Marks & Spencer leading the FTSE losers: Why clothing boss John Dixon’s departure gives M&S two major headaches July 17, 2015 Marks & Spencer is leading the FTSE 100 losers this morning, after it confirmed its executive director of general merchandise John Dixon had quit. M&S' share price opened down, and has continued to tumble throughout early trading. At pixel time, itwas down 1.3 per cent. When Dixon took up the role in [...]
A healthy office space is fundamental for success July 7, 2015 Over one million people in the UK suffer from work-related illnesses every year, according to a recent study from the Institute of Health and Care Excellence (NICE), and the resulting cost to the economy is huge. Read more: London’s new crisis: A shortage of offices will do immense damage While the influence of office [...]
Asos share price falls 13.7pc following poorer than expected sales growth September 16, 2014 Asos share price plummeted this morning following news of a poorer than expected sales growth for the three months ended August, with a warning that profits will not grow during the next financial year. Shares fell by 13.7 per cent to 2,092 pence on Tuesday, compared to Monday's value of 2,382 pence. The [...]
Start it in your late 30s, and keep your founding team in place: How to create a $1bn tech startup “unicorn” – and why London has created eight in the past year June 15, 2015 Want to own a $1bn (£644m) tech firm (yep, us too)? Get some experience, and start the business when you're in your late 30s, new research has suggested. The research, by investment banking firm GP Bullhound to mark London Tech Week, provides a step-by-step guide to getting that $1bn tech "unicorn" off the ground. Here's [...]
US data and high street giants lead for coming week – London Report March 29, 2015 INVESTORS this coming week will be digesting a flurry of global economic data and corporate results from a number of prominent UK retailers. The focus is likely to continue to be on US economic indicators, given recent concerns about a slowdown in growth in the first quarter, such as consumer confidence, spending and personal income. [...]
General Election 2015: 103 business leaders sign anti-Labour letter March 31, 2015 Over 100 business leaders have warned that a Labour government would "threaten jobs and deter investment" in a letter to be published in The Telegraph tomorrow. The letter, signed by 103 business bosses, praises the Conservative government which it says has "been good for business and has pursued policies which have supported investment and job [...]
More than 100 business bosses back vote for Tory government March 31, 2015 THE BOSSES of BP and the Prudential have today joined more than 100 of their fellow senior executives in declaring support for a Tory-led government in a letter published in the Daily Telegraph. The business leaders, who signed in a personal capacity, said that the present government has supported investment and job creation. “We believe a [...]
General Election 2015: Ladbrokes chief Jim Mulllen slams business leaders over Telegraph letter including predecessor Richard Glynn April 2, 2015 The newly appointed boss of Ladbrokes has slammed 100 business leaders, including his predecessor, for signing a letter in the Daily Telegraph warning of the risks of a Labour government,. Jim Mullen, who took over from long-standing chief Richard Glynn just yesterday, has said Ladbrokes business is in taking bets on the General Election and [...]
London Technology Week: Tech City is an awesome success story combining the best of Silicon Valley, Wall Street, New York and DC June 16, 2015 I emigrated from Silicon Valley a little more than ten years ago to work at a very young startup at the time, Skype. It was so new then that I spent months correcting friends’ pronunciation of the company name from Skype-ee to Skype. At that time I was exasperated at the dearth of candidates for [...]
Asos suspends website after warehouse fire June 23, 2014 ASOS will this morning attempt to reassure investors after a fire at its main warehouse in Yorkshire forced the online fashion giant to suspend trading on its website. More than 50 firefighters and 10 fire engines were sent late on Friday night to put out the blaze at Asos’ 530,000 square feet distribution centre in [...]