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Home Bargains
Home Bargains is a British variety store chain founded in 1976 by Tom Morris in Liverpool, England, as Home and Bargain. It is the trading name of TJ Morris Ltd. History The retailer was founded by owner Tom Morris in 1976 as a single store called Home and Bargain in Old Swan, Liverpool when he was aged 21. The name was changed to Home Bargains in 1995, but is still colloquially referred to by its original name in the Merseyside area.) Morris, who was reported to have still owned an 89% stake in the business as of 2013, operates the company with his brother Joe. The business has since grown to become one of the largest privately owned companies within the United Kingdom, selling a variety of household items including food, clothing and games. Customer numbers were estimated to be in excess of three million in February 2013, with items sold typically consisting of 70% regular lines and the rest as one-off product lines. The retailer was ranked sixth in a ''Which?'' list of 10 ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ...
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Home Bargains, Oakwood, Leeds (17th May 2018)
A home, or domicile, is a space used as a permanent or semi-permanent residence for one or many humans, and sometimes various companion animals. It is a fully or semi sheltered space and can have both interior and exterior aspects to it. Homes provide sheltered spaces, for instance rooms, where domestic activity can be performed such as sleeping, preparing food, eating and hygiene as well as providing spaces for work and leisure such as remote working, studying and playing. Physical forms of homes can be static such as a house or an apartment, mobile such as a houseboat, trailer or yurt or digital such as virtual space. The aspect of ‘home’ can be considered across scales; from the micro scale showcasing the most intimate spaces of the individual dwelling and direct surrounding area to the macro scale of the geographic area such as town, village, city, country or planet. The concept of ‘home’ has been researched and theorized across disciplines – topics ranging ...
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Earnings Before Interest And Taxes
In accounting and finance, earnings before interest and taxes (EBIT) is a measure of a firm's profit that includes all incomes and expenses (operating and non-operating) except interest expenses and income tax expenses. Operating income and operating profit are sometimes used as a synonym for EBIT when a firm does not have non-operating income and non-operating expenses. Formula *EBIT = (net income) + interest + taxes = EBITDA – (depreciation and amortization expenses) *operating income = ( gross income) – OPEX = EBIT – (non-operating profit) + (non-operating expenses) where *EBITDA = earnings before interest, taxes, depreciation, and amortization *OPEX = operating expense Overview A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization ( EBITDA) and EBIT), and then determin ...
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Northern Ireland
Northern Ireland ( ga, Tuaisceart Éireann ; sco, label= Ulster-Scots, Norlin Airlann) is a part of the United Kingdom, situated in the north-east of the island of Ireland, that is variously described as a country, province or region. Northern Ireland shares an open border to the south and west with the Republic of Ireland. In 2021, its population was 1,903,100, making up about 27% of Ireland's population and about 3% of the UK's population. The Northern Ireland Assembly (colloquially referred to as Stormont after its location), established by the Northern Ireland Act 1998, holds responsibility for a range of devolved policy matters, while other areas are reserved for the UK Government. Northern Ireland cooperates with the Republic of Ireland in several areas. Northern Ireland was created in May 1921, when Ireland was partitioned by the Government of Ireland Act 1920, creating a devolved government for the six northeastern counties. As was intended, Northern Ireland ...
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Glasgow
Glasgow ( ; sco, Glesca or ; gd, Glaschu ) is the most populous city in Scotland and the fourth-most populous city in the United Kingdom, as well as being the 27th largest city by population in Europe. In 2020, it had an estimated population of 635,640. Straddling the border between historic Lanarkshire and Renfrewshire, the city now forms the Glasgow City Council area, one of the 32 council areas of Scotland, and is governed by Glasgow City Council. It is situated on the River Clyde in the country's West Central Lowlands. Glasgow has the largest economy in Scotland and the third-highest GDP per capita of any city in the UK. Glasgow's major cultural institutions – the Burrell Collection, Kelvingrove Art Gallery and Museum, the Royal Conservatoire of Scotland, the Royal Scottish National Orchestra, Scottish Ballet and Scottish Opera – enjoy international reputations. The city was the European Capital of Culture in 1990 and is notable for its architecture, cult ...
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Rutherglen
Rutherglen (, sco, Ruglen, gd, An Ruadh-Ghleann) is a town in South Lanarkshire, Scotland, immediately south-east of the city of Glasgow, from its centre and directly south of the River Clyde. Having existed as a Lanarkshire burgh in its own right for more than 800 years, in 1975 Rutherglen lost its own local council and administratively became a component of the City of Glasgow (1975–1996), City of Glasgow District within the Strathclyde Local government areas of Scotland 1973–96, region (along with neighbouring Cambuslang). In 1996 the towns were reallocated to the South Lanarkshire Subdivisions of Scotland, council area.From a pawnbrokers to Parliament - Tommy McAvoy looks back on a career that too ...
