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Evening Standard column

Lucy Tobin

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Goldman told to slash bonuses

Some of Goldman Sachs’ biggest shareholders have told the investment bank to slash the size of its record bonus pot and pass on a bigger chunk of its earnings to investors

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Astra faces 6000 side-effects claims over mind drug

AstraZeneca could face as many as 6000 lawsuits after a judge in America ruled that claims against its psychiatric treatment Seroquel should be put on trial separately

Mothercare aiming to boost UK staff and its overseas expansion

Mothercare is hiring 400 extra UK staff over the next three years and ramping up the rate of its overseas store openings as the kidswear and baby-product specialist expands

A chill wind for nest eggs as inflation climbs

A rise in the official inflation level today means only one in five savings accounts offers a real rate of return, leaving thousands of Britons facing depreciating nest eggs

Caplan buys kitchen-maker

Madonna and Robbie Williams’ kitchen-maker, Alternative Plans, was bought from administrators MCR by Leo Caplan, the entrepreneur who also bought kitchen designers Smallbone and Mark Wilkinson when they went bust

Rush to feed OAPs as meals firm goes bust

One of the country’s biggest suppliers of meals-on-wheels to the elderly today collapsed into administration, forcing councils to put back-up plans in place to prevent pensioners from going hungry

Majestic bubbly but it’s still tough for wine trade

Analysis: Majestic Wine was popping the champagne corks as it posted first half sales up by £12.6m. But news from the rest of the off-licence industry is far more sober

Glaxo £300m deal on nicotine vaccine

Smokers could receive a vaccine to help kick the nicotine habit if GlaxoSmithKline’s latest $500 million (£300 million) deal works out

Hornby supplied with profits slide

Model maker Hornby today posted first-half pre-tax profit down by two thirds to £700,000, but said its supply problems were over and the future looks “very positive”

Fears grow of City exodus over 50% tax

The news that 50 of BlueCrest's millionaire hedge fund traders are fleeing London to set up camp in Geneva has sent shockwaves through the City

Waitrose thanks M&S for boost

Waitrose said a big thank you to Marks & Spencer for its “high-profile advertising campaign” after the John Lewis-owned supermarket saw soaring sales of its tea bags, penne pasta and sausages, all featured in M&S’s price comparison ads

Customers to win as WH Smith draws up festive battle plans

Shoppers look set to benefit from more discounts and offers on books and stationery this Christmas after WH Smith today said it expected “competitive trading” with its rivals in the coming months

Burberry’s creative star is scaling new heights

Christopher Bailey, the designer credited with helping to turn Burberry into one of the world’s biggest fashion labels, was today appointed chief creative officer “in recognition of his outstanding contribution to the brand”

High-rollers flocking to quit wealth-tax UK

A fifth of the UK’s high-rolling entrepreneurs are planning to leave Britain when the 50% tax regime comes into play next April, accountancy firm Tenon warned today

Fundraising to slash Yell’s debt mountain

Yell today announced a £660 million fundraiser via a placing and open offer, as the Yellow Pages publisher looks to cut its £3.8 billion debt pile

Long-haul fliers spurn Aer Lingus

Aer Lingus, which fought off an acrimonious takeover bid from Ryanair, today said revenues fell 10% in the past three months compared with the same time last year

Premiums boost Lloyd’s pair

Lloyd’s of London insurers Hiscox and Beazley enjoyed the calm after the storm in the last three months, boosted by higher gross premiums and investment profits

Banks ‘causing property bottleneck’, says expert

Britain’s banks are causing a bottleneck in the commercial property market by holding onto seized assets rather than selling them on, an industry expert warned today

Segro £110m property sale

There was hard evidence of the building momentum in the commercial property market, when Segro announced a £110 million deal to sell a Southall industrial park

John Lewis sales sparkle

Bonfire night saw demand for fireworks rocket by a quarter year-on-year at John Lewis, helping the department store chain post yet another weekly sales rise, this time up 8%

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