DATABANK INSIDE the CITY SABAH MEDDINGS the WEEK in the MARKETS the ECONOMY Consumer Prices Index Current Rate Prev
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10 The Sunday Times February 10, 2019 BUSINESS Liam Kelly LETTERS 56-year-old chairman of before Serco and others got Send your letters, including executive had the audacity to arrangements a business has. Mrs M&S awaits her love sausage housebuilder Taylor Wimpey into a pickle for overcharging SIGNALS full name and address, describe me as a “dangerous For those already using a has been keen to link his the government to tag AND NOISE . to: The Sunday Times, threat” to the company. supported package, there is Much derision for Marks & Prufrock wonders name to several recruitment criminals, ushering in a 1 London Bridge Street, Calantzopoulos has likely to be no additional cost. Spencer after the high street whether Rowe, 51, plans to processes, including the dark period for outsourcers. London SE1 9GF. Or email: spearheaded PMI’s drive for For those using spreadsheets, stalwart unveiled a heart- treat the Mrs M&S in his life — chairmanships of John Lewis Beeston knows how tricky [email protected] safer products. That doesn’t bridging products are shaped “love sausage” as a his wife, Jo, an ardent Marks Partnership and the suit hire recruitment can be: he’s on Letters may be edited make him a hypocrite, but a available at about £20 a year. treat for a romantic breakfast shopper — to a love sausage chain Moss Bros. the nominations committee realist. André is an engineer: Our MTD service is live to on Valentine’s Day. on Thursday. He has been at Taylor of the Premier League, careful, methodical, logical. start using. The rules apply Apparently the giant pigs Wimpey since 2010, meaning which has repeatedly failed Philip Morris boss is a He knows if PMI stopped from April, though the in blankets are “lightly that his time is up in July, to find a new chief executive. realist, not a hypocrite making their brands, smokers majority won’t have to do truffled” (a natural Rees-Mogg finds according to new corporate Perhaps he’s just trying to Patience Wheatcroft would simply switch. Even if their first return under MTD aphrodisiac). Cooks are governance rules. help out the headhunters! suggested last week (“Boss, Big Tobacco stopped until early August or later. advised to place a pair of his place in hell Beeston started his career you’d be brilliant as the face production overnight, Theresa Middleton, director of fried eggs in the middle. European Council president at the frozen foods purveyor of our new ad campaign . .”) nobody believes production Making Tax Digital, HMRC It’s pretty racy for a Donald Tusk caused a stir Bird’s Eye and spent 25 years Bankrupt rapist’s that Philip Morris would not be driven retailer whose boss, Steve when he said there was a at the outsourcing giant International’s new underground into the hands Rowe, once described “special place in hell” Serco, rising through the boat comes in Sinister side of the social advertising campaign could of tax-avoiding criminals. BESTSELLING BOOKS “Mrs M&S” as a 50-year-old reserved for Brexiteers who finance department and You can’t keep a good man network: Bryan Appleyard have been driven only by In case anyone wonders, I woman who shops at her did not have “even a sketch ending up as executive down — and you also can’t reviews Zucked: Waking Up “pandering to boardroom no longer have any The Joy of Work local branch 18 times a year. of a plan” for leaving the EU. chairman. He left in 2009, keep Simon Halabi down. to the Facebook Catastrophe vanity”. She added that PMI connection with PMI or Bruce Daisley He was highly prescient: The bankrupt former — a warning on how and its boss, André André Calantzopoulos. 1 Random House (3,305) Eurosceptic ultra Jacob Rees- billionaire and convicted dangerous it has become by Calantzopoulos, “shrieked Steve Ellis, Chestfield, Shoe Dog Phil Knight JUST SAYING . Mogg spent that same FUNNY BUSINESS rapist, who once owned the an early investor hypocrisy” in failing to stop Whitstable 2 Simon & Schuster (2,703) evening in the glowing London headquarters of selling cigarettes. Rich Dad, Poor Dad Calm could be embers of the Marketing JP Morgan and a stake in the CULTURE, PAGE 31 I’m a vehement anti- The taxman is on hand to 3 Robert T Kiyosaki Group’s annual dinner at Shard among other City smoker, and campaigned to help with VAT shake-up Plata (2,632) the Coca-Cola or Claridge’s. Rees-Mogg, 49, properties, has managed ban smoking in