

Selfridges on Oxford Street in central London saw some of the largest queues.

As 3,500 shoppers surrounded the huge shopping emporium, it was apparent the queue was made up of people from all around the world - particularly from China.

The significant presence of international shoppers was confirmed by Global Blue tax-free shopping experts.

Shoppers from Qatar spend the most on average per transaction (£1,714) followed by those from the United Arab Emirates (£1,372).

But a spokesman said Chinese shoppers are the biggest spenders overall.

They spend £1,367 on average per transaction, but are more likely to return to the tills with more goods.

Selfridges celebrated its most successful ever first hour of trade, taking over £1.9m between 9am and 10am - up 16% compared with last year.

Harrods also kicked off its winter sale and offered mugs of hot chocolate, smoked salmon canapes and blankets to keep people warm in the queue.

Department store Liberty offered designer goods at a fraction of their usual price, while both Next and Marks & Spencer boasted discounts of up to 50% on sale items.

Bluewater in Kent predicted more than 800,000 people would come through its doors between Boxing Day and New Year's Eve.

More than 1.4 million shoppers are expected to spend a total of more than £50m in London's West End today.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Pound Hits Two-Year High Against Dollar

The pound has hit its highest level against the US dollar for nearly two-and-a-half years amid Britain's buoyant economic recovery.

Sterling rose to 1.65 dollars, a level not seen since August 2011, as strong economic figures continue to provide a boost and spur expectations that the Bank of England will move to raise interest rates earlier than expected.

A report from the Centre for Economics and Business Research (CEBR) on Thursday predicted the UK would become Europe's largest economy within two decades, overtaking France and Germany.

The UK recovery has been picking up pace in recent months and official figures saw growth data revised higher last week.

Figures correct at 16:06 GMT Friday December 27

The Office for National Statistics (ONS) said growth in 2012 was 0.3%, up from a previous estimate of 0.1%, while the figure for the first quarter of this year was revised up from 0.4% to 0.5% and for the second quarter from 0.7% to 0.8%.

A stronger pound is good news for tourists, as it boosts their spending power.

UK holidaymakers have up to 28% more spending money for their trips as a result of the pound's recent strength, according to a Post Office Travel Money survey.

It has also helped bring down UK inflation, by making it cheaper for Britain to import goods and services.

But the gains in sterling could provide a headache for manufacturers and exporters, as a stronger pound makes products more expensive for overseas buyers and therefore could dampen demand.

The Bank's Monetary Policy Committee recently warned that a significant increase in the pound's strength could pose risks to the recovery, while it could also dent the Government's aims to rebalance the economy towards manufacturing and exports.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

NatWest 'Hit By Fourth Online Banking Glitch'

NatWest has been hit by a cyberattack, leaving customers unable to access online accounts.

The bank's online banking service was disrupted after it was deliberately bombarded with internet traffic.   

Twitter users tweeted to say they could not access their bank accounts to pay bills or transfer money.

@TomGilchrist wrote: "Do other banks computer systems/services go down as much as NatWest? I assume not. Time to move banks I think."

@AleexReid tweeted: "Just joined Santander. Fed up with NatWest. Another computer failure tonight. #welldone."

A NatWest spokesperson said: "Due to a surge in internet traffic deliberately directed at the NatWest website, some of our customers experienced difficulties accessing our customer web sites this evening.

"This deliberate surge of traffic is commonly known as a distributed denial-of-service (DDoS) attack.

"We have taken the appropriate action to restore the affected web sites. At no time was there any risk to customers. We apologise for the inconvenience caused."

At the beginning of December all of RBS and NatWest's systems went down for three hours on one of the busiest shopping days of the year.

The group chief executive Ross McEwan described that glitch as "unacceptable" and added: "For decades, RBS failed to invest properly in its systems.

"We need to put our customers' needs at the centre of all we do. It will take time, but we are investing heavily in building IT systems our customers can rely on."

