‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Ferrexpo ‘closely monitoring’ situation after Ukraine bids to put boss on wanted list October 14, 2019 Directors at mining giant Ferrexpo this morning said they are “closely monitoring” a Ukrainian bid to put their chief executive on the international wanted list. Prosecutors named Kostyantin Zhevago as a suspect in absentia, after he allegedly failed to turn up for questioning about his former company. Over the weekend, Ferrexpo sources declined to say [...]
Laura Ashley shares plunge as finance chief steps down after two decades October 14, 2019 Laura Ashley’s share price plunged more than 26 per cent this morning after the retailer announced its finance director Sean Anglim has stepped down after more than two decades at the firm. Anglim, who is also joint chief operating officer, will be replaced by Sagar Mavani, the company announced today. Read more: Laura Ashley drops [...]
Julian Dunkerton to stay on as Superdry CEO until April 2021 October 14, 2019 British fashion brand Superdry has said co-founder Julian Dunkerton will stay on as chief executive officer until April 2021. Dunkerton has been interim CEO since April this year, after very narrowly winning a crunch shareholder vote with a pledge to turn the struggling retailer around. In July Superdry fell to a £85.4m loss, from a [...]
City Moves for 14 October – Who’s switching jobs at Trident Resources, Mazars and Hymans Robertson? October 14, 2019 Today’s City Moves includes Trident Resources, Mazars and Hymans Robertson Trident Resources Adam Davidson has been appointed director and chief executive officer of Trident Resources, the investment vehicle formed to identify, assess and acquire near term mining development and production assets. Adam joins the board of directors with over 10 years of experience in the [...]
Uber challenger Bolt launches XL vehicle category in London October 14, 2019 Ride-hailing app Bolt is launching a new XL category of vehicles – with space for up to six passengers – in London today, in a bid to compete with rival Uber in its biggest European market. Bolt, which launched in London in June, is hoping its expanded offering, coupled with its comparatively low prices, will [...]
If you care about the kids, there’s no excuse not to legalise cannabis October 14, 2019 If we have the chance to reduce harm, we should take it. That idea – harm reduction – lies behind much of what any government seeks to do. It is an uncontroversial principle. Yet there is a key area of government policy which does not abide by it: drugs. Our government’s approach is to pursue [...]
In defence of my friend Dominic Cummings October 14, 2019 Everyone of a certain age who worked in New York or Washington has a 9/11 story; mine concerns Dominic Cummings. It was sometime early in the afternoon of the unforgettable, nightmarish day. Three planes had already slammed into the World Trade Centre Buildings and the Pentagon, inflicting their awful havoc. A fourth plane had been [...]
DEBATE: Are great startups always about having a great idea? October 14, 2019 Are great startups always about having a great idea? Lily Covington, senior strategist at commercial strategy firm Cruxy & Co., says YES. Marketing guru and Silicon Valley mastermind Guy Kawasaki famously said “ideas are easy, implementation is hard”. But while ideas may be easy, truly great ideas are anything but. In the fast-paced and saturated [...]
It’s up to businesses to make sure no one gets left behind in the digital revolution October 14, 2019 The digitisation of the global economy is transforming the way we communicate, work and live. Today, you can transfer money to the other side of the world in the blink of an eye, pay for a coffee by tapping your phone, and open a bank account in minutes. The startling growth of the UK’s innovative [...]
CFOs prioritise cost-cutting as uncertainty bites October 14, 2019 Finance chiefs are tightening their belts in an effort to weather the mounting storm of economic uncertainty. More than half of the UK’s most senior chief financial officers (CFO) are focusing on cost-control as a strong priority, marking the highest level since the end of the financial crash. Read more: Businesses can do more to [...]