Cameron ready to announce his panel of business advisers today

first_imgThursday 30 September 2010 11:06 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap KCS-content Show Comments ▼ TWO MORE business figureheads were named as part of David Cameron’s panel of business advisors, Sky News reported yesterday. Indian businessman Ratan Tata and Sony president and chief executive Sir Howard Stringer are set to join a raft of hand-picked industry heads in the government’s business interest group. Also in the frame are Centrica chief executive Sam Laidlaw, BAE Systems chairman Dick Olver and WPP advertising magnate Sir Martin Sorrell. The Prime Minister’s Office is set to name the advisory panel today. It is expected to be a more informal affair than Gordon Brown’s Business Council for Britain panel, which caused controversy before the election when the panel said it was happy to serve under a Conservative leadership. The new group will have some overlap in Diageo’s Paul Walsh and GlaxoSmithKline’s Andrew Witty. whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Cameron ready to announce his panel of business advisers today Share whatsapp Tags: NULLlast_img read more

WHAT THE OTHER PAPERS SAY THIS MORNING

first_img Show Comments ▼ whatsapp whatsapp THE TIMESLLOYDS AWAITS RULING ON ‘MISSOLD’ POLICIESLloyds Banking Group has confirmed that it will freeze grievances from customers who believe that they were missold PPI policies until a review sought by the British Bankers’ Association is complete. The BBA called for the inquiry last week as part of an increasingly bitter wrangle with the Financial Services Authority about standards set to come into force in December.PRIVATE HOSPITALS UNDER OFT SCRUTINYBritain’s private healthcare sector is under scrutiny from the Office of Fair Trading amid complaints from new players that the market is not sufficiently competitive. The regulator has conducted an initial inquiry but has not decided whether to pursue a full investigation.The Daily TelegraphUS HOUSING MARKET FACES NEW THREAT FROM FORECLOSURE ROWThe US housing market faces a new threat from a row over how banks repossess homes. Bank of America has halted foreclosures across the country amid allegations homes are being seized on data that has not been properly checked. JPMorgan Chase and Ally Financial have also suspended foreclosures. Politicians have caled for a national suspension until the situation has been investigatedHEWLETT PACKARD TO CUT 1,300 UKJOBSComputer giant Hewlett Packard is to cut a further 1,300 jobs in the UK and switch work overseas, unions have claimed. The cuts, which come on topof up to 900 job losses announced in June, were immediately attacked by Unite as “butchery” of the companysUK workforce.WALL STREET JOURNALIRELAND’S TAXES UNDER PRESSUREDebt-ridden Ireland is under increasing pressure to reverse the policy that helped to spur its breakneck growth: More than a decade after it slashed corporate tax rates to attract businesses, it is fielding calls to raise them again Policy makers in Europe are pressuring Ireland to bring its tax policies more in line with other EU nations, many of which have chafed at Ireland’s use of low corporate taxes to woo business.PLANS GROW FOR EUROPEAN AUDIT COPThe European Union begins consultations this week on proposals to regulate audit firms that could lead to their oversight by a pan-European market supervisor. The consultation is being launched following weaknesses that officials say were identified during the financial crisis. Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPuffer fish snaps a selfie with lucky divernypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Tags: NULL WHAT THE OTHER PAPERS SAY THIS MORNING Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusUndo Monday 11 October 2010 9:44 pm KCS-content FINANCIAL TIMESBLOW TO BANK CRISIS PLANSRegulators are struggling to create a global mechanism that could wind down a big financial institution without the disruption caused by Lehman Brothers’ collapse in 2008. The US is due to propose its own “resolution” regime. But policymakers attendingmeetings around the Internationa Monetary Fund have criticised the regime and said agreement on it was unlikely.CDC FACES SHAKE-UP AFTER ANGER AT PAY CDC Group, the state-owned private equity investor in emerging markets, faces an overhaul of its structure, strategy and executive pay under plans to be announced by the government. The £2.5bn taxpayer-funded development group has struggled to meet objectives of reducing worldpoverty and making profits.GOOGLE TO MAP INFLATION USING WEB DATAGoogle is using its vast database of web shopping data to construct the ‘Google Price Index’ – a possible alternative to official statistics. Google’s chief economist, Hal Varian, highlights how economic data can be gathered more rapidly using online sources. Varian said that the GPI was a work in progress and Google had not yet decided whether to publish it.EDITORS ATTACK FSA PLANS TO PLUG LEAKSA clampdown by regulators on conversations between financial firms and the media is “misguided” and “will only injure the market integrity they purport to protect”, the editors of four top media organisations say in a letter to the Financial Services Authority. The editors wrote to Hector Sants, FSA chief executive, to protest against recommendations issued in an effort to staunch leaks to the media about deals.last_img read more

