Selfridges profit boosted November 7, 2010 UPMARKET department store Selfridges broke through the £100m profit level last year as wealthy tourists kept the tills ringing. Figures due to be filed at Companies House this week will show a trading profit of £107m for last year, which was the store’s 100th year of trading. The figures are up 21 per cent from [...]
Carroll header causes home discomfort for sorry Arsenal November 7, 2010 ARSENAL(0) v/s NEWCASTLE UNITED(1) MANAGER Arsene Wenger admits he fears for Arsenal’s home form after Newcastle inflicted his side’s second defeat at the Emirates in four games, dealing the 10-man Gunners’ Premier League title hopes a shuddering blow. Wenger’s team failed to recover from Andy Carroll’s towering header on the stroke of half-time, meaning Newcastle [...]
Growth in China on the cards at Boots November 7, 2010 HIGH STREET health and beauty retailer Boots hopes to make headway in China when its executive chairman travels to the country as part of David Cameron’s first official visit as Prime Minister. Stefano Pessina has reportedly organised talks with potential partners in Beijing and Shanghai while he is in the country, as part of a [...]
City bounce back but Balotelli’s heroics tainted November 7, 2010 WEST BROM(0) v/s MANCHESTER CITY(2) MANCHESTER CITY manager Roberto Mancini raged at referee Lee Probert for sending off Mario Balotelli after the two-goal striker’s afternoon was soured by a red card. Balotelli, a £24m summer signing from Inter Milan, scored his first Premier League goals for his new club to ease the pressure on Mancini [...]
Captain Strauss gets Ashes campaign off to flying start November 7, 2010 AN UNBEATEN century from captain Andrew Strauss helped England to a momentum building six-wicket win over Western Australia. England’s senior players had made public their desire to win all three of their pre-Ashes warm-up matches ahead of the first Test in Brisbane later this month. But a victorious start looked unlikely until the hosts lost [...]
Westwood remains No1 despite Molinari victory November 7, 2010 ITALIAN Francesco Molinari denied Lee Westwood the perfect end to his perfect week by winning the HSBC Champions in Shanghai by one shot. Molinari held a single shot lead going into the final day and a fourth round 67 was enough to fend off Westwood, who this time last week was celebrating becoming world No1. [...]
UK listed companies are failing on green policies November 7, 2010 UK-LISTED companies are failing to follow guidelines on how they monitor their carbon footprint, according to Deloitte. The business advisory firm’s survey of 100 companies revealed that none were adequately addressing the environmental impact of their operations. Only 37 per cent provide statistics on how much pollution they were creating, while only one in five [...]
SOCGEN STRATEGIST PUTS ASIDE HIS SHAME TO FLEX FOOTY MUSCLE November 7, 2010 THERE’S been some glowering across the desks over at SocGen, where a divergence in the viewpoints of European economists Albert Edwards and Dylan Grice last week played out via email to their amused army of readers. Edwards, in a note playfully entitled “Shame on you, Dylan Grice”, defended his own perma-bearish “Ice Age” view on [...]
Matrix splashes £5m on stake in headhunter RDL November 7, 2010 BUYOUT specialist Matrix Private Equity Partners (MPEP) is to splash £5m on an invesment in RDL Corporation, a European recruiting firm specialising in the pharmaceutical and IT sectors. MPEP will be taking a minority stake in the firm that will see one of its partners, Iain Livingston, take over as chairman of RDL. The Woking [...]
Luxury names sign for One Hyde Park November 7, 2010 OPULENT brands Rolex and Chanel are on the verge of signing a deal to take the final two shops at One Hyde Park, the £1bn London development by Nick and Christian Candy. British watchmaker Rolex is believed to have signed for the second retail space in the development, which is slated as London’s most expensive [...]