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Management Today | Business, Economic, Political & Financial News

Co-op Bank narrows losses... to £264m

Co-op Bank narrows losses... to £264m

By Adam Gale Friday, 27 March 2015

Cutting jobs, going ethical and slashing its bad debt pile are helping the battered bank recover, but there's clearly still a long way to go.

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Editor's picks

How the entrepreneurs behind Concrete Canvas pivoted to survive and thrive

How the entrepreneurs behind Concrete Canvas pivoted to survive and thrive

27 March 2015

Sometimes entrepreneurs need to compromise on their vision in order to build a successful business.

 
 
Peak profits: The business of rock climbing

Peak profits: The business of rock climbing

26 March 2015

Mountaineering and indoor walls are catching on fast with urbanites bored with the gym.

 
 
 

Latest news

Britain's workers are 'sitting down too much'

Britain's workers are 'sitting down too much'

27 March 2015

The British Heart Foundation wants workers to, ahem, stand up to heart disease.

 
 
Barratt chief executive Mark Clare is stepping down after nine years

Barratt chief executive Mark Clare is stepping down after nine years

27 March 2015

The boss of Britain's biggest housebuilder is going out on top.

 
 
How is Mike Ashley's Sports Direct run?

How is Mike Ashley's Sports Direct run?

26 March 2015

A friendly chat between Sports Direct's chairman and a Commons select committee sheds some light on the inner workings of Mike Ashley's empire.

 
 
Mapped: Britain's 'unhealthiest' high streets

Mapped: Britain's 'unhealthiest' high streets

26 March 2015

Preston is apparently the UK's 'unhealthiest' high street, but it all feels rather judgmental

 
 
Sutherland unveils plans to put the super back into Supergroup

Sutherland unveils plans to put the super back into Supergroup

26 March 2015

The former Co-op boss has landed a deal with Idris Elba and taken back control of the brand's American operations.

 
 
Ed Miliband is the only party leader living in a 'mansion'

Ed Miliband is the only party leader living in a 'mansion'

26 March 2015

But rising property prices mean Cameron and Clegg will soon be hit by any 'mansion tax'.

 
 
BT just can't wait to get into mobile

BT just can't wait to get into mobile

25 March 2015

The telco has launched sim-only contract deals ahead of its planned buyout of EE.

 
 
What are the alternatives to HS2?

What are the alternatives to HS2?

25 March 2015

The Lords have slammed the proposed £50bn rail link, saying the government has yet to make a convincing case for it - but the other options aren't much better.

 
 
Balfour Beatty makes Olympic-sized £59m loss, scraps dividend

Balfour Beatty makes Olympic-sized £59m loss, scraps dividend

25 March 2015

After a string of disastrous profit warnings, the construction firm's annual results are in - and there's no succour for long suffering shareholders.

 
 
What the Kraft-Heinz merger says about all-American food

What the Kraft-Heinz merger says about all-American food

25 March 2015

The deal is backed by Warren Buffett and the ketchup company's Brazilian private equity owner 3G. Heinz definitely means business.

 
 
Monitise ditches its founder

Monitise ditches its founder

25 March 2015

Alastair Lukies, who launched the company back in 2003, has stepped down as co-CEO.

 
 
FTSE 100 boards are now nearly 25% women

FTSE 100 boards are now nearly 25% women

25 March 2015

Lord Davies' latest report is out and 23 FTSE 250 companies still don't have any women on their boards.

 
 
Morrisons's new CEO is taking no prisoners

Morrisons's new CEO is taking no prisoners

24 March 2015

David Potts has ditched five senior directors after his first week in the job.

 
 
Can House of Fraser crack China?

Can House of Fraser crack China?

24 March 2015

Having a Chinese owner can't hurt.

 
 
Tesco's own shareholders could sue it for billions of pounds

Tesco's own shareholders could sue it for billions of pounds

24 March 2015

A group of lawyers has said it plans to bring a claim against the supermarket for overstating its profits.

 
 
Time for Greece and Germany to kiss and make up?

Time for Greece and Germany to kiss and make up?

24 March 2015

It's all smiles and handshakes in Berlin as Merkel and Tsipras meet, but that doesn't mean an end to their Euro-threatening standoff over Greek fiscal reforms.

