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Undercover Columnist
Market Moves
techMARK 1,488.10 -0.19%
FTSE 100 5,133.90 -0.50%
FTSE 250 9,142.31 -0.79%
Wall Street fell out of bed at the start of its trading day after the release of disappointing business activity data and London quickly followed the US market downwards. However, a rally in the last half hour ensured that the FTSE 100 enjoyed its [...]
ITV has dropped a huge clanger by not appointing former Sky boss Tony Ball as its new chief exec. Yes, his reported £30 million pay and incentives package does seem at odds with the current belt-tightened business environment, and yes, his ‘Millwall school of management’ was always controversial and cost him friends in high [...]
Shunting the operating base of HSBC chief executive Michael Geoghegan from London to Hong Kong tells us two things. Firstly, it represents another signal of the increasing shift in economic power from the west to the east. Where a traditional G7 power base of US and European interests once held sway, now it is [...]
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