VT is building a great warchest so get ready for a spending spree May 13, 2009 Age: 59 Work: 1968 – joins Dowty Fuel Systems as a student apprentice. 1980 – group general manager for energy services group Schlumberger. 1987 – managing director, Dowty Aerospace & Defence. 1990 – chief executive of instruments specialist Graseby. 1997 – group managing director, Balfour Beatty. 2002 – CEO at VT Group Education: Studied mechanical [...]
Third day of red as miners and banks lose their appeal May 13, 2009 THE FTSE 100 dropped 2.1 per cent yesterday, succumbing to disappointing US retail sales figures, profit-taking in the banking sector and mining stocks weighed down by weak commodity prices. The index retreated for the third day in a row, closing at 4,331.37, or 94.17 points down. “Despite the change of tone, markets have more room [...]