GMTV boss joins NetplayTV June 7, 2009 Clive Jones, the chairman of GMTV, is joining the board of gaming group Netplay TV as non-executive chairman. Netplay TV, which is headed up by chief executive Martin Higginson, runs television and internet channels which offer interactive gaming.
Oscar-winner who loves London stage June 7, 2009 I ARRIVE 20 minutes early at Ronald Harwood’s Chelsea mansion block, and rather than knock, I sit on the steps outside. I don’t want to risk the ire of the man who won an Oscar for The Pianist and who has two West End plays about Nazi Germany on simultaneously – Taking Sides and Collaboration [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 7, 2009 THE SUNDAYSThe Sunday Telegraph WIGLEY TO ADVISE ADVENTThe former chairman of Merrill Lynch’s European operations and a respected City figure, is joining the private equity firm Advent International to identify investment opportunities across the financial services industry. Wigley will become a part-time operating partner at Advent, which is sitting on a large cash-pile after raising [...]
BoI offers share savings refund June 7, 2009 The Bank of Ireland has refunded up to €20,800 (£18,183) to staff who took part in a share savings scheme that left them out of pocket following the collapse in its share price. The scheme launched in late 2003 and allowed staff to build up a fund that could be used to buy shares at [...]
IS ANDY HORNBY THE RIGHT MAN FOR ALLIANCE BOOTS? June 7, 2009 GAVIN GEORGE ERNST&YOUNGAlliance Boots will be looking at the top heavy-weight contenders for the role. But the problem is there aren’t that many experienced retail chief executives who are available on the market. Despite HBOS, Hornby’s reputation remains undiminished in retail circles. JOHN STEVENSON KBC PEEL HUNTHornby’s Asda background definitely lends itself to the Boots [...]
Government debt raising aided by low interest rates, says BIS June 7, 2009 GOVERNMENTS can continue raising long-term debt in the knowledge that central banks’ monetary policy will keep short-term yields anchored at low levels, according to a Bank for International Settlements (BIS) study. Central banks and treasuries have forged closer working relationships since the financial crisis erupted almost two years ago and will continue to maintain these [...]
Dissidents in warning on Condor June 7, 2009 THE dissident group of shareholders behind a reverse takeover bid for miner Condor Resources yesterday warned the firm’s cash resources will not be enough to tide it over past the end of next year. Shareholder Michael Silver and half a dozen other investors joined forces with smaller rival Worldwide Natural Resources last Wednesday, as it [...]
BACK TO THE CORE June 7, 2009 THE world’s technology bloggers are convinced that Steve Jobs, Apple’s charismatic boss, is about to make a comeback to the group after a long layoff with illness. There are rumours that Jobs, who has been off since January, may appear at Apple’s software developers’ conference this week in San Francisco.
BROWN CRUSHED AS VOTERS DUMP LABOUR June 7, 2009 PRIME Minister Gordon Brown will today face renewed pressure to quit after Labour suffered a drubbing in the European elections. Labour was humiliated in the polls, with support around 16 per cent of the national vote, putting it on a par with the eurosceptic UK Independence Party (Ukip). The Conservative party swept to victory, even [...]
Darling squares up to EU over regulatory powers June 7, 2009 CHANCELLOR Alistair Darling faces a fight with European counterparts tomorrow over his opposition to any new pan-European regulator having executive power over the UK’s financial institutions. Darling is in favour of an EU-wide supervisory body that would identify and warn of systemic risks in the European banking sector. But at tomorrow’s Ecofin meeting of European [...]