A BUSINESS event that will raise money for Haiti is being held in Liverpool this lunchtime.
Liverpool City Rotary has organised a networking event at the Lady of Mann pub, Dale Street, from 12pm to 2pm.
The money will go towards shelter boxes and will add to the £3,000 already raised by the group.
Entry is £10 and organisers are encouraging business people to drop in when they can and show their support.
The Swiss fund looking to buy the closed Coventry Airport has said
it could reopen in a matter of weeks, in a move which could herald the
return of passenger flights to Coventry.
The airport closed
down in December with the loss of 70 jobs, after it faced a winding up
order in the High Court over unpaid tax bills.
The airport had
been running solely as a freight hub after its last passenger carrier –
Thomsonfly – left the airport in November 2008.
announcement came just a month after another operator – Wizz Air –
pulled out of Coventry, where it had run flights to Poland.
But a Swiss investment firm now looks set to buy the airport – and has said it could restart passenger flights into Coventry.
Development Partners has been in talks with the landowners, Coventry
City Council, about buying the site – a move that could safeguard
hundreds of jobs.
ADP is a private airport investment and development firm based in Switzerland, but with mainly American investors.
fund said it planned to use the airport as a passenger hub serving
European destinations, as well as being a centre for freight traffic
and aircraft repairs.
Chief executive Thomas Frankl said
Coventry could succeed even given the competition from nearby
Birmingham and East Midlands airports.
He said: “You might
argue that three airports is a lot, but the Midlands is the second
biggest economic powerhouse in Great Britain so really there is room
for that demand,” he said.
“There would be some overlap, but I
would look at Coventry specialising in general aviation and ad-hoc
freight, Birmingham on passenger traffic and East Midlands on big cargo
“There needs to be more signs of a solid recovery
before we would look at passenger traffic, not necessarily low-cost but
niche carriers. Everything is possible in the future.”
Richard Pennycook, the chain's finance director, is front-runner for the job,
but he was facing competition from two executives from European retail
groups. The name of the winning candidate could be announced as soon as this
Mr Bolland was announced as the new chief executive of M&S last November.
Although he no longer works at Morrisons on a day-to-day basis the chain has
yet to release him from his contract, which runs until November. Earlier
this month Sir Stuart Rose, M&S's executive chairman, said that Mr
Bolland was unlikely to join M&S before the spring.
Whoever gets the job to replace Mr Bolland will inherit the UK's
fastest-growing large supermarket in sales terms. Last week Morrisons said
that like-for-like sales over the six weeks to January 3 rose by 6.5pc,
excluding petrol and VAT. The figure compares to 4.9pc at Tesco and 4.2pc at
J Sainsbury, although all chains reported for different time frames.
Last week Sir Ian Gibson, Morrisons' chairman and the man overseeing the
appointment, warned that 2010 is likely to be a difficult year for the
consumer economy: "Although we remain cautious on the economic
environment and consumer spending, we look forward to further progress in
the coming year."
On Monday Morrisons will open three new stores, creating up to 800 jobs. The
stores are in Streatham in South London, Dover and Willenhall, near
League Managers Association
THE League Managers' Association, much more of a force in football
since Richard Bevan became chief executive, are planning to increase
their profile by moving headquarters to the National Football Centre in
Bevan will be an
interested onlooker at today's FA unveiling of their plans for the NFC,
which is still to reach the planning permission stage.
But at least there is now united FA commitment to the long-delayed
centre which has seen little progress since the land was bought in 2001
other than the installation of training pitches.
Bevan wants his
LMA to relocate from their business park home outside Leamington Spa to
purpose-built offices in the Burton complex, which is to become a
global hub of football and the ideal location for managers and coaches
to learn their trade.
'The NFC is set to become a university of football and, hopefully, the
interaction that takes place there should do a lot to improve the
relationship and understanding between all the stakeholders in English
football.' The leading light in restoring the NFC dream has been FA
board member David Sheepshanks.
