TUI Travel sees demand rise May 19, 2009 TUI Travel, Europe’s biggest tour operator, yesterday boasted of a welcome hike in summer 2009 holiday sales despite the dire conditions facing consumers. The group said summer bookings have proved to be in-line with anticipated demand and also revealed it had fewer holidays left to sell than at this time last year. Chief executive Peter [...]
TUI Travel sees demand rise May 19, 2009 TUI Travel, Europe’s biggest tour operator, yesterday boasted of a welcome hike in summer 2009 holiday sales despite the dire conditions facing consumers. The group said summer bookings have proved to be in-line with anticipated demand and also revealed it had fewer holidays left to sell than at this time last year. Chief executive Peter [...]
Staff are less sensitive about fraud in downturn, says Ernst & Young May 19, 2009 FRAUDULENT business behaviours are becoming more acceptable as the recession worsens, an Ernst & Young survey suggested yesterday. The accountancy said of 2,200 workers in major firms across Europe half thought one or more unethical activities – such as giving a cash bribe to win work – was acceptable. There was even a significant minority [...]
Staff are less sensitive about fraud in downturn, says Ernst & Young May 19, 2009 FRAUDULENT business behaviours are becoming more acceptable as the recession worsens, an Ernst & Young survey suggested yesterday. The accountancy said of 2,200 workers in major firms across Europe half thought one or more unethical activities – such as giving a cash bribe to win work – was acceptable. There was even a significant minority [...]
ANALYST VIEWS: HOW BAD WERE M&S’ full year RESULTS? May 19, 2009 CAROLINE GULLIVER EXECUTION“The question is whether it can reverse market share losses in womenswear and food and turn the company into a credible international retailer with good growth prospects. Success is not guaranteed and the concern is that it will to cede more share to Next etc.” NICK BUBB PALI INTERNATIONAL“A dividend cut was priced [...]
ANALYST VIEWS: HOW BAD WERE M&S’ full year RESULTS? May 19, 2009 CAROLINE GULLIVER EXECUTION“The question is whether it can reverse market share losses in womenswear and food and turn the company into a credible international retailer with good growth prospects. Success is not guaranteed and the concern is that it will to cede more share to Next etc.” NICK BUBB PALI INTERNATIONAL“A dividend cut was priced [...]
ICAP in rude health after record profit May 19, 2009 THE world’s leading inter-dealer broker ICAP enjoyed record profits in 2008, it said yesterday, netting chief executive Michael Spencer £23.5m on his holding in the company. Pre-tax profit was up two per cent on the previous year, rising from £330m to £346m excluding one-off items, on the back of soaring revenues, which were up 23 [...]
ICAP in rude health after record profit May 19, 2009 THE world’s leading inter-dealer broker ICAP enjoyed record profits in 2008, it said yesterday, netting chief executive Michael Spencer £23.5m on his holding in the company. Pre-tax profit was up two per cent on the previous year, rising from £330m to £346m excluding one-off items, on the back of soaring revenues, which were up 23 [...]
Former WH Ireland directors make decision to exit quietly May 19, 2009 FORMER WH Ireland directors Laurie Beevers and David Youngman yesterday ended their public squabble with the stockbroking firm’s board by resigning from the company. Beevers and Youngman are thought to have decided to step down quietly in order to avoid a prolonged investigation into the events leading up to merger talks between WH Ireland and [...]
Former WH Ireland directors make decision to exit quietly May 19, 2009 FORMER WH Ireland directors Laurie Beevers and David Youngman yesterday ended their public squabble with the stockbroking firm’s board by resigning from the company. Beevers and Youngman are thought to have decided to step down quietly in order to avoid a prolonged investigation into the events leading up to merger talks between WH Ireland and [...]