• Abstract and Figures
• Public Full-text

10 The Sunday Times February 9, 2020 BUSINESS Liam Kelly LETTERS one Paul Manduca becoming delays lies in the small print: Send your letters, including Airbus in an impossible Also, it accepts that methane BP boss in a gas-guzzling dilemma chairman. Small world! opening LA last year was so SIGNALS full name and address, position on bribes released by fracking can expensive, the start-up had AND NOISE . to: The Sunday Times, You reported that Airbus had cancel out the climate change Bernard Looney talks about well as a driver and fuel, to tap investors — who 1 London Bridge Street, been fined for paying bribes benefits of burning gas doing things differently, but when “performing his Silva gets out his include ex-Treasury minister London SE1 9GF. Or email: to induce airlines to buy its instead of coal, yet it is a there are some traditions the duties” for BP. Let’s hope it’s Lord ( Jim) O’Neill — for a [email protected] planes (“Airbus: bribes, fines member of the American new BP boss won’t change. an electric one. borrowing bowl £9.5m loan to plug the gap. Letters may be edited but no names”, last week). Petroleum Institute, which Looney, 49, whose first day After 3½ months of delays, Bearing in mind the alleged successfully lobbied the as chief executive last week Rohan Silva has finally filed size of these payments, it is Trump administration to was disrupted by Greenpeace Short-distance accounts for his shared Heathrow team’s John Lewis can get fit inconceivable that Airbus relax controls on methane. protesters with oil barrels office provider. by slimming down would not have made a Oil companies should be and solar panels outside BP’s relationships The former adviser to flight of fancy Perhaps the answer to Oliver provision in the price of the judged on what they do, not St James’s HQ, has vowed Shriti Vadera bagged quite David Cameron started Talk about breaking an Shah’s question about how aircraft equal to the value of what they say. to tackle climate change, the consolation prize after Second Home in 2015. embargo. Spin doctors for John Lewis can address the the payments. It is equally Robin Russell-Jones, chairman, even joining Instagram to missing out on the Bank of Having grown to four sites in Heathrow have been booked future is to follow the trend of inconceivable that the buyers Help Rescue the Planet, “engage directly”. England governorship, by London, one in Los Angeles to speak at the industry’s consolidation and thin out its would not have known such a Marlow, Buckinghamshire However, his contract getting out of Santander and and another in Lisbon, it annual conference in property estate (“Thinking provision was being made. reveals that Looney, who is being appointed the first reported pre-tax losses of Brighton in May. the unthinkable at John Reprehensible though to be paid £1.3m plus chairwoman of Prudential. £6m despite sales rising by So far, so normal. Except Lewis”, Agenda, last week). such arrangements are, they BESTSELLING BOOKS bonuses, is entitled to a “car When the FTSE 100 53% to £8.2m in 2018. the airport’s head of media, Historically, the retailer would have no effect on the appropriate to his status”, as insurer announced her as the A possible reason for the Jo Roberts, is set to give a talk With today’s paper: your has taken a steady, financial return to the seller The Squiggly Career replacement of fellow City about how the PR team 24-page guide to conservative approach to or its national exchequer, Helen Tupper and Sarah Ellish 1 Portfolio (5,449) grandee Paul Manduca, it “achieved the impossible” Britain’s fast-growing growth. This has been helped other than the beneficial one Rich Dad Poor Dad JUST SAYING . said she was chosen after FUNNY BUSINESS during the “several-year towns and cities by its loyal customer base of providing employment. Robert Kiyosaki searching for candidates battle for a third runway”. being prepared to travel for a Sometimes exporters have 2 Plata (3,732) “from around the world”. Only if the prime minister day out at its large stores. faced the choice of agreeing Factfulness It is likely that Hans Rosling et al That hunt does not appear hasn’t killed the idea by then. TWITTER POLL Since the 1980s, it has to payments of this nature or 3 Sceptre (3,297) levelling up will to have gone much further quadrupled its presence to see the business go overseas. Rebel Ideas than Downing Street. Yes No some 50 sites. This expansion David Langfield, Pyrford, 4 Matthew Syed soon displace Manduca, 68, is also Pay the price has come particularly in its Surrey John Murray (3,088) chairman of the prime southern heartland, creating Never Split the Difference