City Moves for 19 December 2013 | Who’s switching jobs December 18, 2013 KPMG The professional services firm has hired Stephen Frost as head of diversity. He was formerly head of diversity and inclusion at the London Organising Committee of the Olympic and Paralympic Games from 2008 to 2012. Prior to that, Frost worked at Stonewall. Mizuho The securities and investment banking arm of the Mizuho Financial Group [...]
Scarlett fever: Under The Skin is a classic March 13, 2014 FILMUNDER THE SKINCert 15 | By Alex DymokeFive Stars IF YOU were considering the filmic potential of Scotland, first to come to mind would probably be the highlands; the dramatic barrenness of the western isles, the bronze light that illuminates the Grampians every evening. You probably wouldn’t think of Asda, Tescos, or obscure ring-roads on [...]
Scottish fairytale not over yet, says Sir David October 23, 2013 SHRUGGING off a nine-division demotion and financial meltdown to return to the pinnacle of English rugby might seem like scaling Everest, unless you have already helped turn Tesco from supermarket into superpower. Sir David Reid saw the retailer become the world’s second largest during his time as chairman and now has designs on domestic, if [...]
Waitrose and discounters thriving September 24, 2013 DISCOUNT supermarket Aldi saw year-on-year sales growth of a record 32.7 per cent in the 12 weeks to 15 September, according to new industry data, as upmarket rival Waitrose also upped market share. Waitrose achieved growth of 9.7 per cent year-on-year, Kantar Worldpanel said, well above market growth of 4.2 per cent. But Tesco, which [...]
Freight demand hurts Wincanton November 7, 2013 WAREHOUSE and freight provider Wincanton yesterday reported a two per cent dip in revenue as demand from the UK retail sector continued to remain sluggish. The company, which caters to clients such as Unilever, Tesco and Marks & Spencer, said sales fell to £542.3m in the six months to the end of September, from £551.2m [...]
Bottom Line: This odyssey might just be a step too far October 14, 2013 DESPITE having been around since 1968, when Arthur C Clarke first envisioned “the newspad” in 2001: A Space Odyssey, tablets still feel pretty fresh. Apple’s sector-defining iPad may have landed in 2010, nine years late for Clarke, but it’s not taken long for everyone to want a piece of the action – from natural competitors Samsung [...]
London Report: FTSE slumps to a three-month low on US fears October 2, 2013 THE UK’S top share index slipped to a three-month low yesterday, with retailers bruised by a weak trading update from Tesco while broader sentiment was weighed down by concerns over a US government shutdown. The FTSE 100 index fell as low as 6,386.18 points, its lowest since July, as investors fretted about the continued partial [...]
The new kids on the block October 2, 2013 The tablet market is no longer divided into “Apple” and “others”. With the release of Tesco’s budget Hudl and Microsoft’s revamped Surface 2, the market is hotting up in time for the Christmas splurge Microsoft Surface 2 From £359 Microsoft desperately wants to get a slice of the tablet market, surprising some observers by launching [...]
Bottom Line: Christmas comes early for King November 13, 2013 THEY say good things come to those who wait. Yesterday, almost a week after rival retailers Marks & Spencer, John Lewis and Morrisons released their Christmas adverts, the UK’s fastest growing supermarket revealed its own tear-jerker – a three-and-a-half minute mini-film that aired during last night’s Coronation Street. The film, which shows clips of ordinary [...]
Crumbs! Cameron fails to use his loaf October 1, 2013 DAVID Cameron may have been pilloried yesterday for failing LBC’s everyman test and admitting he didn’t know the price of sliced bread, but after using our loaves and doing a little investigative work, The Capitalist has a crumb of sympathy for the Prime Minister. Whether one prefers artisan sourdough or tiger bread, the selection of [...]