TOP FOREX STAR TAKES TIME OUT FROM RBS August 24, 2010 A BLOW for the Royal Bank of Scotland – and, by extension, to the rest of us – as one of the most celebrated foreign exchange traders in the City hops out of the bank’s revolving door. Mark Barnes stepped up to the role of global head of forex trading at RBS last year, and [...]
WPP could buy own shares after upturn August 22, 2010 WPP, the advertising and media research conglomerate, could surprise investors by announcing a fresh share buyback programme starting next year, analysts at investment bank UBS believe. With the group expected to announce a reduction of debt at its interim results tomorrow, UBS said management could restart the share repurchasing scaled back last year. “Although the [...]
Advertising recovery is in full swing August 22, 2010 THE light at the end of the tunnel for the advertising industry was not a mirage: all the evidence points to a broad and sustained recovery. The large agencies reported robust revenue growth in the second quarter, with Interpublic growing sales by nine per cent, and Omnicom and Publicis up by six and seven per [...]
Business chiefs join PM in trade mission to India July 25, 2010 DAVID Cameron will this week lead this country’s strongest ever trade mission to India, in a drive to boost cooperation between the UK and one of the fastest-growing economies in the world. Over 50 of the UK’s top business leaders will join the Prime Minister, chancellor George Osborne, foreign secretary William Hague, business secretary Vince [...]
Business chiefs join PM in trade mission to India July 25, 2010 DAVID Cameron will this week lead this country’s strongest ever trade mission to India, in a drive to boost cooperation between the UK and one of the fastest-growing economies in the world. Over 50 of the UK’s top business leaders will join the Prime Minister, chancellor George Osborne, foreign secretary William Hague, business secretary Vince [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 15, 2010 FINANCIAL TIMES CREST ADVISERS SHUN £350M HORIZON BID A £350m offer for Crest Nicholson was in jeopardy on Thursday night after advisers to the debt-burdened housebuilder told its lender-owners to reject the bid as too low. A steering committee representing Crest’s creditors, which took control of the housebuilder following a £630m debt-for equity swap last [...]
Think inclusively and watch people help you July 12, 2010 This past week saw the departure of my good friend, Richard Titus, who had been chief executive of Associated Northcliffe Digital (AND) within the Daily Mail and General Trust (DMGT) empire. I introduced Richard to DMGT chairman Lord Rothermere at a lunch in September 2008. And sometime later Titus was selected to energise the Associated [...]
Think inclusively and watch people help you July 12, 2010 This past week saw the departure of my good friend, Richard Titus, who had been chief executive of Associated Northcliffe Digital (AND) within the Daily Mail and General Trust (DMGT) empire. I introduced Richard to DMGT chairman Lord Rothermere at a lunch in September 2008. And sometime later Titus was selected to energise the Associated [...]
World Cup ad boost for WPP June 29, 2010 THE World Cup has helped spur a massive growth spurt at the world’s biggest advertising firm WPP. The embattled company said it is sticking by growth forecasts of two per cent this year after seeing revenues spike thanks to events such as the football tournament, the Winter Olympics and the US mid-term elections. Chief executive [...]
World Cup ad boost for WPP June 29, 2010 THE World Cup has helped spur a massive growth spurt at the world’s biggest advertising firm WPP. The embattled company said it is sticking by growth forecasts of two per cent this year after seeing revenues spike thanks to events such as the football tournament, the Winter Olympics and the US mid-term elections. Chief executive [...]