Brexit as the for success Chris Voss and Tahl Raz minister’s financial and 30% 70% what appears to be four BP speaks with a forked 5 Random House (2,548) single most-used professional services Not all awards are as clusters around London. tongue on climate change Shoe Dog word in business council. By happy glamorous as tonight’s The western hub BP has been making the right 6 Phil Knight coincidence, his co-chair is Oscars. Winners of comprises Oxford, High noises about climate change Simon & Schuster (2,473) none other than Baroness CEO Today magazine’s Wycombe, Reading, for decades, and Bernard Start With Why Whitehall Simon Sinek Vadera, 57, a former businesswomen of the year Basingstoke, Newbury and Looney is nothing new (“Will 7 Penguin (2,472) Treasury minister. awards have been invited to Swindon. This does seem to BP’s new boss promise the The Values Compass Perhaps we shouldn’t be cough up £279 for a trophy, be “a store too far”, with its earth on climate change?”, 8 Mandeep Rai surprised that the search £285 for a framed certificate overlapping catchments and last week). The problem is Nicholas Brealey (2,238) StrengthsFinder 2.0 ended so close to home. and up to £3,495 for an easy road links. that more than 90% of R&D Tom Rath Manduca was the senior interview. If enough take the Should Britain co-operate Uniquely, John Lewis may still goes into fossil fuels, and 9 Gallup (2,232) Bank of England chief independent director bait, editor Katina Hristova with America and extradite be able to achieve renewables account for just Who Moved My Cheese? economist Andy Haldane leading the search for Harvey ought to be in with a shout of Mike Lynch over the £7.4bn consolidation while retaining 4% of the world’s current Spencer Johnson 10 Vermilion (1,935) welcomes more McGrath’s replacement winning it herself next year. sale of software developer its characteristically mobile energy supply. BP doesn’t government focus when he left the Pru in 2012. liam.kelly@ Autonomy to HP? customers. invest in coal, but it does Bestseller list prepared by Nielsen using data supplied by and copyright to Nielsen on the regions Six months later, it ended in sunday-times.co.uk @ST_Business John Evans, Ruislip, invest in tar sands, the BookScan, taken from the TCM for the northwest London dirtiest fossil fuel available. four-week periodJanuary 5-February 1 DATABANK INSIDE THE CITY SAM CHAMBERS THE WEEK IN THE MARKETS THE ECONOMY Consumer prices index current rate prev. month FTSE 100 DOLLAR 1.3% 1.5% Christmas forced Joules, grow and more than half the FTSE 100 USD > GBP China which floated in 2016, into its brand’s annual sales, which 7,800 CPI including housing current rate prev. month maiden profit warning after reached £218m last year, are $1.29 1.4% 1.5% a 4.5% drop in peak sales. made online. 7,600 V 0.03 virus may 12-month high: $1.35 Retail prices index current rate prev. month The shares closed at 175p While that is no bad thing, low: $1.20 on Friday, valuing it at rising advertising costs and 7,400 2.2% 2.2% EURO infect £156.4m — down more than ferocious competition are 7,466.70 Average weekly earnings on prev. month on last year EUR > GBP half from its 2018 high point. hitting profits in the fastest- 180.69 H:7,727.5 7,200 £544 0.2% 3.3% Jones is adamant the snafu growing part of the market. 2.48% L:7,004.4 U Joules was a one-off. Is he right? Joules is also focusing on 7,000 €1.18 Unemployment current rate prev. month FTSE 250 V 0.01 It’s far from an ideal growth in America, its biggest 2019 12-month high: €1.21 1.28m 3.8% 3.8% A few weeks into his first chief situation, but he does have overseas market, where sales low: €1.07 Source: Reinitiv Manufacturing output on the year on last month executive role, Nick Jones was some old heads around him. have tripled to about £30m RISERS FALLERS YEN faced with a crisis. Deadly viruses and trade over the past three years Ted Baker: 311.2p U 39.3% on NMC Health: 700p V 45.8% on YEN > USD V 2.0% V 1.7% In the run-up to Christmas, wars were probably the last thanks to partnerships with Toscafund upping stake Reach: 158p short-seller questions Micro Focus: Retail sales on the year on last month clothing retailer Joules erred things Tom Joule, the brand’s small, specialist retailers and U 18.8% on sentiment Indivior: 43.5p 772.1p V 24.7% on slashing forecasts U 14.7% on continuing momentum Intu: 13.4p V 21.4% on continuing woes ¥109.76 U 0.9% V 0.6% by distributing too many founder, could have foreseen department stores such 21,499.29 Evraz: 397.5p U 12.7% on commodity Pharos Energy: 38.4p V 15.6% on U 1.38 flowery dresses and wellies to when he began selling clothes as Nordstrom.

Load more

  1

Copy Link