L&G secures big retail lettings November 20, 2012 Legal & General Property yesterday revealed it has secured Swedish retail giant H&M and restaurants Wasabi and Kim Chee Korean as tenants at its Covent Garden estate on the Strand. The group said it has also signed New Look, Pandora and Sports Direct to its Jackson Square shopping centre in Bishop’s Stortford, which it bought [...]
Matalan names Allan Leighton as its chairman October 16, 2012 FORMER Asda boss and Royal Mail chairman Allan Leighton is to join the board of Matalan as chairman, the discount fashion and homeware retailer said yesterday as it posted robust second quarter sales. The highly-regarded Leighton will replace John Mills, who has been in the role for six years and will now become deputy chairman. [...]
Living the charmed life July 25, 2012 Pandora Union Jack London Bus charm ‰ £40 ‰ pandora.net Pandora British Rose charm ‰ £40 ‰ pandora.net (£6 goes to ABF The Soldiers’ Charity) Pandora Murano glass charm ‰ £40 ‰ pandora.net Links 18ct Rose Gold Thumbprint Star Charm ‰ £310 ‰ linksoflondon.com Old Bond Street W1 charm ‰ £120 ‰ tiffany.co.uk Wimbledon Hat [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 19, 2012 FINANCIAL TIMES Hedge funds bet on Bunds sell-off as Eurozone woes weigh on Berlin Leading hedge fund managers are betting on a significant sell-off in German government bonds in the coming months after a sharp fall in yields on the debt paper driven by a flight to safety in the Eurozone. One small step for [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 23, 2012 FINANCIAL TIMES Web pioneer sues over iTunes A General Electric-owned company is squaring up to Apple in a Pennsylvania courtroom over whether its patents were infringed when Apple launched its iTunes platform. The case, which pits two of the US’s biggest companies against each other, is the latest in a string of high-profile patent disputes involving technology [...]
Facebook shares decline deflates internet banking star May 22, 2012 HOTSHOT Morgan Stanley banker Michael Grimes is the target of some angry finger pointing after Facebook’s share price fall since its debut on Friday. In many ways he shouldn’t be surprised. In the run-up to the float, Grimes was the subject of a number of press reports extolling his prominence in the technology sector, detailing [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 21, 2012 FINANCIAL TIMES OSBORNE URGED TO CUT TAXES ON BUSINESS George Osborne has come under renewed pressure from the Conservative right to cut business taxes and simplify labour laws in next month’s Budget. Liam Fox, the former defence secretary, called for urgent action to deal with the “true horror” of the government’s economic inheritance. PANDORA PLUNGES [...]
Angry Birds leads iPhone app boom as boss gets paid $376m January 9, 2012 FACEBOOK and the Angry Birds game were the most downloaded apps of 2011, Apple revealed yesterday, and the remaining eight of the top 10 were all games. Early last month Apple said its 2011 app downloads had smashed through the 100m mark. The technology giant’s chief executive Tim Cook received almost $1m (£646,700) in cash [...]
UK firms may face £1trn bill for pensions January 3, 2012 UK COMPANIES could be forced to pay an estimated £1 trillion of extra funds into their pension schemes if EU plans to regulate them in the same way as banks take effect, a leading actuary warned yesterday. Firms may have to push at least £600bn into their schemes under new proposals that aim to make [...]
German insurer set to test new issues market November 28, 2011 THERE is some positive news from Hannover, where Talanx Group, Germany’s third largest insurance entity, is considering a flotation. According to sources, there’s already been a beauty parade of potential advisers and a timetable should follow in short order. There’s one adviser in situ; Rothschild has been appointed to advise Talanx on the sale. The [...]