RBS and NatWest also came under fire in March after a "hardware fault" meant customers were unable to use their online accounts or withdraw cash for several hours.

A major computer issue in June last year saw payments go awry, wages appear to go missing and home purchases and holidays interrupted for several weeks, costing the group £175m in compensation.

This latest problem is the fourth time in 18 months RBS and NatWest customers have reported problems with the banks' services.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Obama Signs Budget Deal And Defence Bill

President Barack Obama has signed a bipartisan budget bill and a defence bill, marking a modest end to a challenging year for the White House and Congress.

The president put his signature on both hard-fought bills while on holiday with his family in Hawaii.

The bill signing marks one of Mr Obama's last official acts in a year beset by a partial government shutdown, a near-default by the Treasury, a calamitous health care rollout and near-perpetual congressional gridlock.

The budget bill was not the grand bargain that Mr Obama and congressional Republicans had initially sought.

Mr Obama is in Hawaii with his family for the Christmas holiday

It does, however, end the cycle of fiscal brinkmanship for now and prevents another government shutdown for nearly two years.

The bill reduces automatic across-the-board spending cuts, restores about $63bn over two years and includes a projected $85bn in other savings.

The president also signed a comprehensive defence bill on Thursday that cracks down on sexual assault in the military.

Under the legislation, military commanders no longer will be permitted to overturn jury convictions for sexual assault.

Its signing caps a year-long campaign led by women in the Senate to address the scourge of rape and sexual assault in the US military.

The bill also gives military personnel a 1% pay raise and provides $552.1bn for the regular military budget, plus $80.7bn for the Afghanistan war and other overseas operations.

Mr Obama signed the two bills and several others in private, without reporters present, after an early-morning trip to the gym at the Marine Corps base near his vacation rental in Oahu.

With the last vestiges of 2013's legislative wrangling behind him, the president's attention turns now to major challenges and potential bright spots in the year ahead.

In late January, Mr Obama will give his fifth State of the Union address, setting his agenda for the final stretch before the 2014 midterm elections render him less able to focus Washington's attention on his own priorities.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Britain's Economy 'Could Overtake Germany'

Britain could overtake Germany to become Europe's largest economy, according to new research by an economic think-tank.

The Centre for Economics and Business Research (CEBR) predicts the UK's GDP will move ahead of France by 2018, then leapfrog Germany by 2030.

Douglas McWilliams, the CEBR's chief executive, told The Daily Telegraph that Britain could become even stronger outside the European Union.

"My instinct is that in the short-term, the impact of leaving the EU would undoubtedly be negative," he said.

"My suspicion is that over a 15-year period, it would probably be positive."

But the report says Britain is also forecast to fall behind the accelerating economies of India and Brazil.

The UK's GDP will grow from more than £1.59 trillion in 2013 to £2.6 trillion in 2028, compared with China, which is predicted to be in top position with a GDP of £20.5 trillion, ahead of the US with an estimated £19.7 trillion

Japan will fall from its steady position in the global league of third to fourth by 2028, overtaken by India and followed by Brazil, Germany and the UK.

A treasury spokesperson said Britain's "hard work is paying off" with positive growth and job creation, but warned there is still work to be done. 

The spokesperson said: "The economy is growing, the deficit is falling and jobs are being created and while this report is encouraging, the job is not yet done. So the government will go on taking the difficult decisions needed to secure a responsible recovery for all."

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Sales: Shoppers Ready For More Bargain Hunting

Bargain-hungry shoppers are expected to spend nearly £3bn today on the second day of the post-Christmas sales.

The amount of money spent is predicted to be more than the estimated £2.7bn spent in shops and online on Boxing Day.

High streets should see a repeat of some of the frenzied scenes witnessed yesterday as shoppers queued for hours to get the best bargains.

A total of £2.22bn was projected to have been spent in stores on Thursday, up 5.7% on last year, according to the Centre for Retail Research (CRR).

