Any Other Business – 28/05 May 28, 2014 IT SEEMS Harvard academic Kenneth Rogoff has distanced himself from not-so-pernickety Thomas Piketty. Much of the reportage into the calculation snafus in Piketty’s tome, “Capital in the Twenty-First Century”, has included a reference to Rogoff because of a similar spreadsheet mistake on his part back in 2010. But just when you might think the French economist [...]
Could Archie Norman be Tesco’s new chairman? These are the runners and riders for the supermarket’s top job February 14, 2015 Archie Norman is the latest City boss to be touted as Tesco’s successor to Sir Richard Broadbent who left last year in the wake of a profit scandal. The current chairman of ITV and former boss of rival supermarket Asda where he gained the reputation of being the turnaround king, is in “active talks” with [...]
Could Archie Norman be Tesco’s new chairman? These are the runners and riders for the supermarket’s top job February 14, 2015 Archie norman is the latest City boss to be touted as Tesco’s new top boss and a successor to Sir Richard Broadbent who left last year in the wake of a profit scandal. The current chairman of ITV and former boss of rival supermarket Asda where he gained the tag of being the turnaround king, [...]
Could Archie Norman be Tesco’s new chairman? These are the runners and riders for the supermarket’s top job February 14, 2015 Archie norman is the latest City boss to be touted as Tesco’s new top boss and a successor to Sir Richard Broadbent who left last year in the wake of a profit scandal. The current chairman of ITV and former boss of rival supermarket Asda where he gained the tag of being the turnaround king, [...]
Could Archie Norman be Tesco’s new chairman? These are the runners and riders for the supermarket’s top job February 14, 2015 Archie norman is the latest City boss to be touted as Tesco’s new top boss and a successor to Sir Richard Broadbent who left last year in the wake of a profit scandal. The current chairman of ITV and former boss of rival supermarket Asda where he gained the tag of being the turnaround king, [...]
So have they taken their eye off the ball? September 30, 2014 BSkyB has built a strong position in the UK media market to become the largest pay-TV provider in the country with 10.5m subscribers. Football is at the heart of its empire, but recent investments suggest it may be looking more at expanding its other divisions. Football has been key to BSkyB’s growth since its founding [...]
BSkyB snaps up bigger stake in Sky Deutschland October 20, 2014 PAY TV group BSkyB said yesterday it would own at least 69 per cent of Sky Deutschland once the takeover period closes, after more minority investors than expected signed up for the offer. The UK’s dominant pay TV provider agreed in June to pay $9bn for Rupert Murdoch’s 57 per cent stake in Sky Deutschland [...]
Digital services send BSkyB’s profits soaring October 16, 2014 PAY TV broadcaster BSkyB reported a solid start to its financial year yesterday as revenues, profits and subscribers rose in the first quarter, prompted by sales of add-ons such as Sky Go. Sky increased its revenue by six per cent to £1.9bn for the three months to 30 September, with adjusted profit up nearly 13 [...]
French market woes weigh on Kingfisher profit November 25, 2014 NO AMOUNT of DIY could help fix Kingfisher’s sales performance in the third quarter as France’s weak consumer economy continued to weigh on Europe’s largest home improvement retailer. Kingfisher posted a 3.6 per cent drop in sales to £2.8bn, saying the weak French market, where it traded as Castorama and Brico Depot, had offset a [...]
Sky offloads online betting business Sky Bet for £800m to private equity firm CVC Capital December 4, 2014 Sky has sold off the majority of its online betting business Sky Bet to private equity firm CVC Capital for £800m to concentrate on its new Europe-wide TV business. The deal will net Sky £600m in cash and a further deferred £120m, giving CVC Capital an 80 per cent stake in the business. Sky has [...]