Mourinho puts faith in Made in Chelsea youth December 9, 2014 CHELSEA manager Jose Mourinho insists the club are on the threshold of a productive new era of youth development and that the first fruits will be on display tonight against Sporting Lisbon. Mourinho plans to hand midfielder Ruben Loftus-Cheek, 18, a first-team debut in an experimental side shorn of John Terry, Eden Hazard and Willian, [...]
Amazon sales growth halves February 3, 2014 AMAZON’S sales only grew by 12.6 per cent to £4.5bn in the UK last year, a slowdown from its previous growth of 21 per cent in 2011 and 2012. The online retailer’s UK sales rose by around $800m compared to sales a year earlier, but came in under 2012’s rise of $1bn and 2011’s $1.4bn. [...]
British manufacturing’s long decline could be about to end March 11, 2014 ROSS Perot, as a US presidential candidate in 1992, infamously decried “the giant sucking sound” of jobs being exported abroad as a result of free trade. It was populist nonsense, of course. Trade creates far more jobs than it destroys – and London’s high value added economy wouldn’t exist without it. That so many low [...]
Connecting talent: ING Discerning Eye Exhibition opens at The Mall Galleries November 12, 2014 The work of budding artists from around the UK hangs alongside that of internationally recognised names at this year’s ING Discerning Eye Exhibition, which opens to the public today. The exhibition at The Mall Galleries in SW1 comprises six separate sections, each assembled by a prominent figure from the art world. To [...]
Property firms circle Lend Lease’s £550m Bluewater stake April 28, 2014 Some of the UK property industry’s biggest players are circling Lendlease’s £550m cent stake in Bluewater shopping centre in what could become a heated battle for the prized site. British Land, Land Securities, Hammerson, Westfield, Intu and M&G Real Estate are reported to have all lodged initial expression of interest in the Kent shopping centre, [...]
Tesco is shopping for a new chairman October 23, 2014 SIR RICHARD Broadbent yesterday announced his plans to leave Tesco, and said he felt the need for a demonstration of accountability by the supermarket’s bosses. His decision came as the firm revealed its pre-tax profits had slumped 92 per cent on the year to £112m in the first six months of its financial year. Sales [...]
City Moves for 12 November 2014 | Who’s switching jobs November 11, 2014 Kames Capital Craig Bonthron has been appointed investment manager in the investment management firm’s global equity team. He joins from Scottish Widows Investment Partnership, where he was an investment director and joint manager of the Swip Global Sustainability Equity and Global Islamic Equity funds. Herbert Smith Freehills James Palmer has been appointed senior partner and [...]
Tesco in turmoil: Share price dives after £2bn is wiped off market value September 22, 2014 Britain’s largest retailer suspends four executives and launches probes after £250m profit overstating debacle. Tesco shares plunged 12 per cent yesterday after the embattled supermarket chain admitted that an error in its accounts meant profits for the last six months would be £250m lower than expected. The retailer has suspended four senior executives, [...]
Tesco sheds three more executives in wake of profit overstatement October 14, 2014 Tesco has asked three non-executive directors to leave the company, taking the total number of departures in less than a month since it revealed a £250m black hole in its profit to eight. The supermarket said in a statement: "We have asked three employees to step aside to facilitate the investigation into the potential overstatement [...]
Original thought February 23, 2014 Annabel Palmer talks to Adam & Eve’s Jon Forsyth about the importance of agility COMMUNICATIONS agency Adam & Eve shook assumptions about the demise of traditional media when it created the 2011 John Lewis Christmas advert (one of five it has now done for the store). The agency was launched in 2008 and merged with [...]