News

COMMENT

PowerPoint presentation
Thursday 23 October 2014
The positive feelings elicited by a well put together PowerPoint slide should not be underestimated.   
#GamerGate
Thursday 23 October 2014
A new study from the Pew Research Center has found online gaming is the "least welcoming" online environment for women.  
Travelodge
Thursday 23 October 2014
My mother always used to complain that I treated her house like a hotel, but judging by some of the requests made at the Travelodge chain, I really wasn't trying hard enough.   
NHS
Thursday 23 October 2014
The NHS needs extra cash and an overhaul of its services if it is to avoid a £30bn annual shortfall over the next five years, according to senior health officials.  
Tesco
Thursday 23 October 2014
Credit agencies Fitch and Moody's have downgraded Tesco's rating – with the latter saying it could be dropped further to junk status depending on the outcome of the ongoing investigation into its accounting practices.   
Harris + Hoole sign on cafe
Thursday 23 October 2014
Tesco may be in dire straits, but a rights issue was ruled out by chief executive Dave Lewis this afternoon.
Hailo
Thursday 23 October 2014
Taxi app Hailo has teamed up with futurologists to give an insight into the future of cities as well as launching two new features.
Islamic Bank of Britain
Thursday 23 October 2014
The Islamic Bank of Britain has unveiled plans to change its name to Al Rayan Bank, as it aims to increase its presence in London and acquire a wider range of customers.  
Dave Lewis on a sofa
Thursday 23 October 2014
Tesco boss Dave Lewis has taken to YouTube to talk about the supermarket’s troubles after posting a 91.9 per cent drop in profits and a £263m profit understatement.
Eurozone debt
Thursday 23 October 2014
Figures released by the European statistics authority today show government debt in the Eurozone grew to 92.7 per cent of GDP in the second quarter of 2014, a jump of 0.8 percentage points.
Hong Kong protests
Thursday 23 October 2014
  Protesters striving for a more democratic Hong Kong continue to occupy the city’s streets in their droves, yet not everyone in town is behind the movement known as “Occupy Central”.  
Thursday 23 October 2014
Shares in Tesco closed down 6.6 per cent in early afternoon trading, after the supermarket posted first-half results showing statutory profit before tax, which includes one-off items, collapsed by 91.9 per cent to £122m in the 26 weeks ended 23 Au
Thursday 23 October 2014
Has Tesco hit rock-bottom? The supermarket's chairman, Sir Richard Broadbent, announced his departure this morning on the back of first-half results showing the profit "overestimation" it had originally thought £250m, but £263m. 
Rugby World Cup
Thursday 23 October 2014
It’s still almost a year away, but anticipation for the 2015 Rugby World Cup is already reaching fever pitch.   The clamour for tickets has hit record levels, with demand exceeding supply for 23 of the 48 games.
Tesco bags
Thursday 23 October 2014
It’s another dark day for Tesco. The supermarket's estimated £250m profit black hole was even larger than expected at £263m, £70m of which came prior to the period it initially identified as problematic.
Metro Bank
Thursday 23 October 2014
Serial entrepreneur Luke Johnson has resigned his position as a non-executive of Metro Bank.
Shoppers
Thursday 23 October 2014
Fashion sales have hampered the wider retail sector in September, with warm weather driving sales down 4.1 per cent year-on-year. Month-on-month that figure was even worse: sales dropped 7.8 per cent between August and September.
Dove soap
Thursday 23 October 2014
While Dave Lewis is putting out one fire at his new employer Tesco, things back at Unilever are also looking less than rosy.   
Tesco signage
Thursday 23 October 2014
Wanted: Heavyweight to lead a City institution. Must be good with numbers and new people. Retail knowledge preferred. Must be willing to have difficult conversations, understand customers and be confident in implementing new strategies.
Publicis Groupe
Thursday 23 October 2014
The only way is digital for French communications giant Publicis Groupe, as digital increasingly makes up a bigger slice of the company's overall revenue.  
Homes for sale
Thursday 23 October 2014
The number of mortgages approved by banks fell 10 per cent in September compared with a year ago, figures published by the British Bankers' Association showed.
Thursday 23 October 2014
The Conservative party's Ukip woes continue, with a new ComRes survey showing Nigel Farage's eurosceptic party is set to win the Rochester by-election triggered by the defection of Tory MP Mark Reckless.
Tesco's half-year results
Thursday 23 October 2014
We knew it was bleak for Tesco, we were just waiting to put a figure to the despair.   
Debenhams
Thursday 23 October 2014
Debenhams' share price opened lower this morning, after the retailer revealed a 20.6 per cent fall in  pre-tax profit for the last year.   
Foxtons
Thursday 23 October 2014
What a difference a year makes.
Thursday 23 October 2014