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Kirkcaldy
Kirkcaldy ( ; sco, Kirkcaldy; gd, Cair Chaladain) is a town and former royal burgh in Fife, on the east coast of Scotland. It is about north of Edinburgh and south-southwest of Dundee. The town had a recorded population of 49,460 in 2011, making it Fife's second-largest settlement and the List of towns and cities in Scotland by population, 12th most populous settlement in Scotland. Kirkcaldy has long been nicknamed the Lang Toun (; Scots language, Scots for "long town") in reference to the early town's main street, as indicated on maps from the 16th and 17th centuries. The street would finally reach a length of nearly , connecting the burgh to the neighbouring settlements of Linktown, Pathhead, Sinclairtown and Gallatown, which became part of the town in 1876. The formerly separate burgh of Dysart, Fife, Dysart was also later absorbed into Kirkcaldy in 1930 under an act of Parliament of the United Kingdom, Parliament. The area around Kirkcaldy has been inhabited sin ...
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Glenrothes
Glenrothes (; , ; sco, Glenrothes; gd, Gleann Rathais) is a town situated in the heart of Fife, in east-central Scotland. It is about north of Edinburgh and south of Dundee. The town had a population of 39,277 in the 2011 census, making it the third largest settlement in Fife and the 18th most populous settlement in Scotland. The name Glenrothes comes from its historical link with the Earl of Rothes, who owned much of the land on which the new town has been built; ''Glen'' (Scottish for valley) was added to the name to avoid confusion with Rothes in Moray and in recognition that the town lies in a river valley. The motto of Glenrothes is , meaning "From the earth strength", which dates back to the founding of the town. Planned in the late 1940s as one of Scotland's first post-second world war new towns, its original purpose was to house miners who were to work at a newly established coal mine, the Rothes Colliery. After the mine closed, the town developed as an importa ...
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Scotland
Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the north and west, the North Sea to the northeast and east, and the Irish Sea to the south. It also contains more than 790 islands, principally in the archipelagos of the Hebrides and the Northern Isles. Most of the population, including the capital Edinburgh, is concentrated in the Central Belt—the plain between the Scottish Highlands and the Southern Uplands—in the Scottish Lowlands. Scotland is divided into 32 administrative subdivisions or local authorities, known as council areas. Glasgow City is the largest council area in terms of population, with Highland being the largest in terms of area. Limited self-governing power, covering matters such as education, social services and roads and transportation, is devolved from the Scott ...
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Fife
Fife (, ; gd, Fìobha, ; sco, Fife) is a council area, historic county, registration county and lieutenancy area of Scotland. It is situated between the Firth of Tay and the Firth of Forth, with inland boundaries with Perth and Kinross (i.e. the historic counties of Perthshire and Kinross-shire) and Clackmannanshire. By custom it is widely held to have been one of the major Pictish kingdoms, known as ''Fib'', and is still commonly known as the Kingdom of Fife within Scotland. A person from Fife is known as a ''Fifer''. In older documents the county was very occasionally known by the anglicisation Fifeshire. Fife is Scotland's third largest local authority area by population. It has a resident population of just under 367,000, over a third of whom live in the three principal towns, Dunfermline, Kirkcaldy and Glenrothes. The historic town of St Andrews is located on the northeast coast of Fife. It is well known for the University of St Andrews, the most ancient univers ...
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Port Talbot
Port Talbot (, ) is a town and community in the county borough of Neath Port Talbot, Wales, situated on the east side of Swansea Bay, approximately from Swansea. The Port Talbot Steelworks covers a large area of land which dominates the south east of the town and is one of the biggest steelworks in the world but has been under threat of closure since the 1980s. The population was 37,276 in 2011. History Modern Port Talbot is a town formed from the merging of multiple villages, including Baglan, Margam, and Aberafan. The name 'Port Talbot' first appears in 1837 as the name of the new docks built on the south-east side of the river Afan by the Talbot family. Over time it came to be applied to the whole of the emerging conurbation. The earliest evidence of humans in the Port Talbot area has been found on the side of Mynydd Margam where Bronze Age farming ditches can be found from 4,000 BC. There were Iron Age hill forts on Mynydd Dinas, Mynydd Margam, Mynydd Emroch and other ...
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