Jonnie Peacock smiles despite failing to medal in Paralympic Games as Sherman Guity Guity claims gold
M&S to introduce in-store banking service June 8, 2012 Retailer Marks & Spencer said it plans to launch an in-store banking service next month, backed by Europe’s biggest bank HSBC. The group said 50 M&S Bank branches will open in M&S stores across the UK over the next two years, with the first branch scheduled to open in July at its flagship Marble Arch [...]
Microsoft reveals its new Surface tablet in bid to challenge Apple June 18, 2012 MICROSOFT last night drew back the curtains on Microsoft Surface, its first, long-awaited tablet as it looks to step up competition with Apple’s iPad. At a private event held at Milkwood Studios in Hollywood yesterday evening, the technology giant showed off two versions of the Windows-powered Surface device, a thinner 9.3mm model for the Windows [...]
Rail fare rises cut to 6pc November 27, 2011 COMMUTERS will gain slight relief in George Osborne’s Autumn Statement as he is expected to announce peak and season ticket price rises will be capped at a lower level. Rises will be kept below six per cent, it is thought, rather than the eight per cent previously anticipated. This will cost the Treasury £300m, but [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 22, 2012 FINANCIAL TIMES Electricity market reforms unworkable The Treasury’s refusal to back the energy department’s low-carbon agenda has made flagship electricity market reforms “unworkable”, “vacuous” and counterproductive, the government has been told. A draft bill designed to spur billions of pounds of spending on power sources such as wind farms and nuclear plants is so flawed [...]
Bank levy hiked November 29, 2011 The government has announced that it will increase the levy on bank borrowing in the UK again. It will rise from the current 0.078 per cent to 0.088 per cent from January. The Treasury assesses that it will yield the originally projected £2.6bn per year. Chancellor George Osborne made the announcement – which was widely [...]
Bank hunt will start in autumn April 22, 2012 The search for the next Bank of England governor will not formally start until the autumn, George Osborne said yesterday. The chancellor has come under pressure from the Treasury Select Committee to set out how and when it will choose Sir Mervyn King’s replacement. “There will be a proper process for appointing the next governor,” [...]
Duncan Smith admits hike in benefits will discourage work December 4, 2011 IAIN Duncan Smith, the welfare secretary, yesterday admitted that the Treasury had discouraged people from working, after it increased out-of-work benefits in line with inflation while freezing various tax credits for those in employment. Duncan Smith’s comments came after George Osborne used his Autumn Statement to freeze the working tax credit and to cancel plans [...]
THE TIPSTER November 29, 2011 THE Eurozone crisis rumbles on with daily reports. “Good” bond auctions in Italy sent the euro sharply higher and rumours of French downgrades pushed it lower. Euro-sterling languishes near its September and October lows of £0.8530 and looks vulnerable to further weakness. But traders should keep in mind that the euro rallied sharply against the [...]
Osborne: Eurozone’s plans for balanced budgets are crude December 7, 2011 GEORGE Osborne attacked “crude” Eurozone plans to force countries into balancing budgets yesterday, as MPs grilled him on his Autumn Statement. He defended his own plans to eliminate the UK’s structural deficit in five years time as vital to “maintaining stability,” and said the tweaks he made last week were based on “reasonable forecasts” from [...]
Osborne: Eurozone’s plans for balanced budgets are crude December 7, 2011 GEORGE Osborne attacked “crude” Eurozone plans to force countries into balancing budgets yesterday, as MPs grilled him on his Autumn Statement. He defended his own plans to eliminate the UK’s structural deficit in five years time as vital to “maintaining stability,” and said the tweaks he made last week were based on “reasonable forecasts” from [...]