Financial services bosses are the most trustworthy June 4, 2019 Bosses in the financial services sector are the most trusted despite overall trust in chief executives falling since the beginning of the decade. Employees’ trust in their chief executives has fallen eight per cent since 2011, according to a report by The Institute of Leadership & Management published today. A series of high profile bumper [...]
Global signs Love Island podcast deal with ITV June 4, 2019 Media giant Global has secured a two-year deal to host ITV podcasts on its Global Player app and promote them across its radio stations. Global, which is the UK’s largest commercial radio company, will acquire a string of hit podcasts including Love Island: The Morning After, which coincides with the return of ITV’s wildly-popular reality [...]
Trump meets FTSE business leaders over breakfast June 4, 2019 Business leaders will sit down for breakfast with US President Donald Trump this morning as part of a bid to strengthen transatlantic relations, as fears over an impending global trade war continue to mount. Representatives from 10 leading companies – five from the UK and five from the US – will break bread at St [...]
Shares in car manual publisher Haynes soar as it eyes sharp profit growth June 4, 2019 Shares in Haynes Publishing Group jumped as much as 11 per cent this morning after it forecast a sharp rise in full-year profit. Read more: Haynes shares soar as growing digital business boosts half-year results Haynes, the publisher behind the famous car repair manuals, said it expected pre-tax profit to rise roughly 24 per cent [...]
Liam Fox backs foreign secretary Jeremy Hunt for Tory leader June 4, 2019 Liam Fox has announced he will back foreign secretary Jeremy Hunt to replace Theresa May as prime minister. The international trade secretary- a Brexiteer – said he would support Hunt who earlier this week said pursuing a no-deal Brexit would be “political suicide”. Read more: Boris Johnson officially launches Tory leadership campaign Fox is the [...]
First Group launches searing attack on ‘opportunistic’ activist investor June 4, 2019 Transport giant First Group has hit back at an activist investor trying to oust six of its board members, describing it as an “opportunistic, self-interested player that is only focused on short-term gains”. In a searing attack First Group has slammed US hedge fund Coast Capital for its “scatter-gun, inconsistent and unusual proposals” and warned [...]
Intu appoints ex-Crest Nicholson exec as new finance chief June 4, 2019 Troubled retail operator Intu has appointed ex-Crest Nicholson finance chief Robert Allen as its new chief financial officer. Allen, who left the FTSE 250 housebuilder in 2018 after two years, will join Intu on Monday. Read more: JP Morgan downgrades shopping centre landlord Intu Interim finance chief Barbara Gibbs will resume her director of finance [...]
AO World extends losses as chief says ‘we can do better’ June 4, 2019 Electricals retailer AO World extended its losses in the 2018 financial year, its results showed today, as the firm’s earnings fell in Europe. Read more: AO World spends £15m on Brexit stockpiling as founder returns as CEO John Roberts, the chief executive who in January took back charge of the company he founded, said: “We [...]
It’s D-day for Schleck May 31, 2019 CYCLING: Front-runner Andy Schleck believes his battle with Albert Contador to win the Tour de France will be decided during today’s climb up Col de Tourmalet. Defending champion Contador holds an eight-second lead over the Luxembourg rider with four stages remaining, but Schleck said: “I believe the Tour will be decided on the Tourmalet – [...]
We need reform – but that does not make Marx right May 30, 2019 KARL Marx is not exactly back, but he is being mentioned far more frequently these days, and not just on the steps of St Paul’s. I was even asked recently (by an accountant whose pay probably put him in the UK’s top one per cent of earners) whether I thought that elevated levels of unemployment [...]