How to invest in a new dawn for UK privatisation September 17, 2013 But Lloyds and Royal Mail may not match past successes, writes Liam Ward-Proud AN AUTUMN of privatisation is underway. This week, the government sold a 6 per cent stake in Lloyds to institutional investors, with plans to extend the sale to the public currently under consideration. At a price of 75p a share, the sale [...]
Property firm of the year September 10, 2013 This year has seen a marked change in the property industry. Developers are more upbeat and construction activity in central London has more than trebled since activity reached a low in mid-2010. Here are our pick of developers that have been leading the activity in the market and setting the scene for what should be [...]
Any Other Business – 11/09 September 10, 2013 BT chief executive Ian Livingston served his last day at the telecoms giant yesterday, though he won’t be hanging up on the company just yet. The Capitalist hears that the Caledonian chief will be on hand to advise Gavin Patterson, his replacement in the hot seat, until November. Lord Livingston will no doubt continue to [...]
What the other papers say this morning – 06 September 2013 September 5, 2013 FINANCIAL TIMES Acxiom under transparency fire An effort to bring transparency to the shadowy world of consumer data brokers has backfired, as privacy advocates slam industry leader Acxiom for a new service that for the first time lets consumers glimpse what it knows about them. “Secrecy is never a good strategy,” Scott Howe, chief executive [...]
Bale: Waiting for Real mega deal was very stressful September 4, 2013 WORLD’S most expensive player Gareth Bale says he has endured a “very stressful” summer waiting for Tottenham to agree his £86m sale to Real Madrid. The Wales forward, who now earns £300,000 per week at the Spanish club, admits he grew frustrated by Spurs chairman Daniel Levy’s refusal to sign off the deal. Bale angered [...]
Football’s big spenders get ready for a final day’s shopping September 1, 2013 THE countdown to the football transfer deadline, which is at 23.00 tonight, promises much in terms of excitement and intrigue. Fuelled by a massive increase in broadcast revenues – Premier League clubs will share out £1.6bn, compared to £1.06bn last year – the country’s wealthiest owners are falling over each other to add to their [...]
G4S hires finance chief as its new boss gives interim report August 27, 2013 TROUBLED security firm G4s has hired Himanshu Raja as chief financial officer ahead of new boss Ashley Almanza’s presentation of half-year results today. Raja, who is quitting his role as CFO at Misys after only six months, has previously held senior roles at BT Group and Logica. He is set to join as G4S on [...]
September start for new BT chief August 20, 2013 BT’s incoming chief executive Gavin Patterson will formally take up the role on 10 September, the telecoms giant confirmed yesterday. Patterson, who heads the group’s retail business, will replace Ian Livingston, who is stepping down after five years to take a role in government as minister of state for trade and investment.
Letters to the editor – 21/08 – Sport competition, Best of Twitter August 20, 2013 Sport competition [Re: BT Sport has a mountain to climb in its bid to beat BSkyB, yesterday] David Hellier raises some interesting points about how consumers are buying converged TV, broadband and telephony packages. However, he misses two main points: BT is not looking to topple Sky Sports, and Sky TV customers can get BT Sport [...]
BT confirms chief executive handover date August 20, 2013 BT has confirmed the leaving date for current chief executive Ian Livingstone as 10 September 2013 following a board meeting scheduled for that day. Gavin Patterson, whose appointment was announced on 19 June this year, will immediately succeed Livingstone as head of the company. Patterson has served as chief executive of BT Retail and as [...]