City Moves for 22 May – Who’s switching jobs at Neuro-Insight, Cushman & Wakefield and Airship? May 21, 2019 Today's City Moves include Neuro-Insight, Cushman & Wakefield and Airship. Neuro-Insight Neuro-Insight, a neuromarketing and neuroanalytics company that uses unique brain-imaging technology to measure how the brain responds to communications, has promoted Shazia Ginai to the role of UK chief executive. She will replace the current UK chief executive, Heather Andrew as she steps down [...]
Horse Racing: Dragonet set to lead good crew from Ballydoyle in Investec Derby May 21, 2019 DESPITE a sharp drift in the betting a few days ago casting major doubt over the participation of Aidan O’Brien’s ante post Investec Derby favourite Sir Dragonet, the latest report from the trainer suggests otherwise. Speaking at the annual Breakfast with the Stars event at Epsom Downs Racecourse yesterday, the six-time Derby-winning trainer far from [...]
BT’s brand value drops as new boss prepares image overhaul May 21, 2019 The value of telecoms giant BT’s brand slumped this year as new chief executive Philip Jansen prepares to overhaul the company’s image. BT dropped two rankings to 10th place this year as its brand value, which is calculated as the net economic benefit its owner would receive if it licensed the brand in the open [...]
Change UK has no hope when it comes to voters May 20, 2019 The Australian Labor Party enjoyed a lead in over 50 consecutive polls in the run-up to the weekend’s general election, confirming the experts’ expectations – that the Liberal Party was done for and its conservative leader Scott Morrison was out. In the end, the polls were all wrong and Morrison remains Australia’s Prime Minister. We should [...]
Australia prime minister claims shock win in country’s election as Labor’s Bill Shorten accepts defeat May 18, 2019 There looks set to be a shock result in the Australian general election as leader of the opposition Labor party, Bill Shorten, who was widely expected to win, has accepted defeat. The current ruling coalition is set to return to power, led by prime minister Scott Morrison, despite polls predicting he would lose. Read more: [...]
Ocado set to cut 400 jobs as it looks to rebuild Andover warehouse after fire May 17, 2019 Ocado has said it will slash as many as 400 jobs after a huge fire destroyed its distribution centre in Andover. The delivery firm’s flagship automated warehouse in Hampshire was razed to the ground in February after a three-day inferno. Read more: Waitrose outlines £1bn online shopping plan Ocado initially tried to find a suitable [...]
Morrisons fails to convince despite Ocado deal May 16, 2019 By Graeme Evans from interactive investor. It talks the talk, and a 6 per cent dividend yield is attractive, but can this £50 billion grocer walk the walk? Morrisons (LSE:MRW) offered more evidence of its "ever-improving shape" after a robust trading update and intriguing deal to re-write its online partnership with Ocado. While the supermarket's shares [...]
Arts and crafts store The Works plummets as profits take a hit in ‘successful’ year May 9, 2019 Investors were unimpressed with what The Works called a “successful” financial year, as shares plummeted by nearly a fifth as political uncertainty hit profits. Like-for-like sales growth has slowed in 2019, the company said, blaming “the widely reported economic and political uncertainty in the UK”. Read more: Growth slows at Morrisons amid political uncertainty Adjusted [...]
Morrisons records 14th quarter of growth despite hit from political uncertainty May 9, 2019 Morrisons took a hit from British political uncertainty in the first quarter of the financial year, it revealed today, as its sales growth slowed to put it behind major rival Tesco. Excluding fuel, like-for-like sales grew 2.3 per cent in the quarter, Morrisons said, a slowdown from 3.6 per cent in the first three months of [...]
Morrisons in City spotlight for first-quarter results May 6, 2019 Investors will be hoping Morrisons can replicate recently-improved trading results from its supermarket rivals later this week when it looks set to extend a long spell of like-for-like sales growth. Read more: Morrisons granted permission for Supreme Court appeal over data ruling Following a largely better-than-expected financial performance from both Sainsbury’s and Tesco in recent [...]