Grant Thornton lags the Big Four November 19, 2009 GRANT THORNTON saw turnover fall four per cent over the past financial year as profit per partner dived nearly 20 per cent on costs related to its troublesome merger with rival Robson Rhodes. The fifth-biggest accountancy partnership said revenue fell 4.1 per cent to £378.2m in the year to 30 June. Chief executive Scott Barnes [...]
Slump harms FTSE’s women November 19, 2009 THE number of women in the UK’s top boardrooms has been hit by the recession, according to a new report released yesterday. The Female FTSE Index and Report, published by Cranfield University School of Management, said there had been a “discouraging decline” in the number of FTSE 100 companies with female executive directors over the [...]
TNK-BP’s new boss unveiled November 19, 2009 OIL giant BP said the candidate proposed by its oligarch partners to lead their Russian joint venture, TNK-BP, had won out over BP’s candidate and that oligarch Mikhail Fridman would stay at the helm until 2011. BP and AAR, a consortium representing the billionaire co-owners, said Maxim Barsky, currently TNK-BP’s executive vice president for strategy [...]
Tesco pushes into broadband as drive beyond groceries continues November 19, 2009 TESCO has set its sights on capturing a bigger slice of the broadband and home phones market as part of a drive to increase revenues from more profitable non-grocery markets. The supermarket group said it had agreed a five-year deal with Cable & Wireless for the telecoms firm to supply it wholesale broadband services. This [...]
BEST OF THE BROKERS November 19, 2009 HUNTSWORTHKBC Peel upgraded Huntsworth to “buy,” after the firm said the economy in which it is trading is significantly better than at the turn of the year. The broker maintained its numbers, with a target price of 75p. While Huntsworth’s rebranding process well underway, the broker notes increased confidence in existing forecasts. DIMENSION DATAAltium Securities [...]
City Moves for 20 November 2009 | Who’s switching jobs November 19, 2009 Markel InternationalThe specialty property and casualty insurer has appointed Hugh Maltby to the new role of operations director, responsible for IT, underwriting support, procurement and premises. Maltby, who will be based in London, has over 20 years of experience in the industry, including 12 years at Brit Insurance. Prior to that, he worked as an [...]
WHY MAGIC KNICKERS RULE November 19, 2009 THERE are some fabulous sweater dresses around at the moment which are smart and cosy, easy and comfortable to wear, and which would be ideal for wearing to the office. However, for most women with a “normal” figure, lumps and bumps that you never even knew you had seem to appear as soon as you [...]
Back to BLACK November 19, 2009 AFEW years ago a friend of mine walked into a restaurant, only for the chap he was meeting to point at his shoes and gasp: “Brown!” For many in the City, shoes were traditionally black. “No brown in town”, was the catch-phrase. But in recent years, as dress-codes have relaxed, men have ditched their ties, [...]
OUT THIS WEEKEND November 19, 2009 FILMGLORIOUS 39 From director Stephen Poliakoff, a film about an British family on the eve of war. EXAMINED LIFE Documentary about contemporary philosophers in New York. CHRISTMAS IN WONDERLAND Festive family fun starring the late Patrick Swayze. DVDTERMINATOR: SALVATION Fourth in the franchise, with Christian Bale taking on the machines. MY SISTER’S KEEPER Tear-jerker starring [...]
Damon excels in portrait of a whisteblower November 19, 2009 FilmTHE INFORMANT!Cert: 12AMATT Damon plays a senior executive and whistleblower in the latest film from prolific director Steven Soderbergh (Ocean’s 11, Out of Sight). But this isn’t the kind of taut corporate thriller that’s become fashionable in Hollywood of late. That exclamation mark in the title makes it obvious that this isn’t a film that [...]
