Amazon keeps lion’s share of UK market July 23, 2012 ONLINE retail giant Amazon has built up its spot at the top of the UK entertainment market, largely at the expense of supermarket rivals and specialists like HMV, according to research published yesterday. Kantar Worldpanel figures for the 12 weeks to 10 June show that Amazon strengthened its market share by 3.2 percentage points, boosted [...]
ROTHSCHILD SHORTLISTED FOR PROPERTY GONG July 22, 2012 ROTHSCHILD’S new office block has been shortlisted for a prestigious Royal Institute of British Architects Sterling Prize. New Court, designed by OMA with Allies and Morrison and completed last year, has picked up plaudits for opening up views of Wren’s St Stephen Walbrook church and showing off the bank’s art collection within its walls. But [...]
Stoute will be over the Moon to win his sixth King George July 19, 2012 TOMORROW’S Group One highlight, and next round of the QIPCO British Champions Series, the King George VΙ and Queen Elizabeth Stakes (4.35pm), is one of the most prestigious middle-distance races in the calendar and the Ascot showpiece is often the first time the Classic generation step up and meet their older counterparts. Although there is [...]
Budget grocers up market slice July 17, 2012 BUDGET supermarket chains Aldi and Lidl have raised their market share again, new figures showed yesterday. The latest Kantar Worldpanel survey revealed that Lidl and Aldi have 2.9 per cent each of the UK market, a record for the budget chains, which have been catching their rivals as austerity bites. Among the big four grocers, [...]
BEST of the BROKERS July 3, 2012 BTG Merchant Securities has initiated coverage of the speciality healthcare group with a “buy” rating and a target price of 490p, seeing what it calls a tantalising growth story after three development and distribution companies were combined to produce two direct sales operations. As a result the broker is forecasting a significant increase in revenues [...]
Pwc’s PARTNERSHIP: the new recruits June 28, 2012 TAX Fiona Camenzuli Dean Farthing Ben Flockton Janette Jones Scott Lindsay Philip Martinos Tim McCann Darrel Poletyllo Lucy Redding Lachlan Roos Ben Wilkins Paul Wolstenholme ADVISORY Mark Anderson Antony Cook Jeff Ford Celine Herweijer John Lyons Edward Macnamara Richard Major David Morris Brendan O’Driscoll Neil O’Keeffe Will Richardson Dan Stott Jeremy Webb ASSURANCE Lee Clarke [...]
Olazabal and Montgomery out in the Open June 25, 2012 RYDER Cup captain Jose Maria Olazabal and Scotsman Colin Montgomerie missed out on qualification for the Open Championship last night at Sunningdale, where England’s Sam Walker succeeded in qualifying for the first time. Montgomerie, who could yet reach the Open by finishing within the top five at either the French or Scottish Opens, hit just [...]
Morrisons’ finance chief checks out in surprise supermarket exit June 25, 2012 BRITAIN’S fourth biggest grocer Wm Morrison Supermarkets said group finance director Richard Pennycook will leave the business next June after eight years at the firm. The grocer said yesterday that Pennycook had informed the board he would concentrate on building “a portfolio career”. “I feel that it’s the right time to seek new challenges,” he [...]
Commodity shares and banks pull FTSE below important 5,500 mark June 25, 2012 WEAKNESS in commodity stocks and banks pulled Britain’s top shares lower yesterday, extending last week’s drop as investor appetite for riskier assets was curbed by global growth and Eurozone debt worries ahead of a summit of European leaders. The FTSE 100 index was down 25.73 points, or 0.5 per cent, at 5,487.96, dropping back though [...]
Banks and miners peg FTSE back June 25, 2012 Miners and banks led the FTSE 100 lower in early trading as fears over stalling global growth took their toll. With the grim scene in the Eurozone still casting a shadow investors were shying away from riskier assets. Spain today formally requested a bailout loan for its banking sector from its eurozone partners. The loan [...]