Online stalwart Asos is in for a fashion face-off with Amazon’s wardrobe service January 26, 2018 What do Debenhams, House of Fraser, Mothercare and Asos not have in common? Cracking Christmas clothing sales. While the high street’s stalwarts struggled to attract bargain-hunting shoppers over the festive season, their smaller online-only rival yesterday revealed a 30 per cent rise in sales for the final four months of 2017. Asos, or as As [...]
Carillion collapse poses big questions for investors, Jes Staley’s FCA delay goes on and The Range floats chairs January 26, 2018 When in doubt, blame the accountants: a mantra which has gathered momentum after virtually every big corporate collapse since the financial crisis. Carillion is no exception. It seems obvious to ask now why KPMG signed off the construction group’s accounts in March without the merest hint of anxiety. Hindsight being a wonderful thing, the wafer-thin [...]
Ollie Phillips: Six Nations could be Eddie Jones’s biggest test January 26, 2018 England’s injury woes have continued to mount this week and if they lose a couple of matches during the Six Nations or don’t achieve their aims – a grand slam – then there is a ready-made excuse. But Eddie Jones’s charges have got to become a side that is durable and can weather storms because [...]
Automation is evolution, not a class war January 26, 2018 I suffer the great misfortune of living near a busy Tesco Express store, which, absent of self-service checkouts, often makes the innocuous task of buying eggs feel like a test of one’s self-restraint. While waiting for the two portraits of human inefficiency behind the till to serve 20 shoppers, glancing at my phone, I read [...]
Jose Mourinho predicts trophy-laden period for Manchester United after agreeing contract extension January 25, 2018 Manchester United boss Jose Mourinho insists he has laid the foundations for a trophy-laden period in the club’s history after committing to an Old Trafford future by signing a contract extension. Former Chelsea, Inter Milan and Real Madrid manager Mourinho’s new deal will run until 2020, an extension of 12 months to his existing United contract, [...]
David Davis: We will negotiate trade deals during transition, even if we’re “replicating” customs union January 25, 2018 Brexit secretary David Davis will set out his vision for the UK’s demands for the shape the transition period will take after the UK leaves the EU. The minister will travel to Middlesborough on Friday, where he will stress that the UK will become “an independent country” and as such will “once again have its [...]
George Soros at the WEF in Davos blasts social media tech giants such as Facebook and Google, and lays into bitcoin January 25, 2018 Hedge fund veteran George Soros launched an attack on social media giants such as Facebook and Google tonight, saying they were a “menace” and accusing them of “deliberately engineering addiction” which is particularly harmful to adolescents. Soros compared the platforms to gambling businesses, saying they may be permanently damaging to human attention, while speaking at [...]
‘Not the City I recognise’: Helena Morrissey launches dinner to rival the condemned Presidents Club fundraiser January 25, 2018 City veteran Dame Helena Morrissey has launched a rival dinner to the widely condemned Presidents Club charity fundraiser, at which a number of female waitresses were found to have been sexually harassed in an investigation earlier this week. Morrissey, head of personal investing at Legal & General Investment Management, has already garnered support from names [...]
Manchester City hopeful sealing £57m deal for Athletic Bilbao defender Aymeric Laporte January 25, 2018 Runaway Premier League leaders Manchester City are closing in on a club-record £57m deal for French defender Aymeric Laporte from La Liga outfit Athletic Bilbao. An agreement for the 23-year-old centre-half is yet to be finalised although City boss Pep Guardiola is hopeful of completing the transfer before the close of the window on Wednesday. [...]
Jamie Donaldson and Rory McIlroy savour return to form at Dubai Desert Classic January 25, 2018 Ryder Cup hero Jamie Donaldson set a blistering pace in the first round of the Dubai Desert Classic as former world No1 Rory McIlroy provided further evidence of his own return to form. Welshman Donaldson, whose wedge shot secured victory for Europe at Gleneagles four years ago, shot a 10-under-par round of 62 to hold [...]