Online shoppers spent £540m - a new daily record - on Boxing Day, up 15% on last year, IMRG, the internet retailers' association, said.

Many people queued from before dawn in London

Total spending on Friday could be even higher, with shops expected to take £2.57bn - up more than 7% on last year's £2.4bn on December 27.

Online sales are expected to peak £400m.

Thousands of people hit British high streets yesterday for the traditional Boxing Day sales, with international tourists out in force and spending big.

Many keen bargain-hunters started queuing before dawn to ensure they were first in line when the shops opened.

Shoppers are predicted to spend £2.5bn in the high street on Friday

Selfridges on Oxford Street in central London saw some of the largest queues.

As 3,500 shoppers surrounded the huge shopping emporium, it was apparent the queue was made up of people from all around the world - particularly from China.

The significant presence of international shoppers was confirmed by Global Blue tax-free shopping experts.

Shoppers from Qatar spend the most on average per transaction (£1,714) followed by those from the United Arab Emirates (£1,372).

But a spokesman said Chinese shoppers are the biggest spenders overall.

They spend £1,367 on average per transaction, but are more likely to return to the tills with more goods.

Selfridges celebrated its most successful ever first hour of trade, taking over £1.9m between 9am and 10am - up 16% compared with last year.

Harrods also kicked off its winter sale and offered mugs of hot chocolate, smoked salmon canapes and blankets to keep people warm in the queue.

Department store Liberty offered designer goods at a fraction of their usual price, while both Next and Marks & Spencer boasted discounts of up to 50% on sale items.

Bluewater in Kent predicted more than 800,000 people would come through its doors between Boxing Day and New Year's Eve.

More than 1.4 million shoppers are expected to spend a total of more than £50m in London's West End today.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Britain's Economy 'Could Overtake Germany'

Britain could overtake Germany to become Europe's largest economy, according to new research by an economic think-tank.

The Centre for Economics and Business Research (CEBR) predicts the UK's GDP will move ahead of France by 2018, then leapfrog Germany by 2030.

Douglas McWilliams, the CEBR's chief executive, told The Daily Telegraph that Britain could become even stronger outside the European Union.

"My instinct is that in the short-term, the impact of leaving the EU would undoubtedly be negative," he said.

"My suspicion is that over a 15-year period, it would probably be positive."

But the report says Britain is also forecast to fall behind the accelerating economies of India and Brazil.

The UK's GDP will grow from more than £1.59 trillion in 2013 to £2.6 trillion in 2028, compared with China, which is predicted to be in top position with a GDP of £20.5 trillion, ahead of the US with an estimated £19.7 trillion

Japan will fall from its steady position in the global league of third to fourth by 2028, overtaken by India and followed by Brazil, Germany and the UK.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

SFO Investigates Rolls-Royce Bribery Claims

The Serious Fraud Office (SFO) has started a formal investigation into bribery and corruption allegations at Rolls-Royce.

The claims first came to light a year ago when the SFO ordered the world's second-largest maker of aircraft engines to conduct an inquiry and hand over details of possible wrongdoing in China, Indonesia and other markets.

"We have been informed by the Serious Fraud Office that it has now commenced a formal investigation into these matters," Rolls-Royce said on Monday.

Last December, the company said it was co-operating with regulators relating to allegations of malpractice involving intermediaries in Indonesia and China.

The aerospace and defence group said then it had "identified matters of concern in these and in other overseas markets."

Shares in the company, which operates in more than 50 countries across the world, were 0.2% down in the minutes following the announcement.

The group, which has major sites at Derby and Bristol and employs around 45,000 people, appointed veteran lawyer Lord Gold last year to review the company's compliance procedures in the wake of the claims.

In March, the company appointed BP director Ian Davis, a former managing director of management consultancy McKinsey & Co, as chairman.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Bargain Hunters Flock To Boxing Day Sales

Bargain hunters are set to flock to the high streets in their thousands today as shops open for the Boxing Day sales.

