WHO’S SWITCHING JOBS May 16, 2012 Brooks Macdonald The private client investment manager has announced the appointment of Justin Woolf to its intermediary sales team. He joins as an intermediary sales manager from Zurich Intermediary Group, where he was a senior broker consultant. Woolf has over 15 years’ experience in the financial services industry. Thomas Miller Investment The investment management firm [...]
WHO’S SWITCHING JOBS May 16, 2012 Brooks Macdonald The private client investment manager has announced the appointment of Justin Woolf to its intermediary sales team. He joins as an intermediary sales manager from Zurich Intermediary Group, where he was a senior broker consultant. Woolf has over 15 years’ experience in the financial services industry. Thomas Miller Investment The investment management firm [...]
John Lewis profit up 20pc – but warns of tough 2011 March 9, 2011 Retailer John Lewis said it would pay over 73,000 staff, known as partners, a bonus of 18 per cent of salary as it posted a 20 per cent rise in year profit after winning market share from rivals. But the 147-year-old employee-owned group, which owns 28 department stores, four John Lewis “at home” stores, 244 [...]
Police watchdog slams links to News Corp as lawsuits reach US April 12, 2012 SENIOR London police staff linked to the News Corp phone hacking scandal showed poor judgement, took bad decisions and got too close to journalists working for Rupert Murdoch’s newspapers, an independent watchdog said yesterday. While the Independent Police Complaints Commission (IPCC) rejected allegations of corruption involving two of the top personnel at the Metropolitan Police [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 22, 2012 FINANCIAL TIMES Non US banks hope for reprieve on swaps US regulators are exploring ways to give large foreign banks and overseas subsidiaries of US lenders a reprieve from stringent new derivatives rules, potentially alleviating one of the biggest concerns facing global finance institutions. Chesapeake discloses chief’s $661m payments for wells Aubrey McClendon, the chief [...]
John Lewis in sharp sales rise January 21, 2011 Sales growth at department store chain John Lewis slowed dramatically last week as consumers tightened their belts after spending freely in the post-Christmas sales. The employee-owned retailer, which also runs upmarket grocery chain Waitrose, said on Friday department store sales increased 4.1 per cent to £55.8m in the week to January 15. Sales in the [...]
CITY SALUTES ARMED FORCES AT GUILDHALL February 22, 2012 THE CREAM of London’s business and culinary talent last night came together at Guildhall for the Square Mile Salute fundraiser to support the armed forces. Owen Paterson, secretary of state for Northern Ireland, was guest of honour at the military fundraiser, where 13 of the world’s top chefs – including John Williams of The Ritz [...]
WESTFIELD AT STRATFORD: OUR PICK OF THE SHOPS September 13, 2011 CLOTHES & ACCESSORIES ASPINAL OF LONDON The second standalone shop for this affordable heritage brand, Aspinal has a plum position at the start of the Street, and is a wonderfully windowy space, glinting with cufflinks, jewels and charms and full of its signature bright croc skin bags and wallets. FOREVER 21 There were nearly 400 [...]
Directory arm saves the day September 14, 2011 HOW does Next do it? As a mid-market retailer with a presence in most town centres, you’d expect it to be suffering from the gloom on the high street, not bucking it. It is Next’s catalogue and internet business, Next Directory, that has proved the firm’s saviour, providing exposure to both the surge in online [...]
John Lewis warns over tough trading as sales fall February 4, 2011 John Lewis reported a second consecutive fall in weekly sales at its department stores and warned of tougher trading ahead as shoppers face higher prices, taxes and public spending cuts. However, the employee-owned group, which has long outperformed the broader retail sector, said on Friday it was still budgeting for growth for the year to [...]