Business week in review
Sunday 29 July 2012
A few years ago, star lawyer Anthony Salz said he was refocusing his career to spend more time "thinking about individual clients and their ambitions and worries". The former BBC governor is likely to only have time for the latter with his latest cause célèbre.
On Tuesday, Salz was tasked with a root-and-branch review of Barclays in the wake of the Libor scandal. The bank is committed to implementing his recommendations in full.
ITV boss Adam Crozier saw the broadcaster's underlying profit rise 15 per cent to £235m off revenue of £1.13bn on Thursday.
On Friday, Jardine Lloyd Thompson's head Dominic Burke revealed an 11 per cent pre-tax profit hike in the insurance holding company's interim results.
...at a loss
Germany's Chancellor Angela Merkel was rattled on Tuesday by signs of its economic might wilting in the face of the European debt crisis.
Moody's threatened to downgrade the powerhouse's AAA rating after data suggested a possible decline in manufacturing due to falling exports.
BT boss Ian Livingston was downbeat on Wednesday, moaning that "continental Europe has got worse rather than better" after the headline profit at its Global Services division slumped 14 per cent in the past three months.
On Friday, Anglo American head Cynthia Carroll disclosed a 38 per cent fall in the miner's first-half operating profit.
- 1 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 2 Mystery man who gave mum heart-warming note on train 'wanted to put a smile on her face'
- 3 Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
- 4 Mafia's wall of silence broken: Victim of Cosa Nostra's extortion rackets in its Corleone heartland co-operates with authorities for the first time ever
- 5 Amal Clooney gives excellent answer to fashion question at European Court of Human Rights
King Salman: Just five days in, Saudi Arabia's new king has already overseen a beheading
Mystery man who gave mum heart-warming note on train 'wanted to put a smile on her face'
Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
Amal Clooney gives excellent answer to fashion question at European Court of Human Rights
Mafia's wall of silence broken: Victim of Cosa Nostra's extortion rackets in its Corleone heartland co-operates with authorities for the first time ever
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...
Competitive salary & benefits!: MBDA UK Ltd: MBDA UK LTD Indirect Procurement...
£16500 - £16640 per annum: Recruitment Genius: This fast growing Finance compa...