Shoppers have already started queuing to ensure they are first in line when the shops open.

Harrods is kicking off its winter sale with the promise of mugs of hot chocolate, smoked salmon canapes and blankets to keep people warm in the queue.

They will also be serenaded by a string quartet and be treated to a performance by a street magician.

Some online sales started on Christmas Eve and millions of consumers are believed to have already snapped up goods from home.

Some 117 million visits to retail websites were estimated to have been made on Wednesday in the UK, with Boxing Day's figure set to rise to over 118 million.

Shopping habits are changing, according to analysts

Robert Goodman, Bluewater's general manager, said: "We are ready for a bumper Boxing Day this year.

"With the strongest retail offer to date, and with 50 new brands launching with us this year, we are expecting visitor numbers to be on a par with Boxing Day last year.

"This will begin what is likely to be our busiest six days of the year."

James Murray, digital insight manager at Experian, said: "Christmas 2013 has consistently outperformed 2012 on virtually every single shopping day this December, with online visits from Christmas Eve through to Boxing Day up from last year, a record-breaking Cyber Monday and the emergence of the even busier Middle Cyber Monday.

"Shopping habits are changing, with Christmas Day becoming a significant shopping day during the period.

"As a result, we anticipate a more sustained shopping pattern during this period, moving away from the traditional peaks and troughs usually evident during holiday season."

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

SFO Investigates Rolls-Royce Bribery Claims

The Serious Fraud Office (SFO) has started a formal investigation into bribery and corruption allegations at Rolls-Royce.

The claims first came to light a year ago when the SFO ordered the world's second-largest maker of aircraft engines to conduct an inquiry and hand over details of possible wrongdoing in China, Indonesia and other markets.

"We have been informed by the Serious Fraud Office that it has now commenced a formal investigation into these matters," Rolls-Royce said on Monday.

Last December, the company said it was co-operating with regulators relating to allegations of malpractice involving intermediaries in Indonesia and China.

The aerospace and defence group said then it had "identified matters of concern in these, and in other overseas markets."

Shares in the company, which operates in more than 50 countries across the world, were 0.2% down in the minutes following the announcement.

The group, which has major sites at Derby and Bristol and employs around 45,000 people, appointed veteran lawyer Lord Gold last year to review the company's compliance procedures in the wake of the claims.

In March, the company appointed BP director Ian Davis, a former managing director of management consultancy McKinsey & Co, as chairman.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Apple Strikes iPhone Deal With China Mobile

Apple has finally secured a deal to bring the iPhone to China Mobile, the world's biggest network, opening the door to a massive sales boost.

The state-owned network has more than 750 million subscribers.

The latest iPhone 5S and 5C will go on sale in the country from January 17 with analysts forecasting a sales surge of anywhere between 10 and 25 million over the next year.

China's granting of 4G licences earlier this month is thought to have helped the deal as the faster network is compatible with the iPhone.

In a statement promoting the deal, Apple and China Mobile said they were "excited" to finally be working together.

Apple CEO Tim Cook said: "Apple has enormous respect for China Mobile and we are excited to begin working together. China is an extremely important market for Apple and our partnership with China Mobile presents us the opportunity to bring iPhone to the customers of the world's largest network."

While popular around the world, the iPhone has faced tough competition in China from cheaper Android smartphones made by the likes of Samsung. Collectively, Android phones far outsell iPhone models.

Apple's cheaper 5C model, released earlier this year, was widely seen as an attempt to crack the Chinese market.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Weather Damages 'Biggest Xmas Shopping Day'

A predicted high street spending spree dubbed 'Manic Monday' has largely failed to materialise, with strong winds and heavy rain combining to force late-Christmas shoppers indoors.

Analysts had expected 15 million people to take to stores, spending £2.6m a minute on gifts, food, drink and decorations.

But the spending spree appears set to fall short of retailers' expectations after the bad weather disrupted travel and left shoppers seeking shelter.

