M&S’s board still backs Marc Bolland but its patience will not last forever January 9, 2013 THIS was no ordinary trading statement. If Marc Bolland, the Marks & Spencer chief executive, had sold an item from his womenswear ranges last autumn every time the retailer’s advertising slogan had been parroted back at him, he’d have wiped the floor with the rest of the high street. Last night’s hastily-released quarterly trading update [...]
Birds Eye boss to step down January 7, 2013 MARTIN Glenn, the boss of Iglo Group, which includes Birds Eye foods, is quitting after six years running the company. The chief executive will leave in the next few months, Sky reported last night, after leading the company through the recession and austerity. Birds Eye products have done well in straitened times, as cash-strapped consumers [...]
Shareholder Executive chief in line for Energy department job January 7, 2013 THE chief executive of Shareholder Executive, the organisation that oversees the government’s billons of pounds of shareholdings in companies including Royal Mail, is to quit after five years at the helm. Stephen Lovegrove, who has presided over key deals such as the government’s £4.4bn sale of British Energy to EDF, is to leave his role [...]
Madrid might just be the best capital city you’ve never been to January 6, 2013 TO MOST Brits, Barcelona is the Spanish city. The whacky cathedral by Gaudi that isn’t finished almost 90 years after he died, “Barca” the only football team in the world that leads a debate on independence, Las Ramblas, F1, the list goes on. Yet to the Spanish, Madrid is their Capital, not just in name [...]
Hunt replaces Yates at Team Sky January 2, 2013 CYCLING: Team Sky have appointed Dan Hunt as their new sports director, replacing Sean Yates. Hunt, who led Great Britain to gold in the team pursuit at last year’s Olympics, was part of Team Sky in 2010, before leaving for British Cycling. He replaces Yates, who quit the sport in October after helping Bradley Wiggins [...]
There’s more to Nassau than relaxation and sun January 1, 2013 IN NASSAU, a red 1970 Gold Leaf Lotus Élan, zooms up the hill. A chequered flag waves and a yellow 1957 Ferrari 500 can be spotted up ahead, with a blue Aston Martin DB5 shimmering in the tropical sun in the distance. Someone who looks like Sean Connery is shaking hands with spectators. It could [...]
Orange tops complaints list after broadband hike December 18, 2012 A CONTROVERSIAL decision from mobile firm Orange to start charging some customers extra for its broadband service has seen complaints about the operator rocket, figures from industry watchdog Ofcom have revealed. The regulator’s data for the third quarter of the year, published yesterday, showed that Orange saw the highest level of complaints out of any [...]
Cycling reaps rewards of Wiggo as rugby and cricket funds fall December 17, 2012 SPORT England has announced large budget increases for cycling, triathlon and netball but cricket, tennis and rugby have suffered heavy cuts. The body will provide £493m to grassroots projects in 46 sports between 2013-17, with only 11 sports receiving less than in 2009-13. Cycling had a hugely successful year at London 2012 and most notably [...]
Free and unlimited Wi-Fi comes to the Square Mile for first time December 17, 2012 UNLIMITED and free Wi-Fi will be spread across the Square Mile from today, following a new deal signed between the City of London and Sky’s The Cloud service. The move – which will bring wireless internet to 400,000 people in the City – comes after a successful trial of the service during the Olympics. The [...]
Sky to bolster Now TV with Premier League December 17, 2012 SKY is set to bring Premier League football to its nascent Now TV streaming service in the coming weeks, raising the possibility of offering pay-per-view games. The broadcaster quietly began testing Sky Sports on the service last week, inviting customers to trial it ahead of a new year launch. Now TV has been active since [...]