What's the difference between the old Tesco boss Sir Terry Leahy and the new one, Philip Clarke? Clarke is slightly more prickly. Not by much, but just enough to be noticeable.... more
Remember Goldman Sachs' endless spinning that it wasn't a recipient of the AIG bailout, and that the $14 billion it received at the time went to clients and counterparties, not to itself?... more
This is the time of year when awards are handed down. One of the better contests, that has consistently produced the right result it seems to me, is Management Today's most-admired companies. ... more
Tesco chief executive Sir Terry Leahy gives surprisingly upbeat view of consumer spending and says the supermarket's bank will launch mortgages and current accounts next year... more
Comment: Some may suppose it’s coincidence that, like outgoing chief executive Sir Terry Leahy, his replacement Philip Clarke hails from Liverpool. But is it?... more
Profile: The choice of Philip Clarke as Sir Terry Leahy’s successor as CEO shouldn’t have come as a surprise, given his track record and Asian expertise... more
Yes, I know they’re intent on dominating Britain, I know they’ve ruined towns and high streets. But I confess to finding myself thinking: what can't all bosses learn from Sir Terry Leahy... more
Nick Goodway's great grandfather once owned a very well-known grocers on Piccadilly, but he wouldn't back his chances in today's sector despite good Christmas figures... more
At the recent presentation of Management Today's Most Admired Companies awards, I was forced to contemplate, not for the first time at that annual ceremony, the phenomenon that is Tesco... more
There could be a trend developing. Here, the Royal Bank of Scotland board is threatening to quit if the Government blocks the bank's bonus awards (rumours swept the market yesterday that they had indeed resigned, but these later proved to be false)... more
Shareholder anger over executive pay boiled over when investors holding a hefty 42% of the stock refused to back Tesco's decision to make its share option plan even more generous... more
I don't hold any brief for Sir Ronnie Cohen but I well recall sitting with the private-equity veteran and listening to his warning that unless something was done about the widening gap between rich and poor, riots would result... more
Occasionally, a story comes along that obliges you to do a double-take. One such was the report yesterday that Sir Alan Sugar is being lined up by Labour insiders for the London mayoral race in four years' time... more
Morning:
6°c
