David Prosser: Buy this man a drink: he's going to need it
Thursday 06 May 2010
Outlook Having pipped him to the top job at Marks & Spencer, Marc Bolland can hardly be surprised that the retailer's finance director Ian Dyson is off to pastures new. Still, Mr Bolland will no doubt have hoped to hang on to Mr Dyson – who knows better than almost anyone where M&S has buried all its bodies – for slightly longer than 48 hours.
Still, all credit to Mr Dyson for being prepared to take on another British institution that isn't all it once was. And though the offer of the chief executive's office may have clinched the deal, Mr Dyson will no doubt recognise that the great British pub needs far more of a rescue job than the retailer he is leaving behind.
At his new employer, Punch Taverns, he will have to contend with the ongoing impact of the smoking ban, ever-rising duties and taxes, fierce competition from the supermarkets and customers who seem to prefer drinking at home these days. Those are the industry issues; throw in Punch's £3bn-plus debt pile and its fractious relationship with some of its tenants, and one really begins to feel for its next landlord.
- 1 Drugs Live cannabis trial: Hash is less harmful than any other drug, expert claims
- 2 Have sex with your iPad thanks to the new sex toy no-one asked for
- 3 The 'sex selfie stick' lets you FaceTime the inside of a vagina
- 4 Adam Levine's biggest fan had a panic attack upon meeting him, so the singer laid down on the floor to get a photo with him
- 5 Why you're almost certainly more like your father than your mother
Out-of-touch MPs ‘don’t get it’, says ex-Civil Service chief
Mark Zuckerberg: Facebook CEO's one simple test for who to hire
Bali nine: Welcome to 'Execution Island' – the Indonesian holiday resort where foreigners are sent to die
'A girl is more responsible for rape than a boy': The statement that shocked the world... except India
The 'sex selfie stick' lets you FaceTime the inside of a vagina
Durham Free School: 'Creationism taught at' free school facing closure
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
Ukip would cut billions from Scottish budget to fund English tax cuts
End of the licence fee: BBC to back radical overhaul of how it is funded
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin
iJobs Money & Business
£8 per hour: Recruitment Genius: This Pension Specialist was established early...
£30 - 35k + Bonus & Benefits: Guru Careers: We are seeking an Executive Assist...
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...
Voluntary post, reasonable expenses reimbursed: Reach Volunteering: Would you ...