WHAT THE OTHER PAPERS SAY THIS MORNING November 28, 2011 FINANCIAL TIMES LLOYDS SET TO EASE PRESSURE ON CHIEF Lloyds Banking Group is exploring ways to reduce the workload on António Horta-Osório, its chief executive, as it attempts to convince investors he will be able to make a successful comeback from a period of medical leave. The state-backed bank is considering fortifying the support around [...]
Intertek sees revenues rise 26 per cent November 16, 2011 BRITISH testing firm Intertek said its organic revenue in the year to date grew by eight per cent and it expected the diversity of its business would help it continue to achieve single digit growth against a backdrop of challenging economic conditions. Intertek, which tests products from toys and clothes to oil and renewable technology, [...]
Labour’s plan for business: Government should unite profit with social purpose November 9, 2011 WHEN private equity firm NPM Capital and the current management bought out a sleepy Dutch carpet manufacturer called Desso in 2007, they were seeking to do what all successful investors do: to find a gap in the market from which they could profit. And profit they have. Following the buy out, Desso’s market share rose [...]
Learning the language of leadership November 9, 2011 THE LANGUAGE OF LEADERS: CEOS ON COMMUNICATING TO INSPIRE, INFLUENCE AND ACHIEVE RESULTS BY KEVIN MURRAY Kogan Page I’VE been working in business communications for almost 40 years,” says Kevin Murray, the chairman of the Bell Pottinger Group. “I’ve worked with a lot of organisations and a lot of leaders. None were stupid, but some [...]
Markets slip as Italy debt crisis deepens November 9, 2011 Dramatic political changes at two of the Eurozone’s crisis-ridden economies initially boosted world stocks but markets went into reverse as it became clear that Italy’s debt woes were escalating. Italian Prime Minister Silvio Berlusconi said late yesterday that he would step down after parliament passes budget reforms. Greece, meanwhile, was working create a consensus government [...]
Unilever sales jump on higher prices November 3, 2011 CONSUMER goods giant Unilever beat expectations by posting a 7.8 per cent rise in third quarter revenues yesterday, after it hiked prices and saw strong growth in emerging markets. The Dove soaps and Hellmann’s mayonnaise group raised prices nearly six per cent while strong sales in emerging markets like India, Indonesia and Brazil helped offset [...]
FTSE weak as investors eye G20 November 3, 2011 The FTSE 100 tracked falls in Asia as leaders of the world’s biggest economies gathered in France for a G20 summit set to be dominated by the threat of Greece falling out of the Eurozone. The leaders of France and Germany, angered at Greece’s shock move to call a referendum on its latest bail-out plan [...]
THE WEEK AHEAD October 30, 2011 COMPANY NEWS ● Barclays announces today. It traces its origins back to 1690, when John Freame and Thomas Gould traded as goldsmith bankers in Lombard Street. Eagle eyes await results. ● Imperial Tobacco announces tomorrow. Its brands include Davidoff, West, Gauloises Blondes, Montecristo and Drum. It was created in 1901 through the amalgamation of thirteen [...]
Robertson joins the board of Hargreaves Lansdown October 3, 2011 INVESTMENT adviser Hargreaves Lansdown yesterday announced that British Retail Consortium (BRC) director general Stephen Robertson would be joining as a non-executive director. Robertson’s career has spanned 14 years on the boards of major UK retailers, including previous management roles with Mars, Unilever and Alberto-Culver. He also served for seven years as marketing director at B&Q [...]
Banks lead tentative FTSE recovery September 23, 2011 European markets made a tentative recovery this morning after world economic leaders promises to pile in liquidity if the dire state of equities did not pick up. There was carnage on global markets yesterday with commodities and shares driven down by fears over the Eurozone crisis and the spluttering US economy. Commodities also took a [...]