Dixons Carphone boss Sebastian James steals Retail Week Power List crown from Next’s Simon Wolfson June 26, 2015 Dixons Carphone chief executive Sebastian James has been crowned the most powerful person in British retailing, knocking Next's Simon Wolfson off the top spot. James has stolen the number one position in Retail Week's annual Power List, published today, for his work successfully merging the two retailers, creating a £10bn business that swooped into [...]
EU commissioner Günther Oettinger: Grexit “unavoidable” without a deal in next five days June 26, 2015 You could be forgiven for becoming increasingly sceptical about Greece's understanding of the word deadline but that's not stopping the EU from issuing another ultimatum. This time it's Germany's EU commissioner Günther Oettinger who has said Prime Minister Alexis Tsipras and team have five days to come up with a workable solution to avoid [...]
Tesco’s share price soars after reporting smallest decline in more than a year June 26, 2015 Tesco's share price climbed 3.6 per cent this morning as investors digested what appear to be the first signs of a turnaround under new chief executive Dave Lewis. The troubled supermarket has reported its smallest declines in more than a year, while volumes are up. The figures Tesco has stemmed its declines – group [...]
Afren chairman Egbert Imomah: This year has been “far from what we planned” June 25, 2015 This is the bleakest AGM statement we've seen in a while. Afren's chairman Egbert Imomah – whose departure was announced this morning – has detailed the series of problems that plagued the company last year, saying it had been “far from what we planned”. Imomah noted that the oil group was still recovering [...]
Man detained over Ryanair bomb hoax after authorities shut down Modlin airport June 25, 2015 A man has been detained over allegations he was responsible for a bomb hoax that caused chaos this morning. Flight FR7023 was due to take off from Modlin airport, near Warsaw when a call was made claiming there was an explosive device on board. The plane had been bound for Oslo. An emergency [...]
Ageing population: The UK’s average age has reached an all-time high as population grows at an above-average rate June 25, 2015 The UK is older than it has ever been before. Figures published today show the average age of the population now stands at 40 – the highest ever estimated. In 1974, the average person was a mere puppy, aged 33.9 years. Wales has the oldest population within the union at 42.1 years, while Northern [...]
Police hunting suspect in apparent acid attack in north London June 25, 2015 A commuter and a TfL employee were attacked by a man who threw a substance thought to be acid in their faces while on the London Overground. The female passenger and the male worker were attacked at South Tottenham, north London. Fellow travellers poured water on the pair, who were treated by the [...]
Debenhams share price edges up after reporting better than expected results June 25, 2015 Struggling department store Debenhams has had a better-than-expected quarter, but with the share price up just a notch it seems investors are still unsure. The figures Debenhams' like-for-likes were flat for the 15 weeks to 13th June, and up 0.9 per cent for the 41 weeks – ahead of analyst expectations of a decline [...]
Queen warns over “divided” Europe as Gauck commits to “constructive dialogue” over EU reform June 25, 2015 The Queen has warned that “division in Europe is dangerous”, prompting suggestions that she was warning about a possible Brexit. The comments came as a speech during the UK monarch's four-day state visit to Germany, made in front of German Chancellor Angela Merkel and Prime Minister David Cameron. The Queen, who must remain [...]
Standard Life to shut down Singapore arm June 25, 2015 Standard Life is closing its insurance business in Singapore, swallowing a £45m loss, it revealed today. The FTSE 100 company said the closure would go ahead subject to regulatory approvals, but that it was now no longer accepting new applications or contributions to existing plans. Customers in Singapore will be contacted with an [...]