Despite huge red signs announcing sales of up to 70%, many shops on London's Oxford Street were experiencing customer numbers they would see on a normal day rather than those you would expect just two days before Christmas.

One M&S shopper said: "With the weather, well, it's really quiet.

"A few years ago you wouldn't have been able to get in here."

Major indoor centres, however, were expected to have benefited from the storm.

The Waitrose department store-supermarket in London's Canary Wharf had long queues waiting at tills while car parks at Manchester's Trafford Centre were reported to be full.

Retailers had expected their biggest day of the year, with shoppers parting with about £3.6bn by the end of the day.

Visa expected to process 31 million transactions on UK cards with a peak between 1pm and 2pm as workers rushed out to the shops on their lunch break.

Visa predicted an average £15,000 per second would be spent on its cards.

Many retailers have been furiously discounting prices over the past few days in a bid to attract shoppers amid signs of a slow start to the big festive spend.

While the prospect of bargains bodes well for consumers who left their shopping late, there are fears the price cuts will leave the retail sector with a profits hangover after a bruising battle for business during 2013.

Large promotions have included a 30% discount across clothing lines at Marks & Spencer, as well as price cuts at Debenhams, Gap, Argos and BHS.

John Lewis confirmed on Sunday it had enjoyed record weekly sales with takings hitting £164m - up 4.2% on the same period last year - though its customers tend to be less affected by the squeeze on incomes than the average consumer.

Many supermarket chains planned to keep their biggest stores open 24 hours daily until late on Christmas Eve.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Apple Strikes iPhone Deal With China Mobile

Apple has finally secured a deal to bring the iPhone to China Mobile, the world's biggest network, opening the door to a massive sales boost.

The state-owned network has more than 750 million subscribers.

The latest iPhone 5S and 5C will go on sale in the country from January 17 with analysts forecasting a sales surge of anywhere between 10 and 25 million over the next year.

China's granting of 4G licences earlier this month is thought to have helped the deal as the faster network is compatible with the iPhone.

In a statement promoting the deal, Apple and China Mobile said they were "excited" to finally be working together.

Apple CEO Tim Cook said: "Apple has enormous respect for China Mobile and we are excited to begin working together. China is an extremely important market for Apple and our partnership with China Mobile presents us the opportunity to bring iPhone to the customers of the world's largest network."

While popular around the world, the iPhone has faced tough competition in China from cheaper Android smartphones made by the likes of Samsung. Collectively, Android phones far outsell iPhone models.

Apple's cheaper 5C model, released earlier this year, was widely seen as an attempt to crack the Chinese market.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

SFO Investigates Rolls-Royce Bribery Claims

The Serious Fraud Office (SFO) has started a formal investigation into bribery and corruption allegations at Rolls-Royce.

The claims first came to light a year ago when the SFO ordered the world's second-largest maker of aircraft engines to conduct an inquiry and hand over details of possible wrongdoing in China, Indonesia and other markets.

"We have been informed by the Serious Fraud Office that it has now commenced a formal investigation into these matters," Rolls-Royce said on Monday.

Last December, the company said it was co-operating with regulators relating to allegations of malpractice involving intermediaries in Indonesia and China.

The aerospace and defence group said then it had "identified matters of concern in these, and in other overseas markets."

Shares in the company, which operates in more than 50 countries across the world, were 0.2% down in the minutes following the announcement.

The group, which has major sites at Derby and Bristol and employs around 45,000 people, appointed veteran lawyer Lord Gold last year to review the company's compliance procedures in the wake of the claims.

In March, the company appointed BP director Ian Davis, a former managing director of management consultancy McKinsey & Co, as chairman.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Weather Damages 'Biggest Xmas Shopping Day'

A predicted high street spending spree dubbed 'Manic Monday' has largely failed to materialise, with strong winds and heavy rain combining to force late-Christmas shoppers indoors.

