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M&B chairman doesn’t last six months

Appointed in February this year as M&B chairman, Simon Burke is already stepping down. Bob Ivell,former chairman at Regent Inns, will replace him on the interim. Mr. Burke’s sudden departure still remains unexplained, but circulating about are rumours he felt limited as to the amount of input of his own strategy within the group.

Billionaire investor [...]

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Senior manager’s fraud rates increasing

Fraud is increasingly being committed by senior managers as red flags are being raised and warning signs are being ignored a KPMG research has revealed. Close to 20% of all workplace fraud the company bosses were the ones at fault, compared to only 11% in 2007 per analysis of 348 crimes between January 2008 and [...]

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Small business morale is slowly getting better

Whilst the current outlook for small businesses is generally favourable, there is still little to no chance that these businesses will be hiring new staff in the foreseeable future. This information is courtesy of the Federation of Small Businesses who also stated that many of these businesses are still reeling from the recent recession and [...]

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New Tesco boss wants to offer more services

Phil Clarke, the new boss of Tesco has said that the third biggest retailer in the world needs to come up with new services and products after it fell short of its own profit margin. He also said that that the rages of general merchandise also needed improving and quickly. In order to stay ahead [...]

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John Lewis’ sees big slip in consumer confidence

Following John Lewis’ announcement of a second consecutive week slump in sales, worries are accumulating regarding the future of consumer confidence.

The reason this firm is noteworthy is because it has performed far better than the retail sector as a whole, and its failure forebodes a dark future for all. Department store sales slipped 0.9% just [...]

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Graham Beale tipped to be new Lloyds Bank boss

Current Nationwide Chief Executive, Graham Beale, has been installed as the bookies favourite to replace Eric Daniels as boss of the bailed-out Lloyds Banking Group.

Beale is considered the 5/2 favourite by leading betting firm Paddy Power ahead of Lloyds Head of Retail, Helen Weir, at 11/4 and ex-Labour Trade Minister, Mervyn [...]

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How They Blew It - New Book about catastrophic business failures

How They Blew It is a series of eye-popping tales of entrepreneurs and business leaders going from hero to zero. Full of incredible details, and mind-blowing sums of money, it looks at the characteristics of these leaders and the fine line between success and failure.

How They Blew It is about people – the central human [...]

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Venetia Thompson joining Cad and the Dandy bespoke city tailors

Stunning city-mole Venetia Thompson has been named the exclusive stylist and ambassador of bespoke tailors Cad and the Dandy.

Ms Thompson shot to fame when she revealed in The Spectator her experiences of the adrenalin (and prescription drug) fuelled world of the city trader. Her lurid tales of five hour lunches, £800 bottles of wine and [...]

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