Intertek names new chariman as David Reid September 26, 2011 BRITISH testing firm Intertek has announced that outgoing Tesco chairman David Reid will join the firm to fill the same role next January. Intertek, which tests products from toys and clothes to oil and renewable technology, said Reid, also a former chairman of Kwik-Fit Group, would replace Vanni Treves, who will retire on 1 January [...]
CITY VIEWS: WOULD YOU BUY A USED CAR FROM TESCO? April 4, 2011 Save or Borrow peer to peer at RateSetter.com JOE ST JOHN | LOCKTON “Yes, I use Tesco for many things, and their new areas seem to be doing well. It is a trusted brand.” JIMMY ATKINS | RFIB “Yes, but I would use a recognised used car dealer website too as they have more specific [...]
Margaret Thatcher’s legacy is that no-one tries to scrap what the Iron Lady achieved January 5, 2012 THIS isn’t a review of The Iron Lady, starring Meryl Streep as Margaret Thatcher and on general release in cinemas this week [For this, see p. 18]. I’m sure it’s a fine film and I’ll see it once I can scrape together the money from my dwindling pension for a pair of tickets and some [...]
Margaret Thatcher’s legacy is that no-one tries to scrap what the Iron Lady achieved January 5, 2012 THIS isn’t a review of The Iron Lady, starring Meryl Streep as Margaret Thatcher and on general release in cinemas this week [For this, see p. 18]. I’m sure it’s a fine film and I’ll see it once I can scrape together the money from my dwindling pension for a pair of tickets and some [...]
Tesco backs Fresh & Easy March 3, 2011 TESCO’S new chief executive Philip Clarke is to continue the US expansion strategy of his predecessor Sir Terry Leahy despite ongoing losses in the market, the group said yesterday. Tesco said its Fresh & Easy brand was opening two new stores in California with a further ten due to open across the state before the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 19, 2011 FINACIAL TIMES NETWORK RAIL WARNED OVER BONUSES Senior management at Network Rail should forget about bonuses next year, Justine Greening, the transport secretary, said on yesterday. She was speaking after the Office of Rail Regulation (ORR) found that the owner of Britain’s railway infrastructure had failed to meet its punctuality targets and was in breach [...]
The dubious rise of the Energy Man November 14, 2011 AN advert on the Tube recently caught my eye. It was for an energy drink with two versions: a his and hers. His was called Wellman; her’s Wellwoman. The Boots logo on the bottom told me that this is a humdrum, mainstream product. The ad was striking for one big reason: its extremely traditional idea [...]
Branson’s challenge: change banking November 17, 2011 FOR a man who built much of his empire on the back of Boeing jumbo jets, it was fitting to see Sir Richard Branson’s Virgin pay out £747m for Northern Rock. George Osborne was right to sell the Rock – there was no guarantee that holding on would have engineered a better deal for the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 20, 2011 FINANCIAL TIMES TESCO BANK FACES MORTGAGE DELAY Tesco faces a fresh delay to the roll-out of Tesco Bank, with mortgages unlikely to be launched until early next year. Britain’s biggest retailer by sales had been expected to introduce mortgages this autumn but, having bought out Royal Bank of Scotland’s 50 per cent share in their [...]
Tesco in deal for three malls in China February 28, 2011 Tesco, the world’s third-biggest retailer, has signed a joint venture to build three more shopping malls in China as part of its plans to rapidly expand in the world’s most populous country. The supermarket group said on Monday that 50 percent of the venture would be owned by a consortium of Asian investors including Singapore’s [...]