Analysts had expected 15 million people to take to stores, spending £2.6m a minute on gifts, food, drink and decorations.

But the spending spree appears set to fall short of retailers' expectations after the bad weather disrupted travel and left shoppers seeking shelter.

Despite huge red signs announcing sales of up to 70%, many shops on London's Oxford Street were experiencing customer numbers they would see on a normal day rather than those you would expect just two days before Christmas.

One M&S shopper said: "With the weather, well, it's really quiet.

"A few years ago you wouldn't have been able to get in here."

Major indoor centres, however, were expected to have benefited from the storm.

The Waitrose department store-supermarket in London's Canary Wharf had long queues waiting at tills while car parks at Manchester's Trafford Centre were reported to be full.

Retailers had expected their biggest day of the year, with shoppers parting with about £3.6bn by the end of the day.

Visa expected to process 31 million transactions on UK cards with a peak between 1pm and 2pm as workers rushed out to the shops on their lunch break.

Visa predicted an average £15,000 per second would be spent on its cards.

Many retailers have been furiously discounting prices over the past few days in a bid to attract shoppers amid signs of a slow start to the big festive spend.

While the prospect of bargains bodes well for consumers who left their shopping late, there are fears the price cuts will leave the retail sector with a profits hangover after a bruising battle for business during 2013.

Large promotions have included a 30% discount across clothing lines at Marks & Spencer, as well as price cuts at Debenhams, Gap, Argos and BHS.

John Lewis confirmed on Sunday it had enjoyed record weekly sales with takings hitting £164m - up 4.2% on the same period last year - though its customers tend to be less affected by the squeeze on incomes than the average consumer.

Many supermarket chains planned to keep their biggest stores open 24 hours daily until late on Christmas Eve.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Apple Strikes iPhone Deal With China Mobile

Apple has finally secured a deal to bring the iPhone to China Mobile, the world's biggest network, opening the door to a massive sales boost.

The state-owned network has more than 750 million subscribers.

The latest iPhone 5S and 5C will go on sale in the country from January 17 with analysts forecasting a sales surge of anywhere between 10 and 25 million over the next year.

China's granting of 4G licences earlier this month is thought to have helped the deal as the faster network is compatible with the iPhone.

In a statement promoting the deal, Apple and China Mobile said they were "excited" to finally be working together.

Apple CEO Tim Cook said: "Apple has enormous respect for China Mobile and we are excited to begin working together. China is an extremely important market for Apple and our partnership with China Mobile presents us the opportunity to bring iPhone to the customers of the world's largest network."

While popular around the world, the iPhone has faced tough competition in China from cheaper Android smartphones made by the likes of Samsung. Collectively, Android phones far outsell iPhone models.

Apple's cheaper 5C model, released earlier this year, was widely seen as an attempt to crack the Chinese market.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

British Airways Plane 'Crash' In Johannesburg

A British Airways plane has crashed into a building at Johannesburg Airport in South Africa.

The aircraft, carrying 182 passengers, sliced its wing through the building while taxiing on the runway, BA confirmed.

Posting on Twitter, the airline said: "One of our aircraft was damaged whilst taxiing at JNB airport. All 182 passengers disembarked safely with no injuries onboard."

There has so far been no comment made on whether anyone was injured in the building or on the ground.

The plane involved is believed to be a Boeing 747.

British Airways says nobody in the plane was injured. Pic: John Hart

Harriet Tolputt, Oxfam's head of Media, who was on the flight, posted pictures of the incident on Twitter.

She wrote: "BA plane crashes into building at J Burg airport. No one injured only the pilot's pride ... Not impressed that first class passengers get off before premium economy during an emergency."

Johannesburg Airport said it would be able to provide more information on the incident later in the morning.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

M&S Says Sorry Over Alcohol Refusal

Marks & Spencer has apologised after a Muslim member of staff refused to sell a customer alcohol.

