Irresponsible strikes will hit London September 5, 2010 BARRING a last-minute reprieve, commuters will be subjected to much chaos from 5pm tonight as Underground workers go on strike. Tomorrow will be especially tough. This strike is irresponsible. It is being caused by selfish militants who cannot face losing some of their privileges at a time when everybody else in Britain is being forced [...]
Lord Levene’s bank eyes up online assets July 11, 2010 LORD Levene and Sir David Walker’s new high street bank plans to scour the market for potential online banking acquisitions after initially launching a bid for a retail branch network. NewBank, which does not yet have an official name, is currently eyeing up state-owned assets put on the block by Lloyds Banking Group and Northern [...]
Lord Levene’s bank eyes up online assets July 11, 2010 LORD Levene and Sir David Walker’s new high street bank plans to scour the market for potential online banking acquisitions after initially launching a bid for a retail branch network. NewBank, which does not yet have an official name, is currently eyeing up state-owned assets put on the block by Lloyds Banking Group and Northern [...]
CITY VIEWS: WILL ENGLAND’S FOOTBALL FAILURE AFFECT THE ECONOMY? June 28, 2010 BEN WISE LLOYD’S REGISTER “I would have thought that it will affect the economy positively, as fewer people will be taking the day off work to watch the matches. Beer sales will be down, and retailers with special offers might lose a bit, but the impact won’t be great – we would have only played [...]
Development Securities eyes £100m rights issue July 22, 2010 BRITISH property firm Development Securities yesterday said it planned to raise about £100m through a share placing and rights issue to fund future projects. The company, which specialises in office and retail development projects, said it would place about 4.1m shares at 250p a piece, a discount of 8.8 per cent to their closing price [...]
Diamond is the right man for the job September 7, 2010 GOOD on Barclays for promoting Bob Diamond, head of the bank’s investment banking unit, to be the firm’s overall chief executive. He is the best man for the job, proving himself again with the successful integration of Lehman’s US operations. Yet given Diamond’s demonisation in the broadcast media and popular press, not least by the [...]
SuperGroup profit triples on expansion July 15, 2010 FASHION retailer SuperGroup’s full-year pre-tax profit soared to £22.46m from £7.59m last year. Group revenue for the 52 weeks ended 2 May, was up 83.1 per cent to £139.4m from £76.14m in the comparable period. The surge has been fuelled by the company’s Superdry label which has been sported by a host of celebrities including [...]
SuperGroup profit triples on expansion July 15, 2010 FASHION retailer SuperGroup’s full-year pre-tax profit soared to £22.46m from £7.59m last year. Group revenue for the 52 weeks ended 2 May, was up 83.1 per cent to £139.4m from £76.14m in the comparable period. The surge has been fuelled by the company’s Superdry label which has been sported by a host of celebrities including [...]
COMPANY OF THE YEAR | The Shortlist September 12, 2010 IT has been another tough year for business. The sovereign debt crisis rocked already shaky market confidence, while uncertainty has kept consumers from splashing out. It is in hard times that reputations are made, though, and over the past year the best have bounced back. Both retailers on our list have, in their different ways, [...]
COMPANY OF THE YEAR | The Shortlist September 12, 2010 IT has been another tough year for business. The sovereign debt crisis rocked already shaky market confidence, while uncertainty has kept consumers from splashing out. It is in hard times that reputations are made, though, and over the past year the best have bounced back. Both retailers on our list have, in their different ways, [...]