A busy week on the high street as retailers report September 13, 2009 It’s time to hit the high street this week, with a whole host of retailers updating the market. In keeping with that theme, the Office of National Statistics will tomorrow release the Retail Prices Index data for August, which is expected to show that prices fell 1.5 per cent year-on-year, compared to a decline of [...]
NEW BOSS NORMAN PREPARES TO BRING THE ROMANCE BACK TO ITV November 18, 2009 THE market has roundly welcomed ex-Asda boss and former Tory MP Archie Norman’s appointment to the chairman’s seat at ITV, but has anyone considered the most pressing question it throws up for the broadcaster? Allow me to explain. Back in Norman’s retail days, perhaps the most exciting new initiative at Asda was the introduction of [...]
the INSIDER September 24, 2009 WE’VE HAD a couple of good weeks and we need to make sure that we don’t lose the winning feeling. FROZEN POWER in the Juddmonte Royal Lodge Stakes (2.30pm) at Ascot tomorrow looks like a good animal but I’m not sure that his last run in France was that hot. Most of the recent two-year-old [...]
CITY MOVES WHO’S SWITCHING JOBS October 6, 2009 ThreadneedleThe asset management firm has appointed Kris Haber as global head of hedge funds and head of the North American business. Haber, who will report directly to the firm’s chief executive Crispin Henderson, joins after a 13-year spell working for Lazard Asset Management, where he was most recently a managing director for global alternative investments. [...]
US new home sales rocket July 27, 2009 SALES of new homes in the US surged to a seven-month high in June, while the inventory of homes for sale fell to its lowest level in more than 11 years, official data showed yesterday, boosting hopes that the US housing market may finally be starting to stabilise. Government figures indicated an 11 per cent [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 12, 2009 FINANCIAL TIMES JPMORGAN TRIES TO CALM UK FEARSJPMorgan’s top executives have embarked on a charm offensive to allay fears by staff and regulators that the ousting of Bill Winters as co-head of the investment bank will mean a diminished role for its London operations. Jamie Dimon, JPMorgan’s chief executive, made a surprise visit to London [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 12, 2009 FINANCIAL TIMES JPMORGAN TRIES TO CALM UK FEARSJPMorgan’s top executives have embarked on a charm offensive to allay fears by staff and regulators that the ousting of Bill Winters as co-head of the investment bank will mean a diminished role for its London operations. Jamie Dimon, JPMorgan’s chief executive, made a surprise visit to London [...]
The power plant boss who is busy trying to clean up her firm’s act December 16, 2009 T he best way to describe the chief executive of Drax power station Dorothy Thompson is to say that she is poised – a quality that will undoubtedly come in handy when it comes to navigating a path through energy markets beset with low demand and ever more onerous climate change targets. When one meets [...]
Summer sales data to reveal retail outlook September 6, 2009 RETAILERS are set to provide fresh evidence of consumer confidence this week in a series of market updates. In a bid to revive the ailing retail sector the West End is launching High Street Fashion Week today in an effort to attract a predicted 2.4m shoppers to Oxford Street. ABF Foods, Primark’s owner, will today [...]
Summer sales data to reveal retail outlook September 6, 2009 RETAILERS are set to provide fresh evidence of consumer confidence this week in a series of market updates. In a bid to revive the ailing retail sector the West End is launching High Street Fashion Week today in an effort to attract a predicted 2.4m shoppers to Oxford Street. ABF Foods, Primark’s owner, will today [...]