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He joins Gartmore at the end of the month

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He joins Gartmore at the end of the month.Mr Thornton, 42, is replacing Andrew Carter, who left Gartmore in August to join Royal London Asset Management as chief investment officer. One of the four fund managers axed by Aberdeen Asset Management earlier this month has resurfaced at rival Gartmore Investment Management as head of its UK equities desk. Jon Thornton was among six high-profile redundancies made this month by Aberdeen's 34-year-old chief investment officer Katherine Garrett-Cox within two months of her return from maternity leave. £85 jon edis-bates.co.uk. In that case, the directors involved must pay back the amount of the "donation" to the company plus interest.*Directions: Corporate Governance Issues 2002. This is despite the fact no FTSE 100 companies actually made donations last year and few, if any, are expected to this year.Mr Edis-Bates said many companies may be breaking the law by not gaining prior approval. Jon Edis-Bates, the author of the survey, said the proportion this year could turn out to be even higher as companies prepared themselves for the new legislation.However, the survey also found that only 11 per cent of companies planned to provide performance graphs in their annual reports although 91 per cent said they would disclose the performance criteria on which pay awards were based.The survey also found that the proportion of companies seeking shareholder approval to make political donations is set to rise from 15 per cent in 2001 to 37 per cent this year. Nearly four in 10 companies in the FTSE 100 intend to put their boardroom pay arrangements to a shareholder vote this year – a threefold increase on the previous year – according to a study released yesterday.

The shares climbed 7.5p to 93p.Elsewhere in the retail sector, Carpetright, Britain's biggest carpet retailer, reported sales and gross margins in the second half of its financial year in line with expectations.Separately, the privately owned jewellery group Mappin & Webb reported a 5.2 per cent increase in underlying sales over Christmas.. Accessorize Angels, a range for young girls over three years old, has also done well and is now available in most stores in the chain.Group sales in the six months to 24 November rose by 17 per cent to £99.5m. The company said this had been well received and would be rolled out to 100 stores by the summer. There are 149 Accessorize outlets, which sell bags, belts, hats and other accessories with a further seven planned this year.Last Autumn saw the launch of a new range called Monsoon Baby. Monsoon said the surge had been helped by "buoyant trading on the high street in general and by higher stock levels than last year reflecting our increased confidence in our ranges".Monsoon is best known for its evening wear but Ms Foster has been working to improve the store's casual ranges since joining from the rival New Look fashion chain last year.The company now has 145 Monsoon outlets with five more planned for the second half. In the three weeks to 12 January underlying sales were up 35 per cent. The group said underlying sales in the four weeks to 22 December were up 11 per cent on the same period last year.

The sun has shone through at Monsoon with booming sales over Christmas, boosted by strong demand for party dresses. Monsoon, best-known for its ethnic "hippy chic" style womenswear, reported an 18 per cent increase in half-year profits to £16.3m alongside one of the best Christmas trading updates the sector has seen this year. There was a further negative trading update in November, when Chesterton said uncertainty in the property market had increased.. The chief executive Michael Holmes quit in September after delivering a halving of profits and warning of worse to come. The group revealed it would have to take a £800,000 charge to cover repair of a property and upped its restructuring costs from £2.2m to £2.5m.The company began a series of earnings alerts in June last year, when it announced a slowdown in the property market. It said trading in its residential division was still short of the period in 2000.

The company's shares, which had recovered from a low of 16p in November, dropped 4p to close at 22p yesterday.Chesterton said an anticipated upturn in the commercial property market failed to appear last month. Chesterton will release interim figures for the period in March. Chesterton, the upmarket estate agent, continued to notch up profit warnings yesterday, with the news that it would make a "significant" loss for the first half of its financial year. The company, where the new chief executive Lorraine Baldry started work last week, declined to put a number on the loss expected for the six months to 31 December. Yet most people at Woomera are eventually granted refugee status, recognised as victims of persecution and injustice The paradox is profoundly disturbing.. The asylum-seekers are treated like criminals, incarcerated in an isolated, inhospitable environment.

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