Worries surrounding the failure of a number of European banks in stress tests sent markets lower yesterday, reversing early gains.
Thursday 23 October 2014
Pharma giant GlaxoSmithKline (GSK) is considering floating its HIV drugs business in a move that would see Viiv Healthcare among the top 40 companies in the FTSE 100 with a market valuation of up to £17bn.
Thursday 23 October 2014
FITBUG, a little-known Aim-listed firm that makes wearable fitness trackers, saw its shares rocket more than 350 per cent yesterday, after revealing that Sainsbury’s and a leading US retail chain would begin stocking its products next month.
Thursday 23 October 2014
JAILING, fining and firing more individual bankers is a better way to punish bad behaviour than hitting banks with crippling fines which could risk their stability, Bank of England regulators told MPs yesterday.
Thursday 23 October 2014
NO ENTERTAINING clients past midnight and a ban on doing shots are just two of the new rules investment banks are imposing on their employees, according to employment law firm, GQ Employment Law.
Thursday 23 October 2014
DAVID Cameron will put pressure on European leaders to do more to fight the spread of the deadly Ebola virus at a meeting of EU member states in Brussels today.
Thursday 23 October 2014
A COOLING housing market, low inflation, and a troubled Eurozone made for more dovish tones at this months meeting of the monetary policy committee.
Thursday 23 October 2014
US CONSUMER prices rose margin­ally in September, painting a weak inflation picture that should give the Federal Reserve ample room to keep interest rates low for a while.
Thursday 23 October 2014
LLOYDS Bank is planning to cut another 9,000 jobs, on top of the 15,000 the lender has chopped since 2011, it emerged last night. The new round of cost cutting will hit another 10 per cent of the workforce, according to Sky News.
Thursday 23 October 2014
She is the former PA who has risen to a key role in the boardroom of one of Europe’s biggest football clubs, and now Marina Granovskaia’s influence at Chelsea is about to grow even further.
Thursday 23 October 2014
EX-CITY regulator the Financial Services Authority (FSA) should be probed as part of the investigation into the near-collapse of the Co-op Bank and the failed attempt to sell it TSB, MPs said in a report today.
Thursday 23 October 2014
HOME Retail Group said yesterday it planned to shut a quarter of Home­base’s 323 branches, blaming excess retail space and the rise of a generation that had fallen out of love with DIY.
Thursday 23 October 2014
The number of staff per store on the high street slumped to a record low in the third quarter of the year, as troubled supermarkets overhauled their management structures to reverse sliding sales.
Thursday 23 October 2014
HSBC and First Trust Bank broke competition rules by wrongly indicating that small businesses had to have an account with them if they wanted a loan, the Competition and Markets Authority (CMA) said yesterday.
Thursday 23 October 2014
Euan Sutherland looked relaxed and rested yesterday as he announced his new role as chief executive of high street fashion retailer SuperGroup.
Thursday 23 October 2014
DON’T panic, as the cover of the Hitchhiker’s Guide to the Galaxy by the late Douglas Adams exhorted.
Thursday 23 October 2014
Challenger bank Metro lost £9.4m in the third quarter, improving on the £11.4m loss in the same period of 2013.
Thursday 23 October 2014
SWEDISH lender Handelsbanken grew its loan book to £13.3bn in the third quarter, its financial results showed yesterday. The group is on track to open its 180th branch in the UK, as it rolls out its localised model of lending.
Thursday 23 October 2014
PUB CHAIN Spirit Pubs, currently the £723.3m takeover target of rival Greene King, yesterday reported its full-year profit grew 11 per cent due to strong growth in its managed pub division.
Thursday 23 October 2014
OIL FIRM Total has named two successors for its chief executive and chairman Christophe de Margerie, who died in a plane crash in Moscow on Monday night.
Thursday 23 October 2014
Battersea Power Station yester­day unveiled the look of its Foster and Partners designed roof gar­dens, ahead of the third phase of the closely watched project.
Thursday 23 October 2014
Britain's biggest mobile operator, EE, saw its 4G customer base grow by 1.4m during the third quarter to 5.6m total subscribers.
Thursday 23 October 2014
US PHARMA giant Johnson & Johnson announced today that it would begin human trials of its Ebola vaccine in January.
Thursday 23 October 2014
CAMBRIDGE-based carrier billings startup Bango has signed a deal with Samsung to preload its software on the South Korean tech giant’s smartphones, letting consumers charge games, music and videos directly from their mobile phone bills.
Thursday 23 October 2014
Rakuten, the Japanese e-commerce giant and owner of messaging app Viber and Play.com, has launched an own-brand UK online market­place similar to Ebay, which it says will subsume Play.com early next year.

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