Supermarket wars: Growth at Co-op Food for first time in a year, as Tesco and Asda decline yet again July 28, 2015 The Co-Operative supermarket is back in growth for the first time in a year, as Sainsbury's reclaims its second place position in the sector. The sector experienced slight growth for the 12 weeks to 19 July, with sales up 0.8 per cent year on year – though this was generally experienced by the smaller [...]
David Cameron looks to City for new business advisory group with bosses from BP, EasyJet and Santander July 27, 2015 Prime Minister David Cameron has appointed a new slate of 19 City leaders to his business advisory group, including more than a dozen chief executives of UK blue chips. The chief executives of BP, Legal & General, EasyJet, Land Securities, the London Stock Exchange Group, Persimmon, Asda, ARM, Severn Trent and Rolls Royce all [...]
Golf Comment: Danny Willett’s European Masters win is sign of changing of English guard July 27, 2015 Danny Willett’s triumph at the European Masters on Sunday, his second win in eight months, was a great response to going close at the Open a week earlier, but it was also symptomatic of a wider trend. Read more: Willett hails his resilience after securing third Euro Tour success It was further evidence that [...]
Diesel prices to fall below petrol for the first time in 14 years as Morrisons cuts 2p off a litre July 20, 2015 The battle has just heated up on the front line of the supermarkets' price war, after Morrisons announced plans to cut 2p a litre off the price of diesel, meaning the cost of diesel will fall below petrol for the first time in 14 years. Read more: Has Morrisons put its darkest days behind it? Morrisons' [...]
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 [...]