Bottom Line: Group is right to hang onto its best assets August 29, 2013 THE COMPARISON that Niall Booker drew yesterday with the banking behemoths of the crisis years was stark – just like Lloyds and RBS, the Co-op’s banking arm has got itself into a mess, and it’s going to take years to get out. So with many months of pain ahead of them, it’s not difficult to [...]
Inflation falls at last – but the damage has already been done June 20, 2012 AT last, Britain’s inflation problem is abating. Prices are still increasing too quickly – inflation remains at 3.1 per cent on the retail price index and 2.8 per cent on the consumer price index, painful as wages are growing far less quickly. But the direction of travel is reassuring. The Bank of England – by [...]
Inflation falls at last – but the damage has already been done June 19, 2012 AT last, Britain’s inflation problem is abating. Prices are still increasing too quickly – inflation remains at 3.1 per cent on the retail price index and 2.8 per cent on the consumer price index, painful as wages are growing far less quickly. But the direction of travel is reassuring. The Bank of England – by [...]
CITY MOVES | WHO’S SWITCHING JOBS January 5, 2012 Plethora Solutions Holdings James Mellon has been appointed as a non-executive director of the urological products developer. Mellon started his career with GT Management, and later became the co-founder and managing director of Thornton Management (Asia), based in Hong Kong. He is also co-founder of Regent Pacific Group and Charlemagne Capital, chairman of Manx Financial [...]
CITY MOVES | WHO’S SWITCHING JOBS January 5, 2012 Plethora Solutions Holdings James Mellon has been appointed as a non-executive director of the urological products developer. Mellon started his career with GT Management, and later became the co-founder and managing director of Thornton Management (Asia), based in Hong Kong. He is also co-founder of Regent Pacific Group and Charlemagne Capital, chairman of Manx Financial [...]
Co-op chief concedes Lloyds deal is in doubt March 29, 2012 THE chief executive of the Co-operative Group has admitted its planned takeover of 632 Lloyds branches could collapse, but launched a fierce defence of the mutual’s ability to run a bank. Peter Marks said the Co-op will decide in “weeks rather than months” whether to go ahead with the £1bn-£1.5bn deal but declined to say [...]
Boots backs boss Hornby as sales jump November 3, 2009 ALLIANCE Boots, Britain’s biggest pharmacy chain, yesterday said that it was on track to beat current trading expectations after reporting a jump in sales at its Health & Beauty and wholesale divisions. Chief executive Andy Hornby, who formerly ran near-failed bank HBOS?and supermarket Asda, announced the good news as he unveiled his set of results [...]
Boots backs boss Hornby as sales jump November 3, 2009 ALLIANCE Boots, Britain’s biggest pharmacy chain, yesterday said that it was on track to beat current trading expectations after reporting a jump in sales at its Health & Beauty and wholesale divisions. Chief executive Andy Hornby, who formerly ran near-failed bank HBOS?and supermarket Asda, announced the good news as he unveiled his set of results [...]
CITY BOYS COME UP TRUMPS FOR SIR ALAN’S NEWEST APPRENTICE June 8, 2009 BEADY-eyed Apprentice followers may have noticed a bevy of City boys getting behind the camera last night for a cameo on the final episode of the show. Pelham PR’s Gavin Davis, Alisdair Haythornthwaite and Alex Walters appeared on screen, with Funsho Allu from insurer AIG and freelance hack Jack Dyson, to advise winner Yasmina on [...]