News

Online fashion retailer Asos has turned to Marks & Spencer for again by hiring former finance director Ian Dyson.

The Week Ahead: Analysts predict strong revenue for Imagination

There was not a great reaction to Imagination Technologies' announcement of a $47m (£29.6m) deal to buy HelloSoft in November, so Numis Securities' prediction that the chip maker's interims tomorrow may see it reveal a further acquisition could worry some.

Punch to call last orders at 6,000 pubs?

Punch Taverns could call last orders on as many as 6,000 pubs as it battles to bring its £3.1bn debt mountain under control.

Investment Column: Pubs toast food, value and flexible finances

Pub operators raised a glass to the football World Cup and early summer sunshine, toasting a much-needed boost after a torrid two years.

Miliband wades into battle over 'beer tie'

David Miliband fancies himself as an unlikely saviour of the pub: the Labour leadership candidate's campaign now includes proposals to "save British pubs" and the MP has launched a stinging attack on the controversial "beer tie".

M&S hires Alan Stewart as FD

Marks & Spencer has unveiled a former director at WHSmith as its finance director, ending a three month search. Alan Stewart, who is currently the finance director at Awas, the private equity-owned aircraft leasing company, will join by the end of October.

New M&S boss Marc Bolland braced for tougher times

Marks & Spencer's new boss Marc Bolland said he was braced for tougher times today despite delivering better-than-expected sales in his inaugural update.

Cheers and fears at Punch Taverns

Punch Taverns toasted a World Cup sales boost yesterday but voiced fears about the impact of Government belt-tightening on nervous punters.

M&S's Rose receives £4.3m in final year

Sir Stuart Rose, the chairman of Marks & Spencer, signed off his final year leading the retailer with a surge in his pay to £4.3m.

Police investigate 'homophobic' pub chain

Scotland Yard officers were today investigating claims by a gay group that they were not served by a pub in a row over their sexuality.

Pub 'refused to serve gay group'

A pub chain has issued an apology after a gay group said that its duty manager had taken issue over their sexuality.

Marks & Spencer report £632m profit

High street retailer Marks & Spencer confirmed a return to annual profits growth today after reporting a 4.6% hike to £632.5 million.

Morrisons blames falling inflation as sales falter

Morrisons announced a dramatic slump in underlying sales growth for the first quarter of this year, blaming the slowdown on falling price inflation and weaker consumer spending.

M&S finance director quits a day after Marc Bolland joins as chief executive

The finance director of Marks & Spencer has quit just a day after its new chief executive, Marc Bolland, took the helm. Ian Dyson, who had been a leading internal candidate for the top job that Mr Bolland landed, is leaving to become the chief executive of the debt-laden pub company Punch Taverns.

David Prosser: Buy this man a drink: he's going to need it

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.

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