Bank of America losses widen

first_img whatsapp Bank of America losses widen Tuesday 19 October 2010 7:56 am Show Comments ▼ John Dunne Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Bank of America Corp, the largest US bank by assets, said its net its third quarter net loss quadrupled from a year ago, as the bank recorded a previously announced $10.4bn (£6.5bn) goodwill charge for its card businesses.The bank reported a net loss of $7.3bn, or 77 cents per share, from a year-earlier loss of $2.2bn, or 26 cents per share.Excluding the non-cash goodwill charge, the bank reported net income of $3.1bn, or 27 cents per share, beating analysts’ forecast for 16 cents, according to Thomson Reuters center_img whatsapp Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndo Tags: NULLlast_img read more

Standard Life sees assets climb

first_img John Dunne Show Comments ▼ Share Standard Life said it expected more profit growth despite tough economic conditions and posted a rise in assets under administration for the first nine months of the year.Standard Life, Britain’s fourth biggest insurer by market capitalisation, said assets under administration for the nine months to end-September rose 13 per cent from last year to £192.4bn.The company said it had enjoyed higher sales of fixed interest savings products and more business from institutional clients.In August, Standard Life reported a 10 per cent rise in its first-half operating profits, helped by growth at its overseas divisions.“The momentum we have built through the year positions us well to increase future cash flows and profit generation,” Chief Executive David Nish said in a statement, adding that the company was well placed to back its progressive dividend policy. whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Standard Life sees assets climb whatsapp Wednesday 3 November 2010 4:28 am Tags: NULLlast_img read more

SSE posts dip in profits but lifts dividend

first_img ELECTRICITY firm Scottish & Southern Energy yesterday posted forecast-busting first-half profits and pledged to stick to plans to raise its dividend, boosting its shares.SSE blamed high wholesale gas prices and low renewable energy output for a 6.1 per cent fall in adjusted first-half pre-tax profit to £386m, beating market forecasts of £361m.The group’s shares rose 3.8 per cent to 1,160p as it raised its half-year dividend 6.7 per cent to 22.4p and said it was on track for a two per cent real rise in 2010/11 to at least 74.5p per share.SSE, which has 9.9m customers, will lift household gas prices by 9.4 per cent from 1 December due to “continuing losses” at its gas supply business, Southern Electric Gas,The group has put off plans to build more gas storage due to regulatory uncertainty and lower profits, but hopes to open its first nuclear plant around 2023, it said.Chairman Robert Smith said lower renewable energy production and higher gas costs had made the last six months tough, but the group’s underlying performance was good.“SSE’s key financial objective is dividend growth, and we are on course to meet our target,” he said.Bank of America Merrill Lynch said the results were slightly above expectations and underpinned medium-term growth prospects.SSE was expected to report profit of £1.27bn for the year to March 2011, against £1.29bn in 2009/10.SSE and consortium partners GDF Suez and Iberdrola, expect to decide whether to build a nuclear plant around 2015. It has put off a decision on the Aldbrough II gas storage site on the east coast, a joint venture with Norway’s Statoil, due to uncertainty about usage rules and increasing liquefied natural gas import capacity in Britain. SSE posts dip in profits but lifts dividend Share Tags: NULL whatsapp KCS-content Wednesday 10 November 2010 7:28 pmcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterGloriousaCouple Wins Lottery, 5 Years Later, Their House Had To Be DemolishedGloriousa Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Show Comments ▼ last_img read more

ITV rakes in £25m from X Factor final

first_imgSunday 12 December 2010 10:54 pm KCS-content whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndo Tags: NULL whatsapp Sharecenter_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap Show Comments ▼ ITV rakes in £25m from X Factor final MATT Cardle may have lifted the X Factor crown last night but ITV was the real winner, hitting an advertising jackpot of £25m.An estimated 20m people tuned in to watch the final of Simon Cowell’s talent show, with ITV charging close to £250,000 for a 30 second advertising slot.Firms including Lloyds Banking Group, Chanel and Sainsbury’s bought the premium slots.The last entertainment show to hit the elusive 20m audience figure was the Christmas come-back episode of Only Fools and Horses and Cowell’s achievement is all the more impressive given the fragmentation of TV audiences in recent years.The final of the most popular ever X Factor series comes just a week after the 50th anniversary of its smash-hit soap opera Coronation Street. To mark the occasion the show’s bosses crashed a tram into the street, drawing in 14m viewers and persuading advertisers to hand over £100,000 for a 30 second slot.ITV executives have been quick to play down the significance of the bumper period, calling it a “good start” but saying there is plenty of work to be done before the station is back on firm ground. Its advertising revenues have jumped 14 per cent this year but dropped nine per cent the year before. Chief executive Adam Crozier is attempting to reduce the firm’s reliance on core advertising. last_img read more

ANALYST VIEWS: WHAT NEXT FOR THE PROPERTY MARKET?

