City watchdog names ex-Hong Kong regulator as new enforcer June 5, 2015 THE Financial Conduct Authority (FCA) has appointed Mark Steward as the new director of enforcement and market oversight. Steward joins from his position as head of enforcement at the Hong Kong Securities and Futures Commission, and will step into the shoes of Tracey McDermott, who was recently promoted to head of the supervision division. The [...]
EU referendum: Asda, HSBC, Vodafone and nearly 200 sign letter saying Brexit would threaten jobs – but Tesco, Morrisons and Sainsbury’s are not on the list February 23, 2016 The bosses of HSBC, BT, Vodafone and Asda are among those to have put their name to an open letter backing the remain camp and Prime Minister David Cameron's reforms in Europe. More than a third of the UK's biggest companies were represented in the letter, which was published in The Times this morning, saying they represented [...]
Open 2015: Football injury puts Rory McIlroy’s chances of defending Claret Jug in jeopardy July 6, 2015 World No1 Rory McIlroy’s Open defence is in grave doubt after he severely jeopardised his participation at St Andrews next week by rupturing ankle ligaments while playing football. Read more: Rory absence would be Major let-down McIlroy yesterday refused to rule himself out of the tournament, but will miss this week’s Scottish Open and [...]
Swinging 60s: Take a drive back in time to rediscover the inimitable style of the April 2, 2015 Osman dress, £1,010, harveynichols.com; Osman boots, £POA, manoloblahnik.com; Brooks Brothers headscarf, £130, brooksbrothers.com; Cutler & Gross sunglasses, £395, cutlerandgross.com; Chanel ring, £4,075, 26 Old Bond Street, W1S 4DQ (Katie) Tods dress, £3,150, tods.com; Christian Dior jacket, £3,100, dior.com; Christian Dior boots, £1,850, dior.com; JW Anderson bag, £1,625, j-w-anderson.com; Cutler & Gross sunglasses, £310, [...]
Oxfam’s call to test the City May 13, 2015 PUT ON those hiking boots and prepare to abandon the City for the bracing air and rugged dales of Yorkshire and Oxfam’s Trailtrekker. This challenge pits teams of four against the elements for 30m hours over 100km, 65km and 40km. It is an ultimate test of physical and mental ability, and raises money for a charity [...]
The West’s failed Syria policy: Why it’s time to do nothing September 27, 2015 When I worked in Washington, perhaps the dreariest job of all was covering congressional hearings. It is a task that only the interns end up doing, and then under protest. In fact, in my office, we literally drew straws for the ordeal, with the short straw having to spend a numbing eight hours or so [...]
Fast-growing dental company eyeing a London market float May 31, 2015 A DENTAL company hoping to emulate the success of high street brands such as Boots and Specsavers is gearing up for a London flotation, after boosting revenues by a third. Integrated Dental Holdings (IDH), which has started trading under a brand called mydental, is exploring plans to list and has been working with Goldman Sachs [...]
Walgreens’ £6bn takeover of Alliance Boots confirmed August 6, 2014 US pharmacy giant Walgreens is set to buy the remaining 55 per cent stake in high street chemist Alliance Boots. The Walgreens board will now ask shareholders to approve the £6bn deal. The company is hoping to cut £600m of costs over the next three years. The combination would establish the world's largest pharmaceutical wholesale [...]
UBS smashes expectations as net profit rises by 53 per cent July 27, 2015 UBS has beaten all expectations as its profits rose by more than 50 per cent in the second quarter of the year. The figures In an update posted this morning, UBS said net profit was up 53 per cent to SFr1.2bn (£810m) in the three months to June. Switzerland’s largest lender also reported earnings per [...]
Arise, Sir Vince: Cable’s back – and he’s still worrying about the economy September 4, 2015 Former business secretary Vince Cable may now be Sir Vince, after he was awarded a knighthood for his political and public service in last month's dissolution honours list – but he is still worrying about the economy. Cable, who was ousted from his Twickenham seat after 18 years in May during a bloodbath for the Liberal [...]