Outlook Stefano Pessina thinks I'm an idiot (this isn't a club of one, I grant you).
Like this page on Facebook for updates
Friday 23 April 2010
Lord Kirkham, the founder and chairman of the UK's biggest sofa retailer, DFS, is to step down after it was sold for about £500m to the private equity firm Advent International.
Sunday 21 March 2010
Saturday 13 March 2010
Kolhberg Kravis Roberts, the US private equity giant, has filed IPO plans in New York. KKR, which owns the high-street pharmacy group Alliance Boots, will list with a market capitalisation of about $7.5bn.
Saturday 30 January 2010
Alliance Boots, the chemist-chain owned by US private equity firm KKR, opened talks with employees yesterday over plans to scrap the company’s final salary pension scheme. The announcement comes just a fortnight after chief executive Andy Hornby thanked staff for a “fantastic effort” during 2009.
Friday 15 January 2010
Andy Hornby, the chief executive of Alliance Boots, yesterday said that the group’s 10.2 per cent revenue hike in the three months to the end of December was a “fantastic effort,” but warned that trading in 2010 would be tough.
Wednesday 09 December 2009
Consternation among Britain's financial scribes at a pow wow of bankers in London yesterday. The star turn was Barclays Capital's Bob Diamond, but there were plenty of other big names from high finance. Sadly, journalists were imprisoned in a side room and kept away from delegates by unsmiling security men. The organisers who invited the hacks and then acted as if they were diseased? The Wall Street Journal.
Sunday 08 November 2009
A Financial Services Authority investigation into whether HBOS's former board may have misled investors at the time of the bank's abortive £4bn rights issue last year could "open the floodgates" to hundreds of civil court actions against Lloyds Banking Group, which acquired HBOS in January, according to senior legal sources.
Wednesday 04 November 2009
The spirit of Jo Moore is alive and well at Britain's banks. The Labour spin doctor famously told colleagues that 11 September, the day of the terrorist attacks on the twin towers, was an opportunity to bury bad news. Yesterday, while Lloyds and Royal Bank of Scotland were announcing their latest bailouts, HSBC quietly revealed 1,700 job cuts and Barclays admitted its head of retail banking was quitting. Did they hope no one would notice?
Friday 25 September 2009
Saturday 11 July 2009
John Lewis lobs sun & strokes into excuse mix
There's a new excuse for corporate PRs to gloss over bad news. Had a slump in sales? Ratings down? Here's your communications solution: Blame the hot weather, right, and tennis ... as if either has ever ground the UK to a halt before.
Monday 08 June 2009
Exclusive: Young people ‘want UK to stay in Europe’: Four in 10 adults aged 18 to 24 are ‘firmly in favour’ of membership, poll shows
Tom Daley ‘is gay because his father died’ says UK evangelist
Iain Duncan Smith leaves Commons food banks debate early
Kiss and yell: Italian protester charged with sexual assault after kissing riot police officer
PM denies two child limit for benefits is part of Tory welfare policy
Anachronistic and iniquitous, grammar schools are a blot on the British education system
- 1 Sun will 'flip upside down' within weeks, says Nasa
- 2 Christmas comes early: Justin Bieber is 'retiring from music'
- 3 Iain Duncan Smith leaves Commons food banks debate early
- 4 Cycle death inquest: Boyfriend hugs driver of 32 tonne tipper truck that killed his girlfriend
- 5 Burglar steals video tapes of child abuse, hands them into police