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...A 30-year veteran of PwC’s consulting business, his clients include private equity firms such as Blackstone and his CV boasts work on more than 250 transactions as he rose through the ranks of the firm’s...
...Asda and EG have worked to bolster their governance in recent years, bringing in UK retail veteran Lord Stuart Rose as chair of both companies and former Land Securities chair Dame Alison Carnwath as chair...
...Email: stuart.kirk@ft.com; Twitter: @stuartkirk__...
...Chief executive Stuart Machin must hope that today’s number one, Taylor Swift’s “Is it over now?” does not presage how his efforts will pan out. Maintaining the momentum for change will get harder....
...Romance scams — in which fraudsters latch on to people looking for love — rose by over a fifth in 2023, underlining the growing appeal of this highly manipulative form of fraud to criminals....
...Like-for-like sales of clothing and home goods rose 4.8 per cent to £1.2bn, above expectations of 2.8 per cent, partly because the company offered fewer discounts....
...Exxon’s chief financial officer Kathryn Mikells hailed a “great end to a great year”. Shares in Chevron were up 1.1 per cent in pre-market trading in New York, while Exxon rose 0.7 per cent....
...According to trade body UK Finance, APP fraud rose by 22 per cent in the first half of 2023 compared with the same period the previous year....
...At Stuart Shave’s Modern Art on Helmet Row, off Old Street, we recently saw a beautiful group show that included some of our favourite artists, including Lucian Freud, Leon Kossoff, Lubaina Himid and Michael...
...Email: stuart.kirk@ft.com; X: @stuartkirk__...
...“Predominantly, these are areas of fraud which banks are more comfortable detecting and preventing,” said Kathryn Westmore, senior research fellow for financial crime at the Royal United Services Institute...
...The profit was built on a tripling of revenues that rose to £12.5bn due to higher gas and electricity prices and a growth in customer numbers....
...In the Middle East, it’s all about rose petal variants, shisha-style. But I’m told “energy drink” flavour is about to go viral....
...Lord Stuart Rose, who chairs both Asda and EG, said that the transaction was primarily meant to turn Asda into “a new retail champion in the UK”....
...M&S said like-for-like food sales rose 9.9 per cent to £2.3bn in the 13 weeks to December 30, ahead of the 6.6 per cent expected....
...Like-for-like food sales rose 9.9 per cent in the most recent third quarter; clothing and homeware was up 4.8 per cent on the same basis....
...Also, my favourite ESG sceptic, Stuart Kirk writes that “we are all hypocrites on corporate governance”....
...Davies’ eight-year stint as chair is due to end next year, with the board having enlisted headhunters Spencer Stuart to find a successor several months ago, according to people with knowledge of the process...
...“The big Gulf carriers continue to believe strongly in the superconnector model and therefore anticipate some growth,” said Edmond Rose, an aviation consultant who works in the region....
...Dog roses are native but otherwise roses, like so much of UK flora, come from elsewhere: dahlias from Mexico, regal lilies from China, roses from Asia, elderberry from North America, to name but a few....
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