Poundstretcher to open in Dubai April 16, 2012 Poundstretcher is to launch its first store outside of the UK in Dubai as the value retailer embarks on an ambitious expansion strategy. The store, which will open next month is reported to be the first of a number of stores planned for the Middle East.
Former Spurs player sets up financial firm April 16, 2012 HE made his name in Britain as a central defender for Tottenham Hotspur at the end of the 1990s. Now, however, Ramon Vega is operating in one of the few other industries where you have a chance to pick up Premier League wages. He set up Vega Swiss Asset Management in Park Lane after a [...]
Welcome, ian hannam.com April 16, 2012 IAN Hannam, one of the City’s most prolific deal-makers, has just created his own website as he prepares to fight the Financial Services Authority over its decision to fine him for a market abuse charge. The site has been developed by Hannam’s public relations advisers at Maitland, who think it will be an important plank [...]
SCALING THE HEIGHTS April 16, 2012 ADVENTURE seekers are required to abseil 230ft from the top of 50 Bank Street in Canary Wharf to raise money for Scope, the disability support charity. Organisers say that no prior experience is necessary because there will be fully qualified instructors on hand on the weekend of 5 and 6 May. Call 020 7619 7270 [...]
Fortnum and Mason’s chief Aspinall quits April 16, 2012 FORTNUM AND MASON’S chief executive is to step down after seven years at the helm of the Queen’s grocer “to pursue new challenges.” Retail veteran Beverley Aspinall will leave her post at the world-famous food emporium, at the end of May, the company said in a statement. Aspinall, 52, who joined the luxury retailer in [...]
Gatwick traffic up in March but halted yesterday after plane fire April 16, 2012 GATWICK Airport yesterday cheered March traffic growth of 3.9 per cent on last year, with the rising popularity of low-cost carriers helping to boost its figures. London’s second biggest airport said an earlier Easter coupled with a boom in cheap short-haul routes had helped increase traffic. More than 2.5m passengers passed through Gatwick in March, [...]
BREIVIK TRIAL BEGINS April 16, 2012 The Norwegian far-right gunman who massacred 77 people last summer gave a clenched-fist salute, smirked at the court and pleaded not guilty on the first day of his murder trial yesterday. Anders Behring Breivik, 33, has said he acted in defence of his country by setting off a car bomb that killed eight people in [...]
Johnston Press looks to the web April 16, 2012 Local media group Johnston Press said yesterday its 170 paid-for newspapers will become “platform-neutral” in a bid to make money from online operations. New chief executive Ashley Highfield aims to relaunch the titles, with many of its daily papers moving to a weekly schedule. Last week Johnston put the editors of the Yorkshire Post and [...]
DMGT gets Zoopla deal approval April 16, 2012 Daily Mail General Trust subsidiary A&N Media bought jobs website Jobrapido for €30m (£24.7m) yesterday in a bid to expand its online advertising business. The news comes as the merger between A&N’s Digital Property Group and real estate website Zoopla was cleared by the Office of Fair Trading.
Splunk hikes up pricing for IPO April 16, 2012 Data software company Splunk has raised the expected price range for its initial public offering of 13.5m shares to between $11 and $13 apiece, valuing the firm at $1.2bn. It had previously expected the shares to be sold at up to $10 each.