 
 
French Connection to Foot Locker: 48 companies 'named and shamed' for not paying minimum wage

French Connection to Foot Locker: 48 companies 'named and shamed' for not paying minimum wage

24 March 2015

Big companies have been pulled up too, but it's small businesses that are really shortchanging workers.

 
 
Myanmar's first social network plans to float in London

Myanmar's first social network plans to float in London

23 March 2015

MySquar is chaired by Bell Pottinger founder Piers Pottinger.

 
 
Brexit could cost Britain £56bn

Brexit could cost Britain £56bn

23 March 2015

A new study finds that leaving the EU could cost the UK 2.2% of its GDP - or gain it 1.6%. Forecasts, eh?

 
 
Yet another non-exec director is leaving Tesco's board

Yet another non-exec director is leaving Tesco's board

23 March 2015

Former Unilever chief exec Patrick Cescau will retire on April 7.

 
 

Features

We might have more women on boards - but we've not won yet

27 March 2015

Achieving Lord Davies' 25% target is just the start, says O2 HR director Ann Pickering.

 

Workplace Rights: Is Fit for Work a healthy innovation?

27 March 2015

What are the implications of the new scheme for employers?

 

How to give your company a spring clean

26 March 2015

Take time away from working in your business to work on it, says Jo Haigh.

 

Talent management lessons from Kim Kardashian

26 March 2015

The clever thing about stupidity is that it sells, says Tomas Chamorro-Premuzic.

 

The 'research' that isn't actually research

25 March 2015

It's time for the PR industry to clean up its act.

 

Inflation: The real meaning of zero

24 March 2015

EDITOR'S BLOG: Prices aren't going up at all in the UK at the moment. But zero has its good and bad sides, says Matthew Gwyther.

 

Will Vladimir make an unwelcome return to the Baltic?

24 March 2015

Few nations are more concerned about the Ukrainian crisis than booming Lithuania. And no wonder - a resurgent Russia could seriously threaten its hard-won recovery.

 

Entrepreneur lands £5.2m investment on day his wife goes into labour

22 March 2015

Dan Gandesha, CEO and founder of Property Partner, has had a busy month.

 

It's time the immigration debate grew up and grew out of UKIP

20 March 2015

EDITOR'S BLOG: Little England miserablism isn't going to get us anywhere, says Matthew Gwyther.

 

How to manage change in a fast-growing business

20 March 2015

Your company needs to evolve as it takes on more staff and clients.

 

Meet the Welsh dairy farmer who's milking China

20 March 2015

Laurence Harris has built his family farm into a multi-million pound business.

 

10 of the toughest job interview questions

18 March 2015

From calorie and car counting gone mad to making us choose between our childhood heroes, these are some of the trickiest interview questions around.

 

How to get started with exporting

13 March 2015

Don't be afraid to take a leap into international markets - but do your research first.

 

Meet the British entrepreneur taking on Uber

13 March 2015

Nicko Williamson is hoping Bounce will prove more of a hit with cabbies than its American rival.

 

Meet the entrepreneur bringing a collapsed F1 team back to the grid

06 March 2015

Stephen Fitzpatrick, founder of Ovo Energy, spoke to MT about his plans for Manor Marussia.

 

How Dundee Utd's Justine Mitchell bounced back from tragedy

05 March 2015

She lost her father and husband within days of each other. Now she's a successful entrepreneur.

 

StyleHaul: The $150m company making YouTube stars pay

04 March 2015

Stephanie Horbaczewski has built a network of vloggers that rakes in 1 billion views a month.

 

Why is the Swiss franc losing its 'safe haven' lustre?

01 March 2015

The Swiss currency has only been devalued once since 1850, but it's finding itself adrift in a world awash with debt.

 
 

The MT Interview

Rio Tinto's Sam Walsh: The FTSE boss who used to drive a recycling truck

Rio Tinto's Sam Walsh: The FTSE boss who used to drive a recycling truck

By Andrew Saunders Friday, 30 January 2015

THE MT INTERVIEW: With commodity prices tumbling, Rio Tinto's CEO ought to be worried. But if he is, the unflappable Aussie isn't letting on.


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