Broadbent takes over as new chairman of Tesco November 30, 2011 SIR RICHARD Broadbent has officially taken over as Tesco’s new chairman, replacing David Reid, who has spent almost two decades on the board of the UK’s leading supermarket chain. The appointment, seen as one of the biggest corporate roles in the UK, was first announced in May, with Sir Richard joining the board as a [...]
ANALYST VIEWS: WHAT STOOD OUT IN AVIVA’S RESULTS? May 17, 2011 KEVIN RYAN | INVESTEC The big attraction in a UK context is its composite business model. Cash from the non-life business essentially covers shareholders’ dividend and this places it in a very good position. The only note of caution is that it is winning significant new business in UK motor where premiums rose 60 per [...]
ANALYST VIEWS: WHAT STOOD OUT IN AVIVA’S RESULTS? May 17, 2011 KEVIN RYAN | INVESTEC The big attraction in a UK context is its composite business model. Cash from the non-life business essentially covers shareholders’ dividend and this places it in a very good position. The only note of caution is that it is winning significant new business in UK motor where premiums rose 60 per [...]
Given seeks a career highlight with Dublin win November 10, 2011 IRELAND goalkeeper Shay Given hopes to celebrate the greatest moment of his illustrious career by sealing qualification for Euro 2012 in front of a home crowd in Dublin next week. Giovanni Trapattoni’s men face Estonia in the first leg of their play-off in Tallin tonight before the return at the Aviva Stadium on Tuesday. Given [...]
NEWS IN BRIEF January 15, 2012 CREDIT CARD SPENDING DOWN According to analysis of customer spending data carried out by Santander Credit Cards, the average credit card spend has fallen four per cent over the past 12 months. The data reveals that while the total number of transactions has increased by one per cent over that time period, the value of [...]
NEWS IN BRIEF January 15, 2012 CREDIT CARD SPENDING DOWN According to analysis of customer spending data carried out by Santander Credit Cards, the average credit card spend has fallen four per cent over the past 12 months. The data reveals that while the total number of transactions has increased by one per cent over that time period, the value of [...]
Omega investors angered by Byrne’s plans to lapse offer December 1, 2011 INVESTORS in Omega Insurance including Aviva, Toscafund, Crystal Amber and founder shareholder John Robinson, are up in arms over plans by tycoon Mark Byrne to allow his tender offer for 25 per cent of shares in the group to lapse even though it received more than the minimal number of acceptances. Robinson, speaking to City [...]
Gender quotas are wrong and don’t work – it’s time to treat people as individuals February 12, 2012 LAST week, the Prime Minister delivered a speech in Stockholm about diversity in the work-place, making the capitalist case that equality should drive more efficient business outcomes by realising a broader range of entrepreneurial talent. This welcome shift in emphasis highlights why mandatory gender quotas in the boardroom are such a bad idea. In Norway, [...]
Bank stocks lead the way as the FTSE continues its climb January 19, 2012 BRITAIN’S top share index closed higher yesterday, led by banks after bullish earnings from their US peers and with hopes building that the recent coordinated action by central banks and the IMF would be enough to avoid an economic crisis. The FTSE 100 index rose 38.78 points, or 0.7 per cent, to 5,741.15, after breaking [...]
Bank stocks lead the way as the FTSE continues its climb January 19, 2012 BRITAIN’S top share index closed higher yesterday, led by banks after bullish earnings from their US peers and with hopes building that the recent coordinated action by central banks and the IMF would be enough to avoid an economic crisis. The FTSE 100 index rose 38.78 points, or 0.7 per cent, to 5,741.15, after breaking [...]