Egypt

Along with one of the biggest write-downs in British corporate history, BP announced on Tuesday 27 July 2010, that its Chief Executive Officer, Tony Hayward, is to step down on 01 October. He will be replaced as CEO by Executive Director and the company's current head of US operations, Robert Dudley.

New Look, the privately owned clothing retailer, has said that it is confident but cautious on the year ahead after posting a rise in profit of nearly 18 per cent for the full year ended 27 March 2010.