This year’s hot sectors: risk and compliance September 21, 2011 WE’VE been told that the boom years are over. The fast-growth sectors of City employment have ground to a halt. New job opportunities will be fewer and far between. Well, that is unless you work in risk and compliance: the fallout from the credit crunch has given a new lease of life to these sticklers [...]
Top retailers lose out on £500m in online market September 18, 2011 SOME of the UK’s retail giants are missing out on millions in online sales as they fail to grasp the potential of new technology, a survey shows today. The UK’s best known brands were found to have squandered a potential £500m in sales between 2007 and 2010. According to research from Oxford Economics, supermarket giant [...]
History lives on in the City of Angels September 18, 2011 WELCOME to LA. Embrace the pain!” jokes leading man Scoot McNairy in the touching 2007 indie flick In Search Of A Midnight Kiss. McNairy’s character is a failed, lonely screenwriter trying to woo a failed, lonely actress (Sarah Simmonds) on a New Year’s Eve date. His poignant words echo around the famous Orpheum Theatre, a [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 12, 2011 FINANCIAL TIMES UNICREDIT CHIEF SIGNALS RIGHTS ISSUE TO INCREASE CAPITAL LEVELS UniCredit has given its clearest signal yet that it will seek to raise its capital buffers as market turmoil continues to hit European bank shares. In his first big interview since becoming chief a year ago Federico Ghizzoni told the Financial Times that details [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 11, 2011 FINANCIAL TIMES JPMORGAN CHIEF SAYS BANK RULES ‘ANTI-US’ New international bank capital rules are “anti-American” and the US should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, has said. In an interview with the Financial Times, Mr Dimon said he was supportive of forcing banks to [...]
Sports Direct says it will hit profit target September 7, 2011 SPORTS Direct, Britain’s biggest sporting goods retailer, said it would meet its year profit target even though it had to fork out a £2m success fee to golfer Darren Clarke for winning the Open Championship in July. Clarke wears the firm’s Dunlop brand. Sports Direct, controlled by Newcastle United owner Mike Ashley, said yesterday it [...]
Sports Direct profit slips from 2010 World Cup high September 7, 2011 Mike Ashley’s Sports Direct retailer saw profits slip nearly six per cent in the quarter to July 25 compared with a year ago, but still expects to meet its full year earnings target. Sports Direct said total sales rose 0.5 per cent to £410m while retail-only sales were up 0.8 per cent to £368m compared [...]
JUST THE TICKET August 29, 2011 Archery Venue: Royal Artillery Barracks Dates: Thursday 30 August – Wednesday 5 September 2012 Medal events: 9 Athletes: 140 (88 men, 52 women) Ticket prices: £5 to £10 Athletics Venues: Olympic Stadium (track and field events); The Mall (road events) Dates: Friday 31 August – Sunday 9 September 2012 Medal events: 170 Athletes: 1,100 (740 [...]
Blacks chairman steps down August 4, 2011 THE chairman of struggling outdoor goods retailer Blacks Leisure has quit a week after the firm’s largest investor, Sports Direct, voted against his reappointment at the annual shareholders’ meeting. Blacks Leisure, which runs the Blacks and Millets chains, said yesterday that David Bernstein (pictured), who is also chairman of England’s Football Association, had resigned as [...]
Blacks Leisure chairman resigns August 4, 2011 David Bernstein, the chairman of Blacks Leisure, has resigned a week after Sports Direct, the outdoor goods retailer’s largest investor, voted against his re-appointment at its annual shareholders’ meeting.