Post Office boss Nick Read to step down next year as successor named September 18, 2024 Post Office chief executive Nick Read will step down from the role in March next year, the company has announced. Neil Brocklehurst, the current interim chief operating officer, is expected to replace Read, who temporarily stepped back from the role in July to give his “entire attention” to the Horizon scandal inquiry. At the time, [...]
Mohsin Issa to step away from Asda as search for CEO continues September 18, 2024 Supermarket giant Asda has announced that Mohsin Issa will step away from his executive leadership role to focus on his position as sole chief executive of petrol forecourts business, EG Group. Lord Stuart Rose will assume Mohsin’s responsibilities alongside TDR Capital partner Rob Hattrell, the Leeds-headquartered grocer said, while Mohsin Issa will remain a co-owner [...]
Inflation stays at 2.2 per cent ahead of Bank of England’s interest rate decision September 18, 2024 The figures come a day before the Bank of England will announce its latest decision on interest rates.
The Notebook: Investors pile into ISAs ahead of touted capital gains tax raid September 18, 2024 Investors spooked by the rumoured hike in capital gains tax are piling into ISAs, writes Interactive Investor's Myron Jobson.
Fortune publishes inaugural LGBTQ+ leaders list featuring six UK executives September 18, 2024 António Simões, boss at Legal & General, was the highest ranking business leader among UK executives, coming seventh on the overall list.
UK bank compensation scheme faces leadership vacuum after recruitment delays September 18, 2024 The institution that protects government-guaranteed deposits in failed banks is facing questions over its future leadership after multiple setbacks to recruiting a new chair and permanent chief executive, City A.M. can reveal.
Cut beer duty by five per cent to create 12,000 jobs, pubs urge Chancellor September 18, 2024 Cutting beer duty by five per cent could create up to 12,000 jobs, a beer and pub association has urged the Chancellor ahead of next month’s Budget. The brewery and hospitality industries are urging the government to continue supporting them to invest and maintain the 1,040,000 jobs across the sector. Jobs could be at risk [...]
Ireland confirm replacement for British and Irish Lions coach Farrell September 17, 2024 Simon Easterby will take charge of Ireland’s rugby union team while Andy Farrell is away coaching the British and Irish Lions. Farrell will lead the touring side to Australia next summer for a three-Test series against the Wallabies. It means he will not be able to lead Ireland in the 2025 Guinness Six Nations, where [...]
Mahmood set for ODI recall as Zampa resigned to Test absence September 17, 2024 Pacer Saqib Mahmood could play his first ODI for England since March of last year after being included in an updated squad for the upcoming One-Day International series against Australia. The Lancashire bowler played against Australia in their drawn Twenty20 series earlier this month and will continue with the side in the 50-over format – [...]
Maverick can be punters’ Angel with Atzeni up September 17, 2024 WITH the popular Chinese Mid-Autumn Festival in full swing in Hong Kong, expect enthusiastic racegoers to pack Happy Valley to the rafters when racing gets underway with an exciting eight-race programme today. Former HK champion trainer Ricky Yiu got off the mark for the new season, when welcoming impressive Sunlight Power into the winners’ circle [...]