DAREDEVIL CHIEF ROLET BRINGS A BREATH OF FRESH AIR TO FUSTY LSE September 17, 2009 XAVIER Rolet is certainly freshening things up over at the London Stock Exchange. The exchange’s new boss has been busy over the past few weeks, having shaken up the LSE’s marketing team, struck a deal to replace its IT provider and got rid of its trusted PR adviser Finsbury (the super-spinner and its arch-rival Brunswick [...]
OTHER HOT SUMMER MOROCCO IDEAS June 28, 2009 VINEYARD TRIPMorocco is an Islamic country, but away from the major northern cities it is fairly relaxed about most things, wine included. In the hills of Meknes in northern Morocco there are acres upon acres of vineyards, and 35m bottles of wine are produced a year. Wine-lovers can now take a four-day tour, which includes [...]
B&B suffers on loan losses June 1, 2009 BRADFORD and Bingley will lose up to £700m on mortgage defaults this year and expects an increase in the rate of loan losses, its chief executive Richard Pym said yesterday. Pym said the number of borrowers more than three months behind on their mortgage had grown from the 4.6 per cent figure it announced in [...]
B&B suffers on loan losses June 1, 2009 BRADFORD and Bingley will lose up to £700m on mortgage defaults this year and expects an increase in the rate of loan losses, its chief executive Richard Pym said yesterday. Pym said the number of borrowers more than three months behind on their mortgage had grown from the 4.6 per cent figure it announced in [...]
Ex-Ford boss named as the new chairman of BHP Billiton August 4, 2009 BHP Billiton, the world’s largest miner, yesterday said that ex-Ford chief executive Jac Nasser would be its new chairman. Nasser, who has been a non-executive director at BHP since 2006, will step into incumbent Don Argus’ shoes when he steps down next year after a decade at the helm. He beat off competition from John [...]
Ex-Ford boss named as the new chairman of BHP Billiton August 4, 2009 BHP Billiton, the world’s largest miner, yesterday said that ex-Ford chief executive Jac Nasser would be its new chairman. Nasser, who has been a non-executive director at BHP since 2006, will step into incumbent Don Argus’ shoes when he steps down next year after a decade at the helm. He beat off competition from John [...]
Wilkinson in, Cipriani out July 7, 2009 ENGLAND manager Martin Johnson has recalled record points scorer Jonny Wilkinson to the 32-man elite player squad in favour of Wasps’ Danny Cipriani. Wilkinson, who left Newcastle for Toulon earlier this summer, and Brive’s Riki Flutey are the only France-based players in the party. Cipriani, 21, started last season as England’s first choice No10 but [...]
Lions pegged back in last gasp drama June 23, 2009 EMERGING SPRINGBOKS (13) vs. BRITISH LIONS (13)BRITISH and Irish Lions head coach Ian McGeechan blamed atrocious conditions after seeing his side denied victory by a last-minute touchline conversion. The Lions looked to have sewn up the tour match when replacement fly-half James Hook slotted a penalty three minutes from time. That sent them 13-6 ahead, [...]
Braford & Bingley’s bid to defer bond interest could be repeated May 27, 2009 BRADFORD & Bingley (B&B) has said it will not pay interest on £325m of subordinated bonds, fuelling speculation that other nationalised lenders such as Northern Rock might follow suit. The bank said last night that it would not pay interest on three tranches of notes, £150m of floating rate notes due on 30 June, £125m [...]
Profits sizzle at B&Q as barbecue sales rocket June 2, 2009 WARM barbecue weather boosted sales at DIY chain B&Q in the first quarter, helping parent group Kingfisher report a 40 per cent jump in profits yesterday. The retailer said that profits in the 13 weeks to May 2 were £128m, smashing analyst expectations, which were around £34m lower. Chief executive Ian Cheshire said the group [...]