The retailer said that where employees have religious beliefs that restrict what foods or drinks they can handle, it tries to place them in a "suitable role".

An M&S spokeswoman said: "We regret that in the case highlighted we were not following our own internal policy."

The issue arose after an unnamed customer at a London store told the Telegraph they were "taken aback" when an "extremely apologetic" Muslim checkout worker asked for them to wait for another till to become available.

The customer told the newspaper: "I had one bottle of champagne, and the lady, who was wearing a headscarf, was very apologetic but said she could not serve me. She told me to wait until another member of staff was available.

"I was taken aback. I was a bit surprised. I've never come across that before."

Drinking alcohol is forbidden in Islam, and some Muslims refuse to handle it.

M&S said its policy applied to staff of other religions, not just Islam.

The spokeswoman said: "Where we have an employee whose religious beliefs restrict food or drink they can handle, we work closely with our members of staff to place them in suitable role, such as in our clothing department or bakery in foods...

"As a secular business we have an inclusive policy that welcomes all religious beliefs whether across our customer or employee base.

"This policy has been in place for many years, and when followed correctly, we do not believe that it should compromise our ability to offer the highest level of customer service.

"We apologise that this policy was not followed in the case reported."

The case highlighted differences among retailers on whether religious staff should have to carry out certain jobs, the Telegraph said.

Sainsbury's guidelines say that there is no reason why staff who don't drink alcohol or eat pork on religious grounds could not handle them, the paper said, while Tesco said it made "no sense" for staff who refuse to touch items for religious reasons to work on a till.

Muslims working at Asda would not have to work on tills if they objected to handling alcohol, and Morrisons would "respect and work around anyone's wishes not to handle specific products for religious or cultural reasons", the paper added.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Tobacco Boss Quits Helm Of Silk Cut-Maker

By Mark Kleinman, City Editor

The executive who orchestrated Japan's biggest-ever takeover of a British company has quit his role at the helm of the manufacturer of Benson & Hedges and Silk Cut.

Sky News has learnt that Pierre de Labouchere, the president and chief executive of Japan Tobacco International (JTI), resigned with immediate effect.

The departure of Mr de Labouchere, who led Japan Tobacco's £7.5bn acquisition of Gallaher International in 2007, surprised analysts, who said they expected that the exit of such a senior executive would have been the subject of a public announcement.

JTI accounts for over half of its parent's global earnings and through its ownership of Gallaher's brands, which also included Mayfair, it now jostles with Imperial Tobacco for leadership of the UK cigarette market. British American Tobacco has a vast international presence but a comparatively small share of the UK market.

Mr de Labouchere has been replaced by Tom McCoy, previously the chief operating officer.

In a statement issued on Friday, a JTI spokesman said: "I confirm that Mr. Pierre de Labouchere has decided to resign from his position as President and Chief Executive Officer of JTI as of December 18th.

"Mr Thomas A McCoy has been appointed President and Chief Executive Officer of JTI. He brings in-depth knowledge of the business and a wealth of experience to this new responsibility. His 14 years with JTI have generated a proven track record of success in leading the international tobacco business at JTI."

JTI declined to comment on the reasons behind Mr de Labouchere's sudden departure but insiders said that another senior executive responsible for the company's mergers and acquisitions activity had also quit in recent days, suggesting some kind of strategic disagreement.

Mr de Labouchere, one of the most senior Frenchmen in a major Japanese company, led the takeover of Gallaher having previously been president of JR Reynolds' international operations, which were acquired by JTI in 1999.

JTI's UK operation is run directly by Jorge da Motta, who took over earlier this year.

He warned on his appointment that "the most challenging dynamic for the UK business is the high tax regime and the corresponding high level of non-UK duty paid cigarettes at a time when the Government is consulting on plain packaging".

"This makes the threat to legitimate businesses both small and large significant and dangerous," he added.

