The financial A to Z of Scottish independence – CNBC Comment September 15, 2014 A new, independent Scotland might flummox a foreign visitor. So it’s lucky this financial A to Z has turned up – even if some say it’s a parody of the Better Together campaign. A: Alex – Scotland’s official unit of currency, though largely superseded by an informal bartering system, where one barrel of oil [...]
And the nominees are… September 7, 2014 TOMORROW: ACCOUNTANCY FIRM OF THE YEAR ALDI The German discounter has taken the British high street by storm. Aldi now has a 4.6 per cent share of the UK market, up more than one third in a year due to consumers choosing its quality and low prices over the more established retailers. It has even [...]
Queens Park Rangers’ £6bn west London revamp to create homes, jobs and a new stadium September 3, 2014 A vast area of west London looks set to undergo a massive regeneration programme that could see 24,000 homes being built and 55,000 new jobs created. Hundreds of acres of brownfield around Old Oak Common, near the site of Wormwood Scrubs prison, could be transformed as a result. The £6.2bn plan is being spearheaded by [...]
How to make the most of weekends August 18, 2014 Highly successful people seek inspiration, think long term and don’t waste the last 15 hours. It's tempting to imagine that successful businesspeople see the weekend as an extension of the working week – a time for catching up on emails, reading market reports and troubleshooting process documents. Not so, according to time management expert [...]
SSP share price rises as travel giant delivers jump in sales following IPO August 8, 2014 Food concessions giant SSP posted a 3.5 per cent rise in quarterly sales yesterday in its first set of results since floating last month. The group, which owns Upper Crust and also runs travel outlets for retailers such as Marks & Spencer and Starbucks, said like-for-like sales rose by 3.3 per cent in the three [...]
Rio Tinto chair Du Plessis to join SABMiller August 6, 2014 RIO TINTO’S chairman Jan du Plessis is set to take up the same role at brewing giant SABMiller next year, sparking criticism that he will not have time to fulfil his duties at the helm of both FTSE 100 firms. The mining giant said yesterday that Du Plessis would join the board of SABMiller from [...]
Next profits to speed ahead of M&S yet again July 29, 2014 CLOTHING chain Next yesterday hiked its full-year profit forecasts for the second time in three months after another strong quarter, placing it further in the lead against rival Marks & Spencer. The retailer, which has 700 stores in the UK and overseas, raised its pre-tax profit guidance for this year by £25m to between £775m [...]
Shapland is named Poundland chair in retail merry-go-round July 29, 2014 Poundland yesterday named Darren Shapland as its new chairman after losing its current boss to the troubled supermarket Morrisons in the latest round of retail musical chairs. Shapland joined the bargain chain’s board as a senior independent director ahead of its £750m float in March after a brief stint as chief executive of the flooring [...]
City Moves for 30 July 2014 | Who’s switching jobs July 29, 2014 Anthology David Clark has been appointed chief financial officer at the property developer, backed by Oaktree Capital Management. He joins from Mount Anvil, the specialist residential property developer, where he was group finance director. CityJet Patrick Lukan has been appointed chief commercial officer at the airline. He joins from Carlson Wagonlit Travel, where he was [...]
Tesco to splash £11m on Dave Lewis and Philip Clarke rescue operation July 21, 2014 Tesco will spend more than £1.8m on its new chief executive Dave Lewis but up to £9.6m on departing boss Philip Clarke as the supermarket puts its faith in the industry outsider to turn its sales around. Clarke’s shock departure and his replacement with Unilever’s president of personal care, who will start in October, comes [...]