Asda chair calls for business tax relief amid historic inflation levels June 19, 2022 Retail grandee Stuart Rose has said the government was too slow to move on the cost of living crisis and historic levels of inflation. The Asda chair and former Marks & Spencer boss has urged ministers to help struggling households amid the “tough times.” Speaking on Aquis Exchange’s Full & Frank podcast, Rose said Asda [...]
Fresh Hope that Fellowes and Turner can win the Sandringham yet again June 16, 2022 TRAINERS are creatures of habit. They have certain races they target and Charlie Fellowes will be hoping he can continue his love affair with the Sandringham Stakes (5.00pm) this afternoon. Thanks Be gave the young handler his first Royal Ascot win in this race three years ago when ridden by Hayley Turner who was becoming [...]
Chiefofchiefs can prove he’s a very good Fellowes for Charlie and Jamie June 15, 2022 LADIES Day closes with the 30-runner Buckingham Palace Stakes (6.10pm) over seven furlongs, so if you’re still looking for a winner here then you’re in big trouble. William Haggas’ unbeaten Montassib is the potential Group horse in a handicap, but he’s drawn in stall one and that may well not be the place to be. [...]
From Ocado to Trustpilot and M&S to ITV: Value of dozens of FTSE giants down by a third since start of Ukraine war June 11, 2022 Nearly 50 companies in the FTSE 350 have seen their stock market values fall by at least a third since the start of the Ukraine crisis. The biggest fallers have been technology companies, new data shared exclusively with City A.M. shows today. Review website Trustpilot, which listed just over a year ago, has seen its [...]
Shock ruling: BBC Radio One DJ who abused vulnerable children sees jail term increased from 12 to 18 years June 10, 2022 Mark Page, a former Radio One DJ who arranged to have sex with vulnerable children in the Philippines, has had his jail term increased from 12 years to 18 years by Court of Appeal judges. Page, 63, who worked at the station in the 1980s, had been given a 12-year sentence by Judge Paul Watson [...]
Rowe has earned his money with the turnaround of Marks and Spencer June 7, 2022 Steve Rowe’s pay packet as he departs Marks and Spencer is, unsurprisingly, the subject of plenty of commentary. He’s walking into the sunset with £2.6m for his last year of work, a sum that set against an ongoing cost-of-living crisis in the rest of the economy will always raise eyebrows. Yet Rowe has earned every [...]
M&S bosses set to pocket £15m pay pot if bonus targets are hit June 7, 2022 Top bosses at Marks & Spencer could pocket some £15m in total if they achieve bonus targets, including a 50 per cent boost for the retailer’s share price. New CEO Stuart Machin is due to trouser a basic salary of £896,000, according to the supermarket’s annual report. Former boss Steve Row pocketed a salary of [...]
Struggling British chip shops beg Norway for more fish as prices are out of control due to Ukraine war June 6, 2022 British chip shops faced with surging costs plan to turn to Scandinavia and Norway in particular for help to keep prices “as under control as possible”. Chippies are battling rising energy bills along with increased costs of cooking oil, potatoes and fish due to Russia’s invasion of Ukraine. The president of the National Federation of [...]
Platinum Jubilee Reads: the best in our opinion pages on politics and the economy June 4, 2022 May was a weird month for Bitcoin – it included a price dip of 15 per cent weeks ago. Yet the cryptocurrency is not going away any time soon, and as Christian Keroles wrote at the beginning of the month, the UK should find a coherent approach to deal with it. The Chancellor could take [...]
Mr Big can Stuff his rivals in Epsom opener June 3, 2022 DERBY Day gets underway with the fiercely competitive looking three-year-old Cazoo handicap (2.00pm) with at least half a dozen contenders looking extremely well-treated. Top of my shortlist has to be the Richard Spencer-trained MR BIG STUFF, who looked a shade unlucky in last month’s London Gold Cup at Newbury. The son of Iffraaj has been raised [...]