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Business Analysis & Features

Business week in review

In profit...

Rarely is it a good time to be a viticulturist working in the UK, but climate change means that we're in a great age to produce fine wines.

Certainly, Majestic chief executive Steve Lewis will be celebrating with a glass or two of domestic fizz after a trebling of sales of English sparkling wine took pre-tax profit to £23.7m on Monday.

BT chief executive Ian Livingston was unveiled as David Cameron's new trade minister on Wednesday, having spent five years at the helm of the telecoms empire.

On Thursday, Ryanair boss Michael O'Leary laid out plans to return €1bn (£854m) to happy shareholders over the next two years.

...at a loss

Anthony Bolton might be recognised as the most successful British fund manager of his generation, but the 63-year-old said on Monday he was retiring after a disappointing foray into the Chinese market. He will step down as the head of Fidelity China Special Situations investment trust next year, having postponed retirement in 2009 in an attempt to master the world's second-biggest economy.

Two companies owned by BBC reality star Neville "Big Nev" Wilshire, in documentary The Call Centre, were fined £225,000 on Tuesday for making nuisance calls.

Flybe boss Jim French announced a £40.7m pre-tax loss at the regional airline on Friday.