Four great books to super-charge your brain in 2016 – we review the best from commodities to effective investing and The Big Short February 18, 2016 THE SECRET CLUB THAT RUNS THE WORLD by Katie Kelly Commodity prices have crashed, with everything from oil and metals to grains at multi-year lows. It seems like the end of the “commodity supercycle”, the post-millennium boom when prices of all base goods were soaring. But how did they become so expensive in the first place? [...]
Domino’s Pizza and Majestic Wines on the Christmas menu January 8, 2014 BRITONS are indulging in fine wine and takeaway pizzas, according to Majestic and Domino’s pizza who both reported strong sales growth yesterday. Majestic’s chief executive Steve Lewis said demand for wines worth over £20 soared over the 10 weeks to 6 January, helping to boost sales at stores open more than a year by 2.8 [...]
US corporate results round up October 14, 2014 WELLS FARGO GETS MORTGAGE BANKING BOOST Wells Fargo reported a 1.7 per cent rise in third-quarter profit yesterday, helped by a slight increase in income at its mortgage banking unit which had been a big drag on results for much of the past year. The fourth-largest US bank’s net income applicable to common shareholders rose [...]
All change at the top as trio of firms shuffle executives September 8, 2014 BERKELEY GROUP | FINANCE CHIEF EXITS Berkeley Group yesterday said finance director Nick Simpkin had left the board with immediate effect after five years in the role. Ben Marks, financial controller, who has been with group for 10 years will be working closely with Rob Perrins, group managing director, to manage financial function pending recruitment [...]
Saga poaches Domino’s Pizza boss Batchelor December 9, 2013 PRIVATE equity-backed insurer Saga yesterday named Domino’s Pizza boss Lance Batchelor as its new chief executive. Batchelor, a former Royal Navy submarine officer and Domino’s chief executive since December 2011, will leave the fast food chain in April to join Saga, almost four years after he first joined Domino’s as a non-executive director. Batchelor’s departure [...]
London Report: Housing market stalls and GDP is re-evaluated September 28, 2014 HOUSING data showing fewer mortgage approvals and only modest price increases looks set to show that the UK’s booming property market is finally slowing. Bank of England figures out today are forecast to show that mortgage approvals fell to 66,000 in August from 66,569 in July and 67,085 in June. The numbers are well below [...]
How the World Cup’s creating 1,300 jobs via 56m slices of pizza May 19, 2014 If you’re watching the beautiful game, a few slices of pizza may well add to the experience. And with the Brazil World Cup just around the corner, Domino’s Pizza UK has just kicked off a new recruiting drive, to deal with the extra 6m pizzas it reckons it’ll be delivering over the period. The high [...]
London Report: Home lending up but rise in UK prices is slowing July 27, 2014 MORTGAGE approvals figures appear likely to show the housing market is moving again, after tough new MMR loan tests slowed lending figures. However, house price data due on Thursday suggests prices may not be soaring as much as earlier this year. They are expected to have risen 0.5 per cent month-on-month in July – the [...]
Domino’s Pizza keeps baking strong UK sales October 2, 2013 SHARES in Domino’s Pizza jumped nearly four per cent yesterday after it posted a rise in third quarter underlying sales and said its German expansion plans are back on track. The chain said despite the hot weather, like-for-like sales across its 669 mature UK stores rose four per cent over the 13 weeks to 29 [...]
London Report: Mortgage lending data to shine light on housing boom March 30, 2014 MORTGAGE approval data for February, due out today, are likely to highlight more growth in the heated housing market. The figures will be closely watched after the Bank of England last week warned some borrowers may be overstretching themselves in the current fast-moving market. Purchasing Managers’ Index (PMI) data for manufacturing, construction and services published [...]