Quantas Airbus fleet “weeks away” from flying November 19, 2010 Qantas Airways likely faces several more weeks before its fleet of six Airbus A380s can return to service threatening to squeeze its capacity as it heads into the busy Christmas season. The delay also indicates Rolls-Royce will need more time than Qantas expected to resolve the engine issue, which led to a November 4 oil [...]
SELLING November 18, 2010 MANAGING DIRECTOR, PROPERTY HUNT Q.Dear Russell, what can I do to increase the value of my property? A.There are very simple and obvious things that can be done to improve the value of a property but it is amazing how often people forget them. For example, it will not help the value of your property [...]
Halfords refinances as earnings drive forward November 18, 2010 HALFORDS said yesterday it had refinanced its debt arrangements as it posted a rise in first half profit. The cycle and car parts retailer saw pre-tax profit rise 12.8 per cent in the six months to 1 October. Halfords said it had grown its market share in its more expensive cycles range as more people [...]
John Lewis in sales surge as Xmas nears November 18, 2010 JOHN Lewis said sales had risen by 11.3 per cent over the last four days – driven by a strong performance from fashion and helped by the colder weather. The department store said the week had begun well as consumers started thinking about buying Christmas gifts. Lesley Ballantyne, John Lewis director of operational development said: [...]
Tube boss vows to fight unions in a bid to modernise the network November 17, 2010 TUBE boss Mike Brown vowed not to back down in his long-running dispute with unions over his plans to cut 800 ticket office jobs. “I want staff to be more flexible, I make no apology for that,” said the London Underground managing director. “We will not run a service that is stuck in the 1960s. [...]
BETWEEN MURDOCH AND A VERY HARD PLACE November 17, 2010 FINALLY! A chance for harried BSkyB chief executive Jeremy Darroch to let his hair down: the Sky Christmas party – or “Winter Reception” – invites have been issued, the balloons blown up, the goose cooked. And it will be a well-deserved rest. The Capitalist hears that Darroch has had a stressful few weeks in the [...]
Securitas eyes new UK deals November 17, 2010 THE chief executive of Securitas, one of the world’s largest security companies, is warning that the global threat posed by terrorism is escalating while vigilance at airports means travellers will have to pay the price with longer queues. The company Alf Goransson leads provides security at four airports in the UK, including Liverpool and the [...]
The Tube boss who is battling to rebuild the world’s oldest network November 17, 2010 It has been a tough few months for the new managing director of London Underground. Mike Brown, a company veteran who returned in March, faces his fourth strike over the axing of ticket office jobs in a matter of weeks. Tube unions RMT and the Transport Salaried Staffs’ Association say getting rid of 800 ticket [...]
Modest rise in number of City roles in October November 16, 2010 THE City’s financial services sector saw a five per cent rise in the number of jobs created last month to 4,977, a survey will say today. The Morgan McKinley London Employment Monitor claims job availability also increased by 13 per cent year-on-year. The number of professionals looking for new roles in the City last month [...]
IRISH BOW OUT OF POWERSCOURT BASH AS DUBLIN FENDS OFF EU AID November 16, 2010 CITY comunications advisory Powerscourt last night held its annual bash in Paramount, the 31st-floor bar of Centrepoint, but there were a few old favourites missing from the crowd. CEO Rory Godson, originally from Ireland, said he could only pass on his apologies from his Irish chums: “Our friends in Dublin have stayed at home to [...]