first_img ALAN CLARKE | BNP PARIBAS“I think it will be a year of two halves – a modest decline in prices in the first half, ending about five per cent down by mid-year: not too terrible. The market will then have bottomed out and start to regain ground.”YOLANDE BARNES | SAVILLS“London has slowed less than other UK regions and the top end is exceptionally resilient. We believe the London market will fall only about 0.1 per cent in 2011, as it is supported by international investors.”HOWARD ARCHER | IHS GLOBAL INSIGHT“House prices could fall about ten per cent from peak 2010 levels, so about seven per cent more from now. Current economic conditions are unhelpful and only partially offset by low interest rates. The rate of new houses and mortgage approvals coming to market will determine how prices change next year, but the supply/demand balance remains in favour of buyers for now.” Show Comments ▼ ANALYST VIEWS: WHAT NEXT FOR THE PROPERTY MARKET? Sunday 19 December 2010 10:15 pm KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Timescenter_img whatsapp Share Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapplast_img read more

US retail sales rise despite fuel costs

first_img US retail sales rise despite fuel costs by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia John Dunne US retail sales posted their largest gain in four months in February as shoppers stepped up purchases of autos, clothes and other goods even as they spent more for fuel.The report from the Commerce Department pointed to strong consumer spending and acceleration in economic growth in the first quarter.Total retail sales rose one per cent, the Commerce Department said, the largest gain since October and the eighth straight monthly advance. The rise was in line with economists’ expectations.January sales were revised up to a 0.7 per cent increase from a previously reported 0.3 per cent gain. Compared to February last, sales were up 8.9 per cent.“Consumer spending is still expanding at a healthy pace. Some of the strength we saw during the holidays continued into this year. That bodes well for the economy remaining on track for recovery,” said Gary Thayer, chief macro strategist at Wells Fargo Advisors in St. Louis.Excluding autos, sales rose 0.7 per cent last month after gaining 0.6 percent in January.US stock index futures briefly turned positive on the data, while Treasury debt prices fell. The dollar held gains against the euro.Consumers last month overcame a 3.7 per cent increase in gasoline prices to spend on a range of goods, including autos, whose sales rose 2.3 per cent after rising 1.2 per cent in January. Receipts at gasoline stations increased 1.4 per cent after rising 1.3 per cent in January. Excluding gasoline, sales rose 0.9 percent after rising 0.6 per cent in January.“Retail spending has mostly been accelerating among people with sufficient income for discretionary spending so they are not as affected by higher gasoline prices as people with more limited incomes,” said Jerry Webman, chief economist at OppenheimerFunds in New York.Unrest in the Middle East and North Africa has pushed Brent crude oil prices above $100 a barrel, raising concerns that high gasoline prices could eat into consumer pocketbooks already strained by high unemployment. Show Comments ▼ whatsapp Share whatsapp Friday 11 March 2011 10:03 am Tags: NULLlast_img read more

St Ives to sell magazine arm

first_img Tags: NULL whatsapp Share whatsapp Printing company St Ives said it agreed to sell its loss-making magazine business for £20m to a unit of private equity firm Walstead Investments. St Ives, which prints a range of products from books to CD and DVD cases, said it would receive £15m in cash on completion of the deal and £5m in loan notes. Walstead Investments is backed by Bank Leumi, Israel’s largest bank. St Ives’ magazine business has been struggling in recent years as excess capacity in the market lowered prices, and advertising and content moved to digital formats. The division posted a pre-tax loss of £5.1m on revenue of £70.5m. Monday 14 March 2011 8:28 pm Show Comments ▼ St Ives to sell magazine arm KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wraplast_img read more

WOMEN ON TOP AT THE OSCARS OF THE ENTREPRENEURIAL WORLD

first_img whatsapp Tags: NULL Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Share whatsapp Monday 28 March 2011 8:16 pm WOMEN ON TOP AT THE OSCARS OF THE ENTREPRENEURIAL WORLD WILL business women ever win the Board game? The answer is an emphatic yes, as proved by the trailblazing trajectory of Michelle McDowell of engineer BDP, who was last night crowned Veuve Clicquot Business Woman of the Year.As chair of civil and structural engineering, McDowell helped increase BDP’s turnover to £96m through her involvement on projects such as the £70m redevelopment of the Albert Hall – and her achievements helped her beat Joanna Shields, EMEA vice-president of Facebook; Susie Hewson, director of Natracare; and Jillian Maclean, founder of Drake & Morgan to take home the champagne bottle-shaped silver trophy.The evening’s keynote speaker was former City minister Lord Myners, who declared the private sector’s failure to recognise female talent is the “largest missed opportunity in the economy at the moment”.“The private sector has been blinded by tradition and prejudice,” he told the packed audience at Claridges, before predicting that at least five FTSE 100 boards will have a majority of women directors within ten years – but solely on merit, rather than “political correctness”. So no quotas, then. Show Comments ▼ KCS-content last_img read more