Superdry appoints interim finance chief after boardroom exodus May 22, 2019 Superdry has appointed a new interim finance chief after the return of founder Julian Dunkerton sparked a mass exodus from the board. Nick Gresham, the current chief financial officer of sports and cycling retailer Wiggle, will join the company on 3 June, succeeding Ed Baker who resigned in April after investors narrowly voted in favour [...]
UK productivity: Wandsworth is the most productive area in London May 22, 2019 Wandsworth has been crowned the most productive local area in the UK as London boroughs dominate the top 10, new figures have revealed. The Cisco Productivity Index showed the south London borough had a productivity level 65 per cent higher than its industrial benchmark. Read more: The secret to the productivity puzzle? Work fewer hours [...]
Pets At Home shares rise as profits plummet almost 40 per cent amid restructure plan May 22, 2019 Pets At Home saw profits plunge almost 40 per cent last year as it set aside more than £40m for a huge restructure programme, it revealed today, but the set of results still beat low market expectations to send shares climbing. Read more: Short sellers tailing off at Pets at Home The figures Profit before tax [...]
Bovis Homes shares climb as it signals progress on shareholder returns May 22, 2019 Shares in housebuilder Bovis Homes opened higher this morning after it issued an upbeat trading statement ahead of its annual general meeting today. Read more: Housebuilder Bovis's profits reach record high as it keeps customers happy The company said it has seen its average private sales rate rise 17 per cent over the first five months [...]
Babcock shares sink as one-off costs torpedo defence giant’s profits May 22, 2019 Babcock shares fell nine per cent this morning as the defence giant revealed profits fell by nearly one-half last year amid a “challenging” market environment. The company, which employs 35,000 people and is a major contractor to the Ministry of Defence (MoD), Royal Navy, army and RAF, was hit by £161m of exceptional costs throughout [...]
Malevolent superintelligence? That’s science fiction, not reality May 22, 2019 In Stanley Kubrick’s 2001: A Space Odyssey, HAL 9000 was an all-knowing robot that decided to destroy a spacecraft and its crew. Naturally enough, the crew didn’t care for this. The film was an important crossover moment from science fiction to science fact. Many who saw HAL came to believe that there are indeed such computers [...]
“We’re not just competing against other sports”: The Hundred’s managing director explains why English cricket needs a new format May 21, 2019 The staggered launch of the England and Wales Cricket Board’s great new hope hasn’t gone exactly to plan. Although it was always unlikely to begin in textbook fashion, The Hundred has so far experienced the full repertoire of problems on the runway, leaving the majority of its passengers apprehensive ahead of take-off. After all, the [...]
Private jet departures from UK take a four per cent knock in April May 21, 2019 Private jet departures from the UK took a downward turn last month, as the number of aircraft registered in Europe fell. The number of business aircraft departures in the UK fell last month by 4.1 per cent on the previous year, compared with 3.1 per cent for Europe as a whole. London-based Colibri Aircraft, which [...]
Hong Kong Horse Racing Tips: My Ally can defy handicapper and bowl over his rivals May 21, 2019 SUCH is the handicap system in Hong Kong, with relatively few racehorses totalling around 1300, it’s guaranteed that the majority of races are going to be tight and exciting finishes. Horses that collect penalties for a win will always find it hard to successfully follow up unless they are very progressive or potentially smart gallopers. [...]
Hong Kong Horse Racing Tips: Time for punters to shell out on Lor’s Fat Turtle May 21, 2019 REIGNING champion Zac Purton, with 123 victories this season, is already over the hill and far away as he closes in on his third jockeys’ title ahead of today’s Happy Valley action. He currently leads his nearest pursuer Karis Teetan by 48 winners but looks even more determined in his quest to overhaul his best [...]