Marks & Spencer leading the FTSE losers: Why clothing boss John Dixon’s departure gives M&S two major headaches July 17, 2015 Marks & Spencer is leading the FTSE 100 losers this morning, after it confirmed its executive director of general merchandise John Dixon had quit. M&S' share price opened down, and has continued to tumble throughout early trading. At pixel time, itwas down 1.3 per cent. When Dixon took up the role in [...]
Golf Comment: Spieth’s no Open and shut case July 14, 2015 THERE’S no question who the favourite is for the Open Championship, but there is very good reason to doubt that Jordan Spieth will be able to complete the third leg of a Majors grand slam at St Andrews this week. Yes, Spieth is on the crest of a wave. His recovery from a bad first [...]
July Budget 2015: Living wage bill hurts retailers and small firms July 8, 2015 Retail and hospitality industry insiders warned yesterday that their sectors face a huge rise in labour costs after a Tory pledge to introduce a minimum wage of £9 for over-25s by 2020. From April next year, businesses will be required to pay £7.20 per hour to workers over the age of 25, rising to [...]
Golf Comment: Rory McIlroy absence from the Open would be a major let-down July 6, 2015 An injury so close to the Open Championship is a player’s worst nightmare so I feel for Rory McIlroy. Read more: Kickabout ends McIlroy chances of defending the Open US Open and Masters winner Jordan Spieth has put him in the shade a little by winning the year’s first two Majors, and McIlroy would [...]
Paula Radcliffe searching for London’s speediest borough July 1, 2015 THINK you’re the speediest in Southwark? The quickest in Croydon? UK athlete and national treasure Paula Radcliffe is calling on residents from all 33 boroughs to sign up to the Morrison’s Great Newham London Run. Radcliffe wants Londoners to sign up to the 10km slog taking place in Queen Elizabeth Olympic Park in two weeks, [...]
City Moves for 2 July 2015 | Who’s switching jobs July 1, 2015 Baker Tilly The professional services firm has appointed Diane Gwilliam as head of capital markets. She has been at Baker Tilly for 14 years, and a corporate finance partner since 2008. Gwilliam takes over from Chilton Taylor, who is standing down but remaining as corporate finance partner with the firm. Lloyds Banking Group Simon Davies [...]
Great North Run creator Brendan Foster on his London race July 1, 2015 When we were runners, people used to laugh at you and shout at you in the streets and stuff,” chuckles Brendan Foster. “In a hotel you’d walk out the back door rather than the front to go for a run. People didn’t do it.” Decades later, it seems fair to say he has had the [...]
Tesco share price falls, sales slide as discounters march on ahead June 30, 2015 Tesco shares were dealt a blow yesterday, after industry figures revealed another slowdown in sales at the troubled supermarket chain – despite its recent efforts to turn itself around. Data from Kantar Worldpanel showed sales at Tesco fell by 1.3 per cent in the 12 weeks to 21 June, underperforming the overall grocery [...]
Tesco’s share price is falling on the back of Kantar figures showing sales are dropping again June 30, 2015 Tesco was the biggest loser on the FTSE 100 this morning, with the share price dropping like a stone after Kantar's latest market update. Sales at the troubled supermarket fell 1.3 per cent for the 12 weeks to 21st June – underperforming the sector average, which slipped back into a decline of 0.1 per [...]
Ocado targets international deals after beating profit expectation June 30, 2015 The figures Ocado delivered better-than-expected pre-tax profit of £7.2m in the first half of the year, amid reports the grocery delivery giant is closing in on a deal with an international retailer. Read more: Ocado's making robots that will help in the workplace Despite intense price competition in the UK's supermarket sector, Ocado enjoyed a 15.7 [...]