Pali International

High street 'legend' Davies quits M?S

George Davies, the veteran fashion designer behind the Next and George at Asda brands, will step down as part-time chairman of Marks & Spencer's Per Una clothing range next month, dealing a blow to the retail chain. Photo: PA...

DSG dips despite talk of PC City sale

DSG International, the former Dixons, has fallen back in the wake of the gloomy outlook statement from rival retailer Carphone Warehouse.DSG shares are down 2.25p to 17p, despite reports from Spain that it has put its PC City...

Market forces: A day of gloomy news

On a day of gloomy news, a couple of speculative features stood out. Premier Foods jumped 3.5p to 30.5p on talk that United Biscuits, its private equity-owned rival, had made an approach to buy its Mr Kipling cakes business....

Sales dive 14pc at John Lewis as Christmas fears mount

Sales at John Lewis tumbled 14pc last week, raising further fears about faltering consumer confidence in the run up to the Christmas trading period. By Richard Fletcher and Roland Gribben Father Christmases on London's Oxford...

Merryn Somerset Webb: Scraping the barrel for real returns (Financial Times)

Because I was becoming more convinced that everyone fussing about inflation was worrying about the wrong thing. So I expected the Bank of England to soon stop threatening inflation-busting rate rises and to start slashing base...

The Green revolution: Sir Philip Green

Published Date: 16 November 2008 Sir Philip Green is in the mood to boost his high street portfolio with the best bits of Baugur – if the price is right, writes William Lyons HE HAS a reputation as a swashbuckling...

Market Report: Prudential boosted by hope of Asia upturn

The insurer Prudential touched an intra-day high of 310p, up 40.5p, yesterday after MF Global said that the stock, down 37 per cent in the last month alone, should "be bought aggressively". Analyst Trevor Moss argued that the...

Good health of pensioners makes bad news for L&G

Legal & General fell 2.3p to 70.2p against a rising insurance sector yesterday over worries about its exposure both to toxic assets and to healthy pensioners. JPMorgan analyst Andrew Hughes believes that the insurer will have a...

Comet's credit insurance cut back as crisis spreads

Coface reduces insurance cover to some suppliers The UK electricals chain Comet has become the latest big retailer to have its credit insurance scaled back, as the consumer recession and financial crisis gripping the retail...

MARKET REPORT WITH ROSAMUND URWIN: Analyst fears DSG 'may unravel after Christmas'

Could electrical retailer DSG International go bust? Nick Bubb at Pali International, one of the leading lights of the retail sector, today wondered aloud if the business is spiralling downwards. 'In theory, net debt of...

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