public places. In Letters last week, Tony Start With Why 4 Simon Sinek dubbed the honourable a win in the High Court. TWITTER POLL In 1989, I also started working Gardiner wrote that he was Penguin (2,159) McDonald’s or member for the 18th century, His late mother, Intezar as an external consultant with concerned for his business Black Box Thinking Matthew Syed Exxon of the 21st was an unusual choice of Nouri, agreed in 2013 to lend Success Failure PMI, continuing until 2006. ahead of March 29 (“Brexit is 5 John Murray (1,888) speaker for an event that has Isle of Man vehicle Mamimo Throughout those years I bad enough, but a VAT shake- century. We want StrengthsFinder 2.0 previously welcomed Luther II up to $2.5m (£2m) for a challenged their behaviour in up too? Absurd”). 6 Tom Rath Calm to be the actor Idris Elba and Olympic luxury yacht. Halabi, 60, 14% 86% trying to deny that smoking Let me reassure him. Gallup Press (1,722) sailor Sir Ben Ainslie. But my chased Mamimo as the killed and maimed millions. HM Revenue & Customs is The 4-Hour Work Week Timothy Ferriss Nike for the mind mole at the dinner says: “You representative of his Slowly but steadily, PMI conducting the largest 7 Vermilion (1,548) couldn’t him in terms of how mother’s estate for a “breach realised its “positions” on engagement with businesses Who Moved My Cheese? Spencer Johnson he spoke with grace and of the agreement” and its smoking and health were it has ever done ahead of 8 Vermilion (1,544) charm. He had to handle a failure to repay £280,000 untenable and started both Making Tax Digital What They Don’t Teach You at Harvard few hecklers.” that had been drawn down. working towards potentially (MTD) being introduced and Business School 9 Mark H McCormack A judge sided with Halabi viable solutions, known as our exit from the EU. Profile Books (1,462) and awarded him the full Energy prices are set to “reduced risk products”. I We announced that Principles: Life and Work Ray Dalio Michael Acton Smith after Wimpey boss sum, plus interest. soar after regulator Ofgem even suggested they make a postponed accounting for 10Simon & Schuster (1,386) his meditation app became Could this be the start of raised price caps. Has the cigarette-like product that, VAT will apply to all imports the first mental health out to tender an unlikely comeback? government’s policy to instead of a cocktail of deadly in the event of no-deal. Bestseller List prepared by Nielsen company to achieve Will someone give Kevin liam.kelly@ intervene on energy prices chemicals, released nutrition The price of updating to using data supplied by and copyright to Nielsen BookScan, taken from a $1bn valuation Beeston a job? I’m told the sunday-times.co.uk been a success or failure? such as vitamins and MTD-compliant software will the TCM for the four-week period minerals. One senior depend on the existing December 31, 2018-January 27, 2019 DATABANK INSIDE THE CITY SABAH MEDDINGS THE WEEK IN THE MARKETS THE ECONOMY Consumer prices index current rate prev. month FTSE 100 FTSE 100 DOLLAR 2.1% 2.3% Penguin into a joint venture the US — its biggest market — USD > GBP Pearson with Random House in 2012, had fallen 5%. Profit guidance 8,000 CPI including housing current rate prev. month Pearson sold a 22% stake in it for the year would have been $1.29 2.0% 2.2% to Bertelsmann for £761m in cut had it not made extra 7,600 V 0.01 Retail prices index current rate prev. month has hard 2017, keeping 25%. savings, the company said. 12-month high: $1.44 low: $1.24 Pearson has sought to The broker Liberum said 7,200 2.7% 3.2% EURO reposition itself as a digital there was “only so much cost- 7,071.18 Average weekly earnings on prev. month on last year lessons EUR > GBP leader in educational cutting you can do to mask 50.96 H:7,903.5 6,800 materials. The share price the underlying problems 0.73% L:6,536.5 £527 V0.2% U3.3% Unemployment current rate prev. month to learn has bounced back, closing facing the business”. The 6,400 €1.14 on Friday at 926.4p, to value shares fell 6% on the update. FTSE 250 W 0.00 2018 12-month high: €1.16 1.37m 4.0% 4.1% When Pearson sold the the company at £7.2bn. Pearson must now prove it low: €1.10 Source: Thomson Reuters Manufacturing output on the year on last month Financial Times to Nikkei Supporters say Pearson has can maintain printed-book YEN in 2015, it was making a cut its net debt from £2bn in revenues while shepherding RISERS FALLERS YEN > USD V0.4% V0.3% statement as well as 2013 to about £200m by the customers into the digital era.