Headquartered in Geneva, JTI recorded sales of $11.8bn (£7.2bn) in 2012. The company has operations in more than 120 countries and about 25,000 employees.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

Christmas Shoppers To Spend £12bn In Four Days

By Emma Birchley, Sky News Reporter

Shoppers are expected to spend £12bn in just four days as they make the most of slashed prices and promotions, according to retail forecasters.

The deals are being offered as a fierce battle for sales rages both on the high street and online.

Alan Dadswell relies on Christmas to keep his shop Toys 'N' Tuck in Southend-on-Sea going and he says discounts are crucial.

He said: "To get people to spend the money they have got to feel they are getting a bargain and we have got to give them a bargain. We have to hunt with our suppliers to do good deals to get people in to the store."

A sluggish autumn has put added pressure on retailers.

But with 74% of shops offering deals, 13 million people are expected to shop on the high street on the last Saturday before Christmas.

It will help that many people finished work for Christmas on Friday.

Offering discounts at Toys 'N' Tuck in Southend-on-Sea is crucial

But Diane Wehrle, from the shop footfall monitors Springboard, says shoppers are getting increasingly canny.

She said: "Tactics definitely come into it. Shoppers are becoming much more savvy than they used to be. They understand that retailers are slashing prices. They understand they are doing one-off specials and they wait for them.

"So they perhaps go window shopping before the Christmas trading period starts, look out for what they want to buy and then buy them when they are on offer."

Lizzy Clarke, armed with bags of gifts in Southend, has made the most of the offers.

"They've got some great deals ... 75% off in some stores and I've just bought some jumpers that cost me £30 last week and this week have cost me £7," she said.

But Rob Antoniazz, who is unconvinced, said: "The decent items in good shops are never up for sale because the demand is there to buy them."

Tesco's distribution centre in Erith, Kent, has gone into overdrive

Half of the money being spent in the four days to the end of Monday will be on food, with £900m going towards online groceries.

Tesco has sold twice as many turkeys over the internet than last year. At its distribution centre in Erith, Kent, staff are working around the clock preparing orders.

Simon Belsham, the managing director of Online Grocery for the chain, said: "This is a really busy time of year for us. It really reflects that customers are looking for more and more convenient ways to shop for their Christmas presents and Christmas food."

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More

M&S Extends Clothing Sale Amid Poor Trading

By Mark Kleinman, City Editor

Marks & Spencer (M&S) is to extend heavy discounting on clothing into a second day on Sunday as it attempts to drive sales during the most crucial period of its trading year.

Sky News has learnt that the high street giant will run another sale offering 30% off all clothing lines just three days before Christmas amid growing expectations of one of the toughest festive periods for retailers in years.

While food sales are said to have been satisfactory, M&S is understood to have been disappointed by the response to Saturday's clothing sale, prompting executives to decide during an evening conference call to repeat the event on Sunday.

The company is far from alone on offering heavy discounts on clothing, with 50% off usual prices at Banana Republic, French Connection and Reisss, and up to 60% savings on some lines at Gap.

M&S is, though, the most closely-watched of any retailer on UK high streets because of its scale.

It has tended to shun such significant pre-Christmas discounts under the leadership of Marc Bolland, its chief executive, although it occasionally ran them under Sir Stuart Rose, his predecessor.

Mr Bolland has been attempting to improve M&S's clothing sales by introducing new management and a focus on greater quality, but faces an anxious wait to see whether that translates into adequate trading.

Standard Life Investments, one of the retailer's biggest shareholders, said in January that disappointing Christmas trading last year meant that Mr Bolland was on borrowed time, although many investors are keen to give his strategy more time to take effect.

Some analysts are forecasting a fall in sales during the important third-quarter period, although the like-for-like measurement that will be provided by retailers in January does not indicate the profitability of their sales.

M&S declined to comment on Saturday.

:: Watch Sky News live on television, on Sky channel 501, Virgin Media channel 602, Freeview channel 82 and Freesat channel 202.

14.47 | 0 komentar | Read More