Sainsbury’s shares are jumping this morning. Here’s why February 4, 2014 Sainsbury’s shares have climbed over two per cent this morning after Bernstein Research upgraded the supermarket's stock this morning to ‘outperform’. Shares took a tumble last week after chief executive Justin King announced he's leaving. The initial five per cent drop (shares later stabilised) was a nod to King's performance – he's widely hailed for [...]
How open innovation will transform the humble quid March 20, 2014 FAREWELL to the pound coin’s familiar golden nugget design. Here comes the dough-decagon in its stead. The new 12-sided quid, modelled after the old threepenny bit, got plenty of attention this week. But the most interesting part of the design is what was left out. The flipside of the coin will be opened to a [...]
All about talent March 23, 2014 Annabel Palmer talks to OgilvyOne’s EMEA chief executive Annette King WHEN WPP launched its “X-Factor” coaching programme for senior female executives across its European agencies, Annette King was an obvious contributor. She has worked at WPP media agency OgilvyOne for a decade, rising through the ranks to become EMEA chief executive, and was promoted both [...]
Boeing set to keep crown as the world’s biggest plane producer January 6, 2014 PLANE maker Boeing beat its own targets and several annual records for commercial plane sales last year, the US firm announced yesterday. The company handed over the keys for 648 jets to airlines last year, up 7.8 per cent on last year, and booked 1,531 commercial orders. Both totals are company records and are likely [...]
Christie smiling again in Sochi as luck changes February 18, 2014 A SMILE was back on the face of speed skater Elise Christie yesterday after she put a testing week in Sochi behind her to qualify for Friday’s 1,000m quarter-final. Christie was stripped of a silver medal in the 500m final after placing her hand on a Korean rival as she fell, was the subject of [...]
Hargreaves Lansdown posts record revenue and profit February 5, 2014 Financial services company Hargreaves Lansdown has announced record revenue and profit growth in the second half of 2013, despite a “low interest rate environment”. Profit before tax growth of 11 per cent to £104.1m in the six months ended 31 December, with revenue up 13 per cent to £158.4m. The firm continued to see substantial [...]
Leaner, meaner but still not sexy February 3, 2014 Nissan’s new Qashqai ticks lots of boxes – especially for families – but leaves me feeling something is missing OVER the past three weeks, we’ve looked at some exotic cars – the Peugeot RCZ R, Audi A3 Cabriolet and Ferrari F12 Berlinetta – that do one thing very badly: storage. And, let’s face it, even [...]
The market’s already come up with something that makes Nick Clegg’s electric car plan totally irrelevant January 30, 2014 Nick Clegg’s on a drive to make Britain the world leader in electric cars. Today, he announced that the government will invest more than £9m to up the number of charging points across the country. The government’s partnered up with major car manufacturers who are backing the suspectly-named Go Ultra Low campaign – which they [...]
CES: the very best of the show so far January 8, 2014 The annual Consumer Electronics Show in Las Vegas is like Willy Wonka’s Chocolate Factory for geeks. It sees several gigantic aircraft hangers packed full of the biggest releases from some of the world’s top tech firms. This year saw 3D printers move further towards the mainstream, while manufacturers of high-end TVs once again pulled out [...]
Down the Tubes: Boris mucks in amid transport meltdown February 5, 2014 (Laura Lean/City A.M.) Boris Johnson has had an interesting commute in on the Northern Line this morning as the Tube strike over ticket office closures causes huge disruption across the network. The Mayor spoke to commuters and Tube staff working at London Bridge – as well as some of the TfL staff volunteering at stations in [...]