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Telegraph CEO Murdoch MacLennan came from Associated Newspapers, publisher of the Daily Mail, where the so-called managers are treated like servants on speed, lackeys to service the desires of the hacks. But in his new role as CEO of Telegraph ...
Read More »What will Rupert Murdoch do with his cash pile?
Well if past performance is any guide he’ll go shopping for a few more big media assets. His company News Corporation has just announced that third quarter revenue was up 19 per cent on the previous year to a stonking ...
Read More »London futures market opens early to drive down UK economy
Bizarre as it may seem the London International Financial Futures Market, now owned by the New York Stock Exchange, is going to open at 1am on Friday May 7, six hours early, so that dealers, many of whom will be ...
Read More »World Cup, Walkers, Hulu and VOD: UK commercial telly is the comeback kid
New figures show that people in the UK are watching more telly than last year (four hours 18 minutes a day from three hours 56 minutes) and they’re even watching more ads, up from 45 to 48 daily. Hulu, the ...
Read More »Why does WPP struggle so much for organic growth?
WPP boss Sir Martin Sorrell has reported that the company’s revenues grew by one per cent in March, the first time it has inched forward since back in 2008. For the first quarter its revenues were still down two per ...
Read More »Out of the frying pan into the fire for BP’s Andrew Gowers
Some people have the gift of timing and others certainly do not. One such is the intelligent and personable Andrew Gowers who was replaced as editor of the Financial Times by US editor Lionel Barber in 2005. He then joined ...
Read More »Santander grabs bigger UK market share
Spanish banking giant Santander has tripled its UK savings deposits to £3bn in the first quarter of 2010 and upped its lending to the hard-pressed small and medium-sized company sector by a healthy 18 per cent. The bank, which rebranded ...
Read More »Party leaders limber up for third UK debate: but they won’t mention spending cuts because there won’t be any
No they won’t in any detail because the notion that the UK, under whichever government, is about to go in for swingeing spending cuts is complete nonsense. Only one government since the end of World War Two has actually cut ...
Read More »Don’t blame the Greeks, blame the Germans for stock market carnage
All those Germans who take over Greek holiday resorts in the summer had better watch their step this year. Greece now looks increasingly likely to default on its debts, and maybe Portugal too, after the two main powers in the ...
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