EX-CITI BANKER CLAIMS UNFAIR DISMISSAL – FOR BEING GORGEOUS June 2, 2010 WE’VE all heard of lawsuits being fired back and forth due to foxy females being sexually harassed at work, but bringing a legal complaint because managers insist a lady is too attractive to wear her normal office attire? That’s got to be a new one. Latino bombshell Debrahlee Lorenzana has filed a lawsuit in New [...]
Mouchel hit by Middle East strife March 30, 2010 BUSINESS services group Mouchel posted a 28 per cent fall in first-half profit yesterday, hit by the downturn in the Middle East and uncertainty on public sector contract awards ahead of the general election. Mouchel, which maintains highways, monitors the cleanliness of the drinking water and manages local government IT systems, yesterday reported a pre-tax [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 29, 2010 FINANCIAL TIMES BIG INVESTMENTS BOOST UK’S GREEN SECTOR The prospect of thousands of new “green” jobs in the UK as part of a drive for a low carbon economy came a step closer with two big investments in the environmental sector. Siemens, the German industrial giant, became the fourth wind turbine manufacturer to announce that [...]
BAILOUT CHIEFS FACE HOLLYWOOD PARADE April 8, 2010 HERE’S betting that the key players in the downfall and rescue of the US banking system never believed they’d have it so good. After countless sleepless nights and stress-soaked days, it’s probably fair to say that policymakers and bank bosses weren’t looking their best when they emerged, battered and bruised, on the other side of [...]
Regus profits fall but bright outlook ahead March 22, 2010 SERVICED office provider Regus yesterday said full-year pre-tax profits fell 42 per cent as the recession took its toll on small business, and warned its outlook remained unclear. Regus said the UK workspace picture remains hazy as it posted a fall in turnover from £1.077bn to £1.055bn with pre-tax profits of £86.9m compared with £149.2m [...]
With a global fund, the world is your oyster April 20, 2010 TRADITIONALLY, British institutional investors have been interested mostly in regional funds, leveraging local knowledge to bring returns. But there are signs that global funds – which cover all sectors and regions – are growing in popularity. Data from Lipper, the fund management research firm, shows that 16 and 20 global equity funds available to UK [...]
CITY MOVES | WHO’S SWITCHING JOBS April 6, 2010 FinnCap The broker and corporate adviser has appointed retail analyst David Stoddart (pictured) and corporate financier Sarah Wharry to its team. Stoddart is one of the best-known retail analysts in the City, having covered the sector for over 20 years. He joins from Altium Securities and has also worked at Landsbanki, Henderson Crosthwaite Securities and [...]
ECONOMIST VIEWS: WHAT DO YOU EXPECT THE MPC MINUTES TO REVEAL? March 14, 2010 HOWARD ARCHER | IHS GLOBAL INSIGHT A unanimous vote. All nine members voted for unchanged interest rates and QE in February and there seems little reason to expect anyone to have changed their mind at the March meeting. The MPC is likely to remain in “wait and see” mode until the distortions to activity work [...]
Tax is making firms flee UK January 17, 2010 ONE in 10 entrepreneurs plan to leave the country because of the current UK regulatory and tax environment, according to a report by Investec. A survey of 171 firms by Investec Specialist Private Bank and the Entrepreneurs’ Organisation revealed 10 per cent are planning to move their operations outside the UK. Investec’s Ed Cottrell said: [...]
ECONOMIST VIEWS: WHAT DO YOU THINK HAS CONTRIBUTED TO A RISE IN GDP? February 22, 2010 JONATHAN LOYNES | CAPITAL ECONOMICS “The breakdown looks set to reveal a weak contribution from household spending after the slowdown in retail sales growth in the fourth quarter. With net trade also weak, stockbuilding, investment and government spending may have driven the exit from recession.” PHILIP SHAW | INVESTEC “ONS figures showed industrial production rising [...]