He is expected to become an executive chairman of the centre, because
his hopes of a second term as Football League chairman are slim due to
his Ipswich connections conflicting with the current search for an
Business travel budgets have shown signs of recovery as the UK looks to emerge from recession, it has been reported.
conducted by the Business Travel and Meetings Show found that more than
a quarter of travel budgets will be boosted for 2010 and 35 per cent of
buyers plan to book more trips.
Around half of budgets will remain stable, and just 27 per cent of managers will have less money to spend, the firm claimed.
Upton, editor of Business Travel Magazine, said there are "definite
signs of an upturn" but business travel behaviour has changed during
The same survey from the Business Travel and
Meetings Show indicated that 81 per cent admitted they had implemented
stricter travel policies this year.
Ms Upton commented: "The
new era of corporate responsibility would suggest the pattern of
downgrading and switching internal meetings to web conferencing,
telepresence or videoconferencing will accelerate and certainly
With technology improving all the time, she explained
that the new trend of "travelling smarter" will see businessmen working
from their smartphones.
And firms which are still using business
travel are looking to arrange fewer but longer trips, and gain greater
value by booking further in advance, she added.
British Airways, passenger capacity last month, measured in Available
Seat Kilometres, was down 4.2 per cent on December 2008 levels.
House of Fraser
Department store chain House of Fraser has revealed record seasonal trading as it offered more signs that retailers enjoyed a robust Christmas.
chain followed the lead of rivals such as John Lewis and Next by
posting like-for-like sales growth of 7.1 per cent for the eight weeks
to January 2, including its best ever Christmas week and a Boxing Day
sales jump of 27 per cent.
It also hailed a 33 per cent rise in
sales for its “House” labels, such as Linea, Kenneth Cole, New &
Lingwood, Howick and Episode. Women’s fashion accessories were up 20
per cent and menswear up 12 per cent on a like-for-like basis, it added.
executive John King said the performance reflected ongoing efforts to
improve the business, such as through store refurbishment activity and
efforts to develop the popularity of the own-brand products.
added: “It was pleasing that we had our biggest ever Christmas week and
Boxing Day, with some of our stores, such as Oxford Street,
experiencing their strongest ever performance.”
Online sales were up 91 per cent in the eight-week period, with cosmetics, knitwear and boots being the most in-demand items.
Despite the festive improvement, House of Fraser chairman Don McCarthy said he remained cautious about trading prospects in 2010.
we are confident that investments we have made across our portfolio
since being taken private will mean our customers have many reasons to
visit our stores over the coming year,” he added.
Fraser has 62 stores in the UK and Ireland, including four recently
opened shops at the Westfield Centre in London, in Bristol, High
Wycombe and Belfast. It employs around 16,000 people.
retailer was taken private by Highland Holdings in November 2006 in a
£350 million deal. It was backed by Icelandic retail investor Baugur,
which collapsed earlier this year. Baugur’s 34 per cent stake in the
retailer was then put into the hands of the Icelandic bank Landsbanki.
Mitchells & Butlers
Turbulent pub group Mitchells & Butlers had
some late Christmas cheer after announcing sales had risen over the
The Birmingham company,
which owns chains like All Bar One, Harvester and Sizzler, said sales
had risen 3.4 per cent in the six weeks leading up to January 2 – which
it claimed as a good result taking into account the poor weather over
the New Year. The growth was skewed towards food sales at suburban
sites, rather than drink.
A statement released to the stock
exchange said: "The board is still cautious on the outlook for consumer
spending especially in the second half of the year. However, Mitchells
& Butlers’ leading brands and proven operational ability mean that
we can face the future with confidence."
The growth beat
analysts’ predictions, and is a piece of good news for the firm, which
has been involved in a boardroom struggle for the past few months.
board has been at odds with the major shareholder, billionaire Joe
Lewis, who it accuses of trying to surreptitiously take control of the