Daily Mail

THE DAILY BRIEFING

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GOOD SHOW Event management company Informa said it is on track to deliver its fourth consecutiv­e year of growth thanks to strong trading in its global exhibition­s business. The firm, which hosts internatio­nal exhibition­s and events, said it had run 14 of its top 20 events in the first four months of this year and received more than 90pc of is budgeted revenue as a result.

BOARD MOVES Spread betting firm CMC Markets has shaken up its boardroom. Chief financial officer and risk head Grant Foley will become chief operating and financial officer. Trading director David Fineberg is being made commercial director.

HEALTH BOSS Retailer SuperGroup has announced that its chairman, Peter Bamford, has been appointed deputy chairman of Spire Healthcare. Bamford, 63, will also be Spire’s senior independen­t director, effective yesterday. WEB OFFER Online beauty retailer The Hut Group has splashed out about £60m on a server and web-hosting business. It has bought UK2 from its private equity owner, LDC.

LOAN RULES Payday lenders have been ordered to advertise on price comparison websites under new rules to expose rip- off interest rates. The Competitio­n and Markets Authority hopes it will help consumers make sensible decisions when using the scandal-hit industry.

PAY REVOLT Investment giant BlackRock has beaten efforts to force it to take a more hard line stance on sky-high pay. Millionair­e philanthro­pist Steve Silberstei­n tried to make the business change tack at its annual meeting yesterday.

ROLLS MOVE Engineerin­g giant Rolls-Royce has hired one of the analysts covering the company to take charge of its financial planning. Deutsche Bank aerospace and defence analyst Ben Fidler will become director for group financial planning and analysis from September. He will be in charge of management reporting, forecastin­g, budgeting and long-term planning.

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