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Advocate Kathryn Purkis, Collas Crill's pan Island head of Fiduciary, has been named on the Honours list, Citywealth's highest accolade.Advocate Purkis said: "I'm very pleased indeed to be listed in august company in the Honours li...
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The newly-appointed managing partner of Mourants in Jersey has been appointed President of the Law Society of Jersey.Advocate Jonathan Speck, who has been an Advocate for 20 years, has replaced Advocate Tim Hanson, wh...
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Outgoing Sainsbury's boss Justin King has capped his decade in charge of the supermarket by announcing a ninth successive year of annual profits growth, but warned of tough times ahead. Underlying profits before tax rose 5.3% to £798 million in the year to March 15, but like-for-like sales for the period were almost flat, edging up 0.2%.Mr King, who will hand over the reins of the grocer to commercial director Mike Coupe in July after ...
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Former City minister Lord Myners has laid out his plans for saving the Co-op with a final broadside to traditionalists "still stuck in denial" over its failings. He admits he is "less confident" the group will choose the radical decisions he believes are needed to overhaul the current deficiencies in governance at the ailing mutual, which last month reported annual losses of £2.5 billion.The basis of his proposals, which include the abolition of the group's 21-member board to be replace...
Read More »Business Secretary Vince Cable has said he will not rule out intervening in any formal bid by US pharmaceutical giant Pfizer to takeover AstraZeneca but insisted the Government is taking an neutral approach. The Liberal Democrat told MPs he is "open-minded" about applying a public interest test and is "very alive to the national interest considerations" but the bid is "ultimately a matter for shareholders".It comes after MPs announced they are to question senior executives from Pfizer over its £63 b...
Read More »A respected international think-tank has upgraded its growth forecast for the UK to 3.2% this year - but warned that action may be needed to cool the housing market. The Organisation for Economic Co-operation and Development (OECD) revised its estimate from 2.4% last November, saying it believed the recovery had now "taken hold".But it cautioned that consumer spending remained the main driver of growth, and urged the Government...
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