Case Study 1 – Thorntons PLC To: Equity Fund Manager Date: 16 January 2013 From: Ivor Addict Subject: Thorntons plc Note: Introduction (note: some comments are obtained from reviewing the company’s website and that the use of company and group both refer to Thorntons group. The footnotes are only included to provide an indication as to where the information came from‚ they are not intended to be comprehensive. Some of the comments have been included to aid understanding
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THE UK RETAIL SECTOR Retailing is one of the major economic sectors of United Kingdom‚ with retail sales of £221 billion‚ employing around 3 million people and operating over 300‚000 shops. Within the sector there is a scale polarisation at both the business and the store level. The leading retailers are huge‚ multinational businesses which dominate the sector. They operate a range of stores from major hypermarkets and supercentres through to small convenience stores. Retailing is also significant
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towards Tesco and better value for money later on in the nineties. I will analyse the United Kingdom ’s grocery industry‚ involving a P.E.S.T. analysis‚ which is a way of evaluating different parts of a business. (Political‚ Economical‚ Social‚ and Technological.) Political The government can basically decide how a business is run; by all the laws and safety acts it can impose. Nowadays there is so much legislation‚ businesses don ’t have much say in what happens and there is not much leeway
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general consensus of the political spectrum of the youth population is that it is firmly to the left. Given these facts it is arguable to say that if the turn out for the 2010 general election had been higher‚ we could have easily had a Labour or Liberal Democrat government which would have had major effects on the current policies in place in the UK. To go even further‚ if the voting percentage had been 100% in all the previous elections‚ it is claimable that every government the UK has had would be different
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HSBC UK Retail Banking Sustained growth in RBWM and CMB Antonio Simoes 18th March 2013 Head of UK Bank‚ Deputy Chief Executive HSBC Bank plc and Head of RBWM Europe Forward-looking statements This presentation and subsequent discussion may contain certain forward-looking statements with respect to the financial condition‚ results of operations and business of the Group. These forward-looking statements represent the Group’s expectations or beliefs concerning future events and involve
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The UK political system The United Kingdom is a parliamentary democracy: government is voted into power by the people‚ to act in the interests of the people. Every adult has the right to vote - known as ’universal suffrage’. Alongside this system‚ the UK is also a constitutional monarchy. This is a situation where there is an established monarch (currently Queen Elizabeth II)‚ who remains politically impartial and with limited powers. General election: In a general election the adult population
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Affect of Olympics on UK’s Retail sector The Olympics and its Impact on UK Retail Introduction: In 2012‚ the UK hosted the Olympic Games‚ running from July 27 to August 12‚ 2012 and the Paralympics Games from August 29 to September 9‚ 2012. This report focuses on the impact this major international event will have on United Kingdom retail (Including Clothing‚ Super Market‚ Food Sector) both during the Games and long term‚ and how retailers can exploit the opportunities. Example: Clothing
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Political Institutions UK History of political parties The political history of the British Isles. Over the past 800 years has been largely one of reducing the power of the monarchy and transferring authority to a London based Parliament as the sovereign legislative body for all Britain. The original structures were monarchical‚ aristocratic and non-democratic. The growth of political parties and constitutional structures. The growing power of Parliament against the monarch in seventeenth
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Investigation into factors that influence students’ choice of retail bank in UK Rationale Retail banks have suffered depression caused by low profitability growth and high competitive intensity‚ however‚ there is a huge potential in student market (Thwaites and Vere‚ 2010: 133). It is estimated that the average of students’ debt was £10000 in 2002 with an increase of £6700 from 1999 in UK (Tank and Tyler‚ 2005:152).Also in United States‚ student loan market expanded from less than $5 billion
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The UK’s three major political parties are the Labour Party‚ the Conservative Party‚ and the Liberal Democrats‚ who won between them 616 out of the 646 seats available in the House of Commons at the 2005 general election. Most of the remaining seats were won by parties that only contest elections in one part of the UK such as the Scottish National Party (Scotland only)‚ Plaid Cymru (Wales only)‚ and the Democratic Unionist Party‚ Social Democratic and Labour Party‚ Ulster Unionist Party‚ and Sinn
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