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 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Shock poll shows voters believe Ukip is to the left of the Tories
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
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